She was the first agent in the company, the first to reach $1 million in profit share and now she’s among the first to participate in KW Worldwide’s Growth Share program - the next evolution of Keller Williams Realty’s profit share program. Althea Osborn had a chance to share how she turned ONE cold call into Keller Williams Realty’s newest international franchisee.
It truly was an exciting moment for agents and leadership when the master franchisees from Indonesia and the South African Regions were welcomed into the Keller Williams Family. It was also an opportunity to hear about the incredible growth opportunity for agents who wish to build their passive income through Growth Share.
The Keller Williams Growth Share system is designed for two purposes: to promote and perpetuate growth and to reward the associates who help the company grow with an ongoing revenue stream. Here’s how Growth Share works. When an agent completes a transaction, the agent earns a commission. Part of that commission goes to the Market Center and part goes to the franchisor as a royalty. The franchisor then returns a portion of that royalty to the agents as Growth Share, in thanks and recognition for their contribution in referring agents to Keller Williams. The more agents a particular individual has referred, the bigger their potential Growth Share payment.
Keller Williams was crafted by real estate agents for real estate agents to be a company in which agents could readily build thriving businesses. The belief was that when agents were flourishing, they would tell others about the opportunity and the company would grow. With this critical insight, Keller Williams Realty acknowledged the essential responsibility that leadership has to agents in creating tools, materials, and programs to help them grow their businesses. The company then rewards associates for the one activity that has the greatest impact on growing a Market Center or a Region: referring associates.
To learn more about the Growth Share Program download this White Paper!