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One Percent RealtyKeller Williams Realty-Franchise Review

Gary Keller and Joe Williams created the "Keller Williams Realty in the year 1983. Gary Keller and Joe Williams used to work in a real estate company in Austin, Texas. It was the largest real estate company at that time. It was here that both the person met to form a friendship of long standing. Two of them believed in the idea that society must work for the employee. This idea has led to the formation of "Keller Williams Realty in subsequent years.

The Williams Realty Keller and Associates

The "Keller Williams Realty began franchising in 1987, four years after their creation. The company is head quartered in Austin, Texas. They have the policy to recruit other agents through the sharing of profits. Currently, the "Keller Williams Realty has 175 employees. There are another fifteen employees working in the department of franchise for "Keller Williams Realty. According to reports in 2009, "Keller Williams Realty has 675 franchises throughout the length and breadth of the United States. The number of franchises in Canada is thirteen. Currently, the "Keller Williams Realty company is looking for franchisees in the United States and Canada. As a gesture of social responsibility, "Keller Williams Realty is tied with Habitat for Humanity and readers of the food bank.

The amount of investment to be a franchise

The net investment to become a "Keller Williams Realty franchise ranges between $ 1 5 $ 74,647, and 57,495. The "Keller Williams Realty charges franchise fees and royalty course. The franchise fee is twenty five thousand dollars and the ongoing royalty fee is a flat rate of six percent. The terms of this agreement is valid for five years and is renewable. The franchise fees, start-up costs, equipment costs, the cost of inventory, accounts receivable and payroll costs are not funded by the "Keller Williams Realty.

Desired qualifications and operations of a franchise

The "Keller Williams Realty has no net worth requirement mandatory for opening a franchise. However, they have $ 1, 50,000 cash liquidity needs. The "Keller Williams Realty is expected that the franchise owner to have an experience of industry and general affairs. Thirty per cent of franchisees own more than one unit. Three to four employees is required to run a franchised unit. "Keller Williams Realty allows absentee owners of the franchise. Fifteen percent of current franchise owners are absent.

Additional training and support

The company provides training courses to their headquarters and franchise location, throughout the year. Continued support is extended to all "Keller Williams Realty franchise by newsletter, meetings, and the Internet and field operations. The national media advertising and exhibitions provide an important marketing support for franchisees. In-house marketing department is another great support for "Keller Williams Realty franchise.

The "Keller Williams Realty is a name well known in his field of activity. The attitude of the franchise friendly "Keller Williams Realty, combined with great sales support, it is an interesting option for access to the franchise.

Posted on October 9, 2010.
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