NextHome vs Howard Hanna Real Estate Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of NextHome vs Howard Hanna Real Estate including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$14,750 - $213,100 | $55,000 - $248,500 |
Franchise Fee |
$3,750 - $8,000 | $25,000 |
Royalty Fee |
$180-$190/mo. | - |
Advertising Fee |
$75-85/transaction | - |
Year Founded |
2014 | 2010 |
Year Franchised |
2014 | 2010 |
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 | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
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.
About Howard Hanna Real Estate
Howard Hanna Real Estate Services is the #1 family-owned and -operated independent broker in the U.S.A. The full-service real estate company has more than 300 real estate, mortgage, insurance, title and escrow service offices across 10 states, with more than 11,000 sales associates and staff, including many of the industry’s top-producing real estate agents.
Utilize Howard Hanna Real Estate Services' exclusive, trademarked real estate marketing tools to propel
your business to the next level. Our franchising partnership offers
ongoing management support, more leads, and the opportunity for you to
fully participate in all company programs and events. Since its
inception in 1997, Howard Hanna Real Estate Services has taken pride in truly being different
by design. We invite you to explore the Howard Hanna difference to
decide if it’s the right fit for you.