Start-Up Costs and Fees |
||
| Realty ONE Group | NextHome | |
| Investment | 44250 - 222500 | 14750 - 213100 |
| Franchise Fee | ||
| Royalty Fee | 2% | $180-$190/mo. |
| Advertising Fee | $75-85/transaction | |
| Year Founded | 2005 | 2014 |
| Year Franchised | 2012 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Realty ONE Group | NextHome | |
| Experience | ||
Financing Options |
||
| Realty ONE Group | NextHome | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Realty ONE Group | NextHome | |
| Training | On-The-Job Training 144 hours Classroom Training 28 hours Additional Training Affiliate coaching program, ongoing regional and virtual workshops | Classroom Training: 28 hours |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Ad Templates National Media Social media SEO Website development Email marketing |
| Operations | Number of Employees Required to Run: 3 | Number of Employees Required to Run: 1 |
Expansion Plans |
||
| Realty ONE Group | 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 | |
| Realty ONE Group | |
| NextHome | |
| Franchise Fee | |
| Realty ONE Group | |
| NextHome | |
| Royalty Fee | |
| Realty ONE Group | 2% |
| NextHome | $180-$190/mo. |
| Advertising Fee | |
| Realty ONE Group | |
| NextHome | $75-85/transaction |
| Year Founded | |
| Realty ONE Group | 2005 |
| NextHome | 2014 |
| Year Franchised | |
| Realty ONE Group | 2012 |
| NextHome | 2014 |
| Term Of Agreement | |
| Realty ONE Group | |
| NextHome | |
| Renewal Fee | |
| Realty ONE Group | |
| NextHome | |
Business Experience Requirements |
|
| Experience | |
| Realty ONE Group | |
| NextHome | |
Financing Options |
|
| Franchise Fees | |
| Realty ONE Group | |
| NextHome | |
| Start-up Costs | |
| Realty ONE Group | |
| NextHome | |
| Equipment | |
| Realty ONE Group} | |
| NextHome | |
| Inventory | |
| Realty ONE Group | |
| NextHome | |
| Receivables | |
| Realty ONE Group | |
| NextHome | |
| Payroll | |
| Realty ONE Group | |
| NextHome | |
Training & Support |
|
| Training | |
| Realty ONE Group | On-The-Job Training 144 hours Classroom Training 28 hours Additional Training Affiliate coaching program, ongoing regional and virtual workshops |
| NextHome | Classroom Training: 28 hours |
| Support | |
| Realty ONE Group | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| NextHome | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Realty ONE Group | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| NextHome | Ad Templates National Media Social media SEO Website development Email marketing |
| Operations | |
| Realty ONE Group | Number of Employees Required to Run: 3 |
| NextHome | Number of Employees Required to Run: 1 |
Expansion Plans |
|
| US Expansion | |
| Realty ONE Group | |
| 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 | |
| Realty ONE Group | |
| NextHome | |
| International Expansion | |
| Realty ONE Group | |
| NextHome | |