Keller Williams expands into Guyana amid record global growth

AUSTIN, Texas–(BUSINESS WIRE)–Keller Williams (KW), the world’s largest real estate franchise by number of agents, continues to grow rapidly across the globe. As of December 31, 2021, KW increased sales volume by 88.7% outside the United States and Canada to $12.1 billion, compared to YE ’20.

“We closed 2021 with continued record global growth,” said William E. Soteroff, president of Keller Williams Worldwide (KWW), the international division of kwx, the holding company of KW. “As of March 1, we now had over 15,000 agents in 54 regions around the world, which represents a solid foundation to continue to expand our market share aggressively in 2022.”

KWW Momentum (production outside the United States and Canada at the end of 2021)

  • As of December 31, agents closed 63,600 transactions, up 57.8% from YE ’20.

  • Agents achieved sales volume of $12.1 billion, up 88.7% from YE ’20.

  • Agents saw 107.8,000 new listings (new market inventory), up 17.6% from year 20.

  • Agents wrote 74,600 contracts (expected closings), up 46.6% from YE ’20.

  • The volume of contracts written was $10.9 billion, up 69.9% from YE ’20.

As the momentum continues, KW has awarded a new master franchise in Guyana. Led by Regional Operations Manager Stefan John, KW Guyana is currently initializing its operations. In Q2 22, KW Guyana is expected to open its first market center.

“We are thrilled to announce that we are in business with Stefan, a phenomenal leader who is set to build and embody our culture in Guyana, our ninth master franchise in South America,” said Soteroff. “Stefan and his top leaders understand our disruptive model and how it enables agents to thrive.”

A seasoned entrepreneur, John founded D&J Group Inc., a company focused on logistics and real estate services for the oil and gas industry. With nearly a decade of experience facilitating real estate brokerage services across Guyana, John is a well-established business leader in Guyana.

“The real estate market is growing more than any other industry outside of oil and gas in Guyana,” John said. “KW will be the preferred agency that everyone will go to, mainly because the agents will be better trained than anyone else.”

“The technology is also positioned well ahead of the competition, and our marketing will be unmatched because of what KW offers franchisees,” John said.

KWW is currently exploring new expansion opportunities in Africa, Central and South America, Central and Eastern Europe and throughout Asia.

The basic criteria for new licensees starts with having a qualified management team rooted in the Keller Williams culture; the company also aims for stability in the government, banking and judicial system and a higher level of maturity for a real estate market.

Outside of the United States and Canada, KWW regions include: Albania; Argentina; Aruba; Belgium; Belize; Bermuda; Cambodia; Chile; Colombia; Costa Rica; Cyprus; Czech Republic; Dominican Republic; Dubai, United Arab Emirates; France; Greece; Guyana; Honduras; Indonesia; Ireland; Israel; Italy; Jamaica; Japan; Luxemburg; Malaysia; Mexico; Monegasque; Mongolia; Morocco; Nicaragua; Northern Cyprus; Panama; Paraguay; Peru; Philippines; Poland; Portugal; Porto Rico; Romania; Sao Paulo, Brazil; Serbia; Saint-Martin ; Slovenia; South Africa; Spain; Suriname; Thailand; Turkey; Turks and Caicos Islands; UK; Uruguay; and Vietnam.

About Keller Williams

Based in Austin, Texas, Keller Williams, the world’s largest real estate technology franchise by number of agents, has more than 1,100 offices and 200,000 associates. The franchise is also #1 in units and sales volume in the United States. kwx is the holding company of Keller Williams.

In 2020 Keller Williams initially started training kwx. kwx is made up of Keller Williams, Keller Williams Worldwide and Keller Home Financial Services, comprising Keller Mortgage, Keller Offers, Keller Covered, Keller Title and The Partnership Program.

Since 1983, the company has cultivated an agent-centric, technology-driven, education-based culture that rewards agents as stakeholders. For more information, visit kwx.kw.com.

About Elizabeth Smith

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