I just got this email straight from Keller Williams Realty National convention taking place in Orlando Florida right now.
SUPERSTARS,
I have to say, this is a total affirmation that we what we are doing together each day is working!
This just in from the State of the Company at Family Reunion, you can follow along at : http//search.twitter.com/search?=kwfr.
Keller Williams has announced that we are the #3 Real Estate company in the US overtaking Re/Max by 3686 agents.
Effective March 24th, 2009 KW Agents will be offered Health, Dental, Vision and Catastrophic and pre-existing insurance to their agents. (This ROCKS)
NAR membership down 10.5%. KW only down 6.9% outperformed NAR by 30%!!!!!
Only company IN NORTH AMERICA TO GROW, Remax has 72 countries, Realogy (Coldwell Banker, C21, ERA) being sued for $2 B by investor!
Keller Williams has no debt and profited every QTR in 08 and shared over 2 million in owner profit to associates and no, no, I repeat no layoffs at KWRI!!!!!!!
Is this a great *&ING company or what, sorry MO
Excerpt from Mark Willis's State of the company speech:
"While we're on the discussion about KW's disproportionate growth, We'd like to share with you a report that was given to me by a very close industry insider. They say Prudential is unstable and losing market share. GMAC has an identity crisis. They've had to change their name in the last ten years and now they have to change their name again because they've been sold. Realogy, they report, has so much debt, that to survive in the current market, they will most likely have to restructure. And we don't know what that will mean, but we do know, that for North America, out of the top five or six franchisors, only two are considered stable and growing. The brands of these companies have stayed intact and they've actually grown in market share over the last few years. And those two are: Re/Max and Keller Williams. The fact that Keller Williams has done this in only North America, makes this even more impressive, because for Re/Max, Century 21, and Coldwell Banker, much of the press they've received, is about international expansion. For example, Re/Max just signed India, its 72nd country, in late January. These other companies, over the last couple of years, have been growing largely outside of North America, NOT INSIDE North America as has Keller Williams."
"Now we would like to share information about the top-ranked real estate companies by agent count. We received this data from Steve Murray, the owner of REAL Trends. These numbers represent the U.S. agent count of our competitors. He was unable to get the Canadian count.
You can see where the number one real estate company is Coldwell Banker, with just over 101,000 associates, compared to a 2007 agent count of more than 109,000. Coldwell Banker went backwards by more than 7% last year.
In second place is Century 21. They ended 2008 with just over 95,000 associates in the U.S. That number declined from their 2007 agent count of more than 105,000 agents, representing a 10% decline in 2008.
Ending 2008, with 72,794 U.S. agents, down from 78,441 agents in 2007, it is my distinct honor to announce, for the very first time ever, the number three real estate company in agent count in the United States, Keller Williams! We set a goal to first get in front of Re/Max in the U.S. in agent count and we should take enormous pride in this achievement. CONGRATULATIONS Keller Williams!!!! By the way, system-wide, including Canada, KW ended 2008 with 74,175 associates.
Let's take a look at the performance of Re/Max. Re/Max ended 2008 with a total of 69,108 agents, down more than 19% from their 2007 U.S. year-end agent count of 85,737. So, the truth is we only beat them by a hair, and this should give you a glimpse of what we'll have to do in 2009 to maintain and widen our lead. ..........
In 5th place is Prudential with just over 62,000 associates, down from 68,000 at the end of 2007. Overall down by about 9%.
This information provides overwhelming evidence that the Keller Williams models will power you through the shift and build disproportionate market share to outperform the market."
Bryan Knight, REO Specialist in Las Vegas, NV
Follow me at www.twitter.com/KnightREO
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