NextHome Named a Most Profitable Franchise

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Pleasanton, CA — December 8, 2020 — NextHome was identified by independent research firm, Franchise Business Review, as being one of just 35 franchise brands to be named an award-winning franchise in its 2020 report on the Most Profitable Franchises

Franchise Business Review, a market research firm that performs independent surveys of franchisee satisfaction, provides the only ranking of franchises based solely on actual franchisee satisfaction and performance. Franchise Business Review publishes rankings of the top franchises in its annual Guide to Today’s Top Franchises, as well as guides throughout the year ranking the top franchises in specific sectors.

To identify the companies on the list of the most profitable franchises, Franchise Business Review analyzed data from over 28,000 franchise owners, representing nearly 300 brands regarding their overall satisfaction with their brands and their likelihood to recommend them to others. 

NextHome’s franchisees were surveyed on 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems, including training & support, operations, franchisor/franchisee relations, and financial opportunity. Other factors included the annual income of franchise owners and a minimum startup capital requirement.

“Owner satisfaction, profitability, and long-term return on your investment are three of the most critical factors anyone should consider before investing in any franchise business. While there are thousands of franchise companies you could invest in, two-thirds of those franchise businesses are simply average or below-average investments,” said Eric Stites, CEO of Franchise Business Review. “Our goal is to help prospective business owners understand which franchises offer both a strong financial opportunity, as well as extremely high satisfaction among their current franchise owners. The 35 companies on the list of the Most Profitable Franchises received the highest ratings from the franchisees who own them on our independent satisfaction survey.”

NextHome’s flexible and cost-effective model allows franchisees to run their business, their way. This includes freedom of choice when it comes to office size, or the option to have no office at all with the virtual world we’re living in today. One and five-year agreements allow for testing the waters instead of being stuck in a contract. On top of that, NextHome’s flexible fees allow members to keep more of their commissions, which means more profitability for franchisees. 

In the ever-changing real estate market, flexibility and joining a franchise that is rooting for your success is why NextHome has been named a most profitable franchise by its franchisees. 

 

Interested in being a part of the NextHome Real Estate Franchise? Contact VP of Sales Charis Moreno at Charis@NextHome.com.

 

Each office is an independently owned and operated business.

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