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Updated RecentlyNational Home Buyers Assistance vs Better Homes Realty Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of National Home Buyers Assistance vs Better Homes Realty including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $100,000 - $200,000 | $61,500 |
| Franchise Fee | $30,000 | $9,950 |
| Royalty Fee | Varies | Varies |
| Advertising Fee | - | - |
| Year Founded | 2001 | 1964 |
| Year Franchised | 2003 | 1975 |
| Term Of Agreement | 10 years | 5 years |
| Term Of Agreement | 10 years | 5 years |
| Renewal Fee | $5K | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | Yes/No |
| Start-up Costs | No/No | No/No |
| Equipment | No/No | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | Available at headquarters, Available at franchisee's location |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet |
| Marketing | Ad slicks, National media, Regional advertising | Co-op advertising, Ad slicks |
| Operations |
Franchise can be run from home.
Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) |
10% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
Company Overviews
About National Home Buyers Assistance
NHBA turns today's renters into tomorrow's homeowners through a franchise network of America's top real estate investment professionals. NHBA offers a great investment opportunity combined with an excellent franchise system. NHBA's goal is to expand its operations to all 50 states and selected international markets and anticipates that its franchise system will include some 10,000 franchises worldwide - many of whom will be successful brokers, Realtors, mortgage brokers, home builders and investors.
About Better Homes Realty
In 1964 a group of independent real estate brokerage offices in the Walnut Creek, California, area came together to do business as Better Homes Realty. The company began adding offices throughout Contra Costa County, California, and in 1975 Better Homes Realty obtained a franchise license to expand the concept in California. The company has been franchising nationally since 1981.