Profit Share
How Does Profit Share Work?
The concept is quite simple. You meet people every day in your business as a real estate agent, right? Eventually, you are going to come across someone who is interested in entering the real estate industry just like you or is a seasoned agent with another real estate company.
By simply introducing them to Keller Williams, you have helped the company grow. When these new associates have production (sales) that contribute to the profitability of the office, the owner shares a portion of those profits with you!
How Profit Share Is Calculated?
Keller Williams profit share is a mathematical formula. It only works when there is profit. Without profit, there is no profit share.
This is the core part of the interdependent real estate business model of KW. We (the agent & the company) need each other to have success. KW provides the tools, resources, strategies and empowerment. The associate provides the relationship and builds their own real estate business. It’s a true win-win scenario. Here’s a short video on how profit share is calculated.
Real Estate Agent Retirement Plan
The profit sharing system at Keller Williams uses a vesting program where agents who stay with the company for a minimum of seven 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 the gift that keeps on giving!
It’s a true gift that you can pass on to the next generation. All from simply referring new agents to KW. This program truly embodies the Keller Williams 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. The agent next to you is seen as an asset, not competition.
Growth Share
Keller Williams is continuing to grow around the world. In countries outside North America, KW offers growth share instead of profit share. With the many different laws and regulations in each country, sharing a portion of the office revenue is a better sharing model at this time.
Keller Williams growth share is where the master franchise owners share a portion of the company’s revenue with associates who help the company grow. KW associates can share profits from both models, profit share and growth share. These two opportunities are powerful wealth-building opportunities that will fund agents’ lives for as long as they live.
