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Who owns keller williams real estate

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Keller Williams Real Estate is one of the largest and most prominent real estate franchises in the United States. As a prospective buyer, seller, or investor, it is essential to understand the ownership structure of this renowned company. In this expert review, we will delve into the ownership of Keller Williams Real Estate in the US, providing informative insights into its structure, ownership entities, and the benefits they bring to the company and its clients.

Keller Williams Real Estate Ownership Structure: Keller Williams Realty International (KWRI) is the global parent company that oversees the operations and growth of Keller Williams franchises across the globe. However, KWRI does not directly own individual Keller Williams offices in the US. Instead, each Keller Williams office is independently owned and operated by local entrepreneurs who have acquired a franchise license.

Franchise Ownership at Keller Williams: Keller Williams follows a franchise business model, allowing local entrepreneurs to own and operate their real estate offices under the umbrella of the Keller Williams brand. These franchise owners, known as Operating Principals, are responsible for the day-to-day operations of their offices, including recruiting and training agents, marketing, and providing support to clients.

The significance of the Franchise

Austin, TXKeller Williams Realty / Headquarters From its headquarters in Austin, Texas, Keller Williams Realty International employs a staff of about 100 people who provide training and support for more than 46,000 Keller Williams Realty Inc. agents in the United States and Canada.

Who founded KW?

Gary W. KellerKeller Williams Realty / FounderGary Keller is an American entrepreneur and best-selling author. He is the founder and Executive Chairman of Keller Williams, which is the largest real estate company in the world by agent count and second in closed sales volume, and units sold. Wikipedia

Who is Keller Williams biggest competitor?

9 Customers rate Keller Williams' Pricing Score a 2.7/5, which ranks it 4th against its competitors, below Coldwell Banker.
  • 1st. KKR. 3.7 / 5.
  • 2nd. Zillow. 3.6 / 5.
  • 3rd. Coldwell Banker. 2.8 / 5.
  • 4th. Keller Williams. 2.7 / 5.
  • 5th. Realty ONE Group. 2.6 / 5.
  • 6th. RE/MAX. 1.5 / 5.

Why is Keller Williams so successful?

Keller Williams's belief system offers a unifying template for action and understanding, reminding associates that customers always come first, trust begins with honesty and people drive success. This system itself is proof of the company's commitment to the belief that everyone achieves more through teamwork.

Why is Keller Williams so expensive?

Keller Williams Sales Model – Franchise And because KW is a franchise brokerage, they do charge agents a 6% real estate tax or “royalty” on every transaction. So really it is a 64/36 split with 64% going to the agent, 30% going to the franchise office, and 6% going to Keller Williams.

Is Keller Williams a public company?

Keller Williams Realty is a private company with an estimated 188,121 employees.

Is Keller Williams the largest real estate company in the world?

Largest Real Estate Companies Research Summary The largest real estate company in the world is Keller Williams Realty, with a revenue of $381.4 billion. As of 2023, the global real estate industry has a market size of $4.4 trillion. Over 5.8 million housing transactions were completed in the U.S. in 2022.

Frequently Asked Questions

Who was the former CEO of Keller Williams?

Mark Willis AUSTIN, TEXAS July 12, 2023 — Keller Williams (KW), the world's largest residential real estate franchise by agent count, announces that Mark Willis, its former CEO, a current franchisee, and a long-standing member of the KW ecosystem, has rejoined the executive team as a strategic consultant.

What is Keller Williams ranked in the US?

Austin, Texas-based Keller Williams, the world's largest real estate franchise by agent count, has more than 1,100 offices and 191,000 agents. The franchise is also No. 1 in units and sales volume in the United States.

Where is the real estate firm keller williams located

Built by agents, for agents, Keller Williams is the future of real estate. Headquartered in the heart of Texas, we're lucky to call Austin home.

FAQ

Who is the largest real estate company in the world?
Largest Real Estate Companies Research Summary The largest real estate company in the world is Keller Williams Realty, with a revenue of $381.4 billion. As of 2023, the global real estate industry has a market size of $4.4 trillion.
How do you get leads with Keller Williams?
One of the best ways to do this is by using KW Command's contact management tools. KW Command allows you to easily capture leads through your website, social media, and other channels, and automatically add them to your database.

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