Start-Up Costs and Fees |
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| Engel & Voelkers | NextHome | |
| Investment | 176000 - 320500 | 14750 - 213100 |
| Franchise Fee | ||
| Royalty Fee | 6% | $180-$190/mo. |
| Advertising Fee | 1.50% | $75-85/transaction |
| Year Founded | 1977 | 2014 |
| Year Franchised | 1998 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| Engel & Voelkers | NextHome | |
| Experience | ||
Financing Options |
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| Engel & Voelkers | NextHome | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
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| Engel & Voelkers | NextHome | |
| Training | Knowledge as a competitive factor The increasingly dynamic development of the markets calls for specialisation and sound expertise. Engel & Voelkers recognised the signs of the times early on and established its own academy in 1996 to provide a sound professional education to all company employees. During a six-day basic training course our new employees get to know the innovative Engel & Voelkers marketing system in a three-step programme. Among other things, the course subjects comprise questions of corporate identity and software seminars for the specially developed program "Global Office" as well as practice-oriented sales seminars. The training takes place regularly in the seminar room of the DJZ (German-Japanese Centre) at the Stadthausbroecke in Hamburg. Local seminars in the respective countries can be organized with a minimum of 6 participants. | Classroom Training: 28 hours |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Ad Templates National Media Social media SEO Website development Email marketing | |
| Operations | Number of Employees Required to Run: 1 | |
Expansion Plans |
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| Engel & Voelkers | NextHome | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
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| Investment | |
| Engel & Voelkers | |
| NextHome | |
| Franchise Fee | |
| Engel & Voelkers | |
| NextHome | |
| Royalty Fee | |
| Engel & Voelkers | 6% |
| NextHome | $180-$190/mo. |
| Advertising Fee | |
| Engel & Voelkers | 1.50% |
| NextHome | $75-85/transaction |
| Year Founded | |
| Engel & Voelkers | 1977 |
| NextHome | 2014 |
| Year Franchised | |
| Engel & Voelkers | 1998 |
| NextHome | 2014 |
| Term Of Agreement | |
| Engel & Voelkers | |
| NextHome | |
| Renewal Fee | |
| Engel & Voelkers | |
| NextHome | |
Business Experience Requirements |
|
| Experience | |
| Engel & Voelkers | |
| NextHome | |
Financing Options |
|
| Franchise Fees | |
| Engel & Voelkers | |
| NextHome | |
| Start-up Costs | |
| Engel & Voelkers | |
| NextHome | |
| Equipment | |
| Engel & Voelkers} | |
| NextHome | |
| Inventory | |
| Engel & Voelkers | |
| NextHome | |
| Receivables | |
| Engel & Voelkers | |
| NextHome | |
| Payroll | |
| Engel & Voelkers | |
| NextHome | |
Training & Support |
|
| Training | |
| Engel & Voelkers | Knowledge as a competitive factor The increasingly dynamic development of the markets calls for specialisation and sound expertise. Engel & Voelkers recognised the signs of the times early on and established its own academy in 1996 to provide a sound professional education to all company employees. During a six-day basic training course our new employees get to know the innovative Engel & Voelkers marketing system in a three-step programme. Among other things, the course subjects comprise questions of corporate identity and software seminars for the specially developed program "Global Office" as well as practice-oriented sales seminars. The training takes place regularly in the seminar room of the DJZ (German-Japanese Centre) at the Stadthausbroecke in Hamburg. Local seminars in the respective countries can be organized with a minimum of 6 participants. |
| NextHome | Classroom Training: 28 hours |
| Support | |
| Engel & Voelkers | |
| NextHome | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Engel & Voelkers | |
| NextHome | Ad Templates National Media Social media SEO Website development Email marketing |
| Operations | |
| Engel & Voelkers | |
| NextHome | Number of Employees Required to Run: 1 |
Expansion Plans |
|
| US Expansion | |
| Engel & Voelkers | |
| NextHome | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Engel & Voelkers | 0 |
| NextHome | |
| International Expansion | |
| Engel & Voelkers | |
| NextHome | |