Realty ONE Group vs NextHome Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Realty ONE Group vs NextHome including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$44,250 - $222,500 | $14,750 - $213,100 |
Franchise Fee |
$25,000 | $3,750 - $8,000 |
Royalty Fee |
2% | $180-$190/mo. |
Advertising Fee |
- | $75-85/transaction |
Year Founded |
2005 | 2014 |
Year Franchised |
2012 | 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 |
On-The-Job Training 144 hours
Classroom Training 28 hours
Additional Training Affiliate coaching program, ongoing regional and virtual workshops
| Classroom Training: 28 hours
|
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
| 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
|
Ad Templates
National Media
Social media
SEO
Website development
Email marketing |
Operations |
Number of Employees Required to Run: 3 | Number of Employees Required to Run: 1 |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
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.
#92 in Franchise 500 for 2020.
#40 in Franchise 500 for 2021.
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.