Start-Up Costs and Fees |
||
| NextHome | Commission Express | |
| Investment | 14750 - 213100 | 112800 - 301500 |
| Franchise Fee | ||
| Royalty Fee | $180-$190/mo. | Varies |
| Advertising Fee | $75-85/transaction | |
| Year Founded | 2014 | 1992 |
| Year Franchised | 2014 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| NextHome | Commission Express | |
| Experience | General business experience | |
Financing Options |
||
| NextHome | Commission Express | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| NextHome | Commission Express | |
| Training | 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 | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| Marketing | Ad Templates National Media Social media SEO Website development Email marketing | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | Number of Employees Required to Run: 1 | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| NextHome | Commission Express | |
| 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 |
|
| Investment | |
| NextHome | |
| Commission Express | |
| Franchise Fee | |
| NextHome | |
| Commission Express | |
| Royalty Fee | |
| NextHome | $180-$190/mo. |
| Commission Express | Varies |
| Advertising Fee | |
| NextHome | $75-85/transaction |
| Commission Express | |
| Year Founded | |
| NextHome | 2014 |
| Commission Express | 1992 |
| Year Franchised | |
| NextHome | 2014 |
| Commission Express | 1996 |
| Term Of Agreement | |
| NextHome | |
| Commission Express | 10 years |
| Renewal Fee | |
| NextHome | |
| Commission Express | |
Business Experience Requirements |
|
| Experience | |
| NextHome | |
| Commission Express | General business experience |
Financing Options |
|
| Franchise Fees | |
| NextHome | |
| Commission Express | |
| Start-up Costs | |
| NextHome | |
| Commission Express | |
| Equipment | |
| NextHome} | |
| Commission Express | |
| Inventory | |
| NextHome | |
| Commission Express | |
| Receivables | |
| NextHome | |
| Commission Express | |
| Payroll | |
| NextHome | |
| Commission Express | |
Training & Support |
|
| Training | |
| NextHome | Classroom Training: 28 hours |
| Commission Express | |
| Support | |
| NextHome | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Commission Express | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| Marketing | |
| NextHome | Ad Templates National Media Social media SEO Website development Email marketing |
| Commission Express | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| NextHome | Number of Employees Required to Run: 1 |
| Commission Express | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
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 |
| Commission Express | |
| Canada Expansion | |
| NextHome | |
| Commission Express | 0 |
| International Expansion | |
| NextHome | |
| Commission Express | |