Keller Williams Franchise Review 2026: Ratings & Verdict

Product details

Contents

Key facts


The Verdict

Quick Verdict · who it fits

Keller Williams fits first-time franchise buyers looking for a mature real estate concept.

✓ Strengths

⚠ Risks to review

Key FDD Facts

The numbers a buyer needs first — straight from the filing.

Initial investment (Item 7)

$184K - $336K

Franchise fee (Item 5)

$35K

Royalty (Item 6)

6%

System size (Item 20)

1,217 +56

Years in business

32+ yrs

Company-owned units

16

Item 3 litigation

30 suits

Model Keller Williams's costs in the investment calculator → Prefilled from this filing — startup cost, cash flow and break-even.

Buyer qualifications

✓Exclusive territory•Owner-operator required✓No bankruptcy disclosed•30 Item 3 cases

Data extracted from the 2026 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.

What you'd pay the franchisor

Drag to your projected annual sales. Royalty 6% on gross sales.

PROJECTED ANNUAL SALES$500,000

$100k$2M

Royalty (6%)

—

Total / year

—

▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration

Executive Summary

Free AI summary — the first read on the filing.

Key Numbers

773

Total units open

9

Units opened last year

13

Units closed last year

-37 units from prior year

Net unit growth

AI Due Diligence Findings PREMIUM

What our analysis flagged across the 2026 filing.

5

Risks to review

4

Strengths identified

5

Questions to ask

Industry Benchmarks

How Keller Williams ranks against 81 Real Estate peers we've analyzed.

Initial investment

90th pct · of 81 peers

Franchise fee

56th pct · of 81 peers

System size

94th pct · of 81 peers

Real Estate industry averages

Avg investment

$146K - $363K

Avg franchise fee

$32K

Avg system size

257

Franchises analyzed

81

How Keller Williams stacks up

Closest concepts by category and investment.

Brand Item 19 Fee Investment Royalty Units
Keller Williams None $35K $184K - $336K 6% 1,217
Re MaxSimilar price None $35K $50K - $337K — 2,994
Re/Max Integrated RegionsBiggest system None $35K $37K - $337K 1% 2,994
ItripTop-rated in category Disclosed $10K $119K - $153K 4–6.1% 105

Compare side-by-side ↗

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Frequently Asked Questions

How much does a Keller Williams franchise cost?

Keller Williams requires a $35,000 initial franchise fee and a total initial investment range of $183,647–$336,495, per the most recent FDD on file.

Who owns Keller Williams?

Keller Williams is franchised by KELLER WILLIAMS REALTY LLC, the franchisor entity of record on its Franchise Disclosure Document. Item 1 of the FDD discloses the franchisor's corporate history, parents, and predecessors.

Does Keller Williams disclose financial performance (Item 19)?

No. Keller Williams does not include a financial performance representation in its FDD. Prospective buyers should rely on validation calls with existing franchisees and benchmark against industry medians.

What ongoing fees does Keller Williams charge?

Franchisees pay a royalty of 6% on gross sales as defined in Item 6 of the FDD.

How many Keller Williams locations are there?

As of their 2026 FDD, Keller Williams has 1,217 total locations, with 56 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.

Does Keller Williams grant exclusive territory?

Yes. Keller Williams grants franchisees an exclusive territory under Item 12 of the FDD. Note that exclusive territories often carve out online sales, alternative distribution channels, and non-traditional venues — review the full Item 12 language before signing.

What are the renewal and exit terms?

Per the FDD, Keller Williams discloses a renewal fee of $5,000, a transfer fee of $2,000. Review Items 10 and 17 for the full renewal and termination provisions.

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