Winter Springs, FL January 17, 2022 — NextHome was recently named No. 1 on Franchise Business Review’s list of the Top Franchises for 2022. This is the 17th annual ranking of the 200 best franchise opportunities as rated by franchise business owners and NextHome’s second year in a row receiving the No. 1 recognition.
NextHome, Inc. is an independently owned national franchisor with a focus on changing the way consumers work with local agents and shop for real estate online. The NextHome franchise, founded in 2014, has 570+ offices and 5,200+ members across 48 states. The company closes over 36,000 transactions annually worth over $11.8B in volume.
Franchise Business Review, a market research firm that performs independent surveys of franchisee satisfaction and employee engagement, provides the only rankings and awards for franchise companies based solely on actual franchisee satisfaction and performance. Franchise Business Review publishes its rankings of the top 200 franchises in its annual Guide to Today’s Top Franchises.
NextHome was among over 300 franchise brands, representing more than 30,000 franchise owners, that participated in Franchise Business Review’s research. 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.
“While the pandemic impacted various business sectors differently, the last two years have clearly demonstrated the inherent strengths of the franchise business model. The old franchise adage of ‘being in business for yourself, but not by yourself’ has never been more important,” said Franchise Business Review founder & CEO Eric Stites. “Thanks to fast innovations, significant support, and responsive crisis management, many franchise brands have emerged stronger from the pandemic, and that is reflected in high franchisee satisfaction.”
“Being ranked the No. 1 franchise across all industries by Franchise Business Review for the second year in a row is an incredible achievement, and it’s all thanks to our members and amazing corporate staff,” said James Dwiggins, Chief Executive Officer of NextHome, Inc. “Without their hard work and passion for making a difference in the real estate industry, NextHome wouldn’t be where it is today. Our Humans Over Houses philosophy is fostered in every decision we make as a franchise. Receiving this award confirms we are continuing to lead in the right direction for our members and is the reason we love what we do every day.”
“As an independent research firm, Franchise Business Review is committed to helping prospective franchisees get an objective view of the best franchise opportunities, based on actual feedback from franchise owners,” said Michelle Rowan, president & COO of Franchise Business Review. “We survey franchisees from franchise companies in the marketplace today and identify those with the highest levels of satisfaction and performance in order to educate potential buyers and help them choose which franchise to invest in. The companies on this year’s list of Top Franchises are the top-ranked brands in the key areas critical to their franchisees’ success.”
Visit FranchiseBusinessReview.com to see the full description of the 2022 Top Franchises.
Looking to take your Real Estate career to the next level and Join NextHome Neighborhood Realty? Contact DJ French at DarrellJFrench@gmail.com or NextHomeNeighborhoodRealty.com.
NextHome was recently recognized on Franchise Business Review’s second annual “Culture100” list. The list recognizes the top 100 franchise brands in a 2021 report on the Best Franchise Cultures.
NextHome, Inc. is an independently owned national franchisor with a focus on changing the way consumers work with local agents and shop for real estate online. The NextHome franchise, founded in 2014, has 510+ offices and nearly 5,000 members across 48 states. The company closes over 29,500 transactions annually worth over $8.3B in volume.
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 special interest reports throughout the year that identify the top franchises in specific sectors.
NextHome was among 224 franchise brands, representing nearly 25,000 franchise owners, that participated in Franchise Business Review’s research on the best franchise cultures. Franchisees were surveyed on 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems. The brands that were selected received the highest overall ratings based on 12 questions specifically focused on leadership, core values, whether they enjoy being part of the organization, and would they recommend their franchise to others.
“The impact of the pandemic this past year on small businesses has put the spotlight on franchise culture more than ever,” said Michelle Rowan, President and COO of Franchise Business Review. “Our research into hundreds of brands really shows which ones held up the best when rated by their franchise owners. The franchise companies that have the honor of being named to our Culture100 list are clearly among the best of the best franchise opportunities.”
The NextHome Culture has been a differentiator for the franchise since its inception in 2014. Their Humans Over Houses motto and mindset puts people first in an industry that so commonly forgets about the human connection in a tech-driven world.
“Being recognized on the Culture100 list is directly attributed to all NextHome members who’ve helped curate what our franchise has come to be, and continues to grow to become,” said Keith Robinson, NextHome’s Chief Strategy Officer. “However, to ensure a cohesive culture, there must be a consistent underlying philosophy tying everyone together. For NextHome, it’s that we all strive to put Humans Over Houses. We know that so long as we don’t lose focus on the humans who buy and sell houses, and the amazing agents who help them through the process, everything will be fine. ”
Earlier this year, NextHome was also named No. 1 on Franchise Business Review’s list of the Top Franchises for 2021 in owner satisfaction, as well as a Top Franchise for Women.
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.