Allentown, PA, November 23, 2017 --(PR.com
)-- Keller Williams Real Estate of Allentown has distributed more than $1 million in profit share to associates who have helped the company grow since the brokerage opened in 2004.
KW Allentown has added 168 agents since January 1, 2015. In 2017, KW Allentown agents have been involved in over 800 real estate sales. They are on track to meet the company goal of 1,000 closed units in 2017. Through the first 10 months of 2017, KW Allentown’s closed sale volume is $164,523,521, which exceeds the $163,816,297 in volume for all of 2016.
“Keller Williams treats agents like partners, not employees or tenants. Our company shares about half of our profits each month with the agents who helped grow the brokerage,” said Tai DeSa, the Team Leader and Broker of Record for KW Allentown. “If an agent has been with us for three consecutive years, they can receive profit share for the rest of their life and two generations afterward. This is revolutionary in our industry, as almost every other brokerage does not share any profit with their agents.”
As of October 31, 98 percent of United States and Canada-based Keller Williams market centers are profitable. Keller Williams, the world's largest real estate franchise by associate count, has distributed more than $1 billion in profit share since 1997.
Through the profit share program, individual Keller Williams market center owners share close to 50 percent of their office's monthly profits with associates who have contributed to growth.
Leveraging industry-leading training and coaching on real estate business best practices, KW Allentown profits were up 11.7 percent at the end of October.
Keller Williams Co-founder and Chairman Gary Keller and early company leaders created the profit share program to ensure that the goals of the company's owners and agents remain permanently aligned.
About Keller Williams Realty, Inc.
Austin, Texas-based Keller Williams Realty, Inc., is the world's largest real estate franchise, with more than 900 offices and 173,000 associates across the Americas, Europe, Africa and Asia. In 2017, Training magazine named Keller Williams the No. 1 training organization across all industries in the world.
Since 1983, Keller Williams has grown exponentially and continues to cultivate an agent-centric, education-based, technology-driven culture that rewards agents as stakeholders. The company also provides specialized agents in luxury homes, commercial, and farm and ranch properties.
For more information, visit kw.com.