Next Generation Realty vs Joe Homebuyer Franchise Comparison

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

Start-Up Costs and Fees

 
Next Generation Realty Franchise
Joe Homebuyer Franchise
Investment $30,000 - $397,800$51,000 - $372,000
Franchise Fee $19,900 - $267,700$30,000 - $90,000
Royalty Fee 4.5%-
Advertising Fee 3%-
Year Founded 19942019
Year Franchised 19942019
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Next Generation Realty Franchise
Joe Homebuyer Franchise
Experience --

Financing Options

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

Training & Support

 
Next Generation Realty Franchise
Joe Homebuyer Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Next Generation Realty Franchise
Joe Homebuyer 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 Joe Homebuyer

"Joe

Joe Homebuyer is a turnkey real estate acquisition franchise. Our franchisees operate their businesses to provide real estate solutions by buying, fixing, and wholesaling residential properties. With or without prior real estate experience, we will guide you through the entire process from marketing to close.
Joe Homebuyer provides win-win creative solutions for homeowners who would benefit from a quick, no hassle cash offer.
As a Joe Homebuyer franchisee you will oversee your business’s general operations including executing your marketing plan, approving budgets, meeting with sellers, determining the best exit strategy for each property and managing your business’s KPI’s.
A Joe Homebuyer franchise is a very low overhead and low employee-based business.