Tag Archives: profit-sharing

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 →

Keller Williams retreats on profit sharing cuts for defecting agents

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The cuts, initially approved last summer, were set to go into effect this July. But as of this spring, Keller Williams was facing multiple class action lawsuits over the changes. 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 franchises consider reducing agent profit sharing

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A franchise owner confirmed to Inman that regional leadership at Keller Williams suggested rolling all expenses into April’s budget to enable them to hang on to more cash. Continue reading →

The Real Word: What’s the No. 1 mistake millennials are making? Renting

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Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week, they’ll cover renting versus buying for millennials, Keller Williams ending profit sharing for defectors and how The Broke Agent is using … Continue reading →

EXp CEO on how his company’s profit share differs from KW

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Glenn Sanford said that in 2006, he brought 184 people into his profit-sharing group at Keller Williams. The next year, he received a check for only $6,000. Continue reading →

Top Keller Williams earners push to end profit sharing for defectors

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Keller Williams is mulling significant changes to its profit share model by removing associates from the lifelong revenue program when they jump to a competitor. Continue reading →

KW team jumps to eXp, predicts a ‘wave’ will follow

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David DeVoe is taking his 32 agents and 10 staffers from Keller Williams to eXp Realty and believes “a wave” of other teams are likely to follow to suit. Continue reading →