Customer feedback on Keller Williams brokerages is mixed. Some reviews praise their agents, while others highlight issues with specific agents. The Better Business Bureau gives Keller Williams a D grade and says that rating is due to unresolved complaints. It says nine complaints have been filed against the brokerage, and six have passed the resolution timeframe.
Exp Realty offers its agents a commission split of 80/20 with a cap of $16,000 per transaction. In addition, each agent pays a risk management fee of $40 and a broker review fee of $25. As a result, the company charges its agents between $60 and $80 per month in most market centers. However, the company charges about $139 per month in Canada and the US.
The onboarding process is more straightforward than in the past, and the company offers numerous resources for its agents. For example, agents are encouraged to develop their brand by completing customizable templates. This brokerage has also begun offering lost-cost health benefits, which most brick-and-mortar brokerages do not offer their agents. Additionally, agents do not receive traditional salaries; instead, they are paid based on the work they complete and the types of properties they list.
KW Atlantic BEACH Partners
If you’re buying a home in Neptune Beach, Florida, consider Keller Williams Atlantic Partners. They specialize in selling homes and finding buyers their dream homes. Read real estate reviews to see what others say about this agency. Five reviews are available for KW Atlantic BEACH Partners, with an average rating of 4.4 stars.
KW Real Estate School
There are several reasons to check out the KW Real Estate School reviews. The first is that it’s one of the country’s most widely known real estate schools. With over 6,000 reviews and a 4.7-star average, it’s a safe bet that customers are satisfied with the education offered at the school. Additionally, the school offers standard course content and a learning library, a resource for students interested in enhancing their knowledge of the real estate market.
Another reason to consider the KW Real Estate School is that it offers pre-licensing classes for new agents. The program is not as comprehensive as expected but covers the state’s requirements. Students are required to complete eight courses, five of which are mandatory. However, they are allowed to choose an elective course. Lastly, if they are looking for a fast-track course, there are options to customize the curriculum, such as online learning.
While Keller Williams is the oldest real estate brokerage, it is trying to keep up with the times and become more customer-focused. The company offers new agents good training and education; some agents have commented that it has a different culture than other brokerages. However, you should be aware that it is a franchise, and your results will not be the same as with a locally-owned business.
The founders of Keller Williams real estate, Joe Williams and Gary Keller, began the company in 1983 as a single office in Austin. Several years later, the firm expanded to multiple locations. However, its headquarters remain in Austin, where the company annually holds its Mega Camp conference. The company’s mission is to become the best agency by improving the customer experience and agent support.
Alternatives to working with a Keller Williams agent
Working with a Keller Williams agent has many benefits, including a generous commission split, robust training programs, and extensive continuing education. However, there are also some drawbacks to working with Keller Williams. If you’d rather not pay high desk fees, you may want to consider working for another brokerage.
The commission split from Keller Williams is similar to that from many other brokerages, except that agents retain a more significant percentage of the commission. During a transaction, 70 percent of the commission goes to the real estate agent, and the rest goes to the brokerage. Additionally, Keller Williams agents pay a franchise fee, which amounts to six percent of their commission each time an agent closes a transaction. This is a relatively small fee compared to the ller Williams agenagent’s compensation it’s worth noting.