Advance Realty vs Next Generation Realty Franchise Comparison

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

Start-Up Costs and Fees
 
Advance Realty Franchise
Next Generation Realty Franchise
Investment $55,600 - $129,000$30,000 - $397,800
Franchise Fee $17,500$19,900 - $267,700
Royalty Fee 1.75%4.5%
Advertising Fee -3%
Year Founded 20011994
Year Franchised 20051994
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $1,750-


Business Experience Requirements
 
Advance Realty Franchise
Next Generation Realty Franchise
Experience --

Financing Options
 
Advance Realty Franchise
Next Generation Realty Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Advance Realty Franchise
Next Generation Realty Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Advance Realty Franchise
Next Generation Realty Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

About Advance Realty

The Advance Realty system was designed from the beginning to be the most technologically advanced, efficient, cost effective, flexible, scalable and successful real estate model in the industry. The concept is easy to understand and the value is immediately recognizable. Give your top agents the commissions they want and still maintain profitability. Entrepreneur Magazine's 100 Fastest Growing Franchises, Entrepreneur Magazine's 'Franchise 500', Real Trends 'Top 500 Largest Brokers in US', Franchise Times 'The Next 100 Top Franchises', Smart CEO 'Fastest Growing Company', RisMedia 'Top 500 Power Brokers', Realtor Magazine 'Emerging Player', Smart CEO 'Top Technology Company' Our steady growth in the best and worst of markets proves that no other brand can duplicate the success of Advance Realty USA.
Advance Realty, known for its low 1.75% fee and consumer-driven programs, was established in 2001 in Baltimore Maryland.

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!