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Updated RecentlyKeller Williams Realty vs Keller Williams Realty - Market Center Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Keller Williams Realty vs Keller Williams Realty - Market Center including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $183,447 - $336,495 | $32,100 - $336,995 |
| Franchise Fee | $35,000 | $5,000 - $36,947 |
| Royalty Fee | 6% | - |
| Advertising Fee | 1,000/year | - |
| Year Founded | 1983 | 2020 |
| Year Franchised | 1987 | 2020 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | $2.5K | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | Ongoing country-wide | - |
| Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | - |
| Marketing | Regional advertising | - |
| 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) | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | Yes |
Company Overviews
About Keller Williams Realty
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.
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#47 in Franchise 500 for 2020.
#107 in Franchise 500 for 2021.
About Keller Williams Realty - Market Center
!["Keller]("https://fddexchange.com/wp-content/uploads/2020/08/Keller-Williams.png")
Keller Williams Realty has developed a distinctive business system that involves
the delivery of real estate brokerage services and other services
through Keller Williams Realty - Market Centers. They offer the right to develop and operate Market Centers in specific Awarded Areas. They have authorized third parties to act as
their Regional Representatives in specific regions.
The total investment necessary to begin operation of a Keller Williams Realty Market Center
ranges between $183,947 and $336,995. This includes $36,947 that must be
paid to the franchisor. If you sign a Business Center Addendum to the
franchise agreement, the total investment necessary to begin operation
of a Business Center ranges between $32,100 to $91,150. This includes
$5,000 that must be paid to the franchisor.