You can listen to the rumors or profit from the truth. The Keller Williams Profit Sharing program is the finest opportunity for passive income ever offered to real estate agents in North America. Find out why this is true and how it works. It could pay big dividends.
Keller Williams Realty Agent Career Training: Wealth Building Wednesdays
The Company of Choice
While an agent’s success will ultimately be determined by their own motivation, wisdom and skill, their company provides the environment in which their success will be supported or hindered.
You can listen to the rumors or profit from the truth. The Keller Williams Profit Sharing program is the finest opportunity for passive income ever offered to real estate agents in North America. Find out why this is true and how it works. It could pay big dividends.
At Keller Williams®, our books are open to our associates.On a monthly basis the Market Center financials are reviewed by our Associate Leadership Council.
THERE ARE NO SECRETS FROM OUR ASSOCIATES
Since we are all business partners and since we profit share together, everyone has the right to see the profit and loss statements for the Market Center every month.
BUDGET ACCOUNTABILITY
It is the responsibility and concept of the Associate Leadership Council that takes action and participates in holding ownership and management accountable for staying within the expense budget.
BUSINESS ACCOUNTABILITY
By allowing our associate/partners to study and understand the importance of financial statements, they can implement these same business systems and disciplines into their real estate business and personal lives.
•When was the last time your Broker showed you the financials of your company?
The Keller Williams Realty Difference - Culture Part 1
The Keller Williams Realty Difference - Culture Part 2
Keller Williams Realty’s Profit Share provides a financial plan for agents to continue to receive money long after they retire.
The Keller Williams Realty Profit Share Tree is the pool that is distributed each month among market centers and associates within them. Each associate’s share is determined by his or her contribution that month – for example, if an associate contributes 10% of the market center’s income, that associates profit share pool would be 10% of the market center’s pool.
Here is a sample scenario to explain how profit share works.
Office closes: $5M
Joe closes: $500,000Profit Share pool for market: $5,000
Joe’s contribution: 10%Joe’s portion: $500
Profit Share Tree
Level 1 – 50% Joe’s direct sponsor, Sue, gets $250
Level 2 – 10% Sue’s sponsor, Mary, gets $50 an on
Level 3 – 5%
Level 4 – 5%
Level 5 – 7.5%
Level 6 – 10%
Level 7 – 12.5%
**With the addition of profit sharing money, many Keller Williams Realty agents make more than 100% of their commission.
The Keller Williams Realty Difference - Profit Sharing Video
