NextHome vs SimplySold Real Estate Franchise Comparison

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

Start-Up Costs and Fees

  NextHome SimplySold Real Estate
Investment 14750 - 213100 75300 - 187900
Franchise Fee
Royalty Fee $180-$190/mo. Varies
Advertising Fee $75-85/transaction
Year Founded 2014 2003
Year Franchised 2014 2006
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  NextHome SimplySold Real Estate
Experience

Financing Options

  NextHome SimplySold Real Estate
 
Franchise Fees Yes
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  NextHome SimplySold Real Estate
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

  NextHome SimplySold 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 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
NextHome
SimplySold Real Estate
Franchise Fee
NextHome
SimplySold Real Estate
Royalty Fee
NextHome $180-$190/mo.
SimplySold Real Estate Varies
Advertising Fee
NextHome $75-85/transaction
SimplySold Real Estate
Year Founded
NextHome 2014
SimplySold Real Estate 2003
Year Franchised
NextHome 2014
SimplySold Real Estate 2006
Term Of Agreement
NextHome
SimplySold Real Estate 5 years
Renewal Fee
NextHome
SimplySold Real Estate $5,000


Business Experience Requirements

Experience
NextHome
SimplySold Real Estate

Financing Options

 
Franchise Fees
NextHome
SimplySold Real Estate
Start-up Costs
NextHome
SimplySold Real Estate
Equipment
NextHome}
SimplySold Real Estate
Inventory
NextHome
SimplySold Real Estate
Receivables
NextHome
SimplySold Real Estate
Payroll
NextHome
SimplySold Real Estate

Training & Support

Training
NextHome Classroom Training: 28 hours
SimplySold Real Estate
Support
NextHome Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
SimplySold Real Estate
Marketing
NextHome Ad Templates National Media Social media SEO Website development Email marketing
SimplySold Real Estate
Operations
NextHome Number of Employees Required to Run: 1
SimplySold Real Estate

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
SimplySold Real Estate
Canada Expansion
NextHome
SimplySold Real Estate 0
International Expansion
NextHome
SimplySold Real Estate