Tag Archives: profit share

Keller Williams’ big backpedal on profit-sharing cuts: The Download

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In the face of backlash from proposed profit-sharing cuts, the franchisor’s leadership council is changing its tune. Continue reading →

Former Keller Williams agents sue over profit share changes

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One of the class-action suits seeks $250 million in damages while the other is asking the court for a preliminary injunction stopping Keller Williams from distributing profit share payments. Continue reading →

KW begins notifying former agents of profit-sharing cuts

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People who left Keller Williams for a competitor have begun receiving letters telling them that their profit share earnings will be reduced from 100 percent to 5 percent. Continue reading →

Keller Williams cuts profit sharing for agents who fled to competitors

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The franchisor will drastically slash profit share for “vested KW agents who actively compete with our brokerages” unless they return within six months, Keller Williams President Marc King said Tuesday. Continue reading →

Keller Williams to end lifelong profit share program for defectors

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The policy change will only apply to agents that join the company on or after April 1, 2020. Continue reading →