Keller Williams Realty Danville Profitable & Growing in Tough Times

Keller Williams Realty in Danville, CA is moving into their expanded office space this week at the Rose Garden (Sycamore Valley Road & Camino Ramon). The new space represents a 30% increase in office space for the Keller Williams Market Center that serves Alamo, Danville, San Ramon and Dublin, California.

Team Leader, Kristin White, reports that 8 new agents have joined the Danville office in the last couple of months. All of these agents are leaving other broker offices to join KW.

Why are agents joining Keller Williams?

One new agent saw her cost of doing business drop about $1200 a month. In these challenging times, Realtors are becoming just as value conscious as today’s home buyers.

Take a look at how Keller Williams is out-pacing the industry!

• While the National Association of REALTORS® has shrunk by 6 percent, Keller Williams has only experienced a 2 percent adjustment in agent count
• While other companies and offices are selling out or closing their doors, we opened 25 offices in the last 12 months
• While other companies are raising fees and charging their agents more in order to keep the doors open, the vast majority of our offices are profitable
• And, while agents with other companies worry about their financial security, we have given back more than $32 million in profits to our agents over the last year

Gary Keller, Chairman of the Board, and his team continue to buck the real estate industry trends with the Keller Williams’ agent-centric business model.

East Bay Real Estate Market in 3 Easy Pictures

For those more visually oriented, we offer this quick assessment of the real estate market in California's East Bay.

It's a great time to buy real estate in the East Bay! Contact Craig (925) 984-4910

Thanks to Transparent Real Estate for the inspiration.

I met today with two wonderful real estate agents from The Netherlands – Rik Deutekom & Martijn Appleman.

These two guys are going to shake up the local real estate agents in their home town! They have come to America to explore how we Americans are using the Internet and technology in real estate.

My partner, Paul Mees, is Dutch. Rik & Martijn had contacted him via his Dutch blog and arranged this meeting. Unfortunately, Paul is in Italy, so, I got to take the meeting.

Rik & Martijn are enthusiastic about doing real estate differently in Holland. I think they are going to set the real estate world on it’s ear back home.

Paul and I will be working closely with these entrepreneurs to help them develop their web presence while we also develop an international referral business with them.

Two and a half hours in a conference room with me and my computer didn’t slow these guys down at all. Most real estate agents’ eyes roll back in their head with only an hour of technology talk!

The National Association of Realtors for years has reported that the number one point of client dissatisfaction with their real estate agent is communication.

Clients' dissatisfaction with communication is usually lack of communication or communication that is not timely.

Realtors often feel caught between a rock and a hard place when it comes to communication. More and more people expect an immediate call back. Some Realtors set specific hours for call back so they aren’t always interrupting other things that need to get done to answer the phone.

Many people think Realtors spend too much time on the phone. A difficult thing to get away from when clients, like so many people today seem addicted to incessant cell phone activity.

But, these days communication isn’t just about the phone. It’s about text messaging, instant messaging and email as well. More and more clients buying and selling real estate are communication multi-taskers who expect their agents to communicate via their communication channel of choice – an expectation that creates difficulties for some technologically challenged Realtors.

This is one of the strengths of working the real estate business with a team. Each of us can rely on our other team members to fill an immediate communication need if we are busy.

Keeping the communication flowing is not only important, it is a necessity these days with all of the challenges in getting transaction through the escrow process. The escrow process, which use to be a fairly smooth process, is now fraught with daily hiccups due to all the changes happening in the mortgage and real estate industries.

Great communication is one of our primary goals and continual challenges.

Keller Williams Realty is launching a commercial real estate division. Keller Williams Commercial Real Estate is going to pretty much bring the same structure and advantages to commercial Realtors as they do to residential real estate agents:

Keller Williams Commercial Real Estate

• 100% Commissions after meeting the office cap
• Profit Sharing
• Agent Centric Business Model
• First-rate Training Programs

Keller Williams commercial real estate agents will benefit from lead generation through KW residential agents and be able to enjoy 100% commissions for most of their transacations.

Here's a short video of Dave Jenks, V.P. of Research & Development at Keller Williams talking about the new KW commercial real estate opportunity.

For more info contact John: (925) 895-2694