LampPost Realty vs NextHome Franchise Comparison

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

Start-Up Costs and Fees

 
LampPost Realty Franchise
NextHome Franchise
Investment $43,500 - $78,500$14,750 - $213,100
Franchise Fee $9,500 - $12,500$3,750 - $8,000
Royalty Fee 5%$180-$190/mo.
Advertising Fee 1%$75-85/transaction
Year Founded -2014
Year Franchised -2014
Term Of Agreement 10 years+10+10-
Term Of Agreement 10 years+10+10-
Renewal Fee --


Business Experience Requirements

 
LampPost Realty Franchise
NextHome Franchise
Experience --

Financing Options

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

Training & Support

 
LampPost Realty Franchise
NextHome Franchise
Training -Classroom Training: 28 hours
Support -Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing - Ad Templates National Media Social media SEO Website development Email marketing
Operations -Number of Employees Required to Run: 1

Expansion Plans

 
LampPost Realty Franchise
NextHome Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

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.

About NextHome

The real estate industry is shifting. Our current population of brokers and agents are becoming more seasoned, and many are looking for succession plan options.
In the last 15 years, the number of REALTORS® in their 40’s has dropped, and even fewer of the next generation are choosing to enter the industry. The consumer population is changing. Generations X and Y now make up the majority of all homebuyers and sellers. By 2020 Millennials will make up at least half of the American workforce, and more than 90% plan to buy homes. Yet the majority of brokerage brands and models have not changed in culture, technology, products, services and marketing to become more relevant to today’s consumer and agents.
"NextHome
Created on a foundation of over forty years of franchising experience, and a leadership team who knows every side of the business. NextHome redesigned how a real estate franchise partners with its brokers. NextHome focuses on empowering every broker with streamlined, progressive products and world-class marketing.
The consumer is our focal point for evaluating and implementing new ideas, allowing you to remain relevant and capitalize on smart strategic growth.
NextHome strives to help you achieve agent productivity, increased profitability and systems for long-term success.

"Entrepreneur

#95 in Franchise 500 for 2020.
#79 in Franchise 500 for 2021.