Keller Williams

Keller Williams

Information based on 2024 FDD

Real Estate · Residential Brokerage

Investment min
$131K
Total: $131K–$424K
Avg gross revenue
N/A
Unit-level, 2024
Franchise fee
$21K
Per current disclosure
Royalty
N/A
Locations
18
Franchising since 1987

Description

What is Keller Williams?

Keller Williams has established itself as one of the most innovative and fastest-growing real estate franchises since its founding in 1983. As a leader in residential real estate brokerage, the company has revolutionized the traditional real estate model by focusing on agent success through cutting-edge technology, comprehensive training, and a unique culture of shared prosperity.

What sets Keller Williams apart is their commitment to a agent-centric business model that prioritizes both professional development and entrepreneurial growth. Franchise owners benefit from the company's proven systems, including their proprietary technology platform KW Command, which provides agents with powerful tools for lead generation, transaction management, and market analysis.

The brand is renowned for its extensive training programs, including the highly regarded BOLD (Business Objective: Life by Design) coaching program and Keller Williams University, which offers continuous education opportunities for real estate professionals at all experience levels. This dedication to agent education has helped countless professionals build successful careers in real estate.

Keller Williams maintains a strong emphasis on company culture, fostering an environment of collaboration rather than competition. Their unique profit-sharing model allows agents to benefit directly from the company's success, creating a true partnership between the franchise and its associates. This approach has not only attracted top talent but has also resulted in high agent retention rates and consistent market growth.

For entrepreneurs looking to enter the real estate industry, Keller Williams offers a proven framework for success backed by decades of experience and a forward-thinking approach to real estate technology and marketing.
  • Four decades of proven industry experience since 1983
  • Premium investment positioning in residential brokerage sector
  • Investment requirements 134% above subsector average
  • Established franchise system with 31 active units
  • Mature operational infrastructure spanning 41 years
  • Higher barrier to entry reflecting brand positioning

Location Analysis

Where Keller Williams wins

Keller Williams, established in 1983, maintains a robust national presence across numerous states, demonstrating significant market penetration in multiple regions. The franchise shows particular strength in the Northeast corridor, with strong presence in New Jersey, New York, and Pennsylvania, while maintaining substantial operations across other regions. The Midwest features notable representation in Michigan and Ohio, while the South shows significant presence in Alabama, Florida, and Georgia.

The franchise's exceptional customer satisfaction ratings across numerous reviews indicates strong operational performance and consistent service delivery across markets. This high satisfaction rate reflects effective agent training and market knowledge across their geographic footprint.

The franchise demonstrates balanced market coverage with significant presence in diverse economic regions, from established Sunbelt markets in Florida and California to emerging markets across the country. Growth opportunities exist in several states where the franchise currently maintains limited presence, including Missouri, Mississippi, Louisiana, Alaska, Idaho, New Hampshire, New Mexico, Oklahoma, Delaware, and South Carolina. Ideal expansion markets typically feature strong population growth, robust median household incomes, and active residential real estate markets.

Success factors include strategic positioning in both metropolitan and affluent suburban areas, as exemplified by their Saratoga Springs location, focusing on markets with stable economic indicators and healthy transaction volumes.
Total US locations
31
Franchise units
18
Corporate locations
13
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind Keller Williams

Avg gross revenueN/A
Investment range$131,000 – $423,500
Investment midpoint$277,250
Brand fund0.5%
RoyaltyN/A
Franchise fee$21,000
Min. net worth
Min. liquid capital
Keller Williams requires a substantial investment of $131,000-$423,500, positioning it as a premium franchise opportunity within the residential brokerage sector. This investment significantly exceeds the sub-sector average of $55,927-$239,969, reflecting the brand's established market position and comprehensive business infrastructure. The investment typically covers training programs, office setup, and initial marketing expenses essential for real estate operations.

The residential brokerage sector benefits from consistent housing market activity and demographic trends supporting homeownership transitions. Real estate franchises operate on commission-based models, requiring strong local market knowledge and relationship-building capabilities. However, revenue data is not available for this franchise, making financial performance assessment challenging for prospective investors.

With 31 active units and 41 years of operational history since 1983, Keller Williams demonstrates system maturity and proven longevity in the competitive real estate market. The controlled unit count suggests focused market development strategies within specific territories.

Ideal investors should possess substantial liquid capital, strong local market connections, and sales management experience. The business model requires active involvement in agent recruitment, training, and market development. Multi-unit development opportunities may exist for qualified investors with significant capital resources.

Prospective franchisees must thoroughly review the Franchise Disclosure Document and conduct comprehensive due diligence, including local market analysis and competitive positioning assessment, before making investment commitments.
Did you know? Starting your own Keller Williams real estate franchise - one of the world's largest real estate companies known for its agent-centric culture and innovative training programs - requires a total investment between $131,000 and $423,500, which includes the $21,000 franchise fee plus all the essential startup costs like office space, technology systems, marketing materials, and working capital needed to launch your brokerage and start building your agent network.

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$131K–$424K
Most common
$131,000
Minimum
$277,250
Midpoint
$423,500
Maximum

Per FDD Item 7, total initial investment ranges from $131,000 to $423,500. The midpoint $277,250 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

Growth over time

Franchise footprint

0% YoY
1,0008006004002000
2017
2018
2019
2020
2021
2022
2023
2024
31 units open as of 2024 FDD

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Keller Williams's 2024 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2024 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Keller Williams franchise typically ranges between $131,000.00 and $423,500.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Keller Williams
Keller Williams
N/A avg revenue · 18+ US franchises

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