RE/MAX vs Next Generation Realty Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of RE/MAX vs Next Generation Realty including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  RE/MAX Next Generation Realty
Investment 42000 - 284000 30000 - 397800
Franchise Fee 0
Royalty Fee varies 4.50%
Advertising Fee varies 3%
Year Founded 1973 1994
Year Franchised 1975 1994
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  RE/MAX Next Generation Realty
Experience

Financing Options

  RE/MAX Next Generation Realty
 
Franchise Fees Yes
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  RE/MAX Next Generation Realty
Training Semi-annual convention and conference
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing Ad slicks, National media, Regional advertising
Operations Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed.

Expansion Plans

  RE/MAX Next Generation Realty
US Expansion
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
RE/MAX
Next Generation Realty
Franchise Fee
RE/MAX
Next Generation Realty
Royalty Fee
RE/MAX varies
Next Generation Realty 4.50%
Advertising Fee
RE/MAX varies
Next Generation Realty 3%
Year Founded
RE/MAX 1973
Next Generation Realty 1994
Year Franchised
RE/MAX 1975
Next Generation Realty 1994
Term Of Agreement
RE/MAX 5 years
Next Generation Realty
Renewal Fee
RE/MAX Varies
Next Generation Realty


Business Experience Requirements

Experience
RE/MAX
Next Generation Realty

Financing Options

 
Franchise Fees
RE/MAX Yes
Next Generation Realty Yes
Start-up Costs
RE/MAX
Next Generation Realty
Equipment
RE/MAX}
Next Generation Realty
Inventory
RE/MAX
Next Generation Realty
Receivables
RE/MAX
Next Generation Realty
Payroll
RE/MAX
Next Generation Realty

Training & Support

Training
RE/MAX Semi-annual convention and conference
Next Generation Realty
Support
RE/MAX Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
Next Generation Realty
Marketing
RE/MAX Ad slicks, National media, Regional advertising
Next Generation Realty
Operations
RE/MAX Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed.
Next Generation Realty

Expansion Plans

US Expansion
RE/MAX
Next Generation Realty
Canada Expansion
RE/MAX
Next Generation Realty 0
International Expansion
RE/MAX
Next Generation Realty