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Real Estate Busines Buzz - Have You Seen What's Happening?

Have you seen what’s happening in the Real Estate business world?  Mergers and acquisitions are occurring left and right. Even Rupert Murdoch’s company, News Corp (owner of Fox and the Wall Street Journal among others), is getting in the game by purchasing Move, Inc., operator of Realtor.com, ListHub and Moving.com. It’s very reminiscent of the climate in the telecom industry when dozens of companies merged down to three major players.

Nearly every day it seems a new deal is announced, but take a step back and look at the big picture. Forget the momentary excitement of the latest merger or acquisition and see what is actually going on. Do you think these changes will affect you?  We believe they might, and want to make sure you know where Keller Williams Key Partners stands.

As two young real estate agents working for what was then the largest real estate company in Austin, Texas, Gary Keller and Joe Williams believed a company should work for its employees rather than the other way around – so the two men joined forces to found Keller Williams Realty in 1983. Four years later, the partners began franchising.

We want to let you know that Keller Williams, while being a major player in the Real estate industry (now the largest real estate franchise in North America by associate count), is not likely to be merging anytime soon.  As a matter of fact, your local Keller Williams office is a franchise, with each branch independently owned and operated, including our Key Partners office. We are local agents with local ownership (our owners work right alongside all our agents in our office), and we are not looking to become a conglomerate anytime soon. We believe Real Estate is a hyper-local industry, and we can bring you the best service and representation by being a part of the community we represent.