Keller Williams Realty, Inc. announced in February that it is the biggest real estate franchise company by agent count in the country, with approximately 80,000 associates. In recent years, Keller Williams Realty posted record growth numbers, surpassing that of RE/MAX, Century 21, and now Coldwell Banker in securing the industry’s top position. The news, based on publically available information, was announced in front of more than 10,000 Keller Williams associates during the company’s annual convention held in Dallas, Texas.
During his standing-room-only, yearly State of the Company address, CEO Mark Willis made the announcement saying, “Keller Williams associates: We are one family. We have one destiny. We share one thing. We are America’s #1 real estate company by agent count!”
Willis also reported strong productivity gains by Keller Williams associates last year. Year over year, per-agent units rose 23 percent, closed volume was up 31 percent, and gross commission income increased 28 percent. Further, a record 91 percent of the company’s offices were profitable that year. The company also announced its final profit share total for the year, which added up to more than $55 million in profits distributed to Keller Williams associates – an increase of 44 percent from the previous year.
Keller Williams Realty President Mary Tennant updated attendees on the company’s charitable 501(c)(3) entity, KW Cares, which last year awarded $2.7 million in grants to associates and their families in need.
And lastly, Keller Williams Worldwide President Chris Heller announced the company’s plans to expand into two new regions: (1) Germany, Austria, and Switzerland; and (2) Turkey. It also previously announced global franchise agreements in Vietnam, Indonesia, and Southern Africa. Heller also extended a big welcome to more than 70 international guests in attendance who were visiting from 18 countries.
“One of the keys to Keller Williams Realty’s phenomenal success has been our ability to grow organically – from agent to agent, from market center to market center, from country to country – earning our reputation one person at a time,” Heller said.
Willis’ presentation was followed by a rousing 30th anniversary party. The No. 1 announcement and celebration capped off a remarkable year for the Austin, TX-based company:
- J.D. Power and Associates ranked Keller Williams “Highest in Customer Satisfaction” among both home buyers and home sellers.*
- Keller Williams ranked No. 9 on America’s Top 150 Workplaces – the only national real estate company on the list.
- And in April, Keller Williams co-founder and bestselling author Gary Keller will publish their latest book, The ONE Thing: The Surprisingly Simple Truth Behind Extraordinary Results.
Willis thanked his associates and implored them to “never back down” from their new position as the largest real estate company in the country: “Let’s celebrate tonight, but watch out, competition. Tomorrow we’re going to be working harder than we’ve ever worked before. The real prize we’re pursuing is to be #1 in agent count and transactions and volume all across the world!”