Next Generation Realty vs LakePlace.com Realty Franchise Comparison

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

Start-Up Costs and Fees

 
Next Generation Realty Franchise
LakePlace.com Realty Franchise
Investment $30,000 - $397,800$16,000 - $114,900
Franchise Fee $19,900 - $267,700$10,000
Royalty Fee 4.5%10%
Advertising Fee 3%-
Year Founded 19942015
Year Franchised 19942015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Next Generation Realty Franchise
LakePlace.com Realty Franchise
Experience --

Financing Options

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

Training & Support

 
Next Generation Realty Franchise
LakePlace.com Realty Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Next Generation Realty Franchise
LakePlace.com Realty Franchise
US Expansion -Yes
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 LakePlace.com Realty

"LakePlacecom

LakePlace.com® real estate brokerage businesses are full-service real estate brokerages that specialize in brokering the purchase,rental and sale of lake or other water-related properties through the LakePlace.com® web site.

The total investment necessary to convert an existing real estate brokerage business to a LakePlace.com®Business is from $16,000 to $33,000.

The total investment necessary to begin operation of a new LakePlace.com® Business is from $50,800 to $114,500.