Franchise Realty vs NextHome Franchise Comparison

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

Start-Up Costs and Fees

 
Franchise Realty Franchise
NextHome Franchise
Investment N/A$14,750 - $213,100
Franchise Fee N/A$3,750 - $8,000
Royalty Fee -$180-$190/mo.
Advertising Fee -$75-85/transaction
Year Founded 19882014
Year Franchised 19882014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Franchise Realty Franchise
NextHome Franchise
Experience --

Financing Options

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

Training & Support

 
Franchise 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

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

Company Overviews

About Franchise Realty

 Franchise Realty, Inc. has been a leading expert in successfully matching available commercial real estate sites with clients seeking locations that serve to enhance and promote their businesses. Whether it be on a corporate level, or for an individual venture, Franchise Realty has always prided itself on providing unsurpassed individualized attention that inevitably promotes effective, satisfactory solutions for all parties involved. Our extensive market knowledge, our proprietary databases, our industry alliances, and our insight and intelligence, all serve to foster effective solutions for those engaging our services. Our expertise and vast experience in the franchise industry has contributed to making us the leading specialist in real estate site selection for franchisees. Our experience ranges from working with individual franchisees to working with franchises on a corporate level. We are aware of not only the specific requirements of each franchise, but are experts in guiding our clients to the most profitable locations available. We have successfully acted in the role of not only real estate brokers but have also played the role of area developers for several national franchises. Our additional experience as business brokers procuring sales of pre-existing franchise operations has enabled us to have insight into all the intricacies involved in the franchise industry.

Franchise Realty is a one-of-a-kind commercial real estate broker with a special focus on serving franchised businesses. With decades of industry experience in the franchise sector, we handle every aspect of site selection and lease negotiation in an effort to ensure the success of your business.

When you work with us, you have the confidence of knowing that your company's best interests are our top priority. Working with brokers and landlords throughout the nation, we have the contacts, experience and resources necessary to assist you in selecting the perfect location for your business. Our years of experience has enabled us to cultivate relationships with most of the landlords and to become aware of sites before the general market adding to our extensive propriety database of locations.

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.