NextHome Franchise Review

Franchise Facts

With over forty years of franchising experience, NextHome has redesigned how a real estate franchise partners with its brokers. They focus on empowering every broker with streamlined, progressive products and world-class marketing. Run your office from an executive suite, or a large storefront location – it’s up to you.

How much does a NextHome franchise cost?

NextHome has a franchise fee of up to $7,250, with a total initial investment range of $13,500 to $211,600.

  • Initial Franchise Fee: $3,250 to $7,250
  • Total Investment: $13,500 to $211,600
  • Working Capital: $5,000 to $100,000
  • Royalty Fee: 6%

The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.

How much does a NextHome franchise make?

Franchise revenue and profits depend on a number of unique variables, including local demand for your product, labor costs, commercial lease rates and several other factors. We can help you figure out how much money you can make by reviewing your specific situation. Please unlock this franchise for more information.

How many franchise locations do they have?

As of the 2018 Franchise Disclosure Document, there are 301 franchised NextHome locations in the USA.

Are there any NextHome franchise opportunities near me?

Based on 2018 FDD data, NextHome has franchise locations in 42 states. The largest region is the South with 130 franchise locations.

AL
AR
AZ
CA
CO
CT
FL
GA
HI
IA
ID
IL
IN
KS
KY
LA
MA
MD
ME
MI
MN
MO
MS
MT
NC
ND
NE
NJ
NV
NY
OH
OK
OR
PA
RI
SC
TN
TX
UT
VA
WA
WI


This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand. Unlock to learn more and connect with our experts.

Last Reviewed: 2018

NextHome is a Franchise Grade Made The Grade™ franchise, which means it's ranked highly by our analysts!

NextHome Franchise Stats

Total Investment
$13,500 - $211,600
Franchise Fee
$3,250 - $7,250
Franchise Agreement
Initial Term
5 Years
Renewal Term
5 Years
Franchisee Outlet Growth
2012
0
2017
203
Ongoing Fees
Royalty
6.0%
Ad Fees
N/A
# of Franchised Outlets
203

Additional Questions

Do they provide any initial training and opening assistance?

Yes, they have an initial training program of 28 hours. This includes 28 hours of classroom training. In their FDD they outline who’s in charge of the training. Unlock to find out more.

Online 0
On-the-Job 0
Classroom 28
Total 28

Do they offer Territory Rights?

NextHome does NOT offer exclusive territories.

Do they have computer and technology support in place?

No. But in some instances, franchises may not need to offer support.

When did they begin franchising?

They began franchising in 2014. The average Brokerage franchise began franchising in 2005.

Do they offer financing support?

No, but you can click here to fill out our affordability calculator and understand your financing options.
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