Keller Williams Realty Franchise

Real estate

As two young real estate agents working for what was then the largest real estate company in Austin, Texas, Gary Keller and Joe Williams believed that a company should work for its employees rather than the other way around. So the two men joined forces to found Keller Williams Realty in 1983. Four years later the partners began franchising. With offices throughout the country, Keller Williams encourages agents to recruit others into the company through profit-sharing.

Please Note: The operators of Keller Williams Realty, may not have verified the accuracy of the franchise information contained within this website. For accurate up-to-date information, customers are strongly recommended to visit the official Keller Williams Realty website.

Start-up Costs & Franchise Fees

How much does it cost to open a Keller Williams Realty franchise?

Total Investment: $121,000-$252,000
Initial Franchise Fee: $25,000
Royalty Fee: 6%
Advertising Fee:
Term of Agreement: 5 years
Renewal Fee: $2.5K

How to contact Keller Williams Realty

Keller Williams Realty News

Bell Tolls For Subprime Lenders And Loans
This week Middletown, CT-based subprime lender Mortgage Lenders Network USA (MLN) pulled the plug on its loan originating operations after growing from 7 to 1,800 employees in 10 years. Considered the 11th largest subprime mortgage company, feeding some 12,000 brokers, Agoura Hills, CA-based Own... more

Long-term Fixed-rate Mortgage Rates Flat This Week In Light Of Mixed Economic Reports
Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.18 percent with an average 0.4 point for the week ending January 4, 2007, unchanged from last week when it averaged 6.18 percent. Last year at this... more

Default And Fraud Take Center Stage
It's easy to point your finger. It's also much easier to point that finger when there's so much damning evidence. Non-prime mortgage loans issued to borrowers are being foreclosed upon at accelerated rates. Non-prime mortgage lenders are closing their doors as fast as they can because th... more

Agent Experience, Training Could Affect Home Sale
Just after the holidays, I decided to preview a few homes in the area to see what's available in my market area as we approach the new year. What I found is a phenomenal selection of houses with various amenities and value adds. What was disheartening was the apparent lack of market knowledge of... more

Ask Realty Times
Question: Is there a way for a second buyer who is 100 percent preapproved to make purchase offer on a home that can remove a first buyer's contingent contract? The seller would like to get out of the first buyer's contingency to as he needs to wait 2.5 months and is desperately wanting to b... more

View all Keller Williams Realty Press Releases

Franchise History

When did the first Keller Williams Realty open? 1983
When did Keller Williams Realty start franchising? 1987

Year	U.S.A.	Canada	International	Corporate
2004	375	7	0	0
2003	284	3	0	0
2002	211	4	0	0
2001	171	3	0	0
2000	159	2	0	0

Expansion Plans

International: Canada,

Financing Options

Expense	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	No
Equipment	No	N/A
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Training & Support

Training
Ongoing country-wide

Support
Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations

Marketing
Regional advertising

Business Operations

30% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 3 - 4

Absentee ownership of franchise is allowed. (85% of current franchisees are owner/operators)

Qualifications & Business Experience

Business Experience:

Industry experience

General business experience

Marketing skills

• Real Estate Franchise Opportunities
• Franchises $100K to $250K

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Legal Disclaimer: This information is not a franchise offering for Keller Williams Realty and should not be construed as such. TheFranchiseMall.com makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Keller Williams Realty franchise opportunity, review that franchise's Uniform Franchise Offering Circular (UFOC) with an attorney and accountant.