NextHome Inc. has been recognized by The Financial Times as one of Americas’ 500 Fastest-Growing Companies. This marks NextHome’s third year on the list.
The Americas’ Fastest Growing Companies 2024 ranking was compiled through a partnership between the Financial Times and Statista Inc., a globally-recognized statistics database and industry ranking provider.
The list identified companies with the strongest revenue growth between the years 2019 and 2022.
“Not only are we continuing to grow, but we are growing with people who are really good at what they do,” said Charis Moreno, NextHome’s Vice president of Sales. “NextHome’s commitment to putting humans over houses resonates with buyers and sellers, but it also attracts the best and brightest real estate professionals to become franchisees. We grow with great people and support them really well. When our members and clients succeed, we all grow together.”
Statista’s detailed ranking process began with a list of more than 30,000 eligible companies spanning both North and South America. Only those companies meeting specific criteria were invited to apply.
During the research phase, Statista narrowed its focus to 1,000 publicly listed companies in addition to high-profile companies that met specific criteria. These criteria included minimum revenues in 2019 and 2022, independence, and primarily organic growth.
Finally, each company’s compound annual growth rate (CAGR) was calculated using revenue figures that were verified by the companies. The top 500 companies that met various criteria were ranked, with a minimum growth rate of 9% required for inclusion.
NextHome was ranked 485 on a list dominated by IT, software, advertising, and marketing companies.
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 over 600 offices and 6,000+ members across the country. The company closed over 29,000 transactions in 2023 worth over $10B in volume.