NextHome Franchise

Real estate

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The real estate industry is shifting. Our current population of brokers and agents are becoming more seasoned, and many are looking for succession plan options. In the last 15 years, the number of REALTORS in their 40 s has dropped, and even fewer of the next generation are choosing to enter the industry. The consumer population is changing. Generations X and Y now make up the majority of all homebuyers and sellers. By 2020 Millennials will make up at least half of the American workforce, and more than 90% plan to buy homes. Yet the majority of brokerage brands and models have not changed in culture, technology, products, services and marketing to become more relevant to today s consumer and agents. Created on a foundation of over forty years of franchising experience, and a leadership team who knows every side of the business. NextHome redesigned how a real estate franchise partners with its brokers. NextHome focuses on empowering every broker with streamlined, progressive products and world-class marketing. The consumer is our focal point for evaluating and implementing new ideas, allowing you to remain relevant and capitalize on smart strategic growth. NextHome strives to help you achieve agent productivity, increased profitability and systems for long-term success. #95 in Franchise 500 for 2020.#79 in Franchise 500 for 2021.

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$129.55 USD
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$129.55
$129.55


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Please Note: The operators of NextHome, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official NextHome website.

How much does it cost to open a NextHome Franchise ?

The investment required to open a NextHome Franchise is between $14,750 - $213,100 . There is an initial franchise fee of $3,750 -$8,000 which grants you the license to run a business under the NextHome name.

Individual Franchise Costs

  • Initial Investment:
    $14,750 -
  • Initial Franchise Fee:
    $3,750 - $8,000
  • Royalty Fee:
    $180-$190/mo.
  • Advertising Fee:
    $75-85/transaction

Expense In-House Third Party
Franchise Fee N/A N/A
Startup Costs N/A N/A
Equipment N/A N/A
Inventory N/A N/A
Accounts Receivable N/A N/A
Payroll N/A N/A

Training
Classroom Training: 28 hours

Support
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 Social media SEO Website development Email marketing

NextHome Growth History

When did the first NextHome open? 2014
When did NextHome start Franchising ? 2014

Number of Employees Required to Run: 1

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



How much does a NextHome Franchise owner make?

To calculate how much income a franchise owner can do at NextHome Franchise , may vary on factors like location, size etc. On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise ver_a. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial oper_ating costs like signage, furniture, decoration and renovations.

Initial Investment
$3,750 - $213,100
Initial Franchise Fee
$3,750 - $8,000
Royalty Fee
$180-$190/mo.
Advertising Fee
$75-85/transaction
NextHome Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for NextHome and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an NextHome franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.