Keller Williams Realty has a very unique profit share program. Outside the US and Canada, the program is called growth share. Both programs provide opportunities for Keller Williams associates to generate truly passive income without any risk, management responsibilities or financial investment.
The general concept is the same one used by Fortune 500 companies in their hiring practices. Whenever one of our associates refers someone to Keller Williams who ends up getting hired, the associate who referred the new hire gets a financial reward.
INCOME FOR LIFE: PROFIT SHARE & GROWTH SHARE
A unique feature of the Keller Williams profit share and growth share systems is that instead of a one-time cash payout, the associate who referred the new hire gets paid indefinitely. It provides an opportunity to create an additional stream of income that requires no ongoing work or maintenance.
Profit share income has turned into significant income for many of our Keller Williams associates. There are many people who are completely retired from the real estate sales business due to their profit share income, which will continue to pay them long after they retire.
LEAVING A LEGACY
Another wonderful feature of the Keller Williams profit share and growth share systems is that our associates become “vested” after three years and one day with the company. Our associates can start receiving profit share and growth share disbursements in their first month with the company, and after three years and one day, they can leave the company and continue to receive those disbursements for the rest of their lives. They can even leave the disbursements in their will for their heirs.
This video does a great job of explaining how it works. It is an “equal opportunity, unequal outcome” system. Everyone at Keller Williams can participate, but not everyone does. Will you?