Franopolis
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    Franchise opportunities compared

    HomeSmart vs NextHome

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    HHomeSmart2026 FDDNextHome2026 FDD

    Initial investment · Item 7

    HomeSmart

    $65,500 – $205,000

    2026 FDD · Item 7

    NextHome

    $16,750 – $221,595

    2026 FDD · Item 7

    Initial franchise fee · Item 5

    HomeSmart

    Not available

    NextHome

    Not available

    Royalty · Item 6

    HomeSmart

    $12

    2026 FDD · Item 6 · PDF p. 10

    NextHome

    $475

    2026 FDD · Item 6 · PDF p. 17

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • HomeSmart and NextHome disclose more than one business format, so the investment range spans formats; the full report breaks them out.
    • Only neither brand has reviewed Item 19 figures here.

    Financial commitment

    Estimated initial investment (Item 7)

    HomeSmart

    $65,500 – $205,000
    2026 FDD · Item 7

    NextHome

    $16,750 – $221,595
    2026 FDD · Item 7
    Standard initial franchise fee (Item 5)

    HomeSmart

    Not available
    No single standard fee identified

    NextHome

    Not available
    No single standard fee identified
    Royalty (Item 6)

    HomeSmart

    $12
    Royalty fee per agent per month
    2026 FDD · Item 6 · PDF p. 10

    NextHome

    $475
    Standard Model Team transaction royalty, 5-year term
    2026 FDD · Item 6 · PDF p. 17
    Brand / advertising fund (Item 6)

    HomeSmart

    4%
    Franchise Marketing Accrual Fund contribution rate — 4%
    2026 FDD · Item 6 · PDF p. 10

    NextHome

    Not available
    No reviewed brand or advertising fund fee

    System scale & health

    Total outlets (Item 20)

    HomeSmart

    258
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 42

    NextHome

    587
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 54
    Net outlet change (Item 20)

    HomeSmart

    +13
    Calculated: 245 at end of 2023 → 258 at end of 2025

    NextHome

    −15
    Calculated: 602 at end of 2023 → 587 at end of 2025
    Outlet exits (Item 20)

    HomeSmart

    Not available
    No complete exit records for a year

    NextHome

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    HomeSmart

    Not available
    Not in reviewed records

    NextHome

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    HomeSmart

    Not available
    Not in reviewed records

    NextHome

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    HHomeSmart

    Not disclosed — no Item 19 financial performance representation

    NextHome

    Not disclosed — no Item 19 financial performance representation

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    HomeSmart vs NextHome: common questions

    Which costs less to open, HomeSmart or NextHome?
    HomeSmart: $65,500 – $205,000 (2026 FDD · Item 7); NextHome: $16,750 – $221,595 (2026 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for NextHome. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    How do HomeSmart and NextHome royalties compare?
    HomeSmart: $12 (2026 FDD · Item 6 · PDF p. 10); NextHome: $475 (2026 FDD · Item 6 · PDF p. 17). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, HomeSmart or NextHome?
    HomeSmart: 258 (2026 FDD · Item 20 · PDF p. 42); NextHome: 587 (2026 FDD · Item 20 · PDF p. 54). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do HomeSmart and NextHome disclose financial performance (Item 19)?
    HomeSmart makes no Item 19 financial performance representation; NextHome makes no Item 19 financial performance representation. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

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    Full HomeSmart report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

    Full NextHome report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

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