Keller Williams Faces New Class-Action Lawsuit Over Profit-Sharing Program Changes Keller Williams, one of the largest national real estate brokerage, has been named in yet another class-action lawsuit because of recent changes made to its profit-sharing program. The lawsuit, that was filed on Thursday, joins a series of legal challenges the company has faced over alterations to its compensation policies to it's agents. What's This Lawsuit All about? The lawsuit was initiated by Louis Ronayne and Deborah Ronayne in the U.S. District Court for the Eastern District of Michigan, they are seeking class-action status against Keller Williams. Louis Ronayne had a long career as an agent at Keller Williams, he started as an agent in July 2000 and later becoming a team leader and regional... Read more
Category: Keller Williams
Keller Williams Realty Overview
Keller Williams Realty, commonly known as Keller Williams, is a prominent global real estate franchise company with its headquarters in Austin, Texas. Established in 1983 by Gary Keller and Joe Williams, the company has expanded significantly to become one of the largest real estate franchises globally in terms of agent count.
- Global Presence: More than 180,000 associates across the Americas, Europe, Africa, and Asia.
- Agent-Centric Culture: Focus on extensive training, education, and technology to support agents.
Unique Profit-Sharing Model
Keller Williams operates on a distinctive profit-sharing model. This innovative approach allows agents to earn a portion of the profits generated by their office, fostering a collaborative and success-driven work environment.
- Collaborative Environment: Encourages agents to contribute to the office’s success.
- Recognition: Named one of the “Top Workplaces” by several publications.
Technology and Innovation
At the forefront of technology in the real estate industry, Keller Williams has invested in developing proprietary tools and platforms. These advancements are designed to assist agents in various aspects of their work:
- Lead Generation: Tools to help agents attract and manage potential clients.
- Marketing: Platforms to enhance property promotion and visibility.
- Transaction Management: Solutions for efficient handling of real estate transactions.
Through these technology-driven solutions, Keller Williams aims to empower its agents to deliver outstanding service to clients while optimizing their business operations.