Keller Williams

Keller Williams

Real estate
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2021 Franchise 500 Rank
#107 Ranked #47 last year
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Initial investment
$183K - $336K
Units as of 2020
1,055 19.2% over 3 years

Company Overview

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.

About Keller Williams

Industry
Services (Other)
Related Categories
Real Estate
Founded
1983
Parent Company
Keller Williams Realty Int'l.
Leadership
Gary Keller, Chairman & CEO

Franchising Overview

Franchising Since
1987 (34 years)
# of employees at HQ
338
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
1,055 (as of 2020)

Franchisor Information

Corporate Address
1221 S. MoPac Expwy., #400
Austin, TX 78746

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Keller Williams franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$35,000
Initial Investment
$183,447 - $336,495
Cash Requirement
$150,000
Royalty Fee
6%
Ad Royalty Fee
$1K/yr.
Term of Agreement
5 years
Is franchise term renewable?
Yes

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
40 hours
Classroom Training
40 hours
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
3
Are exclusive territories available?
No

Franchise 500 Ranking History

Compare where Keller Williams landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Keller Williams ranked on other franchise lists? Find out below.

Ranked #107

Franchise 500 Ranking

Ranked #22

Top Global Franchises

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021