SimplySold Real Estate vs NextHome Franchise Comparison

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

Start-Up Costs and Fees

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


Business Experience Requirements

  SimplySold Real Estate NextHome
Experience

Financing Options

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

Training & Support

  SimplySold Real Estate 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

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


Business Experience Requirements

Experience
SimplySold Real Estate
NextHome

Financing Options

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

Training & Support

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

Expansion Plans

US Expansion
SimplySold Real Estate
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
SimplySold Real Estate 0
NextHome
International Expansion
SimplySold Real Estate
NextHome