House Buyers of America is expanding into the Greater Boston area opening in both Boston and Springfield. 

The company, which specializes in buying and renovating older homes and providing affordable housing, is looking to assist buyers and sellers as it continues its East Coast growth. The company “places equal focus on using its high-tech resources as well as providing high-touch customer care and communication — without charging commissions or fees,” according to a company press release. 

Boston is House Buyers of America’s fifth market expansion and comes as the Virginia-based company announces its second-quarter revenue growth. 

“The Boston expansion was the next natural direction in our growth trajectory,” said Nick Ron, CEO of House Buyers. “Our company’s market research shows that this is an ideal market for our business model, and we are now in a position to assist buyers and sellers in the area to achieve their real estate goals faster than ever.” 

The company, which saw a 119% increase in revenue from last year as well as a 68% increase in sales and 93% in gross profit, said its expansion “demonstrates the demand for its direct real estate model.”

“Despite the homebuying industry being sluggish due to higher mortgage interest rates and continued low inventory, we have experienced the opposite,” Ron said. “Our investment in Boston and Springfield and plans to expand into other major U.S. markets signifies the expanded demand we’re seeing across the board. Our state-of-the-art technology takes a direct route to buy homes faster than ever before in as-is condition to deliver new inventory to the market.”