Frequently Asked Questions about Joining Keller Williams
Discover Everything You Need to Know Before Joining Keller Williams
Frequently Asked Questions: Joining Keller Williams
Why work for Keller Williams realty?
In real estate, you have the freedom to be your own boss. You work with Keller Williams, not for them. Working with Keller Williams Realty has several benefits, including their agent-centric approach, training and coaching programs, cutting-edge technology, profit-sharing opportunities, and culture of collaboration and support. With a proven business model and a focus on empowering agents to build successful careers, Keller Williams is a top choice for real estate professionals.
Is Keller Williams really legit?
Yes, Keller Williams is a reputable and legitimate real estate company. It has been in business for over 37 years and has a global presence with over 1,000 offices and over 190,000 associates. The company has won numerous awards for its culture, training, and growth, and is consistently ranked as one of the top real estate companies in the world.
How do I join Keller Williams realty?
Joining Keller Williams Realty is a straightforward process. Click the Join Keller Williams button at the top of this page and someone will assist you with onboarding at a local office.
Who owns Keller Williams realty?
Keller Williams Realty is a privately owned company, founded by Gary Keller and Joe Williams in 1983. Currently, the company is led by CEO Gary Keller and President Josh Team.
How much do real estate agents make?
Real estate agent income can vary depending on various factors such as location, experience, and the number of transactions completed. According to the Bureau of Labor Statistics, the median annual wage for real estate agents in the United States was $51,220 as of May 2020. However, agents can earn well over six figures per year depending on their market and the number of deals they close. At Keller Williams, agents have the potential to earn more due to the company's unique commission structure and profit-sharing model.
How much are Keller Williams agent fees?
Keller Williams charges their agents a commission split, which varies by market center and is typically based on the agent's level of experience and production. Typical Keller Williams split is 80/20 with a cap. Once the cap is hit you keep 100% of commissions with no fees. It is best to consult with a local Keller Williams broker to determine the exact fee structure in your area.
What type of real estate training is provided for new agents?
Keller Williams provides a variety of training and coaching programs to help new agents get started in the real estate industry. Some of the training options include the Ignite program for new associates, which focuses on lead generation, pipeline management, listings management, and negotiation skills, among others. KW MAPS Coaching also offers a mastery program to guide agents to identify areas for development, gain awareness of their unique strengths, and address any blind spots or gaps in their skills. Additionally, Keller Williams provides ongoing education and training on various topics such as technology, marketing, and customer service.
I want to take Keller Williams training courses. When can I start Ignite?
The start date for Ignite training courses may vary depending on the market center. It is best to contact your local Keller Williams office or team leader to find out the next available start date for Ignite training in your area.
Does Keller Williams realty provide financial assistance to help me get my real estate license?
Keller Williams Realty does not provide financial assistance to help individuals obtain their real estate license. However, we do have a free real estate training and exam practice app through Victorious Agent. Additionally, some state governments may offer programs to help individuals cover the costs of real estate licensing courses and exams. Additionally, there may be scholarships or grants available from outside organizations to assist with these expenses. It is recommended that you research your state's requirements and available resources to determine the best course of action for obtaining your real estate license.
What is the best online real estate school?
There are several reputable online real estate schools available, including Real Estate Express, Kaplan Real Estate Education, and the CE Shop. Each school has its own unique features and benefits, so it's important to research and compare them to determine which one best fits your needs and learning style. Some factors to consider include pricing, course offerings, instructor support, and student reviews. Use the contact us form and we will help you connect with the best real estate school in your area.
What is the commission split at Keller Williams realty?
At Keller Williams Realty, the commission split varies depending on the market center and the agent's experience level. The split is based on a percentage of the agent's gross commission income, which is negotiated between the agent and the broker. Generally, Keller Williams operates on a "cap" system, which means once an agent has paid a certain amount in commissions to the brokerage, they keep 100% of their commissions for the remainder of the year. This system allows agents to keep more of their hard-earned commissions as they grow their business.
Can I set my own schedule?
As a real estate agent at Keller Williams, you have the flexibility to set your own schedule. You are responsible for managing your own business and your own time. However, it's important to note that success in real estate often requires hard work, dedication, and the ability to be available for your clients when they need you. It's important to find a balance that works for you and your clients to ensure that you can provide excellent service while still maintaining a healthy work-life balance.
Does Keller Williams provide leads?
Keller Williams provides various tools and resources to help agents generate leads, but they do not directly provide leads. There may be opportunities within your individual office for "call time" to receive walk-in and call leads to your local office, ask your team leader for more information. Agents are responsible for building and maintaining their own client base through various lead generation strategies such as referrals, marketing efforts, and networking.
Is Keller Williams a competing broker?
At Keller Williams, the team leaders and managers in our offices do not compete with our agents for business. We believe that this would be a conflict of interest. Instead, our support staff is dedicated to helping you grow your real estate business and act as mentors to take your career from a new associate to a mega agent. Keller Williams is committed to providing the best possible support for our agents to help them achieve success in their careers.
Can I work as a part time real estate agent with Keller Williams?
Yes, Keller Williams offers the flexibility to work as a part-time real estate agent. This is a great option for individuals who want to pursue a career in real estate while also maintaining another job or responsibilities. With the support and resources provided by Keller Williams, part-time agents can still be successful in growing their real estate business.
Why is Keller Williams training for new agents so important? I just finished state accredited real estate school.
Keller Williams training is important for new agents because it provides a comprehensive platform that teaches them the skills and strategies necessary to become successful in the competitive real estate industry. The KW training program is designed to help new agents build a solid foundation and achieve quick success by implementing the right habits and behaviors used by highly successful agents. Even if you have finished state-accredited real estate school, the KW training program can help you take your career to the next level by providing you with advanced lead generation techniques, negotiation skills, and other important business management strategies.
I want to set up an interview, but I haven't started my real estate courses. Why won't anyone call me?
It is essential to complete your real estate courses and obtain a license before scheduling an interview with Keller Williams. The real estate license is a requirement to work as an agent and the first step to building a successful career in the industry. Once you have obtained your license, you can contact your local Keller Williams office to schedule an interview and discuss your career goals.
What health insurance options are available to me?
As a real estate agent at Keller Williams, you are considered an independent contractor and therefore not eligible for traditional employee benefits such as health insurance. However, KW does offer access to health care options through a third-party provider, and agents can also choose to explore other options such as private insurance or government-provided healthcare. It is important to consult with a qualified insurance professional to find the best coverage options for your needs.
Is there a Keller Williams base salary?
As a commission-based real estate company, Keller Williams does not offer a base salary. Real estate agents earn commission on the properties they sell, and the commission split varies depending on the office and the individual agent's agreement with the brokerage.
Training and Education
Keller Williams offers comprehensive training and education programs for agents of all experience levels.
Technology
Keller Williams technology empowers agents to simplify everyday life, prioritize customer needs, and provide high-quality service through a centralized platform.
Culture
Keller Williams fosters a culture of collaboration, support, and giving back to the community.
Profit Sharing
Keller Williams offers a unique profit-sharing model that allows agents to earn passive income for the rest of their lives.
Testimonials
Keller Williams Testimonials
I can confidently say that Keller Williams has been the best decision I’ve made in my real estate career. The support, training, and tools provided by KW have helped me grow my business and achieve success beyond my expectations. The KW culture and emphasis on putting agents first truly sets them apart in the industry.
Keller Williams training gave me the foundation I needed to jumpstart my career in real estate. The tools, resources, and support they offer are unparalleled in the industry. KW is more than just a brokerage, it’s a community that truly cares about your success. I couldn’t imagine being anywhere else.