Start-Up Costs and Fees |
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| NextHome | SellSmart Real Estate | |
| Investment | 14750 - 213100 | 23500 - 53600 |
| Franchise Fee | ||
| Royalty Fee | $180-$190/mo. | 6% |
| Advertising Fee | $75-85/transaction | |
| Year Founded | 2014 | 2001 |
| Year Franchised | 2014 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| NextHome | SellSmart Real Estate | |
| Experience | ||
Financing Options |
||
| NextHome | SellSmart Real Estate | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| NextHome | SellSmart Real Estate | |
| Training | Classroom Training: 28 hours | * Available at headquarters: 3 days * Regional seminars: 1-3 days |
| 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 | * 20% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 2 - 3 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| NextHome | SellSmart Real Estate | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| NextHome | |
| SellSmart Real Estate | |
| Franchise Fee | |
| NextHome | |
| SellSmart Real Estate | |
| Royalty Fee | |
| NextHome | $180-$190/mo. |
| SellSmart Real Estate | 6% |
| Advertising Fee | |
| NextHome | $75-85/transaction |
| SellSmart Real Estate | |
| Year Founded | |
| NextHome | 2014 |
| SellSmart Real Estate | 2001 |
| Year Franchised | |
| NextHome | 2014 |
| SellSmart Real Estate | 2004 |
| Term Of Agreement | |
| NextHome | |
| SellSmart Real Estate | 5 years |
| Renewal Fee | |
| NextHome | |
| SellSmart Real Estate | $500 |
Business Experience Requirements |
|
| Experience | |
| NextHome | |
| SellSmart Real Estate | |
Financing Options |
|
| Franchise Fees | |
| NextHome | |
| SellSmart Real Estate | |
| Start-up Costs | |
| NextHome | |
| SellSmart Real Estate | |
| Equipment | |
| NextHome} | |
| SellSmart Real Estate | |
| Inventory | |
| NextHome | |
| SellSmart Real Estate | |
| Receivables | |
| NextHome | |
| SellSmart Real Estate | |
| Payroll | |
| NextHome | |
| SellSmart Real Estate | |
Training & Support |
|
| Training | |
| NextHome | Classroom Training: 28 hours |
| SellSmart Real Estate | * Available at headquarters: 3 days * Regional seminars: 1-3 days |
| Support | |
| NextHome | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| SellSmart Real Estate | |
| Marketing | |
| NextHome | Ad Templates National Media Social media SEO Website development Email marketing |
| SellSmart Real Estate | |
| Operations | |
| NextHome | Number of Employees Required to Run: 1 |
| SellSmart Real Estate | * 20% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 2 - 3 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| NextHome | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| SellSmart Real Estate | |
| Canada Expansion | |
| NextHome | |
| SellSmart Real Estate | |
| International Expansion | |
| NextHome | |
| SellSmart Real Estate | |