Avalar Real Estate & Mortgage Network vs NextHome Franchise Comparison

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

Start-Up Costs and Fees

  Avalar Real Estate & Mortgage Network NextHome
Investment 31000 - 315500 14750 - 213100
Franchise Fee 0
Royalty Fee 5% $180-$190/mo.
Advertising Fee $75-85/transaction
Year Founded 1999 2014
Year Franchised 1999 2014
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Avalar Real Estate & Mortgage Network NextHome
Experience Industry experience General business experience Marketing skills

Financing Options

  Avalar Real Estate & Mortgage Network NextHome
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Avalar Real Estate & Mortgage Network NextHome
Training Classroom Training: 28 hours
Support Newsletter, Meetings, Grand opening, Internet, Purchasing cooperatives 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 10% of all franchisees own more than one unit 100% of current franchisees are owner/operators Number of Employees Required to Run: 1

Expansion Plans

  Avalar Real Estate & Mortgage Network 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
International Expansion

Start-Up Costs and Fees Mobile

Investment
Avalar Real Estate & Mortgage Network
NextHome
Franchise Fee
Avalar Real Estate & Mortgage Network
NextHome
Royalty Fee
Avalar Real Estate & Mortgage Network 5%
NextHome $180-$190/mo.
Advertising Fee
Avalar Real Estate & Mortgage Network
NextHome $75-85/transaction
Year Founded
Avalar Real Estate & Mortgage Network 1999
NextHome 2014
Year Franchised
Avalar Real Estate & Mortgage Network 1999
NextHome 2014
Term Of Agreement
Avalar Real Estate & Mortgage Network 5 years
NextHome
Renewal Fee
Avalar Real Estate & Mortgage Network
NextHome


Business Experience Requirements

Experience
Avalar Real Estate & Mortgage Network Industry experience General business experience Marketing skills
NextHome

Financing Options

 
Franchise Fees
Avalar Real Estate & Mortgage Network No
NextHome No
Start-up Costs
Avalar Real Estate & Mortgage Network
NextHome
Equipment
Avalar Real Estate & Mortgage Network}
NextHome
Inventory
Avalar Real Estate & Mortgage Network
NextHome
Receivables
Avalar Real Estate & Mortgage Network
NextHome
Payroll
Avalar Real Estate & Mortgage Network
NextHome

Training & Support

Training
Avalar Real Estate & Mortgage Network
NextHome Classroom Training: 28 hours
Support
Avalar Real Estate & Mortgage Network Newsletter, Meetings, Grand opening, Internet, Purchasing cooperatives
NextHome Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing
Avalar Real Estate & Mortgage Network
NextHome Ad Templates National Media Social media SEO Website development Email marketing
Operations
Avalar Real Estate & Mortgage Network 10% of all franchisees own more than one unit 100% of current franchisees are owner/operators
NextHome Number of Employees Required to Run: 1

Expansion Plans

US Expansion
Avalar Real Estate & Mortgage Network
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
Avalar Real Estate & Mortgage Network
NextHome
International Expansion
Avalar Real Estate & Mortgage Network
NextHome