Le Lézard
Classified in: Business
Subjects: EARNINGS, Sales

Keller Williams Reports YTD '22 Results


Keller Williams (KW), the world's largest real estate franchise by agent count, reports YTD '22 results, having achieved significant worldwide growth and topped corporate culture rankings.

"As we face increasing macroeconomic headwinds, we are preparing for what we expect to be a slower growth period," said Sajag Patel, chief operating officer, KW. "Yet, our value proposition in training and coaching is specifically geared to enable our agents to take more market share during economic shifts."

"To embrace the market of the moment in Q3 '22, we purposely launched four new business communities as agents are wanting a greater sense of connection, empowerment, and impact," said Patel. "Developed in partnership with agents, communities are one more way we're enabling entrepreneurs to thrive in this fast-shifting market."

United States and Canada (production in YTD '22)

"While we are less than pleased to report our sales volume is down by a low single digit percentage year to date, there's immense opportunity in this market for our agents," said Marc King, president, KW. "And, we are leaning into our powerful culture, training and technology to enable our agents to map a growth trajectory for their businesses based on the new math required by this market."

"We have moved from a speed-based market to a skill-based market," said King. "Lead conversion rates from months back are no longer applicable to find those motivated to transact in this market."

Keller Williams is home to 177,377 agents in the United States and Canada and 17,076 agents operating outside of the United States and Canada, for a total of 194,453 agents worldwide, as of Sept. 30, 2022. In Q3 '22 alone, KW added 1,711 net agents across the U.S. and worldwide regions.

Keller Williams Worldwide (KWW) Momentum (production outside U.S. and Canada in YTD '22)

"Our proprietary systems and models, training and technology are a powerful combination that has attracted more than 17,000 international agents to the Keller Williams brand," said William E. Soteroff, president, KWW, the international division of Keller Williams.

"The continued rapid pace of our multinational growth fulfills a dream that started with Gary Keller nearly 40 years ago ? for entrepreneurs across the globe to thrive at KW," said Soteroff.

Outside of the U.S. and Canada, KWW's regions include: Albania; Argentina; Aruba; Belgium; Belize; Bermuda; Bolivia; Bonaire; 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; Nicaragua; Northern Cyprus; Panama; Paraguay; Peru; Philippines; Poland; Portugal; Puerto Rico; Romania; São Paulo, Brazil; Saudi Arabia; Serbia; Sint Maarten; Slovenia; Southern Africa; Spain; Suriname; Switzerland; Thailand; Turkey; Turks and Caicos; United Kingdom; Uruguay; and Vietnam.

Corporate and Industry Highlights

About Keller Williams

Austin, Texas-based Keller Williams, the world's largest real estate 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.

Since 1983, the company has cultivated an agent-centric, technology-driven and education-based culture that rewards agents as stakeholders. For more information, visit headquarters.kw.com.


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News published on 3 november 2022 at 15:05 and distributed by: