Keller Williams Expands to Guyana, Amid Record-Breaking Global Growth
Keller Williams (KW), the world's largest real estate franchise by agent count, continues to expand rapidly across the globe. As of December 31, 2021, KW increased sales volume 88.7% outside of the U.S. and Canada to $12.1 billion, compared to YE '20.
"We closed out 2021 with continued record-breaking global growth," said William E. Soteroff, president of Keller Williams Worldwide (KWW), the international division of kwx, the holding company of KW. "As of March 1, we now have more than 15,000 agents across 54 worldwide regions, representing a strong foundation to continue to expand our market share aggressively in 2022."
KWW Momentum (production outside U.S. and Canada year-end 2021)
- As of December 31, agents closed 63.6 thousand transactions, up 57.8% over YE '20.
- Agents closed $12.1 billion in sales volume, up 88.7% over YE '20.
- Agents took 107.8 thousand new listings (new market inventory), up 17.6% over YE '20.
- Agents wrote 74.6 thousand contracts (projected closings), up 46.6% over YE '20.
- Contracts written volume was $10.9 billion, up 69.9% over YE '20.
As momentum continues, KW has awarded a new master franchise in Guyana. Led by Regional Operating Principal Stefan John, KW Guyana is currently initializing operations. In Q2 '22, KW Guyana is expected to open its first market center.
"We are thrilled to announce we're in business with Stefan, a phenomenal leader who is poised to build and embody our culture in Guyana, our ninth master franchise in South America," said Soteroff. "Stefan and his core leadership understands our disruptive model and how it allows agents to thrive."
A seasoned entrepreneur, John founded D&J Group Inc., a company focused on logistics and real estate services catered to the oil and gas industry. With nearly a decade of experience facilitating real estate brokerage services throughout Guyana, John is a well-established business leader in Guyana.
"The real estate market is growing bigger than any other industry besides oil and gas in Guyana," said John. "KW will be the preferred agency that everyone goes to, mainly because the agents will be trained better than anyone else."
"The technology is also positioned well ahead of the competitive set, and our marketing will be unmatched because of what KW offers to franchise holders," said John.
KWW is currently exploring further expansion opportunities across Africa, Central and South America, Central and Eastern Europe, and throughout Asia.
Core criteria for new licensees starts with having a qualified leadership team grounded in the Keller Williams culture; the company also strives for government, banking and judicial system stability and a higher maturity level for a real estate market.
Outside of the U.S. and Canada, KWW's regions include: Albania; Argentina; Aruba; Belgium; Belize; Bermuda; Cambodia; Chile; Colombia; Costa Rica; Cyprus; Czech Republic; Dominican Republic; Dubai, UAE; France; Greece; Guyana; Honduras; Indonesia; Ireland; Israel; Italy; Jamaica; Japan; Luxembourg; Malaysia; Mexico; Monaco; Mongolia; Morocco; Nicaragua; Northern Cyprus; Panama; Paraguay; Peru; Philippines; Poland; Portugal; Puerto Rico; Romania; São Paulo, Brazil; Serbia; Sint Maarten; Slovenia; Southern Africa; Spain; Suriname; Thailand; Turkey; Turks and Caicos; United Kingdom; Uruguay; and Vietnam.
About Keller Williams
Austin, Texas-based Keller Williams, the world's largest real estate technology franchise by agent count, has more than 1,100 offices and 200,000 associates. The franchise is also No. 1 in units and sales volume in the United States. kwx is the holding company of Keller Williams.
In 2020, Keller Williams initially began the formation of kwx. kwx is composed of Keller Williams, Keller Williams Worldwide and Keller Home Financial Services, consisting of Keller Mortgage, Keller Offers, Keller Covered, Keller Title and The Partnership Program.
Since 1983, the company has cultivated an agent-centric, technology-driven and education-based culture that rewards agents as stakeholders. For more information, visit kwx.kw.com.
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