|
Can we expect to see an explosion in numbers in the Keller Williams® organization? Not according to Gary Keller's projections. Unlike many other International franchises where the "office on every corner" concept seems to prevail, KWR has a very limited growth potential.
Our success does not depend on saturating the nation's markets with multiple franchises. We are focused on long term profits for brokers, not royalties, because we are focused on profit sharing. Everyone's best interests are best served through making KWR a limited franchise ownership opportunity. For example, you can't buy a franchise in Austin, San Antonio or Houston, because they are all sold out. KWR uses a unique formula to determine it's franchise territories based on commissions generated historically over time. "We are looking at the potential income and profits for each area, and using that as a basis for creating office territories."
One of the values of being part of Keller Williams® involves its profit share system. It is the most significant compensation innovation in real estate history; an open-end profit-share program. This system allows any Keller Williams® associate, affiliate broker or employee the opportunity to participate in the profits they help generate without assuming any financial risks.
This program goes beyond ordinary income opportunities. Through our associate vesting program, it continues for life, even after an associate stops listing and selling real estate. It is an insightful look at what future compensation programs will be measured against.
|