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Keller Williams Reports Q3 ’19 and YTD Results

November 12, 2019 GMT

AUSTIN, Texas--(BUSINESS WIRE)--Nov 12, 2019--

Keller Williams, the world’s largest real estate technology franchise by agent count and the U.S. leader in units and sales volume, continues to expand internationally, achieve technology milestones, and top franchise and industry-related rankings.

“This quarter was the most impressive quarter we’ve experienced in our 36-year history of our company,” said Gary Keller, co-founder, chairman and CEO, Keller Williams. “We owe the entirety of our success to our agents. It’s their expertise and their passion for the business that makes us the company we are.”

“And, it’s our agents that dictate where we’re headed – especially in technology and education. Every day, we look to them and ask, ‘How can we ensure the success you’re having today continues?’” said Keller.

Technology and Industry Highlights

“We’re making huge strides in our journey to deliver the end-to-end platform that our agents need to provide the personalized, data-enriched experience their clients expect,” said Josh Team, president, Keller Williams.

“Our agents are already leveraging Command, every day, to lead generate and win more business. Designs – the graphic design and marketing arm of Command – has been used to create over half a million custom-branded graphics to date. And, as of today, agents are running over 8 million SmartPlans to automate routine tasks and free up their time.”

“Together with our agents, we’ve built what is unquestionably the most comprehensive end-to-end platform in the industry,” said Team. “And, we’re 100% dedicated to continuing to listen and learn from them, iterate, and deliver the best for our people.”

According to the National Association of REALTORS® (NAR), the number of existing homes sold in the U.S. increased 2.8% in Q3 ’19 over the same period last year and the sales volume associated with those homes increased 6.4% compared to the same period of 2018.

United States and Canada(production in Q3 ’19)

According to NAR, the number of existing homes sold in the U.S. declined 1.7% year to date (as of Sept. 30) in 2019 and the sales volume associated with those homes increased 3.3% compared to the same period of 2018.

United States and Canada(production YTD ’19)

Keller Williams Worldwide(production outside the U.S. and Canada in Q3 ’19)

Keller Williams Worldwide(production outside the U.S. and Canada YTD ’19)

Outside of the U.S. and Canada, KWW regions include Argentina; Belgium; Belize; Bermuda; Cambodia; Chile; Colombia; Costa Rica; Czech Republic; Dubai, UAE; France; Greater Shanghai, China; Greece; Indonesia; Ireland; Israel; Italy; Jamaica; Japan; Luxembourg; Malaysia; Mexico; Monaco; Morocco; Nicaragua; Northern Cyprus; Panama; Philippines; Poland; Portugal; Puerto Rico; Romania; Southern Africa; Southern Cyprus; Spain; Trinidad and Tobago; Turkey; United Kingdom; and Vietnam.

About Keller Williams

Austin, Texas-based Keller Williams, the world’s largest real estate technology franchise by agent count, has more than 1,040 offices and 185,000 associates. The firm is also No. 1 in units and sales volume in the United States.

In 2019, Fast Company named Keller Williams the No. 1 “Most Innovative Company” in real estate. In 2015, KW began its evolution into a technology company, now building the real estate platform that agents’ buyers and sellers prefer.

Since 1983, the company has cultivated an agent-centric, technology-driven and education-based culture that rewards agents as stakeholders. For more information, visit kwworldwide.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191112005168/en/

CONTACT: Darryl Frost

254-466-3627

darryl.frost@kw.com

KEYWORD: TEXAS UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: RESIDENTIAL BUILDING & REAL ESTATE COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY

SOURCE: Keller Williams

Copyright Business Wire 2019.

PUB: 11/12/2019 10:00 AM/DISC: 11/12/2019 10:01 AM

http://www.businesswire.com/news/home/20191112005168/en