Keller Williams has announced it’s no. 1 in unit and sales volume in the U.S. In Q4’17, the franchise broke previous agent production, owner profit and profit share records set in Q4’16. Indicators point to a strong Q1’18.
“We’re proud to be in business with associates who are focused on growing big businesses so they can fund their lives and create opportunities for their families,” said John Davis, CEO, Keller Williams.
Q4’17 Results (U.S. only)
- Agents closed 250,815 transactions in Q4, up 9.0 percent over Q4’16.
- Agents closed $73.2 billion in sales volume, up 13.0 percent over previous Q4.
- Franchise owner profit in the fourth quarter was up 7.0 percent over Q4’16 to $39.9 million.
- Profit Share increased 10.0 percent over Q4 2016 to $34.9 million.
Year-End Results (as of December 31, 2017) (U.S. only)
- Franchise is home to more than 156,532 U.S. agents. up 13 percent over ‘16
- Closed transactions total 1,041,948 units. up 10 percent over ‘16
- Sales volume is $303.4 billion. up 15 percent over ‘16
- Owner profit is $196.7 million. up 11 percent over ‘16
- Profit share is $171.1 million. up 13 percent over ‘16
Q1’18 Outlook (KPIs indicative of Q1’18 performance) (U.S. only)
- Agents took 140,013 new listings (new market inventory).
- Listings taken volume totaled $42.7 billion.
- Agents wrote 257,750 contracts (projected to close in 60 days).
- Contracts written volume is $75.0 billion.
U.S. and Canada numbers
Q4’17 Results (U.S and Canada numbers)
- Agents closed 258,262 transactions in Q4, up 8.5 percent over Q4’16.²
- Agents closed $76.0 billion in sales volume, up 13.3 percent from previous Q4.²
- Franchisee owner profit in the fourth quarter was up 6.6 percent over Q4’16 to $40.5 million.²
- Profit share increased 9.6 percent over Q4 2016 to $35.5 million.²
Year-End Results (as of December 31, 2017) (U.S and Canada numbers)
- Franchise is home to more than 177,000 global associates, up 12.8 percent over FY’16.
- Closed transactions total 1,072,091 units, up 9.7 percent over FY’16.²
- Sales volume is $314.6 billion, up 15.0 percent over FY’16.²
- Owner profit is $200.8 million, up 11.6 percent over FY’16.²
- Profit share is $174.7 million, up 13.1 percent over FY’16.²
Q1’18 Outlook (KPIs indicative of Q1’18 performance) (U.S and Canada numbers)
- Agents took 144,859 new listings (new market inventory), up 8.1 percent over Q4’16.²
- Listings taken volume totaled $44.6 billion, up 13.8 percent over Q4’16.²
- Agents wrote 265,142 contracts (projected to close in 60 days), up 8.5 percent over Q4’16.²
- Contracts written volume is $77.7 billion, up 13.6 percent over Q4’16.²
“And while we’re certainly excited for our people and their incredible increases in agent production and market share, we know we’re just getting started. We’re committed to continuing to raise the bar and providing even more value for agents and their clients,” said Davis.
2 franchise results achieved across the U.S. and Canada.
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