Keller Williams Realty - Growth In Downturn

Keller Williams Realty reported today at its national convention that it ended 2010 with 79,315 associates, 701 market centers (offices), and associate profit share up 7.2 percent, with its agents receiving $34.6 million dollars back. Since the inception of the profit sharing program, the company has given back over $304 million in earnings to its agents. Additionally, CEO Mark Willis shared in his annual State of the Company address to more than 8,000 convention attendees that, since the real estate market’s sharp downturn in 2005, the company has grown 30 percent in agents, 40 percent in market centers, 21 percent in closed units and 11 percent in closed GCI.

The growth of the company can be attributed to the growth of its agents. Agent productivity continued to rise with units closed up 6 percent from December 2009 to 2010, while comparably, the NAR membership as a whole went down in closed units 4.8 percent. Overall the company’s associates saw productivity year on year percentage increases across the board in listings taken (up 13 percent), contracts closed volume (up 9 percent) and contracts closed units (6 percent).

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Run For The Water

Registration is now open for the 2009 Gazelle Foundation Run for the Water presented by Keller Williams Realty. Rapidly becoming the premier fall running event for Central Texas, Run for the Water’s offers everyone from kids to casual joggers to competitive runners a great event that supports a great cause. Retaining last year’s popular downtown and west Austin venue, events include a 5K run, 10-mile race and a Kid’s K. Details for the race and race registration are at www.runforthewater.com .

By simply entering the race, every runner, regardless of their level, basically enables a lifetime of clean water for one other person in Burundi.

The founder of the Gazelle Foundation is Gilbert Tuhabonye. You can read more about him and his surviving genocide "This Voice in My Heart".