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