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NEXTHOME
NextHome, Inc. offers franchises for operating real estate brokerage offices under the NextHome brand, specializing in the sale and leasing of residential and commercial properties as well as other real estate-related activities. The business model leverages the NextHome System, including proprietary methods, technology, marketing strategies, training, and vendor relationships, with franchisees paying initial fees starting at $5,000 for a 1-year term or $10,000 for 5 years, plus total investments from $16,750 to $221,595. The target market primarily consists of buyers and sellers of residential real estate in urban residential and business locations, competing in a highly developed and regulated industry.
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Franchise Costs
$125/mo base franchise fee + per-agent monthly flat fees ($100-$210 depending on model/team) or per-transaction fees ($299-$575) + technology fees ($25-$90 depending on model); no % of sales royalty or ad fund.
Financial Performance
Item 19 Financial Performance
This franchise did not provide Item 19 financial performance data.
Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.
Extracted Item 19 Section
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Unlock financial performance dataNEXTHOME Franchise Analysis
In the cutthroat world of real estate brokerage, NextHome stands out with its agent-centric model and tech-forward approach launched in 2014 from Pleasanton, California. Franchise disclosure documents hint at a flexible entry point and unconventional fee structure that avoids traditional royalties, but a recent dip in locations raises eyebrows. What does the contraction from 608 to 587 units signal for ambitious brokers eyeing this opportunity?
Item 7 in the 2026 FDD outlines initial investments ranging from $16,750 to $221,595, with franchise fees of $5,000 for a one-year term or $10,000 for five years—far lower barriers than many competitors demanding six figures upfront. Ongoing fees keep it lean: a $125 monthly base, plus $100-$210 per agent monthly or $299-$575 per transaction, layered with $25-$90 tech fees, but zero percentage-of-sales royalties or ad funds. No Item 19 earnings claims means no validated revenue or profit figures, forcing buyers to dig into alternatives like the single SBA loan on record averaging $350,000 for financing insights.
System metrics paint a mixed picture of resilience amid market headwinds: 9 terminations, 24 non-renewals, 9 transfers, yet 53 projected new units signal confidence. The -3% growth contraction underscores real estate's cyclical nature, but 587 locations since franchising in 2014 show established footprint in urban residential markets. Buyers must probe FDD Items 20 and 21 for litigation risks and deeper performance trends, weighing if NextHome's vendor network and training can deliver in a regulated, competitive arena.
Analysis based on the 2026 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.
How NEXTHOME Compares
Key Insights
- Lower investment than 92% of Business Services franchises
- Higher than average SBA loan default rate in Business Services
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
NEXTHOME Current | $17K – $222K | $10K | N/A | 587 |
| Bimbo Foods Bakeries Distribution, LLC | $14K – $607K | N/A | N/A | 6,454 |
| THE UPS STORE (TRADITIONAL) | $216K – $609K | $30K | 5.0% | 4,500 |
| RE/MAX | $37K – $337K | $35K | 1.0% | 2,994 |
| JACKSON HEWITT TAX SERVICE | $71K – $105K | $25K | 15.0% | 2,744 |
| CRUISE PLANNERS | $2K – $21K | $11K | 3.0% | 2,655 |
Business Services Average 198 franchises | $121K – $289K | $47K | 10.2% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 198 Business Services franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2025)
Outlets by state across the United States
+33 more states
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Unlock location growth dataSBA Loan History
Historical SBA 7(a) loan data for NEXTHOME franchisees (2023 – 2023)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
1 SBA loans on record
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Unlock SBA loan historyFranchisee Contacts
555 franchisee contacts on file from official FDD filings.
555 Contacts Available
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Unlock contactsDue Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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Unlock due diligence reportsFrequently Asked Questions
The total initial investment to open a NEXTHOME franchise ranges from $16,750 to $221,595. This includes a franchise fee of $10,000.
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