Franchise Realty vs NextHome Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Franchise Realty vs NextHome including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
N/A | $14,750 - $213,100 |
Franchise Fee |
N/A | $3,750 - $8,000 |
Royalty Fee |
- | $180-$190/mo. |
Advertising Fee |
- | $75-85/transaction |
Year Founded |
1988 | 2014 |
Year Franchised |
1988 | 2014 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
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 |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
About Franchise Realty
Franchise Realty, Inc. has been a leading expert in successfully matching available commercial real estate sites with clients seeking locations that serve to enhance and promote their businesses. Whether it be on a corporate level, or for an individual venture, Franchise Realty has always prided itself on providing unsurpassed individualized attention that inevitably promotes effective, satisfactory solutions for all parties involved. Our extensive market knowledge, our proprietary databases, our industry alliances, and our insight and intelligence, all serve to foster effective solutions for those engaging our services.
Our expertise and vast experience in the franchise industry has contributed to making us the leading specialist in real estate site selection for franchisees. Our experience ranges from working with individual franchisees to working with franchises on a corporate level. We are aware of not only the specific requirements of each franchise, but are experts in guiding our clients to the most profitable locations available. We have successfully acted in the role of not only real estate brokers but have also played the role of area developers for several national franchises. Our additional experience as business brokers procuring sales of pre-existing franchise operations has enabled us to have insight into all the intricacies involved in the franchise industry.
Franchise Realty is a one-of-a-kind
commercial real estate broker with a special focus on serving franchised
businesses. With decades of industry experience in the franchise
sector, we handle every aspect of site selection and lease negotiation
in an effort to ensure the success of your business.
When you work with us, you have the
confidence of knowing that your company's best interests are our top
priority. Working with brokers and landlords throughout the nation, we
have the contacts, experience and resources necessary to assist you in
selecting the perfect location for your business. Our years of
experience has enabled us to cultivate relationships with most of the
landlords and to become aware of sites before the general market adding
to our extensive propriety database of locations.
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.
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.
#95 in Franchise 500 for 2020.
#79 in Franchise 500 for 2021.