Start-Up Costs and Fees |
||
| Advance Realty | NextHome | |
| Investment | 55600 - 129000 | 14750 - 213100 |
| Franchise Fee | ||
| Royalty Fee | 1.75% | $180-$190/mo. |
| Advertising Fee | $75-85/transaction | |
| Year Founded | 2001 | 2014 |
| Year Franchised | 2005 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Advance Realty | NextHome | |
| Experience | ||
Financing Options |
||
| Advance Realty | NextHome | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Advance Realty | NextHome | |
| 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 |
||
| Advance Realty | NextHome | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Advance Realty | |
| NextHome | |
| Franchise Fee | |
| Advance Realty | |
| NextHome | |
| Royalty Fee | |
| Advance Realty | 1.75% |
| NextHome | $180-$190/mo. |
| Advertising Fee | |
| Advance Realty | |
| NextHome | $75-85/transaction |
| Year Founded | |
| Advance Realty | 2001 |
| NextHome | 2014 |
| Year Franchised | |
| Advance Realty | 2005 |
| NextHome | 2014 |
| Term Of Agreement | |
| Advance Realty | 5 years |
| NextHome | |
| Renewal Fee | |
| Advance Realty | $1,750 |
| NextHome | |
Business Experience Requirements |
|
| Experience | |
| Advance Realty | |
| NextHome | |
Financing Options |
|
| Franchise Fees | |
| Advance Realty | No |
| NextHome | No |
| Start-up Costs | |
| Advance Realty | |
| NextHome | |
| Equipment | |
| Advance Realty} | |
| NextHome | |
| Inventory | |
| Advance Realty | |
| NextHome | |
| Receivables | |
| Advance Realty | |
| NextHome | |
| Payroll | |
| Advance Realty | |
| NextHome | |
Training & Support |
|
| Training | |
| Advance Realty | |
| NextHome | Classroom Training: 28 hours |
| Support | |
| Advance Realty | |
| NextHome | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Advance Realty | |
| NextHome | Ad Templates National Media Social media SEO Website development Email marketing |
| Operations | |
| Advance Realty | |
| NextHome | Number of Employees Required to Run: 1 |
Expansion Plans |
|
| US Expansion | |
| Advance Realty | |
| 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 |
| Canada Expansion | |
| Advance Realty | 0 |
| NextHome | |
| International Expansion | |
| Advance Realty | |
| NextHome | |