Next Generation Realty vs LampPost Realty Franchise Comparison

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

Start-Up Costs and Fees

 
Next Generation Realty Franchise
LampPost Realty Franchise
Investment $30,000 - $397,800$43,500 - $78,500
Franchise Fee $19,900 - $267,700$9,500 - $12,500
Royalty Fee 4.5%5%
Advertising Fee 3%1%
Year Founded 1994-
Year Franchised 1994-
Term Of Agreement -10 years+10+10
Term Of Agreement -10 years+10+10
Renewal Fee --


Business Experience Requirements

 
Next Generation Realty Franchise
LampPost Realty Franchise
Experience --

Financing Options

 
Next Generation Realty Franchise
LampPost Realty Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Next Generation Realty Franchise
LampPost Realty Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Next Generation Realty Franchise
LampPost Realty Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

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!

About LampPost Realty

THIS IS NOT A FRANCHISE OPPORTUNITY. THIS IS A BUSINESS OPPORTUNITY THAT HIRES AGENTS

Our slogan, Buyers Win! Sellers Win! Agents Win!® is the foundation of LampPost Realty®'s business model. We believe in a win/win business philosophy for all parties involved in a real estate transaction and we strive to provide our clients and agents with exceptional service and value in all aspects of our business.

Buyers Win!

As your Buyer's Agent, LampPost Realty can make the process of house hunting much easier and more efficient than if you did it all yourself. We guide you to local neighborhoods, help you determine your budget and prioritize a list of essential features that you need in your next home. We'll save you valuable time by finding the properties that best suit your requirements and will show you only the most promising ones.

Agents Win!

LampPost Realty® agents receive a significant number of leads and receive excellent commission splits. We hire only the best people, expect a lot from you and do our best to provide you with the tools you need to be successful. We’re currently looking for experienced agents in our Wilmington, NC office who thrive in a dynamic environment, driven to provide unparalleled customer service and comfortable with the use of technology. If this describes you, contact us for a confidential interview.

For agents with other firms in the Wilmington NC area, our co-brokering commission splits offer you market driven compensation. LampPost Realty want to do business with you and hope you’ll take the time to find out more about us, who we are and how we operate. We are a firm of high integrity and professional ethics. Your dealings with us will consistently reflect this commitment.

For agents (must be brokers) outside of the Wilmington, NC area, opportunities exist to own and operate your own LampPost Realty® office pursuant to a license agreement with LampPost Realty Corporation.