Start-Up Costs and Fees |
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| NextHome | Red Carpet Real Estate | |
| Investment | 14750 - 213100 | 36000 - 36000 |
| Franchise Fee | ||
| Royalty Fee | $180-$190/mo. | 5% |
| Advertising Fee | $75-85/transaction | 0.50% |
| Year Founded | 2014 | 1966 |
| Year Franchised | 2014 | 1970 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| NextHome | Red Carpet Real Estate | |
| Experience | ||
Financing Options |
||
| NextHome | Red Carpet Real Estate | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| NextHome | Red Carpet Real Estate | |
| Training | Classroom Training: 28 hours | Meetings Quarterly |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Field Training Franchisee Newsletter Regional or National Meetings |
| Marketing | Ad Templates National Media Social media SEO Website development Email marketing | |
| Operations | Number of Employees Required to Run: 1 | Average Number of Employees: 5 Full-time, 0 Part-timePassive Ownership: Allowed, But Discouraged |
Expansion Plans |
||
| NextHome | Red Carpet 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 | 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 | |
| Red Carpet Real Estate | |
| Franchise Fee | |
| NextHome | |
| Red Carpet Real Estate | |
| Royalty Fee | |
| NextHome | $180-$190/mo. |
| Red Carpet Real Estate | 5% |
| Advertising Fee | |
| NextHome | $75-85/transaction |
| Red Carpet Real Estate | 0.50% |
| Year Founded | |
| NextHome | 2014 |
| Red Carpet Real Estate | 1966 |
| Year Franchised | |
| NextHome | 2014 |
| Red Carpet Real Estate | 1970 |
| Term Of Agreement | |
| NextHome | |
| Red Carpet Real Estate | 5 years +7or10 |
| Renewal Fee | |
| NextHome | |
| Red Carpet Real Estate | |
Business Experience Requirements |
|
| Experience | |
| NextHome | |
| Red Carpet Real Estate | |
Financing Options |
|
| Franchise Fees | |
| NextHome | |
| Red Carpet Real Estate | |
| Start-up Costs | |
| NextHome | |
| Red Carpet Real Estate | |
| Equipment | |
| NextHome} | |
| Red Carpet Real Estate | |
| Inventory | |
| NextHome | |
| Red Carpet Real Estate | |
| Receivables | |
| NextHome | |
| Red Carpet Real Estate | |
| Payroll | |
| NextHome | |
| Red Carpet Real Estate | |
Training & Support |
|
| Training | |
| NextHome | Classroom Training: 28 hours |
| Red Carpet Real Estate | Meetings Quarterly |
| Support | |
| NextHome | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Red Carpet Real Estate | Field Training Franchisee Newsletter Regional or National Meetings |
| Marketing | |
| NextHome | Ad Templates National Media Social media SEO Website development Email marketing |
| Red Carpet Real Estate | |
| Operations | |
| NextHome | Number of Employees Required to Run: 1 |
| Red Carpet Real Estate | Average Number of Employees: 5 Full-time, 0 Part-timePassive Ownership: Allowed, But Discouraged |
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 |
| Red Carpet Real Estate | 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 | |
| NextHome | |
| Red Carpet Real Estate | |
| International Expansion | |
| NextHome | |
| Red Carpet Real Estate | |