Avalar Real Estate & Mortgage Network vs Next Generation Realty Franchise Comparison

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

Start-Up Costs and Fees

 
Avalar Real Estate & Mortgage Network Franchise
Next Generation Realty Franchise
Investment $31,000 - $315,500$30,000 - $397,800
Franchise Fee $4,400 - $12,500$19,900 - $267,700
Royalty Fee 5%4.5%
Advertising Fee -3%
Year Founded 19991994
Year Franchised 19991994
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements

 
Avalar Real Estate & Mortgage Network Franchise
Next Generation Realty Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Avalar Real Estate & Mortgage Network Franchise
    Next Generation Realty Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Avalar Real Estate & Mortgage Network Franchise
    Next Generation Realty Franchise
    Training --
    Support Newsletter, Meetings, Grand opening, Internet, Purchasing cooperatives-
    Marketing --
    Operations 10% of all franchisees own more than one unit

    100% of current franchisees are owner/operators

    -

    Expansion Plans

     
    Avalar Real Estate & Mortgage Network Franchise
    Next Generation Realty Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Avalar Real Estate & Mortgage Network

    See http://dev.thefranchisemall.com/admin/listings/stats.asp?ListingID=10894
     
    Avalar is specifically designed to benefit real estate and loan professionals through our trademarked Path to Success system. Avalar offers groundbreaking opportunities in office development through innovative recruiting and retention programs attracting top-producing agents wherever real estate is sold or mortgages are originated. Avalar’s primary focus is to create an agent-driven environment that empowers its workforce through independence and long-term financial stability.

    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!