Hybrid estate agent Keller Williams has passed the 200 agent hurdle in the UK and says its rapid growth is being helped by the Coronavirus crisis as more agents work from home and discover the advantages of home working.
It held a virtual company meeting yesterday afternoon hosted by UK CEO Ben Taylor at which its agents, market centre owners and prospective agents met online to discuss progress, along with colleagues from the US and Australia.
These included Bill Soteroff, the President of Keller Williams worldwide, Mark Readings, its UK Chief Information Officer and Andrew Benn, its UK Chief Operating Officer, who was until recently the Managing Director of Spicerhaart’s lettings division.
Tyler revealed that Keller Williams has more than doubled its number of instructions taken during the first quarter of the year compared to the same time last year, and also closed 169% more deals, and that its agents had earned 167% more commission income.
This has been driven in part by the addition of three new market centres, as the company likes to call its franchises, including Russell Quirk’s Essex operation, former Purplebricks territory owner JP Downes market centre in Warwickshire/Coventry and the latest, Lars Evans’ Gatwick-based West Sussex territory.
Quirk (left) says his market centre has recruited ten more agents since the Coronavirus crisis began which, he says, has included several former Haart and Purplebricks agents.
“The ambition for Keller Williams is to become the largest estate agency business in the UK and that’s not an impossible task when you consider the largest agency in the UK, Countrywide, has just 4% of the market sales market or 40,000 completions a year,” says Quirk.