In simpler terms, the EXIT Formula is real estate re-invented. What’s the reason behind this success? Based on the founder, Steve Morris, it’s the exclusive EXIT formula that makes this real estate website a phenomenal growth. This company specializes in offering precise and strategic solutions to those who are looking for ideal real estate.ĮXIT Realty Corp was founded on September 3, 1996, and it has become one of the fastest growing full-service real estate franchisor in the US. Jim Weichert still owns the company making it the largest realtor owned by an individual in US history. This company has over 500 offices and affiliates in as many as 37 states. Weichert started franchising in 2002 and this has lead to thousands of brokers and associates to come on board. His model was based on building a strong sales team and attracting excellent mergers and affiliations. His personal approach saw Weichert Realtors emerge as a leader. This proactive young man chose to go out and hand out business cards to potential customers every day and this is how he established a footing in the industry. With his real estate brokerage license, Jim dared to open a small office in Chatham, NJ surrounded by industry veterans. Weichert is one of the leading real estate brokerages in the United States which was founded by a young dream-filled man called Jim Weichert in 1969. This real estate giant is rearing to go and as the second largest in the United States, the company has its sight set even higher. The latest franchise venture is in Dubai. Today, it has offices in Austria, Switzerland, Germany, Turkey and the United Kingdom. Later, the company expanded to Indonesia and Southern Africa. Its first overseas venture was in Vietnam in 2012. Through the years, Keller Williams has opened up new divisions to capitalize on various real estate niches like the commercial real estate sector and luxury homes.
The secret to its rapid success was pegged on its commission sharing strategy which was 70/30 split for agents. It employed the Austin model to take the new office to the top. In the early 90s, the brokerage spread its wings beyond Texas and opened an office in Oklahoma. Within 2 years, this company had made its name in Austin with a total of 72 licensed agents making it the largest in the city. It was founded by Gary Keller and Joe Williams who started with a humble single office in Austin. In addition, it is the largest privately owned real estate brokerage in the US. This company has gone international and at the end of 2014, the agent numbers stood at 100,575. Founded in 1983 in Austin Texas, Keller Williams Realty is the largest real estate franchise going by agent count in all of North America.
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