Keller Williams Continues Growth in 2009

Welcome back!

Having just returned from Family Reunion in New Orleans, I felt it’s important to pass along this great news. Keller Williams Realty reported that, despite the battered economy, it closed out 2009 with increased profit, profit share and associate growth.

According to CEO Mark Willis, who delivered his annual State of the Company address to more than 8,500 convention attendees, the company gave back $32.2 million in profit share to its agents in 2009, up six percent year-over-year. Since the inception of the profit sharing program, the company has given back $270 million in earnings to its agents.

The gains were driven by an increase in agent productivity, with the number of contracts closed per agent increasing by 16 percent year-over-year. On average, the company has grown its business (as measured by the number of closed units) at an annual rate of 27 percent for the past 12 years.

The company also continued to grow by number of associates. While the National Association of REALTORS® (NAR) saw a seven percent decrease in its membership in 2009, Keller Williams Realty grew its associate base by three percent, ending the year with 76,879 associates across North America.

In addition to being named the third-largest real estate franchise in the United States by REAL Trends, the company received accolades throughout the year:

* Entrepreneur magazine, No. 1 ranked real estate franchise on the 31st Annual Franchise 500 list

* J.D. Power and Associates, highest in overall satisfaction ratings from home buyers among the largest full-service real estate firms for the second year in a row

* Inman News, President and COO Mary Tennant named one of the 100 Most Influential Leaders in Real Estate

* Swanepoel TRENDS Report survey, No. 1 Industry Trendsetter of 2009 and 2009 Most Recognizable Real Estate Franchise Brand

* REAL Trends 500, KW offices comprised more than a quarter of the entire list, and of the major brands represented in the report, was the only company to boast growth in both number of agents added to its ranks and in total transactions closed.

* RISMedia’s Power Broker Report, KW again had the largest majority of offices on the list – accounting for 35 percent of all the brokerages listed and was No. 1 in number of agents and total closed transactions.

Contact us to learn more about Keller Williams and a career in Atlanta real estate.