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How Much Does a Keller Williams Realty Franchise Cost?

2025 Franchise Disclosure Document (FDD) Data

A Keller Williams Realty franchise costs between $182,430 and $335,697 in total initial investment, according to the 2025 Franchise Disclosure Document. The initial franchise fee is $35,000.

$182,430

Minimum Investment

$335,697

Maximum Investment

$35,000

Franchise Fee

$35,430 – $36,447

Fee Range

Keller Williams Realty Franchise Fee

Initial Franchise Fee $35,000

Item 7 Fee Estimate $35,430 – $36,447

Keller Williams Realty Total Investment Breakdown

Here is the itemized breakdown of costs to open a Keller Williams Realty franchise, as reported in the 2025 FDD Item 7 (Estimated Initial Investment).

Minimum Investment

Maximum Investment

Franchise Fee $35,430 – $36,447

Initial Franchise Fee Cash · On execution of the Franchise Agreement (See Item 5) $35,000

Other Initial Fees Cash $430 – $1,447

Real Estate $9,200 – $62,000

Leasehold Improvements Vendor's terms · Before opening $5,000 – $50,000

Initial Lease and Utility Deposits Vendor's terms · Before opening $3,700 – $10,000

Professional Association or Organization Fees, such as the National Association of REALTORS® or local Real Estate Board (if applicable) Cash · Before opening $500 – $2,000

Equipment & Assets $48,900 – $127,000

Office Furniture, Equipment, Phone and Computer Systems Vendor's terms · Before opening $40,000 – $110,000

Exterior Signs Vendor's terms · Before opening $5,000 – $10,000

Office Supplies Vendor's terms · Before opening $3,900 – $7,000

Training $0

Working Capital & Reserves $75,000

Additional Funds - 3 months Cash · As needed $75,000

Other Costs $13,900 – $35,250

Insurance Vendor's terms · Before opening $5,000 – $15,000

Professional Fees Vendor's terms · As billed $5,000 – $10,000

Broker License Cash · Before opening $1,500 – $5,000

Advertising Vendor's terms · As billed $2,500 – $5,000

Local MLS Memberships (if applicable) Cash $100 – $250

Total Estimated Investment $182,430 – $335,697

How Does Keller Williams Realty Compare to Other Real Estate Franchises?

Keller Williams Realty's minimum investment of $182,430 is above the Real Estate industry median. The median minimum investment for Real Estate franchises is $61,800.

$182,430

Keller Williams Realty Min

$61,800

Real Estate Median Min

$335,697

Keller Williams Realty Max

$220,312

Real Estate Median Max

Investment Analysis

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Frequently Asked Questions

How much does it cost to open a Keller Williams Realty?

The total startup cost for a Keller Williams Realty franchise ranges from $182,430 to $335,697, according to the 2025 Franchise Disclosure Document (FDD) Item 7. The largest cost category is Equipment & Assets at $48,900 to $127,000.

How much is the Keller Williams Realty franchise fee?

The Keller Williams Realty franchise fee is $35,000, as disclosed in the 2025 FDD. This is a one-time upfront fee paid to the franchisor and is separate from the total initial investment.

Is Keller Williams Realty a good investment?

Keller Williams Realty requires a total franchise investment of $182,430 to $335,697 and scores Legal Risk: 67/100, Training: 100/100 in our FDD analysis. See our full Keller Williams Realty franchise review for a detailed assessment of risks, territory, and support.

How much does a Keller Williams Realty franchise owner make?

Keller Williams Realty's 2025 FDD does not include Item 19 financial performance data, so franchise owner earnings figures are not publicly available from this source.