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Investment: Keller Williams expands across Asia with regional office in India

Fiinews by Fiinews
April 20, 2023
in Investment
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Kapoor and team talk partnership with developers in the Delhi-NCR

Keller Williams (KW), the world’s largest real estate franchise by agent count from Texas, is expanding across Asia with a new region in India.

As of 31 March, the brand has 35 market centers and 1,349 agents across eight regions in Asia.

“Our global presence continues to expand with an impressive year-over-year increase of over 17 percent in our international agent count,” said William E. Soteroff, president of Keller Williams Worldwide (KWW), the international division of KW.

As of 31 March, KWW has more than 320 market centres (outside of the U.S. and Canada) across 55-plus regions. KWW has 18,461 agents collectively operating outside the U.S. and Canada, up 17.6% since the end of Q1’22.

“Building upon this remarkable growth, we’re excited to announce the opening of a new region in Asia, located in the vibrant and rapidly developing market of India,” said Soteroff.

Led by Regional Director Sahil Kapoor, KW is initializing operations in India. Currently, Kapoor and team are in conversations to partner with several respected developers in the Delhi-NCR market area.

“We are excited to offer the KW value proposition to our agents and clients,” Kapoor said on 18 Apr 2023. “We want to raise the bar of real estate services in India and that will differentiate us from the rest.”

With 14 years of experience in real estate, Kapoor’s long-standing business relationships with India’s major real estate developers are a strategic asset for KW’s launch. An award-winning real estate leader, he has been influential within National Association of Realtors India, participating in numerous training and speaking opportunities.

“India’s extraordinary growth and strong economic outlook make it an ideal fit for the most innovative real estate model in the business,” said Kapoor.

“Our long-term goal is for KW to be the largest and most trusted name in the real estate industry in India.”

KW is currently exploring further expansion opportunities across Africa, Central and South America, Central and Eastern Europe, and throughout Asia.

Core criteria for new licensees starts with having a qualified leadership team grounded in KW culture; the company also strives for government, banking and judicial system stability, and a higher maturity level for a real estate market.

“Agents across the globe are increasingly drawn to us because we are the place where entrepreneurs thrive,” said Soteroff. “Relentlessly focused on agents, we offer world-class models, systems, training and technology that empowers their businesses for growth in any market.”

Austin, Texas-based Keller Williams, the world’s largest real estate franchise by agent count, has more than 1,100 offices and 189,000 agents. fiinews.com

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