Start-Up Costs and Fees |
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| NextHome | 1st Class Real Estate | |
| Investment | 14750 - 213100 | 14420 - 209475 |
| Franchise Fee | ||
| Royalty Fee | $180-$190/mo. | |
| Advertising Fee | $75-85/transaction | |
| Year Founded | 2014 | 2012 |
| Year Franchised | 2014 | 2018 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| NextHome | 1st Class Real Estate | |
| Experience | ||
Financing Options |
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| NextHome | 1st Class Real Estate | |
| Franchise Fees | Yes | |
| Start-up Costs | Yes | |
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| NextHome | 1st Class Real Estate | |
| Training | Classroom Training: 28 hours | Classroom Training: 16 hours Additional Training: Virtual training |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Ongoing Support Newsletter 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 | Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Number of Employees Required to Run: 1 | Number of Employees Required to Run: 3 |
Expansion Plans |
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| NextHome | 1st Class Real Estate | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| NextHome | |
| 1st Class Real Estate | |
| Franchise Fee | |
| NextHome | |
| 1st Class Real Estate | |
| Royalty Fee | |
| NextHome | $180-$190/mo. |
| 1st Class Real Estate | |
| Advertising Fee | |
| NextHome | $75-85/transaction |
| 1st Class Real Estate | |
| Year Founded | |
| NextHome | 2014 |
| 1st Class Real Estate | 2012 |
| Year Franchised | |
| NextHome | 2014 |
| 1st Class Real Estate | 2018 |
| Term Of Agreement | |
| NextHome | |
| 1st Class Real Estate | |
| Renewal Fee | |
| NextHome | |
| 1st Class Real Estate | |
Business Experience Requirements |
|
| Experience | |
| NextHome | |
| 1st Class Real Estate | |
Financing Options |
|
| Franchise Fees | |
| NextHome | |
| 1st Class Real Estate | |
| Start-up Costs | |
| NextHome | |
| 1st Class Real Estate | |
| Equipment | |
| NextHome} | |
| 1st Class Real Estate | |
| Inventory | |
| NextHome | |
| 1st Class Real Estate | |
| Receivables | |
| NextHome | |
| 1st Class Real Estate | |
| Payroll | |
| NextHome | |
| 1st Class Real Estate | |
Training & Support |
|
| Training | |
| NextHome | Classroom Training: 28 hours |
| 1st Class Real Estate | Classroom Training: 16 hours Additional Training: Virtual training |
| Support | |
| NextHome | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| 1st Class Real Estate | Ongoing Support Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| NextHome | Ad Templates National Media Social media SEO Website development Email marketing |
| 1st Class Real Estate | Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| NextHome | Number of Employees Required to Run: 1 |
| 1st Class Real Estate | Number of Employees Required to Run: 3 |
Expansion Plans |
|
| US Expansion | |
| 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 |
| 1st Class Real Estate | |
| Canada Expansion | |
| NextHome | |
| 1st Class Real Estate | |
| International Expansion | |
| NextHome | |
| 1st Class Real Estate | |