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Updated RecentlyNational Home Buyers Assistance vs 1st Class Real Estate Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of National Home Buyers Assistance vs 1st Class Real Estate 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 | $14,420 - $209,475 |
| Franchise Fee | $30,000 | $5,000 - $25,000 |
| Royalty Fee | Varies | - |
| Advertising Fee | - | - |
| Year Founded | 2001 | 2012 |
| Year Franchised | 2003 | 2018 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 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/- |
| Start-up Costs | No/No | Yes/- |
| Equipment | No/No | -/Yes |
| Inventory | No/No | -/Yes |
| Receivables | No/No | -/Yes |
| Payroll | No/No | -/Yes |
Training & Support |
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| Training | - | Classroom Training: 16 hours Additional Training: Virtual training |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Ongoing Support Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Ad slicks, National media, Regional advertising | Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app |
| 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: 3 |
Expansion Plans |
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| US Expansion | - | - |
| 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 1st Class Real Estate
!["1st]("https://fddexchange.com/wp-content/uploads/2020/07/1st-Class-Real-Estate.jpg")
The total investment necessary to begin operation of a 1st Class Real Estate Incubation Model is $14,420-$71,795.