Start-Up Costs and Fees |
||
| NextHome | RE/MAX | |
| Investment | 14750 - 213100 | 42000 - 284000 |
| Franchise Fee | 0 | |
| Royalty Fee | $180-$190/mo. | varies |
| Advertising Fee | $75-85/transaction | varies |
| Year Founded | 2014 | 1973 |
| Year Franchised | 2014 | 1975 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| NextHome | RE/MAX | |
| Experience | ||
Financing Options |
||
| NextHome | RE/MAX | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| NextHome | RE/MAX | |
| Training | Classroom Training: 28 hours | Semi-annual convention and conference |
| 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, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Ad Templates National Media Social media SEO Website development Email marketing | Ad slicks, National media, Regional advertising |
| Operations | Number of Employees Required to Run: 1 | Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. |
Expansion Plans |
||
| NextHome | RE/MAX | |
| 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 | |
| RE/MAX | |
| Franchise Fee | |
| NextHome | |
| RE/MAX | |
| Royalty Fee | |
| NextHome | $180-$190/mo. |
| RE/MAX | varies |
| Advertising Fee | |
| NextHome | $75-85/transaction |
| RE/MAX | varies |
| Year Founded | |
| NextHome | 2014 |
| RE/MAX | 1973 |
| Year Franchised | |
| NextHome | 2014 |
| RE/MAX | 1975 |
| Term Of Agreement | |
| NextHome | |
| RE/MAX | 5 years |
| Renewal Fee | |
| NextHome | |
| RE/MAX | Varies |
Business Experience Requirements |
|
| Experience | |
| NextHome | |
| RE/MAX | |
Financing Options |
|
| Franchise Fees | |
| NextHome | |
| RE/MAX | |
| Start-up Costs | |
| NextHome | |
| RE/MAX | |
| Equipment | |
| NextHome} | |
| RE/MAX | |
| Inventory | |
| NextHome | |
| RE/MAX | |
| Receivables | |
| NextHome | |
| RE/MAX | |
| Payroll | |
| NextHome | |
| RE/MAX | |
Training & Support |
|
| Training | |
| NextHome | Classroom Training: 28 hours |
| RE/MAX | Semi-annual convention and conference |
| Support | |
| NextHome | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| RE/MAX | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| NextHome | Ad Templates National Media Social media SEO Website development Email marketing |
| RE/MAX | Ad slicks, National media, Regional advertising |
| Operations | |
| NextHome | Number of Employees Required to Run: 1 |
| RE/MAX | Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. |
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 |
| RE/MAX | |
| Canada Expansion | |
| NextHome | |
| RE/MAX | |
| International Expansion | |
| NextHome | |
| RE/MAX | |