1st Class Real Estate vs Next Generation Realty Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of 1st Class Real Estate vs Next Generation Realty including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  1st Class Real Estate Next Generation Realty
Investment 14420 - 209475 30000 - 397800
Franchise Fee
Royalty Fee 4.50%
Advertising Fee 3%
Year Founded 2012 1994
Year Franchised 2018 1994
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  1st Class Real Estate Next Generation Realty
Experience

Financing Options

  1st Class Real Estate Next Generation Realty
 
Franchise Fees Yes
Start-up Costs Yes
Equipment
Inventory
Receivables
Payroll

Training & Support

  1st Class Real Estate Next Generation Realty
Training Classroom Training: 16 hours Additional Training: Virtual training
Support Ongoing Support Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app
Operations Number of Employees Required to Run: 3

Expansion Plans

  1st Class Real Estate Next Generation Realty
US Expansion
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
1st Class Real Estate
Next Generation Realty
Franchise Fee
1st Class Real Estate
Next Generation Realty
Royalty Fee
1st Class Real Estate
Next Generation Realty 4.50%
Advertising Fee
1st Class Real Estate
Next Generation Realty 3%
Year Founded
1st Class Real Estate 2012
Next Generation Realty 1994
Year Franchised
1st Class Real Estate 2018
Next Generation Realty 1994
Term Of Agreement
1st Class Real Estate
Next Generation Realty
Renewal Fee
1st Class Real Estate
Next Generation Realty


Business Experience Requirements

Experience
1st Class Real Estate
Next Generation Realty

Financing Options

 
Franchise Fees
1st Class Real Estate Yes
Next Generation Realty Yes
Start-up Costs
1st Class Real Estate
Next Generation Realty
Equipment
1st Class Real Estate}
Next Generation Realty
Inventory
1st Class Real Estate
Next Generation Realty
Receivables
1st Class Real Estate
Next Generation Realty
Payroll
1st Class Real Estate
Next Generation Realty

Training & Support

Training
1st Class Real Estate Classroom Training: 16 hours Additional Training: Virtual training
Next Generation Realty
Support
1st Class Real Estate Ongoing Support Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Next Generation Realty
Marketing
1st Class Real Estate Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app
Next Generation Realty
Operations
1st Class Real Estate Number of Employees Required to Run: 3
Next Generation Realty

Expansion Plans

US Expansion
1st Class Real Estate
Next Generation Realty
Canada Expansion
1st Class Real Estate
Next Generation Realty 0
International Expansion
1st Class Real Estate
Next Generation Realty