Sandals Realty vs NextHome Franchise Comparison

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

Start-Up Costs and Fees
 
Sandals Realty Franchise
NextHome Franchise
Investment $92,650 - $183,450$14,750 - $213,100
Franchise Fee $30,000$3,750 - $8,000
Royalty Fee 7%$180-$190/mo.
Advertising Fee -$75-85/transaction
Year Founded -2014
Year Franchised -2014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Sandals Realty Franchise
NextHome Franchise
Experience The key to maintaining the success of Sandals Realty is in selecting the right people to join our team as franchise owners. A real estate broker with great people skills, sales and recruiting experience, as well as impeccable character and a sincere drive to succeed is considered an ideal candidate.-

Financing Options
 
Sandals Realty Franchise
NextHome Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Sandals Realty 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 The franchisee's full participation is essential to overall success. We strongly recommend supervision, full and exclusive time in daily office operations as this is considered vital in building the franchise.Number of Employees Required to Run: 1

Expansion Plans
 
Sandals Realty Franchise
NextHome Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Sandals Realty

Our concept was created with the specific intent to advance the business of real estate beyond outdated competitor models that were designed and implemented decades ago. Our system is a stroke of genius that offers the most modern concepts available to brokers and agents across the country, and an once-in-a-lifetime opportunity to break through obsolete ideas and practices, and embrace this new and exciting environment teeming with opportunities and synergies. Call us at 888-699-SAND (7263) or email [email protected]

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.