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Keller Williams Realty franchise signing in South Africa in 2012. By the end of the decade in 2010, Keller Williams had 77,672 real estate agents in the United States. It surpassed Century 21 as the second largest real estate agency in the U.S., two years after taking over the third spot from RE/MAX International. [14]
The group was founded in Las Vegas in 2005 by Kuba Jewgieniew, who was a former stockbroker. In 2007, the company expanded into Arizona. [3] By August 2010, it had also expanded into California, and had 2,200 agents. [4] In August 2011 the brokerage acquired John Hall & Associates, a Phoenix, Arizona-based real estate brokerage. [3]
Keller Williams Realty, Inc. Anywhere Real Estate, Inc. RE/MAX, LLC; Jurors found that all the defendants in the case "knowingly and voluntarily" engaged in a conspiracy with the goal of "raising, inflating, or stabilizing broker commission rates paid by home sellers" by following and enforcing NAR's cooperative compensation rule.
Despite the sharp downturn in the real estate market, since 2005, Keller Williams Realty has seen substantial growth in number of agents, market centers, closed units and closed gross commission income. [8] In 2009, Keller Williams market centers generated combined profit of $80.1 million, in a year when almost every major franchise lost money. [9]
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Mark Willis is an American business executive and stock holder at Keller Williams Realty, an international real estate franchise with headquarters in Austin, Texas. [1] [2] [3] Willis was President of Keller Williams Realty prior to 2005 when he took over the position as chief executive officer (CEO). [4]
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