Keller Williams Realty – Market Center FDD – Franchise Information, Costs and Fees
Type of Business
The franchisor has developed a distinctive business system that involves the delivery of real estate brokerage services and other services through KELLER WILLIAMS® REALTY Market Centers. In this Disclosure Document, they offer the right to develop and operate Market Centers in specific Awarded Areas. They have authorized third parties to act as their Regional Representatives in specific regions.
Corporate Information
Keller Williams Realty, Inc. was incorporated in Texas on December 21, 1994 and maintains its principal place of business at 1221 South Mopac Expressway, Suite 400, Austin, Texas 78746. They conduct business under their corporate name and under the trade names “KELLER WILLIAMS®,” “KW REALTY,” “KELLER WILLIAMS REALTY,” “KW LUXURY,” “KELLER WILLIAMS LUXURY,” “KELLER WILLIAMS LUXURY INTERNATIONAL,” “KW LUXURY INTERNATIONAL,” “KW COMMERCIAL,” “KW LAND,” and “KELLER WILLIAMS REALTY INTERNATIONAL.”They have offered and sold licenses to develop and operate KELLER WILLIAMS® market centers since November 22, 1995.
Investment
The total investment necessary to begin operation of a Market Center ranges between $182,430 to $335,697. This includes $35,430 to $36,447 that must be paid to the franchisor. If you sign a Business Center Addendum to thefranchise agreement, the total investment necessary to begin operation of a Business Center ranges between $29,600 to $88,650. This includes $2,500 that must be paid to the franchisor. If the franchisor authorizes additional concepts, we may impose a reasonable initial fee for each concept you offer.
