NextHome Lands No. 1 Franchise Rating For Third Straight 12 months

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

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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.

Annually, 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 dimension, % 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 yr in a row this yr, 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 yr in a row just 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 marketing and expertise instruments, coaching alternatives, and world-class customer support, NextHome actual property professionals can spend extra time doing what they do finest — serving to folks discover their subsequent house.”

The next had been the highest 50 franchises general:

Credit score: Franchise Enterprise Overview

Different well-known actual property manufacturers that landed within the high 200 embrace Keller Williams (No. 11), Realty ONE Group (No. 22), Weichert Actual Property (No. 34), Sotheby’s Worldwide Realty (No. 35), Higher Properties 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 yr, over 360 franchise manufacturers representing nearly 38,000 franchise homeowners participated in Franchise Enterprise Overview’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 Properties 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 exhibit that JPAR is delivering on our dedication to being a one-stop, remaining vacation spot brokerage the place high producers can community and help one another in reaching their development 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 extra money of their pockets whereas offering a tradition of empowerment by best-in-class coaching and expertise.”

Invoice Scavone

“We’re extraordinarily honored to see the optimistic suggestions from our Weichert franchise homeowners and earn a spot on this prestigious record for an eighth straight yr,” 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 stuffed with idea-sharing and collaboration from members all through our system.”

Electronic mail Lillian Dickerson