NextHome

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Business Services
Broker/Realtor

NextHome

Business Services
Broker/Realtor

NextHome Franchise FDD, Costs & Fees (2025)

NextHome is a real estate franchise known for its modern branding and innovative marketing strategies, providing agents with cutting-edge technology and support to enhance their businesses and serve their clients effectively.

Established in 2014, NextHome is a contemporary real estate franchise with its main office located in Pleasanton, California. That same year, the company launched its franchising operations, built around a philosophy that puts people at the center of the business.

NextHome focuses on residential real estate and offers its members a comprehensive suite of tools, including technology platforms, marketing resources, and professional training. This integrated model empowers agents to form meaningful client connections and streamline the transaction process.

To elevate its brand image, NextHome collaborated with renowned design firm Pentagram to create a clean and modern visual identity. This standout branding resonates strongly with homebuyers, sellers, and real estate professionals.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee $5,000 for a 1-year agreement or $10,000 for a 5-year agreement
Office Lease Usually between $1.50 and $2.00 per square foot per month
Construction, remodeling and leasehold improvements $0 to $50,000
Equipment, computers, decor, furniture, fixtures, decorations, etc. $500 to $25,000
Office supplies, brochures, stationery, etc. $500 to $4,000
Signs $1,000 to $4,000
Security deposits, utility deposits, business licenses and other prepaid expenses $500 to $3,500
Insurance $1,500 to $10,000
Dues, licenses and permits $1,000 to $4,095
Other pre-opening expenditures $1,000 to $5,000
Additional funds required before opening and during the initial 3 to 6 months of your business operation $5,000 to $100,000
Total Investment $16,750 to $221,595
Type of Expenditure Amount
Initial Franchise Fee $5,000 for a 1-year agreement or $10,000 for a 5-year agreement
Office Lease Usually between $1.50 and $2.00 per square foot per month
Construction, remodeling and leasehold improvements $0 to $50,000
Equipment, computers, decor, furniture, fixtures, decorations, etc. $500 to $25,000
Office supplies, brochures, stationery, etc. $500 to $4,000
Signs $1,000 to $4,000
Security deposits, utility deposits, business licenses and other prepaid expenses $500 to $3,500
Insurance $1,500 to $10,000
Dues, licenses and permits $1,000 to $4,095
Other pre-opening expenditures $1,000 to $5,000
Additional funds required before opening and during the initial 3 to 6 months of your business operation $5,000 to $100,000
Total Investment $16,750 to $221,595

Franchise Disclosure Document

KEY FRANCHISE STATS

All you need to know about this franchise

Started franchising
2014
Franchisees

?

608
+
5%
5%
Franchise fee

?

$5,000
Investment

?

$17,000 - $222,000
Revenue (AUV)

?

Undisclosed
Upgrade

$0

+
n.a.
n.a.
Operating Profit

?

Upgrade

n.a.

Home based

?

Yes
Upgrade
Yes
Passive investment

?

No
Upgrade
No
FDD
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Competitors

Below are some of

NextHome

key competitors in the

Broker/Realtor

sector.

Franchise
Franchisees
Initial fee
Total investment
Revenue
Upgrade
Gross Profit
Upgrade
EBITDA
Upgrade

608

New
+
5%
5%

$5,000

$17,000

$222,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

190

New
+
8%
8%

$35,000

$177,000

$424,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

106

New
+
361%
361%

$100,000

$122,000

$297,000

n.a.

$253,000

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

123

New
+
34%
34%

$57,000

$57,000

$113,000

n.a.

$204,000

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

0

New
+
n.a.
n.a.

$49,500

$78,000

$156,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

6

New
+
-14%
-14%

$10,000

$51,000

$115,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

380

New
+
27%
27%

$19,000 - $25,000

$47,000

$228,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

42

New
+
282%
282%

$47,500

$120,000

$856,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

766

New
+
-4%
-4%

$35,000

$182,000

$336,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

444

New
+
-6%
-6%

$25,000

$82,000

$447,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

46

New
+
64%
64%

$49,900

$66,000

$108,000

n.a.

$263,000

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

287

New
+
8%
8%

$30,000

$48,000

$401,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

1309

New
+
-6%
-6%

$25,000

$114,000

$515,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

297

New
+
-9%
-9%

$25,000

$77,000

$360,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

5

New
+
-29%
-29%

$15,000

$23,000

$106,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

1734

New
+
-7%
-7%

$25,000

$116,000

$466,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

124

New
+
-11%
-11%

$44,900

$69,000

$80,000

n.a.

$181,000

$xxx,xxx

75.9%

xx%

n.a.

n.a.

xx%

n.a.

5

New
+
n.a.
n.a.

$49,900

$59,000

$229,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

103

New
+
81%
81%

$25,000

$31,000

$159,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

447

New
+
15%
15%

$59,900

$92,000

$234,000

n.a.

$226,000

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

63

New
+
13%
13%

$45,000

$72,000

$170,000

n.a.

$271,000

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

38

New
+
-3%
-3%

$35,000

$64,000

$443,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

8

New
+
14%
14%

$35,000

$61,000

$162,000

n.a.

$92,000

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

178

New
+
13%
13%

$20,000

$66,000

$205,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

4

New
+
n.a.
n.a.

$20,000

$22,000

$81,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

6

New
+
n.a.
n.a.

$59,500

$114,000

$185,000

n.a.

$1,707,000

$xxx,xxx

72.2%

xx%

n.a.

n.a.

xx%

n.a.

36

New
+
177%
177%

$14,000 - $112,000

$23,000

$1,287,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

5

New
+
n.a.
n.a.

$100,000

$177,000

$298,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

37

New
+
147%
147%

$42,500

$92,000

$186,000

n.a.

$1,447,000

$xxx,xxx

13.0%

xx%

n.a.

n.a.

xx%

n.a.

368

New
+
-7%
-7%

$25,000

$82,000

$450,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

83

New
+
-15%
-15%

$15,000

$20,000

$72,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

54

New
+
42%
42%

$45,000

$112,000

$229,000

n.a.

$402,000

$xxx,xxx

n.a.

xx%

n.a.

17.1%

xx%

n.a.

54

New
+
-5%
-5%

$10,000

$15,000

$182,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

30

New
+
400%
400%

$15,000

$23,000

$59,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

47

New
+
-8%
-8%

$40,000

$236,000

$308,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

136

New
+
-1%
-1%

$30,000

$34,000

$129,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

63

New
+
66%
66%

$50,000

$131,000

$444,000

n.a.

$322,000

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

86

New
+
562%
562%

$49,500

$59,000

$258,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

109

New
+
43%
43%

$25,000

$138,000

$545,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

73

New
+
0%
0%

$35,000

$145,000

$386,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

402

New
+
7%
7%

$64,900

$77,000

$154,000

n.a.

$156,000

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

62

New
+
138%
138%

$49,000

$68,000

$170,000

n.a.

$220,000

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

1082

New
+
-6%
-6%

$85,000

$109,000

$461,000

n.a.

$343,000

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

148

New
+
-21%
-21%

$18,000

$60,000

$195,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

46

New
+
28%
28%

$6,250 - $27,500

$18,000

$235,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

10

New
+
0%
0%

$25,000

$49,000

$201,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

89

New
+
7%
7%

$7,500 - $25,000

$63,000

$212,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

14

New
+
-13%
-13%

$15,000

$25,000

$43,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

256

New
+
1%
1%

$25,000

$45,000

$90,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

12

New
+
9%
9%

$125,000

$1,040,000

$1,968,000

n.a.

$11,520,000

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

40

New
+
-41%
-41%

$17,750

$30,000

$68,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

45

New
+
-6%
-6%

$25,000

$45,000

$259,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

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Training

NextHome provides several types of training programs to its franchisees:

  1. Orientation Program
    Franchisees are required to attend a 4-day orientation program within 30 days of their franchise start date. This training is designed to familiarize Principal Brokers and Sales Managers with NextHome’s systems, marketing, services, and technology. Topics include company history, strategy, marketing materials, support systems, and training/coaching programs. Attendance is mandatory, and if a new hire replaces someone who attended, they must also complete the orientation within 60 days of employment.
  2. Additional Training Programs
    NextHome may provide further training during the term of the franchise. These may be required to remedy a default in the agreement or requested voluntarily by the franchisee. Such sessions may be conducted online or in group settings and may incur a Consulting Fee and related out-of-pocket expenses such as travel and lodging.
  3. Optional Ongoing Training
    To help maintain and enhance operations, optional ongoing training may be offered. While typically free, NextHome reserves the right to charge a fee to offset training costs. Franchisees must cover their own travel and other related expenses if the training occurs outside of their location.

Territory Protection

NextHome does not offer territory protection to its franchisees. Each franchisee is granted a non-exclusive license to operate at a specified location approved by the franchisor.

There are no exclusive territories or geographic protections provided, and franchisees may face competition from other franchisees, company-owned locations, or even from other distribution channels under different branding.

The franchisor and its affiliates retain the right to list properties, market, solicit clients, and provide services anywhere, including within the same area served by an existing franchise.

Competitors

Watters International Realty

Watters International Realty is a real estate franchise offering comprehensive services for buying and selling homes, known for its innovative marketing strategies and client-focused approach.

Franchisees

?

10
+
0%
0%
Investment

?

$49,000 - $201,000
Business Services
Broker/Realtor

PropertyGuys.com

PropertyGuys.com is a real estate marketing franchise offering homeowners a commission-free approach to selling their properties, utilizing innovative technology and support.

Franchisees

?

4
+
n.a.
n.a.
Investment

?

$22,000 - $81,000
Business Services
Broker/Realtor

Grand Welcome

Grand Welcome is a vacation rental management franchise that helps homeowners maximize their rental income by providing full-service property management.

Franchisees

?

62
+
138%
138%
Investment

?

$68,000 - $170,000
Business Services
Broker/Realtor

Christie's International Real Estate

Christie's International Real Estate offers luxury real estate services, connecting buyers and sellers of high-end properties worldwide. They provide personalized attention and market expertise for affluent clients.

Franchisees

?

38
+
-3%
-3%
Investment

?

$64,000 - $443,000
Business Services
Broker/Realtor

Superior Walls

Superior Walls offers precast concrete foundation systems for residential and commercial buildings. Their energy-efficient, waterproof walls provide strong, customizable solutions for construction projects.

Franchisees

?

12
+
9%
9%
Investment

?

$1,040,000 - $1,968,000
Business Services
Broker/Realtor

Joe Homebuyer

Joe Homebuyer is a real estate investment franchise focusing on buying and selling homes quickly. Franchisees receive training in acquisition strategies, sales processes, and marketing, enabling them to close deals efficiently in any market.

Franchisees

?

63
+
66%
66%
Investment

?

$131,000 - $444,000
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Broker/Realtor
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