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NextHome and CMG Financial Launch NextMortgage, a New Mortgage Experience

NextHome and CMG Financial Launch NextMortgage, a New Mortgage Experience

Pleasanton, CA – May 6, 2021 – NextHome, the No. 1 real estate franchise, and CMG Financial, a national privately-held, mortgage banking firm, announce the launch of their new joint venture partnership, NextMortgage. 

NextMortgage will launch with offices in Florida, South Carolina, North Carolina, and Kentucky first with plans to continue expansion throughout the United States. The company will be a collaborative partnership centered around the very best loan officers with a focus on culture, guidance, knowledge, and educating consumers to make empowered real estate decisions.

NextHome is the No. 1 franchise in the U.S. across all categories for 2020 based on customer satisfaction. Their ethos as a company has been to put humans first and trust that the business will follow and grow by providing exemplary service to their franchisees. NextHome plans to carry that same mindset and approach to the mortgage business, by building a company with the same principles.

“It’s rare to find a mortgage company that shares our same vision and principles, but after meeting the team at CMG Financial, we knew they were the right partner to create an entirely new mortgage experience for the NextHome membership,” said NextHome CEO James Dwiggins. “We’re truly excited at the prospect of developing a simpler, concierge-based real estate experience by combining the very best real estate agents and loan officers in the business.”

Similarly, CMG Financial thrives because of its loan officer-centric culture, with leadership working together to support branches on the local level and deliver the tools they need to succeed. One of the advantages of the joint venture partnership with CMG Financial is that loan officers will gain access to nationwide operations support plus proprietary products available exclusively to CMG and its affiliates.  

First-time homebuyers can take advantage of HomeFundItTM, the down payment gifting platform, to accept and apply monetary gifts toward their down payment and buy a home sooner with a larger down payment.  

Experienced homeowners may benefit from the All In One LoanTM, a first lien HELOC that combines mortgage financing and banking to help homeowners pay off their mortgage faster and reduce the lifetime cost of mortgage interest, all while maintaining access to home equity as needed.     

“We are thrilled to be working with NextHome, a company that is dedicated to personalizing the real estate experience and believes in the individual over the deal. Here at CMG Financial, culture is crucial to the success of our company. Finding a like-minded partner helped shape the creation of NextMortgage – a new mortgage lender that is heavily focused on improving the overall home buying experience for all parties involved,” said Chris Harris, SVP Joint Venture Manager, the CMG Financial.

 

For more information about NextMortgage, contact Nancy Pattison at nancy.pattison@nextmtg.com or visit www.nextmortgage.com.

NextHome Ranked one of The Americas’ Fastest-Growing Companies

NextHome Ranked one of The Americas’ Fastest-Growing Companies

Pleasanton, CA — April 29, 2021 — NextHome was recently ranked on the Financial Times second annual list of The Americas’ fastest-growing companies for 2021. The list is comprised of the 500 companies in the Americas that have the highest growth in publicly disclosed revenues between 2016 and 2019.

The list was compiled with Statista, a research company, and ranks entrants from across the Americas by compound annual growth rate (CAGR) in revenue between 2016 and 2019. Companies from these American countries were eligible to participate: Argentina, Belize, Bolivia, Brazil, Canada, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, the US, Uruguay, and Venezuela.

NextHome was ranked No. 419 on the list that is dominated by digital companies. While NextHome prides itself on providing the latest technology for its members, at its core, it’s a real estate franchise – a human business. 

The franchise’s “Humans Over Houses” mindset was coined by NextHome’s Chief Strategy Officer Keith Robinson at the 2019 NextHome Conference in Las Vegas, NV. The saying came to fruition as Keith was continuously bombarded by conversations that paint real estate as a tech industry.

“If we ever lose sight of the human in the transaction, we are out of business,” said Keith. “That’s really the heart of it: with something as intimate and complicated as real estate, you cannot lose sight of that personal connection.”

NextHome is proud to be a “people business” recognized on the Financial Times list of The Americas’ fastest-growing companies for 2021 in a sea of digital companies. Putting humans over houses is, and will continue to be, the core of every NextHomie’s business to help their community members find or sell their next home. Learn more by visiting HumansOverHouses.com.

 

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.

NextHome Named a Top Low-Cost and Fastest-Growing Franchise

NextHome Named a Top Low-Cost and Fastest-Growing Franchise

Pleasanton, CA — April 27, 2021 — NextHome has recently been recognized by Entrepreneur as a Top Low-Cost Franchise and a Fastest-Growing Franchise for 2021. These rankings follow the franchise being named a Top Franchise on Entrepreneur’s 2021 Franchise 500®. 

NextHome was ranked No. 8 on their Top Low-Cost Franchises list for 2021. Companies on the list are ranked based on the scores they received in Entrepreneur’s 2021 Franchise 500 ranking, a comprehensive analysis that looked at more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability. 

“Being a real estate franchise opportunity with an attainable point of entry was one of our core values when starting NextHome,” said Charis Moreno, Vice President of Sales at NextHome, Inc. “Having the recognition of being a top low-cost franchise solidifies why we’ve strived to be an option for those who want to make a difference in their business, in their lives, without putting their financial security at risk. Seeing our NextHomies follow their dreams in franchise ownership and finding success in doing so is the reason we do what we do so proudly.”

NextHome was ranked No. 43 on Entrepreneur’s Fastest-Growing Franchises in U.S. and Canada list for 2021. Growth is what franchising is all about, and this ranking identifies the franchise brands with the greatest franchise unit growth in the U.S. and Canada from July 2019 to 2020, based on data submitted for the 2021 Franchise 500®. Earlier this year, NextHome ranked No. 54 on the list of the Fastest-Growing Franchises in the U.S. alone by Entrepreneur. 

While growth is good, NextHome prides itself on growing with the right people. Each oncoming NextHome office has been meticulously reviewed to ensure that they will be a good fit for the culture of the franchise.

“Our growth stems from our people. Better put, the right people,” said Charis. “The most empowering word in our language is the word ‘no’ and I use this word often when I discuss franchising opportunities with prospective brokers and agents. While metrics are important in some conversations, I don’t find them important when it comes to the overall success of NextHome. At the end of the day, you can have the best marketing, technology, and integrated systems and tools, but if you don’t have the right people, the rest doesn’t even matter.”

 

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.

NextHome Owner Heidi Powell Recognized as a Powerful Woman in Franchising

NextHome Owner Heidi Powell Recognized as a Powerful Woman in Franchising

Pleasanton, CA — April 23, 2021 — As part of Franchise Business Review’s annual Top Franchises for Women research, FBR surveyed over 8,000 female franchise owners to get their perspective on owning a franchise business in 2021. Earlier this year, NextHome was named a Top Franchise for Women in Franchise Business Review’s 2021 report.

The past year has been difficult for many business owners yet women franchise owners have demonstrated their resilience and commitment to their local communities.

While franchising has historically been a male-dominated industry, women business owners have made significant strides in the past decade. Today, women are opening one out of every three new franchise businesses and female franchise ownership has increased significantly.

Franchise Business Review shared a series of 27 inspiring stories from female franchise owners who are experiencing success as business owners – breaking through the barriers and challenges unique to being a woman in the business world. One of those stories featured Heidi Powell, Owner of NextHome Dynamic located in Freeport, Pennsylvania. Read on to learn more about Heidi, and click here to read the full article. 

As a real estate agent, Heidi Powell wanted to support her community in finding their next homes.

“It’s not about the houses, the land, the numbers – it’s about the human factor,” she says. “We’re dealing with the human factor: The view over the kitchen table as you watch the kids play in the yard. The memories that will be made around the dining room table.”

Heidi initially started her career with a different franchise, but quickly found that her morals clashed with the numbers-driven goals of corporate. When her agreement ended, her research led her to NextHome and in July 2018 she became the 300th business with the franchise. 

“Anyone who’s thinking of franchising, the research is so very important,” says Heidi. “To meet and speak with other franchisees.”

The NextHome franchise community has supported and uplifted Heidi while allowing her to follow her own initiatives. Early on in the pandemic and realizing how many in her community were struggling, Heidi partnered with a group of volunteers to provide and deliver free lunches to those in need.

“Any time you can do something for your local community, it’s not about business,” Heidi says. “It’s so important to support the community that takes care of us every other time of the year.”

We’re thrilled to see Heidi’s dedication to her community and being a proud example of being a woman in business recognized by Franchise Business Review. Her passion for putting humans over houses couldn’t be more of an encompassing representation of a NextHomie. 

 

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.

NextHome Experience Recognized on The Top 1,000

NextHome Experience Recognized on The Top 1,000

Pleasanton, CA — April 13, 2021 — The NextHome franchise is thrilled to congratulate NextHome Experience for being placed on RISMedia’s 2021 Power Broker Report due to their hard work in 2020. The Worthington, Ohio-based brokerage finished the year with $309,996,586 in volume with 1,171 transactions, placing them No. 853 by units on the list for the entire country. 

NextHome Experience is owned/operated by business partners David Caraboolad and Vadim Barash. Since they joined NextHome in 2016, the brokerage has seen unbelievable growth with the opening of three office locations in Worthington, Granville, and Marysville, Ohio. 

Based on their 2020 production, the brokerage was recognized as the No. 1 office in both transactions closed and total sales volume for the entire NextHome national franchise of more than 550 locations. 

“We couldn’t be more proud of David, Vadim, and the entire NextHome Experience team for their hard work and dedication to serving their community,” said James Dwiggins, CEO of NextHome, Inc. “Even during a year of such adversity, they have gone above and beyond to help people find their next home.”

Please join us in congratulating NextHome Experience on their continued success!

 

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.

NextHome Named a Top Low-Cost and Top Recession-Proof Franchise

NextHome Named a Top Low-Cost and Top Recession-Proof Franchise

Pleasanton, CA — April 7, 2021 — NextHome was identified by independent franchise market research firm, Franchise Business Review, as being one of only 50 franchises to qualify as a 2021 Top Low-Cost Franchise. Additionally, NextHome was recently named a top franchise by Franchise Business Review in its report on the Top Recession-Proof Franchises for 2021.

Franchise Business Review (FBR) provides the only rankings of franchises based solely on actual franchisee satisfaction and performance. FBR publishes its rankings of top franchises in its annual Guide to Today’s Top Franchises, as well as in quarterly reports throughout the year that rank the top franchises in specific sectors.

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. 

Brands on the list of the best low-cost franchises to buy had to have high franchisee satisfaction and an investment of under $100,000 at the time their franchisees participated in Franchise Business Review’s satisfaction survey.

“One of the most common myths around buying a franchise is that it’s too expensive. But what many people don’t know is that there are a number of very solid business opportunities out there that can provide the satisfaction and perks of business ownership but don’t require a huge financial investment,” said Eric Stites, CEO of Franchise Business Review. “The franchises that made this year’s list of the Top Low-Cost Franchises all received high marks from their franchise owners on our independent satisfaction survey, making them all excellent options for entrepreneurs considering franchise ownership.”

More than 31,000 franchisees representing nearly 300 franchise brands participated in Franchise Business Review’s franchisee satisfaction survey between July 2019 and February 2021. From the research, NextHome was one of just 100 franchise brands to be identified as a Top Recession-Proof Franchise award winner and be featured on the list of the best recession-proof businesses to start.

“From our perspective, franchisee satisfaction is one of the most important factors to consider before investing in any franchise opportunity,” said Eric Stites, CEO of Franchise Business Review. “Franchising has historically performed well in a recession, and for people seeking to be their own boss, the recession-proof businesses we identified this year not only have outstanding satisfaction among their owners, but we feel they hold a strong advantage to outperform their competitors in the years ahead.”

 

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.

NextHome Named a Top Franchise for Women

NextHome Named a Top Franchise for Women

Pleasanton, CA — April 1, 2021 — NextHome was recently named the No. 1 franchise in the country by Franchise Business Review following an independent survey of 300+ brands across all sectors. Based on the findings of the survey, Franchise Business Review has now named NextHome a Top Franchise for Women in its 2021 report.

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

NextHome was among 289 franchise brands, representing 8,453 female franchise owners, that participated in Franchise Business Review’s research on the Top Franchises for Women. NextHome’s franchisees were surveyed on 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems, including leadership, training & support, financial opportunity, and work/life balance. 

“Franchising provides many options to women seeking business ownership on a full- or part-time basis,” said Michelle Rowan, President and COO of Franchise Business Review. “The number of franchise opportunities available can be overwhelming, so it’s critical to examine feedback from other female franchise owners on how well the franchise meets their expectations in terms of support, work/life balance, financial opportunity, and other key areas of business ownership. When you look at the brands on this year’s list of the top franchises for women, a whopping 88% of women said they enjoyed owning and operating their own business, making them all excellent options for women looking to make the transition to owning and operating their own business.”

The latest accolade for NextHome follows Franchise Business Review’s list of the Top Franchises for 2021, where NextHome was named the No. 1 franchise across all categories. This is also the third year NextHome was named a top franchise for women. 

“It was always important for me when I was asked to lead the growth of the NextHome brand that we brought on the right people that share our vision, provide value, make a difference, and raise the bar in our industry,” said Charis Moreno, Vice President of Sales at NextHome. “Seeing that we made the list in a category I represent makes what we are doing that much more important and inspiring to me. Helping every class and gender become a business owner in our country is part of the American Dream, and to see we are leading in that dream makes our success that much more meaningful.” 

Moreno and her executive assistant, Jennifer Wertheimer, comprise NextHome’s Franchise Sales team, which signed over 100 new offices in 2020. Moreno’s strong work ethic and passion for the NextHome brand is the reason NextHome maintains its impeccable company culture, each and every NextHome office that joins the network was backed by Moreno as a good fit for the franchise overall. 

 

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.

NextHome announces Little River, South Carolina office

NextHome announces Little River, South Carolina office

Sandra Cribb

Pleasanton, CA — March 19, 2021 —NextHome is pleased to announce the newest addition to the franchise, NextHome The Palmetto State, based in Little River, South Carolina. The brokerage represents the 12th office location opened in South Carolina for the NextHome franchise and the 552nd NextHome office opened nationally.

NextHome The Palmetto State will serve buyers and sellers across South Carolina’s entire Grand Strand area, including Longs, North Myrtle Beach, Myrtle Beach, and Loris. 

Located just 30 minutes north of Myrtle Beach, Little River is one of the oldest – and most charming – towns along the Grand Strand. The area is known for its world-class seafood, its fishing charters, and the stunning rows of mature oak trees that line its quaint streets. 

The area’s appeal is no surprise to NextHome The Palmetto State owner Sandra Cribb, who is a lifelong local. 

Before becoming a REALTOR®, Sandra spent many years operating a vacation rental concierge company, while also working alongside her husband in his marine sales and service business.

Sandra’s natural ability to build relationships and put people first caught the attention of a local broker, who convinced Sandra that she would excel in real estate. 

“She encouraged me to get my license and come work for her,” Sandra said. 

In 2005, Sandra joined The Beach Company, the largest independent in the region at the time. While there, Sandra built a reputation for kindhearted service where each client felt as if they were her only priority. 

“I’m proud of being able to nurture relationships from the very beginning,” Sandra said. “I love that my clients stay in touch and most have become lifelong friends. My client relationships remain strong because no matter how busy I get, I’ve always taken time out for them.”

Sandra continued to provide exceptional service with the same brokerage for the next 10 years – despite the business changing hands, and moving in and out of franchised status, several times. 

In 2015, Sandra joined another large local independent, also becoming a licensed real estate instructor in the same year. That brokerage also moved to a franchise, just a short while later. 

Throughout her years in the real estate business, she would watch companies grow their agents in numbers, yet many seemed to lose their client focus while growing. 

“It seemed like the goal was how many agents the company could recruit, rather than how many clients they could help,” Sandra said. “I felt I had to get back to the basic principles of being customer-focused.”

In 2019, she finally opened her own brokerage. As the owner of Compass Realty, Sandra focused her business on being a nimble resource for her clients that built on her greatest strength – people-first service. In addition, Sandra started teaching at a real estate school during this time. 

“I wanted to be small and more nurturing,” Sandra said. “I am, by nature, a relationship builder.”

As Sandra was attending a broker’s class, she started talking with Tammi Pierce, the owner of NextHome Seekers. 

“The first time she mentioned NextHome to me, she was so excited,” Sandra recalled. “But I just politely listened because in my experience, I thought franchises just weren’t for me.”

Eventually, some of Sandra’s students in her real estate classes began asking if they could come and work for her. Sandra soon realized that she could better nurture young talent, and her client base, if someone else was taking care of the busywork. 

“I realized that trying to recruit and train new agents, maintain my connection with my clients, while still trying to run all other aspects of a business were really draining me,” Sandra said. “Frankly, I just needed help in every area of the business because I was wearing all of the hats. So, I started researching more into the benefits of franchises.” 

As Sandra started researching franchises, NextHome kept reappearing. With a little more research, she knew that she found what she had been looking for; a big company with a small company feel. 

“I loved the culture,” Sandra said. “I loved the individual attention to detail, and their customer service was above and beyond anything I had seen.”

Today, Sandra is combining her in-depth knowledge of the area and customer service skills with NextHome’s industry-leading technology and back-end support. 

“I never had a desire to build a gigantic real estate company. Instead, I wanted one that would provide a friendly and nurturing atmosphere with unparalleled customer service,” Sandra said. “With NextHome, I can continue that culture and have access to world-class support as well.”

Sandra is now welcoming quality agents who have her same nurturing spirit and dedication to client success. 

Outside of the office Sandra enjoys building her community through service. She donates to area youth and homeless shelters and has always had a special spot in her heart for people who’ve been displaced from their homes. In addition, Sandra supports the National Multiple Sclerosis Society and various other local and national organizations. Sandra is proud to partner with other NextHome offices as a supporter of Canine Companions for Independence. 

Sandra has been married to her husband Dwayne since 1988 and is the mother of two children, Nick (31) and Kindall (24). Nick will soon be joining NextHome The Palmetto State as a sales associate. 

Please join us in congratulating Sandra on the opening of NextHome The Palmetto State in Little River, South Carolina!

 

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.

NextHome Announces New Partnership with BoxBrownie.com

NextHome Announces New Partnership with BoxBrownie.com

Pleasanton, CA — March 18, 2021 — NextHome recently announced a new partnership with Australian photo and render editing company BoxBrownie.com. The strategic agreement is set to benefit the franchise’s 4,500+ brokers, owners, and agents greatly in their marketing and technology industry advantage.

NextHome members will have access to special visual listing marketing deals, educational webinars and masterclasses, and custom branded floor plans and aerial editing. The franchise has always had a focus on collaborative partnerships and effective products for business development, growth, and relevance, making the BoxBrownie.com affiliation a perfect fit. 

“We’re excited to have all pistons firing with BoxBrownie.com,” said NextHome Chief Strategy Officer Keith Robinson. “The benefits of having our brokers and agents using their services are limitless. Not only will our NextHomies be on top of the latest in pre-sales and virtual tours, but their online listings will never be the same again.”

“The NextHome pillars of passion, progress, and relevance are reinforced by using the affordable technology offered by BoxBrownie.com,” added Keith.

The specialist services that BoxBrownie.com offers to NextHome agents start with image enhancement, virtual staging, 360° virtual tours, branded floor plans, virtual renovation, and renders. These are essential services available to provide key property marketing solutions that suit the budget of any agent. 

In recent years, BoxBrownie.com has transformed real estate marketing by making photo editing accessible for REALTORS® to use with their MLS. Beginning from a background in real estate photography, the online company understands the client’s needs for high-quality images and the sales results they deliver. BoxBrownie.com has developed an easy and affordable no subscription portal to access photo editing, and computer-generated imagery render experts. 

“To work with NextHome in providing a service that makes it easy and affordable to lift MLS listing standards is an exciting thing,” said BoxBrownie.com co-founder Brad Filliponi. “We know that with better visual listing marketing comes quicker sales and increased sales prices, and we’re buoyed to be passing both our services and extensive marketing knowledge onto this group. We’re also grateful for the opportunity to be providing technology and marketing solutions for such a progressive franchise.”

Top franchises, brokers, and agencies are viewing the current industry status as a crucial time to utilize technology to stand out in a highly competitive field. Creating a listing that not only catches the buyer’s attention but gets optimal results is through marketing a property in its best light. 

These arrangements will continue to develop and aim to assist more NextHomies to improve their marketing and ultimately increase their sales.

 

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.

NextHome Ranked One of California’s Fastest-Growing Private Companies

NextHome Ranked One of California’s Fastest-Growing Private Companies

Pleasanton, CA — March 17, 2021 — Inc. magazine today revealed that NextHome is No. 210 on its second annual Inc. 5000 Regionals: California list, the most prestigious ranking of the fastest-growing California-based private companies. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the California economy’s most dynamic segment—its independent small businesses. 

NextHome receives this ranking with a two-year revenue growth of 66%. The California-born franchise is located in Pleasanton. 

The companies on this list show stunning rates of growth across all industries in California. Between 2017 and 2019, these 250 private companies had an average growth rate of 535% and, in 2019 alone, they employed more than 40,000 people and added nearly $7 billion to the California economy. Companies based in major metro areas—Los Angeles, the Bay Area, and San Diego—brought in the highest revenue overall.

“This list proves the power of companies in California no matter the industry,” said Inc. editor-in-chief Scott Omelianuk. “The impressive revenues and growth rates prove the insight and diligence of CEOs and that these businesses are here to stay.”

Complete results of the Inc. 5000 Regionals: California, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at Inc.com.

“Being recognized by the Inc. 5000 franchise as one of California’s Fastest-Growing Companies is a great attribution to the NextHome offices across the country in the 48 states our brand is represented in,” said James Dwiggins, Chief Executive Officer of NextHome, Inc. “With the state of California being a powerhouse in innovative companies changing the landscape of various industries, we’re proud to help lead the real estate vertical with a passion for putting humans over houses.” 

 

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.