NextHome Lands No. 1 Franchise Rating For Third Straight Yr

The flexible-spending mannequin actual property franchise beat out a variety of different actual property franchises assessed by Franchise Enterprise Evaluate this 12 months, together with Keller Williams, Weichert Actual Property, Sotheby’s Worldwide Realty and others.

New markets require new approaches and ways. Specialists and trade leaders take the stage at Inman Connect New York in January to assist navigate the market shift — and put together for the subsequent one. Meet the second and be part of us. Register right here

Versatile-spending mannequin actual property franchise NextHome has been named the No. 1 franchise throughout the U.S. and Canada in 2023 by Franchise Business Review.

Every year, the franchise market analysis agency surveys hundreds of franchises on franchisee satisfaction and efficiency and analyzes that knowledge to find out a Franchisee Satisfaction Index (FSI) for every collaborating model. The corporate additionally takes into consideration the franchise’s measurement, % of franchisees who take part within the survey and the age of the survey in rating manufacturers towards one another.

NextHome clinched the highest rating for the third 12 months in a row this 12 months, adopted by shaved ice firm Kona Ice and automotive restore servicer Christian Brothers Automotive.

James Dwiggins

“Having NextHome ranked the No. 1 franchise within the nation for the third 12 months in a row isn’t solely an honor, however a testomony to our franchise mannequin’s continued success in an trade that’s regularly evolving,” James Dwiggins, CEO of NextHome, mentioned in a press assertion.

“At our core, we’re targeted on our folks and their success. By offering the perfect advertising and expertise instruments, coaching alternatives, and world-class customer support, NextHome actual property professionals can spend extra time doing what they do greatest — serving to folks discover their subsequent residence.”

The next had been the highest 50 franchises total:

Credit score: Franchise Enterprise Evaluate

Different well-known actual property manufacturers that landed within the prime 200 embody Keller Williams (No. 11), Realty ONE Group (No. 22), Weichert Actual Property (No. 34), Sotheby’s Worldwide Realty (No. 35), Higher Houses and Gardens Actual Property (No. 54), Engel & Völkers (No. 56), Coldwell Banker (No. 92), United Nation Actual Property (No. 95), Century 21 (No. 96), JPAR-Actual Property (No. 111) and ERA Actual Property (No. 130), amongst different actual property manufacturers.

This 12 months, over 360 franchise manufacturers representing virtually 38,000 franchise house owners participated in Franchise Enterprise Evaluate’s analysis. Twenty-three actual property manufacturers made it into the highest 200 franchises.

The next had been the top-ranked actual property firms:

  • NextHome
  • Keller Williams
  • Realty ONE Group
  • New Once more Homes
  • Weichert Actual Property
  • Sotheby’s Worldwide Realty
  • Higher Houses and Gardens Actual Property
  • Engel & Völkers
  • Coldwell Banker
  • United Nation Actual Property
  • Century 21 Actual Property
  • HomeSmart Worldwide
  • JPAR-Actual Property
  • HomeVestors of America
  • ERA Actual Property
  • Actual Property Administration
  • Epcon Communities

Laura O’Connor

“We’re honored to obtain this recognition because it continues to show that JPAR is delivering on our dedication to being a one-stop, last vacation spot brokerage the place prime producers can community and assist one another in reaching their progress targets,” Laura O’Connor, president and chief working officer of JPAR Franchising, mentioned in a press release. “Our mannequin empowers our brokers and gross sales professionals with a flat-fee, capped fee that places more cash of their pockets whereas offering a tradition of empowerment via best-in-class coaching and expertise.”

Invoice Scavone

“We’re extraordinarily honored to see the constructive suggestions from our Weichert franchise house owners and earn a spot on this prestigious checklist for an eighth straight 12 months,” Invoice Scavone, president of Weichert Actual Property Associates Inc. and Weichert Realtors, mentioned in a press release. “We delight ourselves on providing our franchisees the expertise, instruments and sources wanted for them to succeed, and fostering a supportive tradition crammed with idea-sharing and collaboration from members all through our system.”

E mail Lillian Dickerson