Coldwell Banker vs Next Generation Realty Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Coldwell Banker vs Next Generation Realty including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Coldwell Banker Franchise
Next Generation Realty Franchise
Investment $23,500 - $70,100$30,000 - $397,800
Franchise Fee $13,000 - $25,000$19,900 - $267,700
Royalty Fee 6%4.5%
Advertising Fee 2%3%
Year Founded 19061994
Year Franchised 19821994
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee Varies-


Business Experience Requirements
 
Coldwell Banker Franchise
Next Generation Realty Franchise
Experience
  • Industry experience
    		• -

    Financing Options
     
    Coldwell Banker Franchise
    Next Generation Realty Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/Yes-/-
    Start-up Costs No/No-/-
    Equipment No/Yes-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Coldwell Banker Franchise
    Next Generation Realty Franchise
    Training Ongoing training at other locations & via the Internet-
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations-
    Marketing Ad slicks, National media, Regional advertising-
    Operations 27% of all franchisees own more than one unit

    Absentee ownership of franchise is NOT allowed.

    		-

    Expansion Plans
     
    Coldwell Banker Franchise
    Next Generation Realty Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Coldwell Banker

    In the wake of the 1906 San Francisco earthquake, Colbert Coldwell saw how many real estate agents took advantage of victims and decided there was a need for knowledgeable, reliable agents. That same year, he founded his company and in 1914 was joined by Benjamin Arthur Banker, who became a full partner.
    Today, Coldwell Banker agents handle residential, luxury, resort and commercial real estate sales.

    "Womens

    #278 in Franchise 500 for 2021.   Not in Franchise 500 for 2021.


    About Next Generation Realty

    Next Generation Realty was founded in 1994 by Tom Franklin and Rob Doheny. Our philosophy is based on quality service at an affordable price. We believe that all real estate can be sold, and that by being our partner, it can be sold for one low flat fee. It was this belief that lead us to develop an alternative program that partners us with the seller in the marketing of their home. Our company operates around 3 Basic Principles:

     One Low Fee, on any priced home, paid at closing with no upfront fees. Our program presented in writing with guaranteed advertising. You can cancel at any time with no cost, no hassle.

    Since our clients show their own home, our agents list and sell more homes!