National Home Buyers Assistance vs NextHome Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of National Home Buyers Assistance vs NextHome including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
National Home Buyers Assistance Franchise
NextHome Franchise
Investment $100,000 - $200,000$14,750 - $213,100
Franchise Fee $30,000$3,750 - $8,000
Royalty Fee Varies$180-$190/mo.
Advertising Fee -$75-85/transaction
Year Founded 20012014
Year Franchised 20032014
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements
 
National Home Buyers Assistance Franchise
NextHome Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    National Home Buyers Assistance Franchise
    NextHome Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    National Home Buyers Assistance Franchise
    NextHome Franchise
    Training -Classroom Training: 28 hours
    Support Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesNewsletter 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 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)

    		Number of Employees Required to Run: 1

    Expansion Plans
     
    National Home Buyers Assistance Franchise
    NextHome Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    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 NextHome

    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.
    "NextHome
    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.

    "Entrepreneur

    #95 in Franchise 500 for 2020.
    #79 in Franchise 500 for 2021.