To agents who have experienced Keller Williams Realty it came as no surprise that Keller Williams Realty dominated REALTOR Magazine’s 2011 Franchise Report! The report outlined the fact that 54% of REALTOR members were affiliated with a national or
regional franchise. Due to difficult market conditions most franchise companies have or are currently experiencing severe contraction. RE/MAX Real Estate has seen a net loss of 700 offices over the course of the last two years & CENTURY21 Real Estate has lost 901 offices over the same time period. While this severe contraction is common place REALTOR Magazine notes “one notable exception is Keller Williams, which has continued to see a net growth in agents and numbers of offices.”
In fact, this comes on the heels of recognition from REAL Trends, Inc., a leading source of analysis and information on the residential brokerage and housing industry. In their annual REAL Trends 500 report, an industry ranking report, Keller Williams Realty was shown to represent 24% or 119 of the top 500 offices ranked by closed transactions and 28% or 138 of the top 500 offices ranked by closed volume. The number of Keller Williams Realty offices ranked on the list surpassed all other major franchise players – with twice the number of brokers represented (by closed transactions) and almost three times the number of brokers represented (by closed volume) compared to Coldwell Banker, currently the largest real estate company in the U.S. by agent count.
Along with growth in numbers, the company received many accolades in 2010 including:
· Entrepreneur magazine, No. 1 ranked real estate franchise on the 31st Annual Franchise 500 list
· J.D. Power and Associates, highest in overall satisfaction ratings from home buyers among the largest full-service real estate firms for the third year in a row
· Inman News, Co-Founder and Chairman of the Board Gary Keller named one of the 100 Most Influential Leaders in Real Estate
· Training Magazine, highest ranking real estate franchise on the annual Training Top 125, #47 Overall
Bottom line, the old models are showing that they don’t work and that they are antiquated. When you choose who to align with to build your real estate career you should choose carefully. Do you want to partner with companies whose models are losing agents, losing offices and most important losing money? Or do you want to partner with a company that is the fastest growing real estate company in the U.S.?
Tags: Century 21, Century 21 Losing Agents, Coldwell Banker, Keller William Realty, Keller Williams, Keller Williams Agent Growth, Keller Williams Careers, Keller Williams Closed Sales Volume, Keller Williams Closed Units, Keller Williams Coeur dAlene, Keller Williams Growth, Keller Williams North Idaho, Keller Williams Number 1 Real Estate Franchise, Keller Williams Realty, Keller Williams Realty Coeur d'Alene, Keller WIlliams Realty REAL Trends 500, Keller Williams Realty Sandpoint, Keller Williams Sandpoint, Profit Sharing, REAL Trends 500 Report, Training Magazine Top 125 Training Companies
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regional franchise. Due to difficult market conditions most franchise companies have or are currently experiencing severe contraction. RE/MAX Real Estate has seen a net loss of 700 offices over the course of the last two years & CENTURY21 Real Estate has lost 901 offices over the same time period. While this severe contraction is common place REALTOR Magazine notes “one notable exception is Keller Williams, which has continued to see a net growth in agents and numbers of offices.”