Keller Williams, the world’s largest real estate franchise by agent count, shattered its Q4 and year-end records for agent production, profit, and profit share, according to Inman News.
Q4 2016 Results
- Agents closed 238,056 transactions in Q4, up 17.1 percent over Q4 2015.
- Agents closed $67.1 billion in sales volume, up 22.2 percent from previous Q4.
- Franchisee owner profit in the fourth quarter was up 23.5 percent over Q4 2015 to $37.9 million.
- Profit share increased 27.1 percent over Q4 2015 to $32.4 million.
Year-End Results (as of December 31)
- Franchise is home to 154,979 global associates, up 15.1 percent over FY2015.
- Closed transactions totaled 977,603 units, up 15.9 percent over FY2015.
- Sales volume was $273.6 billion, up 19.6 percent over FY2015.
- Owner profit was $179.9 million, up 16.1 percent over FY2015.
- Profit share distributions totaled $154.4 million, up 18.9 percent over FY2015.