Simply put, Keller Williams profit sharing is the icing on the cake when it comes to an already stellar organization. The principle behind profit share is treating associates as full business partners with the owners of the market centers.
All associates have an opportunity to participate. Those that do are rewarded financially for bringing other talented, productive agents to the company by receiving a share in the profits generated by the entire office. It’s a true, no investment needed opportunity to generate passive income just for letting other agents know about a career at KW.
Keller Williams Profit Sharing – Why Do We Have It?
We believe every KW associate has the opportunity to earn a stake in their company’s profits. Putting the agents on the same side of the table as the owners gives associates ownership and a genuine care of how successful their office can be. Since the inception of Keller Williams profit sharing, we have shared almost $700M back with our associates and should hit $1 billion in a few short years! This is money that would have gone directly to the owners, but since our agents are the reason we are in business, we felt it was necessary to share these profits.
Instead of spending millions of dollars a year promoting our company via advertising (like our competitors), we let our associates be our walking billboards. Signs in the yard and agents sharing with others how great this company is sparks all the word-of-mouth advertising we need. It’s helped, Keller Williams is now the largest real estate company in the world and is making waves across the oceans to new countries.
Former KW CEO Mark Willis states, “In everything that we do, we honor our associates, because we know that it is through our associates that our company flourishes and grows. The Keller Williams profit sharing system is no different.”
Real Estate Agent Retirement Plan
The Keller Williams profit sharing model is built around the agents.Keller Williams is the only real estate company in the industry that offers a retirement plan when you are no longer actively selling real estate. The profit sharing system uses a vesting program where agents who stay with the company for a minimum of three years will continue to see profit share income for the rest of their lives. Then, the agent’s heirs have full rights to that passive income stream for the remainder of their lives.
It’s a true gift that you can pass on to the next generation. All from sharing the gift of Keller Williams Realty! This program truly embodies the KW culture by treating all associates as family. It breeds a coming from contribution mentality that gives all associates a vested interest in helping those around them.
With market share continuing to increase in all areas around the globe, profit share and growth share are not just rewarding those that ‘got in first’. Every agent has the same opportunity to grow passive income and is encouraged to share their story if they want to. Add to your retirement income by joining Keller Williams and sharing with others why this is the best place to build your real estate career.