From the filings

HQ-led decisions

NextHome

Real estate

NextHome runs 587 franchised real-estate offices, all franchised with no company-owned locations. Its 2026 FDD puts HQ in control of software: NextHome may be the sole supplier of software for its offices, and franchisees must use the transaction management and accounting software it provides. Franchised outlets fell 3.45% year over year.

For software vendors selling into US franchise brands.

Live signals

Total units
587
587 franchised
Unit growth YoY
-3.454%
vs prior filing
AUV
Item 19, 2026
Royalty
of gross sales
Ad fund
national + local
Initial fee
$5K
per unit
Investment range
$16K–$216K
all-in, Item 7
Procurement
Franchisor controlled
from the filing
Non-compete
1 years
from the filing
Item 19
No claims
from the filing

Franchisor behaviours

What the franchisor requires

19 requirements the franchisor states in this filing, each in its own words; 3 explicit no's; 12 questions the text does not settle, which is not a no.

Accounting

Must the franchisee use an accounting or bookkeeping system designated or approved by the franchisor?

Yes

Item 8

As of the issuance date of this Disclosure Document, you are required to use the transaction management and accounting software provided by us.

Does the franchisor have direct or independent electronic access to the franchisee's financial, sales or customer records?

Yes

Item 11

We do have the right under the Franchise Agreement to access and copy the data and records on your computer system to the extent that they pertain to your Office.

Must the franchisee submit periodic financial statements (monthly, quarterly or annual) to the franchisor?

Yes

Franchise agreement

If we performed the audit because you did not provide required financial statements at the times and in the format specified in the Franchisee Materials or if the underpayment exceeds 3% of the total Royalty Fees, Technology Fees or other charges payable for any period covered by the audit, you must also reimburse us…

How the franchisor buys

Is the franchisor or an affiliate itself a supplier of required products, services or systems?

Yes

Item 8

Our affiliate, NextMortgage, LLC, is an approved supplier of mortgage lending services for clients of our franchisees.

Is there a franchisee advisory council, association or committee?

Yes

Item 11

We have created franchise advisory committees composed of franchisees, which advise us on certain System issues, which currently include marketing, charity, technology, education, growth and culture.

How much revenue did the franchisor and its affiliates earn from franchisee purchases in the last fiscal year?

0

Item 8

In our fiscal year ended September 30, 2025, neither we nor our affiliates derived revenue, rebates or other material consideration from required purchases or leases by our franchisees.

Does the franchisor or an affiliate receive rebates, commissions or other revenue from designated or approved suppliers?

Yes

Item 8

We receive payments from certain approved and designated suppliers, calculated as a percentage of total purchases (between 3% and 25%, depending on the supplier); these franchisee purchases are optional.

Item 8 gives this proportion in one of two shapes: separate percentages for establishing the business and for operating it, or one figure covering "establishing and operating" together. Where they are separate, answer with the operating percentage; where the passage gives only the combined figure, answer with that. What percentage of the franchisee's purchases must come from designated or approved suppliers?

3

Item 8

of all purchases and leases for operating your Office, we estimate that approximately 3% to 8% will be for required purchases and leases.

Does the franchisor charge a fee to evaluate a proposed supplier?

Yes

Item 6

Supplier Our costs and expenses As incurred If you ask us to approve a Review Fee supplier, you must reimburse us for any expenses we reasonably incur in inspecting the supplier’s premises, checking the supplier’s credentials, or testing the product.

Can a franchisee propose a new supplier for the franchisor's approval?

Yes

Item 8

If you wish to purchase any goods or services from a supplier not on our approved or designated supplier lists you must notify us in writing and, upon our request, provide us with product specifications, sample products, and/or information about the supplier.

Franchise management

Does the franchisor conduct periodic inspections, audits or evaluations of the franchised business?

Yes

Franchise agreement

We have the right to audit your books and records, including your tax returns to the extent they pertain to your Office and financial and business data from fixed and removable drives of your business computer systems during normal working hours with no advance notice.

Can the franchisor change the operations manual and brand standards unilaterally?

Yes

Franchise agreement

We may make changes in our standards and specifications for any aspect of the System, when, in our reasonable discretion, change is needed for the success and development of the NextHome System.

Must the franchisor approve the franchisee's site or location before opening?

Yes

Item 11

Before you lease your Office site, we must review and approve your Office location.

Operations

Must equipment be purchased from designated or approved suppliers?

Yes

Item 8

You must purchase products that bear our name, trademarks or service marks, including yard signs, stationery, wallpaper and business cards, only from suppliers we designate.

Payments

Are royalties and other fees collected by automatic bank debit (ACH or electronic funds transfer) from the franchisee's account?

Yes

Franchise agreement

At our request, you agree to sign any other document necessary to enable us to initiate payment of the Base Franchise Fees, Royalty Fees and Technology Fees by electronic funds transfer, pre-arranged draft or in any other manner.

People

Does the franchisor require minimum staffing levels or specific roles?

Yes

Item 15

At all times during the term of your Franchise Agreement, you must employ an individual who is licensed as a real estate broker under the laws of your state, and you must have a licensed individual whom you have designated as the Principal Broker of your Office.

Point of sale

Does the franchisor have independent access to the data in the franchisee's POS or computer system?

Yes

Item 11

We do have the right under the Franchise Agreement to access and copy the data and records on your computer system to the extent that they pertain to your Office.

Training

Can the franchisor charge the franchisee for additional, refresher or remedial training?

Yes

Item 11

If you request additional training from us, or if we require you to participate in additional training as a condition for curing a default of the Franchise Agreement, we may charge you a Consulting Fee, and you must pay us for all out-of-pocket costs incurred by us in connection with such training, including travel…

Is attendance at an annual convention or conference mandatory for the franchisee?

Yes

Franchise agreement

At least one of your Owners must attend each annual meeting.

The filing answers no to 3 questions
  • Is the franchisee prohibited from operating its own website or social media accounts, or required to use pages the franchisor provides?Item 11
  • Is a minimum grand opening advertising spend required?Item 11
  • Must the franchisee participate in a regional advertising cooperative when one exists?Item 11

The vendor opportunity at NextHome NextHome runs 587 franchised real-estate offices, all franchised with no company-owned locations. Franchised outlets fell 3.45% year over year. Franchisees choose a 1-year or 5-year initial term, and the 2026 FDD makes no financial performance representation.

Who controls software purchasing NextHome's FDD names James Dwiggins and Keith Robinson as Co-Chief Executive Officers, Tei Baishiki as Chief Operating Officer, Charis Moreno as Chief Revenue Officer, and Jim Fischetti as President – Brokerage Operations. Item 11 puts that HQ firmly in charge of software: NextHome "may be the sole supplier of software for use in NextHome Offices," and franchisees must use its proprietary software and any other third-party software it periodically designates.

Tech named in the FDD, and what is actually required NextHome's Item 8 and Item 11 language is direct: franchisees are required to use the transaction management and accounting software the company provides to manage an office's transactions and books, and must comply with any new computer or software requirements NextHome imposes after the Franchise Agreement is signed. Franchisees also agree that NextHome can access the records and client information kept in that software and computer system, as well as data held with its designated and approved suppliers.

Procurement, renewals, and timing Item 8 designates suppliers for specific items: products bearing NextHome's marks, such as signage and business cards, must come from designated suppliers, and franchisees must use the transaction management and accounting software NextHome provides. Other goods and services may come from an approved supplier or a franchisee-proposed alternative that meets NextHome's specifications. Item 17 renewal runs on a 1-year term that may extend into another 1-year term or a new 5-year term, with a then-current Franchise Agreement that may carry higher royalties, Technology Fees and other charges.

How to read the NextHome FDD The embedded viewer below carries NextHome's 2026 Franchise Disclosure Document. Item 8 and Item 11 are the fastest read for the supplier and technology terms.

Questions vendors ask

NextHome, answered from the filing

NextHome's FDD puts HQ in control: it may be the sole supplier of software for NextHome offices and requires franchisees to use its proprietary and periodically designated third-party software. Co-CEOs James Dwiggins and Keith Robinson lead that HQ, with Tei Baishiki as Chief Operating Officer.
Item 8 requires NextHome franchisees to use the transaction management and accounting software the company provides to manage an office's transactions and books, and Item 11 adds its proprietary software and any third-party software NextHome periodically designates. Read Item 11 in the filing below for the full requirement.
NextHome has 587 franchised real-estate offices and no company-owned locations. Franchised outlets fell 3.45% year over year.
NextHome designates suppliers for branded products like signage and for its transaction management and accounting software, while other goods and services may come from an approved supplier or a franchisee-proposed alternative that meets NextHome's specifications.
NextHome franchisees choose a 1-year or 5-year initial term. Item 17 lets a 1-year term renew into another 1-year term or a new 5-year term, and a 5-year term renew only into another 5-year term — each renewal point lets NextHome update its software and fee terms, including Technology Fees.
The embedded PDF viewer below holds NextHome's 2026 Franchise Disclosure Document in full. Read it directly to confirm any procurement, technology or renewal detail before pitching.
Source

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NextHome2026 FDDView only

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The brands you can actually sell into, from the filings.

Operator footprint

Who runs the locations

1 operators run 1 mapped locations. 0 of them are multi-unit. Aggregate counts from the filing; no names.

Operators by units owned

Single-unit1

Top states by locations

WI1

Related Real estate brands

Primary franchise filings · updated September 2026. Every figure is source-traceable and QA-checked.