Founded in 2008 in Bristol, Tennessee, by former college coach Matt Lavinder, New Again Houses® began as a local real estate investment venture focused on revitalizing distressed properties.
Recognizing the potential for a broader impact, Lavinder transitioned the business into a franchise model in 2019, and the company remains headquartered in Bristol today.
The franchise specializes in purchasing, renovating, and selling homes, transforming outdated or neglected properties into beautiful, modern residences ready for families.
What sets New Again Houses® apart is its deep commitment to community impact and ethical business practices. The brand emphasizes creating win-win outcomes for homeowners, buyers, and franchisees alike, and has earned high praise for its integrity—100% of surveyed franchisees report the franchisor acts with honesty and transparency.
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
New Again Houses provides franchisees with several layers of training to ensure they are prepared to operate successfully:
New Again Houses grants each franchisee a designated Territory defined by demographic factors like population, median home value, and housing stock, but it does not provide an exclusive territory.
Franchisees may face competition from other New Again Houses franchisees, company-owned locations, or other sales channels controlled by the franchisor. This means the franchisor retains the right to operate or franchise within the same market without guaranteeing exclusivity.
While franchisees can organize special events outside their Territory, they need prior written approval from the franchisor. Continuation of any territory protection is contingent on meeting a minimum royalty fee of $15,000 per year, or the franchisee may opt to terminate the agreement.
KEY FRANCHISE STATS
All you need to know about this franchise
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Below are some of
New Again Houses
key competitors in the
Broker/Realtor
sector.
37
$42,500
$92,000
$186,000
n.a.
$1,447,000
$xxx,xxx
13.0%
n.a.
n.a.
n.a.
The Agency
$100K - $200K
42
$47,500
$120,000
$856,000
n.a.
$0
$xxx,xxx
n.a.
n.a.
n.a.
n.a.
1 Percent Lists
Under $25K
30
$15,000
$23,000
$59,000
n.a.
$0
$xxx,xxx
n.a.
n.a.
n.a.
n.a.
PropertyGuys.com
Under $25K
4
$20,000
$22,000
$81,000
n.a.
$0
$xxx,xxx
n.a.
n.a.
n.a.
n.a.
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