Keller Williams is out with both Q4 and year-end numbers, with an emphasis on team growth throughout 2021.
According to a company statement, Keller Williams agents closed 1.3 million deal last year, up 9.9 percent compared to 2020. That increased sales volume by 30.6 percent year-over-year to $532.2 billion.
On a quarterly basis, KW agents closed 331,900 transactions in Q4, down 5.4 percent over Q4 2020. Those closing amounted to $138.9 billion in sales, up 11.5 percent from Q4 last year.
“We are very proud of our continuing market share gains in the U.S. and Canada, while we declined slightly in transactions and new listings—that’s more indicative of the base effect of Q4 ’20,” said Jason Abrams, head of industry, kwx. “The COVID shutdowns in early 2020 allowed for a significant influx of pent-up housing demand to hit our agents in Q4 of 2020.
“As a result, our ongoing market share gains can best be seen in our year-end results and by comparing our Q4 ’21 to our Q4 ’19 benchmarks,” Abrams continued. “Compared to Q4 ’19, across the U.S. and Canada, our agents increased our homes sold and new listings up 21.8 percent and 2.2 percent, respectively.”
While the total number of KW agents worldwide dipped slightly in 2021 (188,121 compared to 188,244), company heads emphasize that gross commission income per agent reached $77,800 in the fourth quarter of last year, which is a 72 percent increase over the last decade.