inman news: Keller Williams expands to 5 new countries


AMBER TAUFEN  Staff Writer: inman

The company announced specifics about its international expansion at its Mega Camp event

Key Takeaways:
Israel, Nicaragua, France, Monaco and Poland will be where consumers can find the latest KW outposts.

When you hear people in the real estate industry talk about which franchises are “taking over the world,” they usually don’t mean that phrase literally, but in the case of Keller Williams, it might just be appropriate.

Keller Williams, one of the fastest-growing franchise groups in the country, announced its expansion to five new countries at its Mega Camp event today: Israel, Nicaragua, France, Monaco and Poland.

According to a company release, Keller Williams now has 2,921 international agents (outside the U.S. and Canada) across 29 countries and regions.

In 2016, the company has grown its overseas real estate agent base by 810 net agents — that’s an increase of more than 38 percent year-over-year.

“In 2016, we have continued our historic rate of growth internationally, adding 27 new real estate offices,” said Bill Soteroff, president, Keller Williams Worldwide, the international division of Keller Williams, in a statement. “As we add our newest countries and regions into our KW family, we’re extremely proud of the momentum underway surrounding our franchises across the globe.”

There are now 88 international Keller Williams market centers outside the U.S. and Canada, and as Soteroff stated, in 2016, the company has grown by 27 net market centers (more than a 44-percent year-over-year increase).

One of the largest outposts outside of the U.S. and Canada is in Turkey. The Keller Williams Turkey region contains 11 market centers and more than 450 agents, according to the company.... (Full Story)