The first time I ever heard about the Keller Williams Realty Profit Share System it was referred to as a scheme by a competitive company that I was interviewing when I was considering moving my license from a regional company in 2003. Looking back, I could see why they were skeptical. At the time, Keller Williams had about 10k associate in all of the United States and Canada. Considering that the company went over 100k associates in 2014 – it is no longer a “scheme”. It is Reality, It is a Gift and real estate agents can continue to ignore it at their own financial detriment.
First – Profit Share is a GIFT. It is a gift, given from the owners of Keller Williams (Local and International) that rewards those that help grow the company and keep it productive.
A GIFT. A THANK YOU. Any other “tag” that others outside of KW try to put on the system, just don’t understand.
Profit Share is paid out to those associates that have helped the company to grow. Every Associate that joins Keller Williams names a sponsor.
To get the gift of Profit Share you must have:
– Had an associate name you as a sponsor
– That associate must have been productive during the month and split part of their commissions with their local market center.
– That Market Center had to have been profitable for the month (or else there would not be anything to share)
The added layer to the gift, is that you you are named as a sponsor, you also get an ongoing gift based upon the additional agents that they sponsor, and ongoing for a total of 6 layers down – (a total of 7 levels of payout)
This one calculation method causes others outside of KW to cry “scheme” – or “pyramid” and this is just not true. Take a look and find out for yourself.
You see, no scheme… There are no water filters to buy. – Why is it called a scheme by some? The owners of other real estate companies and franchises do not want to share the profits. Pardon the Pun, but that is the BOTTOM LINE. When you look at the company as being the reason for the success of the agents, then they keep all that is collected. Compare that to the History of Keller Williams and you will see that we do thing differently.
How does a Profit Share Tree Grow??
Everyone has a sponsor. All 90k of the associates that have joined since 2002 have a sponsor, and while others have been trying to come up with ways to discredit or flat out lie about the Profit Share System, others have been getting a nice thank you check every month. Keep doubting or start receiving… The Choice is Yours.
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A Business within a Business