Keller Williams’ growth
Keller Williams Realty, Inc. (KW) has announced at their agent count now places them as the second largest real estate brokerage in America.
Including their Canadian agents, KW had 79,315 agents and 701 market centers at the end of 2010, up 13% from 2009. The brokerage aims to add 75,000 more agents by 2020.
Mark Willis, CEO of KW notes that profit share rose 7.2% in 2010 to $34.6 million garnered by agents. KW announced the volume of contracts closed volume was up 9% and contracts closed in units was up 6% as well.
Since 2005, KW has increased in number of agents by 30%, and number of market centers has risen by 40%. Size may not be everything, but KW also rose 21% in closed units.
Do you think KW will meet their goal of adding 75,000 agents in ten years or is another brokerage poised to take the top spot by 2020?
