Keller Williams Realty

Real estate

Franchise Growth Cost & Fees Training & Support Rankings

Year began: 1983 Franchising since: 1987
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.

807 Las Cimas Pkwy., #200
Austin, TX 78746

Phone: (512)327-3070
Fax: (512)328-1433

Franchisor has 175 employee(s); 15 employee(s) in franchise department.

Franchise Growth

Year

2007
2006
2005
2004

U.S. Franchises

651
578
450
375

Canadian Franchises

13
12
8
7

Foreign Franchises

0
0
0
0

Company
Owned

0
0
0
0

Costs & Fees

Total investment: $174.6K-557.5K
Franchise fee: $25K
Ongoing royalty fee: 6%
Term of agreement: 5 years, renewable

Type of Financing Available
	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	No
Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Training & Support

TRAINING

Available at headquarters: Ongoing
At franchisee's location: Ongoing

ONGOING SUPPORT

Newsletter
Meetings
Internet
Field operations/evaluations

MARKETING SUPPORT

National media
Other marketing support: In-house marketing department

Rankings in Entrepreneur magazine 2004-2008

Franchise 500® rank:
#66 (2008); #44 (2007); #66 (2006); #70 (2005); #128 (2004);

Fastest-Growing Franchises:
#54 (2008); #26 (2007); #52 (2006); #36 (2005); #54 (2004);

America's Top Global Franchises:
#62 (2008); #45 (2007); #61 (2006); #68 (2005); #100 (2004);