Brokerage

Keller Williams Q3 earnings continue to show growth

Keller Williams increased its agent count and number of transactions this quarter

Numbers only tell part of a company's story, of course -- but they're an important indicator of how any given company is doing at any given point in time. This quarter's earnings report from Keller Williams continues to tell a story of growth. The company reports $78.9 billion in sales volume in the third quarter of 2016, a 15.2-percent increase over the third quarter of 2015. It also reports that its agents closed 279,289 transactions in Q3 (up 12.7 percent over Q3 2015), and that franchisee owner profit and profit share increased 7.5 percent and 10.4 percent year-over-year, respectively. “During September, when traditional real estate is content to slow down, we set all-time company records in every major production category we track,” said John Davis, president of Keller Williams, in a statement. “Our agents are focusing on the right activities at the right time. They’re expanding market share and funding bigger lives for their families.” Keller Williams also...