Keller Williams Realty

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Keller Williams Realty

Keller Williams Realty Franchise FDD, Costs & Fees (2025)

Keller Williams Realty is a real estate franchise known for its agent-centric model, offering training, support, and resources for real estate professionals.

Keller Williams Realty, founded in 1983 by Gary Keller in Austin, Texas, has grown into the world's largest real estate franchise by agent count. With its headquarters still in Austin, Keller Williams began franchising in 1991, rapidly expanding across the United States and internationally. 

The franchise specializes in residential real estate services, providing agents with extensive training, cutting-edge technology, and a supportive, team-oriented culture.

What sets Keller Williams apart from its competitors is its unique agent-centric model, which emphasizes profit-sharing, continuous education, and a collaborative environment.

The company offers a wide range of tools and resources designed to enhance productivity and success, including the renowned Keller Williams University and the KWConnect online learning portal. 

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Keller Williams Realty offers 2 types of franchises:

Type of Expenditure Amount
Keller Williams Realty Market Center $182,430 to $335,697
Business Center $29,600 to $88,650

We are summarizing below the main costs associated with opening a Keller Williams Realty Market Center franchise.

For more information on the various types of franchises and its costs, refer to the Franchise Disclosure Document (Item 7).

Keller Williams Realty Market Center

Type of Expenditure Amount
Initial Franchise Fee $35,000
Other Initial Fees $430 to $1,447
Broker License $1,500 to $5,000
Professional Association or Organization Fees $500 to $2,000
Local MLS Memberships $100 to $250
Insurance $5,000 to $15,000
Initial Lease and Utility Deposits $3,500 to $10,000
Leasehold Improvements $5,000 to $50,000
Office Furniture, Equipment, Phone and Computer Systems $40,000 to $110,000
Exterior Signs $5,000 to $10,000
Office Supplies $3,900 to $7,000
Professional Fees $5,000 to $10,000
Advertising $2,500 to $5,000
Additional Funds - 3 months $75,000
TOTALS $182,430 to $335,697

Keller Williams Realty offers 2 types of franchises:

Type of Expenditure Amount
Keller Williams Realty Market Center $182,430 to $335,697
Business Center $29,600 to $88,650

We are summarizing below the main costs associated with opening a Keller Williams Realty Market Center franchise.

For more information on the various types of franchises and its costs, refer to the Franchise Disclosure Document (Item 7).

Keller Williams Realty Market Center

Type of Expenditure Amount
Initial Franchise Fee $35,000
Other Initial Fees $430 to $1,447
Broker License $1,500 to $5,000
Professional Association or Organization Fees $500 to $2,000
Local MLS Memberships $100 to $250
Insurance $5,000 to $15,000
Initial Lease and Utility Deposits $3,500 to $10,000
Leasehold Improvements $5,000 to $50,000
Office Furniture, Equipment, Phone and Computer Systems $40,000 to $110,000
Exterior Signs $5,000 to $10,000
Office Supplies $3,900 to $7,000
Professional Fees $5,000 to $10,000
Advertising $2,500 to $5,000
Additional Funds - 3 months $75,000
TOTALS $182,430 to $335,697

Franchise Disclosure Document

Number of units

Training 

Keller Williams Realty provides a comprehensive training program designed to empower its agents and franchisees with the knowledge and skills needed to succeed in the competitive real estate market. 

  1. Keller Williams University (KWU): Keller Williams offers a comprehensive training curriculum through KWU, designed for agents at all experience levels. The courses cover various aspects of real estate, including lead generation, client management, and market analysis, ensuring that agents have the skills needed to succeed in the industry​.
  2. KWConnect: This is Keller Williams’ online learning platform, providing agents with on-demand access to training materials, webinars, and resources. KWConnect allows agents to learn at their own pace and stay updated with the latest industry trends and best practices, fostering a culture of continuous learning​.
  3. Productivity Systems: Keller Williams integrates productivity-enhancing tools and systems into its training programs. These tools are designed to help agents streamline their business processes, manage their time effectively, and maximize their productivity, contributing to their overall success​.
  4. Coaching and Mentorship: In addition to formal training, Keller Williams offers coaching and mentorship programs where experienced agents provide guidance and support to newer agents. This personalized approach helps agents apply what they've learned in real-world scenarios and grow their careers effectively​.

Territory Protection

Keller Williams Realty does not offer traditional territory protection to its franchisees. Instead of assigning exclusive territories, Keller Williams promotes a culture of cooperation among agents and offices, which is central to their interdependent business model. 

This approach encourages agents to collaborate across regions, leveraging the broader Keller Williams network to maximize opportunities and success.

This model allows for multiple franchises or market centers to operate within the same geographic area, providing flexibility and fostering healthy competition.

Competitors

Below are some of

Keller Williams Realty

key competitors in the

Broker/Realtor

sector.

Franchise
Franchisees
Initial fee
Total investment
Revenue
Upgrade
Gross Profit
Upgrade
EBITDA
Upgrade

766

New
+
-4%
-4%

$35,000

$182,000

$336,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

Competitors

Windermere Real Estate

Windermere Real Estate is a real-estate brokerage franchise offering home-buying, selling and leasing services across multiple states, serving agents and clients, and known for community-centred culture, advanced marketing tools and proven franchise systems.

Franchisees

?

299
+
-1%
-1%
Investment

?

$271,000 - $1,171,000

Intero Real Estate Services

Intero Real Estate Services is a real-estate brokerage franchise offering full-service buying, selling and leasing of homes and commercial properties, serving agents and clients, and known for strong training, agent-centric model and technology-enabled branding.

Franchisees

?

29
+
-19%
-19%
Investment

?

$210,000 - $855,000

Valbridge

Valbridge is a valuation-services franchise offering real-estate appraisal, review and consulting services for commercial and residential markets, serving lenders, brokers and property-owners, and known for national network, compliance focus and high-quality data standards.

Franchisees

?

0
+
-100%
-100%
Investment

?

$70,000 - $164,000

Harcourts

Harcourts is a real-estate brokerage franchise offering residential and commercial brokerage services, serving property buyers, sellers and agents, and known for innovative tools, global network backing and culture focused on growth and professionalism.

Franchisees

?

24
+
20%
20%
Investment

?

$151,000 - $360,000

Iron Valley

Iron Valley Real Estate is a real estate franchise offering brokerage services and agent support systems, serving buyers, sellers, and real estate professionals, and known for its agent-centric commission model, low startup costs, and modern technology.

Franchisees

?

44
+
47%
47%
Investment

?

$59,000 - $207,000

Watters International Realty

Watters International Realty is a real estate franchise offering comprehensive services for buying and selling homes, known for its innovative marketing strategies and client-focused approach.

Franchisees

?

10
+
0%
0%
Investment

?

$49,000 - $201,000