Keller Williams Realty – Regional Representative 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 ILLIAMS® REALTY Market Centers. In this Disclosure Document, they offer the right in specific Regions to recruit screen and evaluate for the franchisor prospective franchisees who desire to operate Market Centers, and to provide certain services related to the development, training and operations of those franchisees.
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®,” “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.
The total initial investment necessary to begin operation of a Regional Office franchised business is $141,000 to $441,500. This includes $10,000 to $18,000 that must be paid to the franchisor for the right to market franchises for Market Centers and to provide services to Franchisees. These figures are based on a $2,000 per Market Center initial fee and your being required to develop 5 to 9 Market Centers during the initial period.