Next Generation Realty vs SVN Franchise Comparison

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

Start-Up Costs and Fees
 
Next Generation Realty Franchise
SVN Franchise
Investment $30,000 - $397,800$23,160 - $121,350
Franchise Fee $19,900 - $267,700$22,500 - $27,500
Royalty Fee 4.5%5%
Advertising Fee 3%-
Year Founded 19942001
Year Franchised 19942002
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


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

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

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

Expansion Plans
 
Next Generation Realty Franchise
SVN Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

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 SVN

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SVN International Corp. (SVNIC), a full-service commercial real estate franchisor of the SVN® brand, is comprised of over 1,600 commercial real estate Advisors and staff, in more offices in the United States than any other commercial real estate firm and continues to expand across the globe. Geographical coverage and amplified outreach to traditional, cross-market and emerging buyers and tenants is the only way to achieve maximum value for our clients. This is why we proactively promote properties and share fees with the entire industry. This is our unique Shared Value Network® and just one of the many ways that SVN Advisors create amazing value with our clients, colleagues and communities. In the crowded commercial real estate field,
SVN Advisors stand apart. The SVN Difference directly relates to SVN's Core Covenants which emphasize accountability, transparency, fairness and collaboration. Through specialty Product Councils and other international programs, SVN Advisors can tap into national expertise in areas such as sales, leasing, tenant representation, corporate real estate, asset management, property management accelerated marketing, asset recovery and auction services. As the SVN Advisor base expands, SVNIC continues to invest in an innovative infrastructure that provides access to market information, client management and marketing tools and systems through a revolutionary cloud-based enterprise system.


The total investment necessary to begin operation of a new SVN Franchised Business is between $25,160 and $121,350. This amount includes an Initial Franchise Fee of $22,500 for the Team Program or $27,500 for the Established Program that must be paid to the Franchisor or its affiliates.
The total investment necessary to begin operation of a conversion SVN Franchised Business is between $23,160 and $84,150. This includes an Initial Franchise Fee that must be paid to SVNIC of $22,500 for the Team Program or $27,500 for the Established Program that must be paid to the Franchisor or its affiliates.
A conversion SVN Franchised Business is an existing commercial real estate services business that converts to an SVN Franchise and operates under the Marks and System established by SVNIC.