Next Generation Realty vs REALean Franchise Comparison

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

Start-Up Costs and Fees
 
Next Generation Realty Franchise
REALean Franchise
Investment $30,000 - $397,800$24,710 - $40,220
Franchise Fee $19,900 - $267,700$19,900
Royalty Fee 4.5%2.5%
Advertising Fee 3%-
Year Founded 19942012
Year Franchised 19942017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Next Generation Realty Franchise
REALean Franchise
Experience --

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

Training & Support
 
Next Generation Realty Franchise
REALean Franchise
Training - Classroom Training: 12 hours
Support - Ongoing Support Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Site Selection
Marketing - Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
Operations --

Expansion Plans
 
Next Generation Realty Franchise
REALean Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

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 REALean

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REALean offers franchises to qualified individuals and entities to own and operate a REALean real estate brokerage featuring their innovative commission structures.
REALean: the next generation real estate brokerage franchise.
Full service REAL estate with Lean costs to home sellers.
4% listing fees, 3% if there is not a buyer's agent.