Start-Up Costs and Fees |
||
| Only Way Realty | NextHome | |
| Investment | 2500 - 5000 | 14750 - 213100 |
| Franchise Fee | ||
| Royalty Fee | 0% | $180-$190/mo. |
| Advertising Fee | $275 per month | $75-85/transaction |
| Year Founded | 2008 | 2014 |
| Year Franchised | 2012 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Only Way Realty | NextHome | |
| Experience | Industry experience Brokers license | |
Financing Options |
||
| Only Way Realty | NextHome | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Only Way Realty | NextHome | |
| Training | Classroom Training: 28 hours | |
| Support | Newsletter, Agent Support Staff, Bookkeeper, Marketing for individual offices provided by Corporate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Direct mail pieces, social media, internet marketing, email marketing | Ad Templates National Media Social media SEO Website development Email marketing |
| Operations | Number of Employees Required to Run: 1 | |
Expansion Plans |
||
| Only Way 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Only Way Realty | |
| NextHome | |
| Franchise Fee | |
| Only Way Realty | |
| NextHome | |
| Royalty Fee | |
| Only Way Realty | 0% |
| NextHome | $180-$190/mo. |
| Advertising Fee | |
| Only Way Realty | $275 per month |
| NextHome | $75-85/transaction |
| Year Founded | |
| Only Way Realty | 2008 |
| NextHome | 2014 |
| Year Franchised | |
| Only Way Realty | 2012 |
| NextHome | 2014 |
| Term Of Agreement | |
| Only Way Realty | not specified |
| NextHome | |
| Renewal Fee | |
| Only Way Realty | |
| NextHome | |
Business Experience Requirements |
|
| Experience | |
| Only Way Realty | Industry experience Brokers license |
| NextHome | |
Financing Options |
|
| Franchise Fees | |
| Only Way Realty | No |
| NextHome | No |
| Start-up Costs | |
| Only Way Realty | |
| NextHome | |
| Equipment | |
| Only Way Realty} | |
| NextHome | |
| Inventory | |
| Only Way Realty | |
| NextHome | |
| Receivables | |
| Only Way Realty | |
| NextHome | |
| Payroll | |
| Only Way Realty | |
| NextHome | |
Training & Support |
|
| Training | |
| Only Way Realty | |
| NextHome | Classroom Training: 28 hours |
| Support | |
| Only Way Realty | Newsletter, Agent Support Staff, Bookkeeper, Marketing for individual offices provided by Corporate |
| NextHome | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Only Way Realty | Direct mail pieces, social media, internet marketing, email marketing |
| NextHome | Ad Templates National Media Social media SEO Website development Email marketing |
| Operations | |
| Only Way Realty | |
| NextHome | Number of Employees Required to Run: 1 |
Expansion Plans |
|
| US Expansion | |
| Only Way 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 | |
| Only Way Realty | |
| NextHome | |
| International Expansion | |
| Only Way Realty | |
| NextHome | |