Keller Williams, the largest company in the world in the real estate franchising sector (regarding the number of consultants) broke new records in the last quarter of 2016 with regard to the number of consultants, profits and profit sharing. In addition, the available indicators point to a strong first quarter in 2017.
4th Quarter and Year 2016 Results
John Davis, President of Keller Williams, during the presentation of the results stated that:
"Our consultants and local management teams demonstrated performance at the level of the great champions. By leveraging technology, training and our tools to achieve their goals and by focusing on the most impactful activities, they boosted their results, which allowed them to help them finance their lives and create opportunities for their families ".
4th Quarter 2016 Results
- The consultants closed 238,056 transactions in the 4th quarter, an increase of 17.1% over the 4th quarter of 2015;
- Consultants reached 62,464 million euros in sales volume, 22.2% above the 4th quarter of the previous year;
- The franchisee's profit in the 4th quarter was 23.5% above the 4th quarter of 2015;
- Profit sharing increased by 27.1% compared to the fourth quarter of 2015, to € 30.2 million.
Results for the 2016 annual financial year
- Keller Williams is the real estate franchise chosen by 154.979 members worldwide, 15.1% more than in 2015;
- Closed transactions totaled 977,603 units, 15.9% up on 2015.
- The sales volume was 295 billion euros, 19.6% more than in 2015.
- The franchisee's profit was 166.8 million euros, up 16.1% over 2015.
- Profit distributions totaled 143.1 million euros, an increase of 18.9% over 2015.
About Keller Williams Realty, Inc.
Keller Williams Realty, Inc., based in Austin-Texas-USA, is the world's largest real estate franchise in number of consultants, with more than 800 agencies and 154,000 consultants in the Americas, Europe, Africa and Asia.In 2016, Training Magazine named Keller Williams as the No. 1 training organization among all industries worldwide.
Since 1983, Keller Williams has grown exponentially and continues to cultivate a consultant-centered culture based on training and technology, rewarding consultants as stakeholders. The company also provides consultants specializing in luxury homes, commercial properties, farms and estates.