Next Generation Realty vs Realty ONE Group Franchise Comparison

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

Start-Up Costs and Fees
 
Next Generation Realty Franchise
Realty ONE Group Franchise
Investment $30,000 - $397,800$44,250 - $222,500
Franchise Fee $19,900 - $267,700$25,000
Royalty Fee 4.5%2%
Advertising Fee 3%-
Year Founded 19942005
Year Franchised 19942012
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Next Generation Realty Franchise
Realty ONE Group Franchise
Experience --

Financing Options
 
Next Generation Realty Franchise
Realty ONE Group Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Next Generation Realty Franchise
Realty ONE Group Franchise
Training -On-The-Job Training 144 hours Classroom Training 28 hours Additional Training Affiliate coaching program, ongoing regional and virtual workshops
Support -Purchasing Co-ops 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 Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations -Number of Employees Required to Run: 3

Expansion Plans
 
Next Generation Realty Franchise
Realty ONE Group Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

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!

About Realty ONE Group

Realty ONE is franchising across the nation, opening doors for entrepreneurs every day! Join us as we continue to paint the nation gold, shake the real estate industry to its core, and give you the tools to empower your business to take it to the next level.
Realty ONE Group is redefining the real estate industry by offering unmatched support, leading technology, a 100% commission model and an innovative COOLTURE. We are painting the globe gold and have expanded to more than 150+ locations in the world. We are on the search for the next Rockstar to join our ONE family!

Seeking new franchise units worldwide.

"Entrepreneur

#92 in Franchise 500 for 2020.
#40 in Franchise 500 for 2021.