Keller Williams Realty (KW), the world’s largest real estate franchise by agent count, today announced their year to date 2022 results, reporting significant worldwide growth and having topped corporate culture rankings.
“As we face increasing macroeconomic headwinds, we are preparing for what we expect to be a slower growth period. Yet, our value proposition in training and coaching is specifically geared to enable our agents to take more market share during economic shifts. To embrace the market of the moment in Q3 ’22, we purposely launched four new business communities as agents are wanting a greater sense of connection, empowerment, and impact. Developed in partnership with agents, communities are one more way we’re enabling entrepreneurs to thrive in this fast-shifting market.”Sajag Patel, chief operating officer, KW.
United States and Canada
(production in YTD ’22)
- Agents closed $381.4 billion in sales volume, down 3.0% YTD
- Agents closed 884.5 thousand transactions YTD ’22, down 12.6% YTD
- Agents took 536.7 thousand new listings (new inventory), down 7.7% YTD
- Agents wrote 962.4 thousand contracts (projected closings), down 13.9% YTD
- Contracts written volume was $414.7 billion, down 4.7% YTD
Keller Williams is home to 177,377 agents in the United States and Canada and 17,076 agents operating outside of the United States and Canada, for a total of 194,453 agents worldwide, as of Sept. 30, 2022. In Q3 ’22 alone, KW added 1,711 net agents across the U.S. and worldwide regions.
Keller Williams Worldwide (KWW) Momentum
(outside U.S. and Canada in YTD ’22)
- As of Sept. 30, agent count outside the U.S. and Canada was 17,076, up 21.2% YTD
- Agents closed 56.0 thousand transactions YTD in 2022, up 25.3% YTD
- Agents closed $11.1 billion in sales volume, up 29.8% YTD
- Agents took 85.0 thousand new listings (new market inventory), up 2.1% YTD
- Agents wrote 65.5 thousand contracts (projected closings), up 23.1% YTD
- Contracts written volume was $9.5 billion, up 21.3% YTD
“Our proprietary systems and models, training and technology are a powerful combination that has attracted more than 17,000 international agents to the Keller Williams brand. The continued rapid pace of our multinational growth fulfills a dream that started with Gary Keller nearly 40 years ago — for entrepreneurs across the globe to thrive at KW,” ,” said William E. Soteroff, president, KWW, the international division of Keller Williams.
Corporate and Industry Highlights
- In July, Forbes ranked KW No. 48 on its annual America’s Best Employers for Women list.
- In July, KW announced an expansion into Bolivia.
- In August, Forbes featured KW on its annual list of Best Employers by State 2022.
- In July, KW announced three business communities — KW Wealth, KW Relocation, and KW Style to Design — in support of recognized and emerging real estate market segments.
- In August, KW opened Mega Camp to agents across the real estate industry.
- In August, KW launched a new global tagline as part of the company’s ongoing transformation and culture of supporting entrepreneurial visionaries.
- In September, KW released the expanded second edition of Your First Home: The Proven Path to Homeownership, a book that serves as a consumer guide to home buying.
- In September, KW unveiled the Real Estate Planner community around wealth management services.
- In September, KW president Marc King spoke at the LGBTQ+ Real Estate Alliance.