{"id":2909,"date":"2021-12-05T22:13:20","date_gmt":"2021-12-05T22:13:20","guid":{"rendered":"https:\/\/marketcentersites.com\/mc355\/?page_id=2909"},"modified":"2021-12-05T22:13:20","modified_gmt":"2021-12-05T22:13:20","slug":"profit-share","status":"publish","type":"page","link":"https:\/\/marketcentersites.com\/mc355\/profit-share\/","title":{"rendered":"Profit Share"},"content":{"rendered":"

On the heels of losing seven of their top asso\u00adciates to better financial opportunities in 1986, Gary Keller, co-founder and executive chairman of Keller Williams, and the first Associate Leadership Council (ALC) convened to reinvent the company and create one that no one would ever want to leave. What resulted from this meeting was \u201cprofit share\u201d \u2013 a system providing risk-free wealth building op\u00adportunities for all associates.<\/p>\n

When the concept was introduced, others in the industry were quick to call it impossible and the creators crazy. Unfazed, Keller blazed forward, creat\u00ading his own path. His choice to defy the critics has paid off. Over\u00a0$1.5 billion (and counting)<\/strong>\u00a0in profit share has been distributed since the program\u2019s inception, showing Keller Williams\u2019 long-standing commitment to reward\u00ading associates for the success they\u2019ve achieved together.<\/p>\n

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\"kw-profit-share-explination\"<\/figure>\n<\/div>\n

Unlimited Wealth in Your Hands<\/strong><\/h3>\n

The wealth-building opportunity places Keller Williams above the rest.<\/p>\n

At most companies, when the work stops, so does the paycheck. Not at Keller Williams. With the understanding that agents can\u2019t be in production forever, the profit share system was created as a financial tool to allow KW associates to build inheritable wealth through passive income. There is no catch or fine print, and calculations are simple and transparent.<\/p>\n

Here\u2019s how it works:<\/strong><\/p>\n

    \n
  • When deals close, KW associates who haven\u2019t yet met their cap pay company dollar to their market center.<\/li>\n
  • The market center uses this money to pay operating expens\u00ades. What\u2019s left over is profit and, unlike with other companies, a portion of that profit is shared back with the associates who helped the company grow by bring\u00ading on productive agents.<\/li>\n<\/ul>\n

    Currently, the profit share system grows seven levels.<\/p>\n

    When someone names an agent as their sponsor or the associate responsible for introducing them to the company, they go into their first level. Each sponsor gets 50% of the profit attributed to the profitable activities conducted by the associates they bring on. And, even as the percent\u00adages decrease throughout the levels, they never fall below 5%, which is higher than the top tier of other wealth-building systems in the industry.<\/p>\n

    Sustainable Wealth Building<\/strong><\/h3>\n

    Keller Williams elected to use a profit-sharing model to ensure that each busi\u00adness would be profitable and sustainable. It isn\u2019t about greed or complexity as some skeptics say \u2013 it\u2019s just simple economics: only successful, profitable companies have enough money to keep their doors open and distribute a share of their profits.<\/p>\n

    This, in turn, motivates all associates to achieve growth together. It\u2019s not about any one agent or a single check \u2026 It is about building empires as a collective. Profit share is about bringing on the right people \u2013 top-performing agents \u2013 and growing businesses with them. Simply put, Keller Williams Profit Share is the only wealth-builder in its class ensur\u00ading financial stability and growth for the company while providing unlimited wealth opportunities for the people who make the company successful.<\/p>\n

    For Keller Williams Capital District husband-and-wife duo Marc and Carrie Weiss, the Keller Williams profit share model is about sharing the joy with their family and associates. \u201cI wanted to be in partnership with our associates, and\u00a0profit share\u00a0seemed to be an amazing reflection of our value system,\u201d says Marc,\u00a0who is the operating principal of the 350-plus-associate market center.<\/p>\n

    Between himself and Carrie, who serves as the market center\u2019s\u00a0team leader, the couple\u2019s\u00a0profit share tree\u00a0spans 860 associates. As a family, they have accumulated more than $700K in profit share within a 13-year period \u2013 $126K of that sum in 2019 alone. That number might seem daunting, but it is the result of small seeds planted throughout the years.<\/p>\n

    \u201cThe first time\u00a0profit share\u00a0became very real for us was in the beginning of our time with Keller Williams. We had mortgaged our house and it was rough, but we were committed to going on a Disney vacation with our family of five. At the time, $5,900 in profit share came in and that feeling was amazing,\u201d Marc shares. \u201cI want our people to have that feeling.\u201d<\/p>\n

    For\u00a0Summit New Jersey mega agent\u00a0Sue Adler, profit share came similarly through exponential growth. For her, it is a no-brainer and the easiest way to earn passive income.<\/p>\n

    Adler\u2019s first-ever profit share was $25 back in 2004. In her initial six months with Keller Williams, she earned a total of $812. Flash forward to 2017 and 2018 \u2026 she\u2019s earning over $200,000 a year in profit share on top of her GCI. Her total lifetime profit share distribution exceeds $1 million.<\/p>\n

    Even more impressive, Adler has generated this income by recruiting only 14 people to her level one downline.<\/p>\n

    \u201cEarly on, I decided I would test the profit-sharing model in a big way. I sought out influencers who would be great operating principals and found three who now own 10 market centers collectively. I never imagined this would grow to the level it has. The real reward has been the huge opportunities I have been able to create for others,\u201d she shares.<\/p>\n

    Making a Difference Through Profit Share<\/strong><\/h3>\n

    When asked what profit sharing has allowed her to do, Adler replied, \u201cMy philosophy is that money is good for the good it can do.\u201d One example of how Adler gives back is through The Sue Adler Team\u2019s Annual 100th Home Sale Charity Program, where she donates $20,000 to six local charities, as voted on by the community. She has also funded Hear It Direct \u2013 a real estate consumer conference \u2013 through profit share and later donated the video content to KW\u2019s Customer Experience course.<\/p>\n

    \u201cThe best part about profit sharing is that I can live a life by design and will it to my daughters! One of my personal goals was to travel to all seven continents. In 2019, we visited Africa, making that our seventh! Thank you, Gary Keller, for being the kind of leader that creates opportunities of abundance for others, and for empowering us to pay it forward. I\u2019m so grateful.\u201d<\/p>\n

    The wealth you build with profit share is not only for today, but it is also part of the legacy you will leave behind. After you\u2019ve been with Keller Williams for seven years, you are vested; your profit share distribu\u00adtions will continue to roll in as long as the associates you sponsored down your seven levels continue contribut\u00ading to the profit of the market center and you do not subsequently compete or recruit against Keller Williams. And, if you choose to exit production, the checks will follow and your profit share tree will continue to provide shade for all those under it for generations to come.<\/p>\n","protected":false},"excerpt":{"rendered":"

    On the heels of losing seven of their top asso\u00adciates to better financial opportunities in 1986, Gary Keller, co-founder and executive chairman of Keller Williams, and the first Associate Leadership […]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-2909","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/marketcentersites.com\/mc355\/wp-json\/wp\/v2\/pages\/2909","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/marketcentersites.com\/mc355\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/marketcentersites.com\/mc355\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/marketcentersites.com\/mc355\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/marketcentersites.com\/mc355\/wp-json\/wp\/v2\/comments?post=2909"}],"version-history":[{"count":1,"href":"https:\/\/marketcentersites.com\/mc355\/wp-json\/wp\/v2\/pages\/2909\/revisions"}],"predecessor-version":[{"id":2914,"href":"https:\/\/marketcentersites.com\/mc355\/wp-json\/wp\/v2\/pages\/2909\/revisions\/2914"}],"wp:attachment":[{"href":"https:\/\/marketcentersites.com\/mc355\/wp-json\/wp\/v2\/media?parent=2909"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}