Avalar Real Estate & Mortgage Network vs NextHome Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Avalar Real Estate & Mortgage Network vs NextHome 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
NextHome Franchise
Investment $31,000 - $315,500$14,750 - $213,100
Franchise Fee $4,400 - $12,500$3,750 - $8,000
Royalty Fee 5%$180-$190/mo.
Advertising Fee -$75-85/transaction
Year Founded 19992014
Year Franchised 19992014
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements

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

    Financing Options

     
    Avalar Real Estate & Mortgage Network Franchise
    NextHome 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
    NextHome Franchise
    Training -Classroom Training: 28 hours
    Support Newsletter, Meetings, Grand opening, Internet, Purchasing cooperativesNewsletter 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 10% of all franchisees own more than one unit

    100% of current franchisees are owner/operators

    Number of Employees Required to Run: 1

    Expansion Plans

     
    Avalar Real Estate & Mortgage Network Franchise
    NextHome Franchise
    US Expansion -Yes
    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 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.