NextHome franchise
A real estate brokerage serving home buyers and sellers. At the end of 2025 there were 587 NextHome locations in the US, all franchised.
- Cost to open
- $17K–$237K
- Franchise fee
- $5K–$10K
- Royalty
- Base, associate and transaction fees
- Locations, 2025
- 587+10 in 3 yrs
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Company snapshot
- SBA loans
- Not on the SBA Franchise Directory
From NEXTHOME INC’s 2026 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
How much a NextHome franchise costs
Opening Standard office costs an estimated $16,750 to $236,595. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: NEXTHOME INC, 2026 filing, page 38
NextHome franchise fee
The franchise fee is $5,000 to $10,000. You pay it when you sign the franchise agreement.
Source: NEXTHOME INC, 2026 filing, page 20
Royalty and ongoing fees
| Royalty | A $125 monthly base franchise fee plus associate, team and transaction fees that depend on the selected office model and agreement term. |
|---|
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: NEXTHOME INC, 2026 filing, page 21
Sales and earnings
No figures NextHome does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: NEXTHOME INC, 2026 filing, page 69
Locations opened and closed
| Year | Franchised | Company-owned | Closed |
|---|---|---|---|
| 2023 | 602 (+25) | 0 | 63 |
| 2024 | 608 (+6) | 0 | 50 |
| 2025 | 587 (−21) | 0 | 63 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
Source: NEXTHOME INC, 2026 filing, page 69
How NextHome compares
Of the 36 real estate franchises on this site, NextHome is the 3rd cheapest to open and the 6th largest by number of locations.
| Measure | NextHome | Typical real estate |
|---|---|---|
| Cost to open, low end | $17K | $60K |
| Closed or left per year | 9.9% | 8% |
| Change in franchised locations, 3 yrs | +1.7% | +1.7% |
| Shares earnings figures | No | 15 of 36 |
Typical is the median across the 36 brands in real estate franchises.
