NextHome is a real estate brokerage that offers high commission splits for agents. It employs real estate agents as independent contractors and offers software and support to these agents. NextHome is a franchise brokerage, meaning that it offers centralized services to franchise operators who manage separate locations across the country.
Agents join Home61 and access its suite of services via online portal. NextHome provides traditional real estate brokerage services as well as a number of software offerings and virtual services to its agents. For example, NextHome offers access to marketing tools, CRM systems, and training sessions.
Similar to most traditional brokerages, real estate commissions charged to buyers and sellers working with NextHome are negotiated on a case-by-case basis with agents.
NextHome is privately held.
According to most public sources, NextHome has multiple commission models, as each franchise operator sets their plan. Most local markets offer some variation of a 100% commission split with monthly fees as well as per-transaction plans and high-commission split plans.
As of late 2019, NextHome had just over 3,200 agents.