Keller Williams

Keller Williams Franchises: A Comprehensive Guide

Keller Williams is a leading real estate company with a global presence. Founded in 1983 by Gary Keller and Joe Williams, their core goal was to build a company that attracts and retains top talent. This focus is evident in their unique business model, which empowers brokers by making them shareholders.

A History of Success

Keller Williams opened its doors to franchising in 1987. Today, they boast over 800 franchise offices across the United States and over 250 international locations. This impressive growth is a testament to their successful franchise model.

Why Choose a Keller Williams Franchise?

Entering the real estate industry through a Keller Williams franchise offers several advantages. Their profit-sharing model incentivizes agents to recruit new talent, creating a strong and supportive network. This unique system can drive significant growth for your franchise.

Keller Williams consistently ranks high in Entrepreneur's Franchise 500 list. This recognition is based on factors such as financial strength, brand reputation, and franchisee support. These rankings demonstrate their commitment to providing a successful and rewarding franchise opportunity.

Key Considerations

Before committing to a Keller Williams franchise, it's crucial to conduct thorough research and seek professional advice. Consulting with a financial planner and a franchise attorney will help you make an informed decision.

Starting a Keller Williams franchise requires a financial investment. This includes a franchise fee, initial startup costs, and ongoing fees such as advertising, royalties, and potential renewal fees. This investment covers various aspects like training, marketing, and location setup.

You'll also need to meet their specific liquid capital requirements. These requirements ensure you have sufficient funds to manage your franchise effectively.

The Franchise Application Process

If you're interested in becoming a Keller Williams franchisee, the first step is to submit a franchise request form. A Keller Williams franchise representative will then contact you to discuss your interest and the franchise opportunity.

The next steps involve negotiating a fee structure, submitting a formal application, and providing financial information for review. Once approved, you'll sign a master license agreement and a letter of intent. This entire process can take several months to complete.

Once you're officially a franchisee, you'll attend comprehensive training programs to prepare for your new role. This training will equip you with the necessary skills and knowledge to successfully operate your Keller Williams franchise.