Keller Williams Realty

Keller Williams Realty

Keller Williams Realty
#206

Initial Investment

LOW: $183,947
HIGH: $336,995

Change in Units

+6.2% +47 UNITS (1 Year)
+9.2% +70 UNITS (3 Years)

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Promoted Opportunities

Company Profile

Founded

1983

Franchising Since

1987 (29 Years)

Corporate Address

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

CEO

Chris Heller

About Keller Williams Realty

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.

Financials

Financial Requirements

Initial Investment

$183,947 - $336,995

Liquid Cash Requirement

$150,000

Ongoing Fees

Initial Franchise Fee

$35,000

Ongoing Royalty Fee

6%

Franchise 500® Rank History

Highest Rank: 44

Lowest Rank: 415

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: as needed

Training at headquarters: 28 hours

Ongoing Support
Toll-Free Line
Grand Opening
Security

Marketing Support
Regional Media

Absentee Ownership Allowed

Number of employees required to run: 3 - 4

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: October 12th, 2016

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