Frequently Asked Questions

Q. "Do I need a real estate broker's license in order to be approved for a franchise?"
A. Most states require that real estate sales agents work only under a licensed real estate broker. So if you don't have a broker's license, you will have to hire a broker, if required by your state.

Q. "How much is the franchise fee?"
A. The franchise fee for a New Home Professionals franchise is $35,000.

Q. "Can I run my New Home Professionals business out of my home?"
A. While the business can be run from a home office, zoning and other laws that regulate home-based businesses vary greatly from city to city. Check with your local authorities for restrictions in your area, or seek professional advice. Because of these restrictions, and in order to project a professional image in the public, we strongly recommend that you lease office space of approximately 500 to 1000 square feet for your New Home Professionals business.

Q. "I have aggressive goals for my business. Is it possible to own more than one franchise?"
A. Although our basic franchise model is for a single-unit franchise, we also offer a multi-unit option for people who meet additional business, financial, and managerial qualifications.

Q. "How much does it cost to open a New Home Professionals franchise?"
A. The total investment required for a New Home Professionals franchise ranges from $60,400 to $96,000, including initial working capital. Full details about this initial investment range are included in our Uniform Franchise Offering Circular. Ask our franchise representative for information on how to get a copy.

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