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Keller Williams Realty, Third Largest Company

By
Real Estate Agent with Star State Homes Realty TX Lic# 0519122

You may ask yourself:

  1. Is becoming a Realtor a good thing to pursue in todays economic times?
  2. Can I really make a living selling Real Estate today?
  3. Can I really make a difference to anyone today or for that matter will "What I do" matter to anyone?
  4. I already like the Real Estate Company "I work For". Would "Going into business with" and making the leap to a new Real Estate company really change my career, my financial situation, my life?

The answer to these questions is; YES, YES, YES AND YES!   You may also ask yourself; "If the answer is YES, then why not go to the number one or two company"? Consider this. Keller Williams Realty has become number three in a very short thirteen years being franchised. We are not the "Little engine that could" We are the "Bold company that CAN".   Mistakes happen! SUCCESS takes a vision and planning.  

Call me today to see how you too can become part of this wonderful family company.  

Founded in 1983, Keller Williams Realty Inc. is the third-largest real estate franchise operation in the United States, with 679 offices and 74,000 associates in the United States and Canada. The company, which began franchising in 1990, has an agent-centric culture that emphasizes access to leading-edge education and promotes an economic model that rewards associates as stakeholders and partners.  

Keller Williams Realty Climbs to
Third-Largest Real Estate Franchise in United States

 

Company outpaces market with financial model, agent-centric initiatives

 AUSTIN, TEXAS (March 2, 2009) - Keller Williams® Realty Inc., announced last week at its annual convention in Orlando, Fla. that it is now the third-largest real estate franchise in the United States, surpassing RE/MAX® International. According to Steve Murray of REAL Trends, a leading source of analysis and information in the residential real estate industry, the Austin, Texas-based company claimed the number three spot with 72,794 U.S. associates at the end of 2008.

"The success of Keller Williams Realty can be directly attributed to the hard work and perseverance of our associates and the soundness of our economic and organizational models," said Mark Willis, CEO of Keller Williams Realty, Inc. "While others might be looking at this market and seeing fear and uncertainty, we have always approached it as our opportunity to shine and grow. And that mindset has paid off."

The company has been gaining ground for the last three years, outpacing pervasive downward trends in the real estate industry. Comparing the average annual performance of the company from 2004 - 2005 (before the shift in the real estate market) to 2006 - 2008, Keller Williams Realty increased its associate count by 52 percent, while market share for its offices increased 83 percent and agent gross commission income went up 35 percent. Keller Williams Realty has 679 offices operating in the United States and Canada. In 2008, the company shared more than $30 million in profits with its associates through its profit sharing program.

"Through profit share, our phenomenal coaching and training and our technology offerings, we are offering agents their own ‘bailout plan' for this market." Willis added.

The company also announced that after years of searching for a partnership to provide its associates with affordable health insurance, they are moving forward with a solution.

The soon-to-be-launched Keller Williams Health Providers Program will include options for major medical, limited medical, catastrophic coverage and a separate cancer plan. The health insurance coverage is the first step toward a total wellness program for associates.

"We have always been very aware that as independent contractors, our agents face barriers to obtaining health coverage," said Mary Tennant, president and COO of Keller Williams Realty." We know that for many, this new option may alleviate some of the stress that they face in today's economy. After all, our associates are not just our partners - they are our family."

Last fall, the company also announced the launch of KW Commercial, a new division of the company dedicated to providing commercial real estate associates with specialized technology, marketing tools and resources. KW Commercial already has more than 220 active brokers across the U.S. and Canada.

"Our goal is to create synergy between the residential and commercial sides of our Keller Williams offices, raising the bar for the service we provide to our clients," said Buddy Norman, president of KW Commercial. "We envision our commercial and residential agents working side-by-side, sharing referrals and helping our offices grow."

"Our growth in the last year and now becoming the third-largest real estate company in the United States was a true team effort and a company-wide win. We are so grateful for all of the leadership and commitment our associates have shown to power through this shift," added Willis.

Diane Donnelly
Keller Williams Flagship - Annapolis, MD
Anne Arundel County, MD Real Estate

Hi Eric!

Love the post and Love the company! I joined Keller Williams in January 09.  I have worked for the 100% commission structured companies and made a ton of money but had no guidance.  I worked for one of the most visable companies locally, but they are financially struggling because of their debt load, and I was on the highest split and did the math..... Then I made the move to Keller Williams.

I am thrilled I did.  It is the most sharing company I have ever worked for.  What do I mean by that? I am amazed on a daily basis with the teamwork, idea sharing, idea generating, company and associate focus that KW exudes.

The difference with the business model of KW versus any of the other brokerages, is that the more profitable the company is, the more profitable you are.  What kind of crazy, positive energy does that create? It is a brilliant concept, and one that I am proud and honored to be a part of.

Thanks for the post!! I agree wholeheartedly!

Diane Donnelly

Apr 02, 2009 02:18 AM
Donald Wenner
Keller Williams Maplewood Mid-Town Direct - Florham Park, NJ

Positive energy for sure.... I second that emotion from Diane above.

Great post Eric!

DW

Apr 02, 2009 02:41 AM
Eric LaMay
Star State Homes Realty - Keller, TX
Star State Homes Realty

Thanks for all your impute. I meant what I said that we are NOT the little engine that could but the Big Company that CAN.

Spread the word and I am confident that we will rise above those other two sister companies, and millions in debt, to become America's number one Real Estate company of choice.

Apr 02, 2009 05:26 AM