Keller Williams Realty

Founded: 1983 Franchising since: 1987
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.

807 Las Cimas Pkwy., #200 Austin, Texas 78746

Phone: (512)327-3070

Franchisor has 175 employee(s); 15 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	675	13	0	0
2008	679	13	0	0
2007	651	13	0	0
2006	578	12	0	0
2005	450	8	0	0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Canada

Exclusive territories available.

Special Programs
Keller Williams Realty Market Centers are involved with Habitat for Humanity and food bank drives.

Total investment: $174.6K-557.5K Franchise fee: $25K

Ongoing royalty fee: 6% Term of agreement: 5 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	No
Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Cash liquidity requirement: $150K+
Business Experience:

• Industry experience
• General business experience

Operations

• 30% of all franchisees own more than one unit
• Number of employees needed to run franchised unit: 3 - 4
• Absentee ownership of franchise is allowed. (85% of current franchisees are owner/operators)

Training

• Available at headquarters: Ongoing
• At franchisee's location: Ongoing

Ongoing Support

• Newsletter
• Meetings
• Internet
• Field operations/evaluations

Marketing Support

• National media

Other marketing support

• In-house marketing department

Franchise 500® rank:
#71 (2009); #66 (2008); #44 (2007); #66 (2006); #70 (2005);

Fastest-Growing Franchises:
#54 (2008); #26 (2007); #52 (2006); #36 (2005);

America's Top Global Franchises:
#61 (2009); #62 (2008); #45 (2007); #61 (2006); #68 (2005);