NextHome Franchise FDD, Costs & Fees (2025)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Number of franchises

608

Investment required

$17,000 - $222,000

Revenue (AUV)

NextHome: Redefining Modern Real Estate Through Innovation and Design

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

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Franchise Disclosure Document

Training

NextHome provides several types of training programs to its franchisees:

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.
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.
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.

Franchisees are not entitled to compensation if the franchisor or its affiliates conduct business in their geographic vicinity. Furthermore, there are no rights of first refusal or similar privileges to acquire additional territories or franchises.