Global Choice Real Estate vs NextHome Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Global Choice Real Estate vs NextHome including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Global Choice Real Estate Franchise
NextHome Franchise
Investment $39,900 - $188,000$14,750 - $213,100
Franchise Fee $14,500$3,750 - $8,000
Royalty Fee Flat fee of $795 per month$180-$190/mo.
Advertising Fee -$75-85/transaction
Year Founded 20042014
Year Franchised 20052014
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee 25% 0f then current fran. fee-


Business Experience Requirements

 
Global Choice Real Estate Franchise
NextHome Franchise
Experience --

Financing Options

 
Global Choice Real Estate 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

 
Global Choice Real Estate Franchise
NextHome Franchise
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
Operations -Number of Employees Required to Run: 1

Expansion Plans

 
Global Choice Real Estate Franchise
NextHome Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion No-

Company Overviews

About Global Choice Real Estate

NO LONGER FRANCHISING

Global Choice Real Estate is an across the nation diversified organization and as another franchisee, you can depend on us for the most extreme in Broker/Owner client administration and care. Our association with you would guarantee that you are given quality frameworks that are ideal in operation (and simple to execute); present day office sites and individual specialist sites; cutting edge, simple to utilize web based administration bookkeeping programs; in addition to considerably more! In particular are the enduring companionships made through this contact and proceeded with support in the interest of our franchisees to guarantee that you and your business thrive with achievement!

For Agents; Global Choice Real Estate has executed a liberal income sharing arrangement for proprietors, and a liberal benefit sharing arrangement for Sales Associates.

Our Sales Associates can prepare to be Managers inside the organization, and work towards Executive Managers too.

With Global Choice Real Estate, you have the chance to manufacture a business profession, and acquire boundless lingering wage!

Our vision is to construct a business that helps our operators and franchisees develop by and by and monetarily by giving the most extreme preparing and support.

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.