Next Generation Realty vs 1st Class Real Estate Franchise Comparison

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

Start-Up Costs and Fees

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


Business Experience Requirements

  Next Generation Realty 1st Class Real Estate
Experience

Financing Options

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

Training & Support

  Next Generation Realty 1st Class Real Estate
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

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

Start-Up Costs and Fees Mobile

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


Business Experience Requirements

Experience
Next Generation Realty
1st Class Real Estate

Financing Options

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

Training & Support

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

Expansion Plans

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