Nextage Metropolitan Realty

About Nextage Metropolitan Realty
Nextage's unique operating system enables franchisees to effectively deal with the three major challenges facing broker/owners today; 1) recruiting good, quality agents, 2) developing the knowledge and expertise of those agents, and 3) keeping those agents from going elsewhere. Recruiting Becomes a Team Sport: There is a limit to what can be accomplished by any one person. At some point, everyone "hits the wall" and just can't do any more by themselves. The key to continued growth, then, is to multiply ones efforts in other words, to recruit more agents who collectively generate more production. Although recruiting should be the top priority for every broker/owner, it's often one of the last activities on which they actually focus. Good recruiting intentions often give way to the demands of running the business and dealing with the many crises that arise. And typically, the Broker/Owner is the ONLY one actively seeking new agents to join the company. So if the Broker/Owner doesn't do the recruiting it doesn't get done, and the company doesn't grow. A big load would be lifted from the broker if the agents assisted in the recruiting process. But, agents typically have no incentive to help recruit other agents. Plus, they usually look at those agents as additional competition - cutting the pie into smaller pieces, so to speak. Business Model: The Nextage business model not only provides agents with a direct incentive to recruit other agents, it creates a team atmosphere that actually reduces the competitive forces within the company. When there is a mutually beneficial objective, everyone works together to achieve that objective. Growth is realized and everyone benefits accordingly. Agents willingly recruit other agents because they now have the opportunity to build their own business, not just their brokers' business. The result is that the franchisee is able to grow his/her business without having to do it all by themselves. Agent Retention: Retaining agents is every bit as important as recruiting them. Unfortunately, in today's competitive environment brokers often feel that in order to keep good agents they have to "give away the store." That obviously creates a "Catch 22" situation they can't afford to keep them and they can't afford to lose them. The Nextage compensation plan allows agents to generate income beyond what they personally produce. As a result, an agent's commission split is not the overriding factor in determining a company with which to affiliate. This unique feature allows a Nextage franchisee to compete for agents without giving away the store. Another innovative aspect of the Nextage system is that agents who relocate to other parts of the country can still generate income for the franchisee or agent who initially recruited them. Imagine earning income on an agent who is no longer attached directly to your office. There are many more examples of just how evolutionary the Nextage business model is and how it helps solve many of the challenges facing broker/owners today. Nextage truly is the "next age" for the real estate industry.

Real Estate Opportunities

Below is a quick comparison of Nextage Metropolitan Realty against other Full Service Restaurant franchises and business opportunities. For an in depth comparison of Nextage Metropolitan Realty with another opportunity including start-up costs and fees, business experience requirements, training & support and financing options click on the name of the company to view the detailed comparison.
Franchise
Franchise Fee
Royalty
Advertising Fee
Development Costs
35000 - 35000
95350 - 295000
45000 - 45000
6%
58849 - 90600
5000 - 25000
14420 - 209475
17500 - 17500
1.75%
55600 - 129000
39500 - 39500
7%
1%
66950 - 98900
21000 - 21000
33000 - 45000
14500 - 14500
5%
1%
24025 - 45500
4400 - 12500
5%
31000 - 315500
6500 - 6500
$195/transaction
11800 - 11800
0 - 35000
5%
1%
32420 - 455000
25000 - 25000
61500 - 153500
25000 - 25000
6%
38000 - 63000
0
39533 - 78217
12500 - 12500
$200 per transaction side.
$500 monthly Brand Fee
20000 - 90000
12500 - 25000
6%
2%
24700 - 451350
15000 - 60000
Varies
112800 - 301500
35000 - 10000
6%
0.5%-1%
52850 - 520500
7500 - 15000
24350 - 105700
150000 - 150000
200000 - 400000
13500 - 25000
6%
59100 - 160300
6000 - 6000
$500/mo.
6000 - 6000
900 - 9900
8-18%
3700 - 18900
25000 - 25000
6%
1.50%
176000 - 320500
0
66000 - 217000
25000 - 25000
$295/mo.
61000 - 210000
10000 - 10000
$500
42500 - 125000
25000 - 25000
163404 - 349694
10000 - 11000
$500
$50
15000 - 15000
14500 - 14500
Flat fee of $795 per month
39900 - 188000
9800 - 9800
4%
0
17750 - 17750
6%
29650 - 67650
0
3500 - 10000
4000 - 4000
16000 - 20000
27000 - 27000
10.50%
45500 - 114000
20000 - 20000
varies
varies
65500 - 205000
12500 - 12500
5000 - 50000
25000 - 25000
55000 - 248500
40000 - 40000
236000 - 308000
30000 - 90000
51000 - 372000
5000 - 36947
32100 - 336995
100000 - 100000
119500 - 156450
10000 - 10000
10%
16000 - 114900
9500 - 12500
5%
1%
43500 - 78500
0
500 - 999999
0
250000 - 550000
30000 - 30000
Varies
100000 - 200000
35000 - 35000
6%
2%
39450 - 105700
19900 - 267700
4.50%
3%
30000 - 397800
3750 - 8000
$180-$190/mo.
$75-85/transaction
14750 - 213100
1995 - 1995
0%
$275 per month
2500 - 5000
4000 - 135000
4000 - 322001
0
6%
0.75%
25000 - 25000
15000 - 25000
1.50%
50000 - 90000
30000 - 40000
40000 - 40000
15000 - 15000
50000 - 999999
0
90000 - 150000
17500 - 37500
varies
varies
42000 - 284000
13000 - 18000
20000 - 80000
2500 - 80000
5%
3000 - 80000
19900 - 19900
2.50%
24710 - 40220
19900 - 19900
6%
0.25%
39600 - 67700
1000 - 50000
Varies
Varies
23500 - 171000
25000 - 25000
2%
44250 - 222500
0
44700 - 197000
9500 - 9500
5%
0.50%
36000 - 36000
10000 - 10000
20000 - 100000
7500 - 7500
50-200/month
7500 - 7500
1000 - 10000
4.50%
14819 - 50405
0
100000 - 100000
30000 - 30000
7%
92650 - 183450
29000 - 29000
5%
1%
36386 - 102300
14950 - 14950
6%
23500 - 53600
49900 - 49900
10%
2%
85650 - 164500
12500 - 25000
Varies
75300 - 187900
0
100000 - 999999
25000 - 25000
40650 - 472800
2500 - 5000
12300 - 176500
0
1000 - 1000
SVN
22500 - 27500
5%
23160 - 121350
14900 - 14900
5%
1%
25000 - 50000
11800 - 11800
25000 - 35000
0
6%
125000 - 250000
10395 - 28110
6% - 12%
10935 - 50440
35000 - 35000
Varies
54500 - 285500
17500 - 17500
54270 - 138784
40000 - 40000
95650 - 498750
25000 - 25000
6%
2%
62500 - 324700
0
Varies
17000 - 103400
25000 - 25000
6%
70000 - 270500
599 - 50000
$130/month
19000 - 65900