Keller Williams Australia

Trusted
No reviews yet
Founded2013
HeadquartersAustin/AU
Websitekw.com
Trust Score80/100
Views37

About Keller Williams Australia

Keller Williams Australia is a network marketing company focusing on real estate solutions. Founded in 2013 and headquartered in Austin, Australia, it offers a unique business opportunity through independent distributors.

Their compensation plan is customer-based, where distributors earn money by selling products at retail prices and building teams. While the trust score sits at 80/100 and they have a Trustpilot rating of 3.0/5, it’s wise to review their income disclosure statement before jumping in.

Overall, Keller Williams Australia provides a low-risk model for those seeking to enter the real estate market. However, as with any MLM, success depends on personal effort and market conditions.

Pros and Cons

✓ Pros

  • Established Brand
    Keller Williams is a well-known name in real estate, giving credibility to its referral model.
  • Low Risk Level
    With a low-risk level indicated, it suggests that the business model is relatively stable and not heavily reliant on recruitment.
  • Flexible Income Potential
    Distributors can earn through retail sales and team-building, allowing for multiple income streams.
  • Solid Trust Score
    An 80/100 trust score indicates a generally positive reputation among users.

✗ Cons

  • Mixed Trustpilot Reviews
    With a 3.0/5 rating on Trustpilot, experiences can vary widely among distributors.
  • Income Disclosure Caution
    The advice to review the official income disclosure statement suggests that actual earnings may not be as high as some might hope.
  • Entry Costs
    New distributors must purchase products at wholesale prices, which can be a financial barrier for some.
  • Team Building Pressure
    The focus on team-building might not suit everyone, especially those who prefer independent sales.
Verdict: Keller Williams Australia offers a solid entry into MLM with a reputable brand and a relatively low risk. However, potential distributors should be cautious of mixed reviews and the necessity of upfront investment. It's worth exploring, but do your homework first.

Best for: It's suitable for self-motivated individuals who are comfortable with sales and team dynamics. If you're wary of recruitment-based models or upfront costs, this might not be for you.

Risk Analysis

Keller Williams Australia presents a low risk for potential distributors, primarily due to its customer-based referral model and a decent Trustpilot rating. However, it's essential to review the income disclosure statement to understand potential earnings.

Key Concerns

  • Income potential may vary significantly moderate
    Income disclosure statements often reveal that a small percentage of distributors earn most of the income.

Positive Indicators

  • Decent Trustpilot rating
    Trustpilot score of 3.0/5 indicates mixed but generally acceptable customer feedback.
  • Low risk compensation plan
    Customer-Based Referral structure reduces the likelihood of reliance on recruitment.
Consumer Advice: If you're considering joining Keller Williams Australia, make sure to read the income disclosure statement carefully. Understand that while the risk is low, your success will largely depend on your sales skills and network.

Frequently Asked Questions About Keller Williams Australia

Is Keller Williams Australia a legitimate MLM company?

Yes, Keller Williams Australia is a legitimate MLM company. Founded in 2013 and headquartered in Austin, they operate under a customer-based referral model, which allows distributors to earn through product sales and team-building.

What products does Keller Williams Australia sell?

Keller Williams Australia primarily focuses on real estate services. They offer training, resources, and tools to help real estate agents succeed, rather than physical products.

How much can you make with Keller Williams Australia?

Earnings at Keller Williams Australia can vary widely. Distributors earn income through retail sales and team-building commissions, but actual income depends on your sales volume and rank level.

Are there complaints about Keller Williams Australia?

Yes, there are mixed reviews about Keller Williams Australia. With a Trustpilot score of 3.0/5, some people praise the training and support, while others mention issues with the compensation plan.

What is the compensation plan for Keller Williams Australia?

Keller Williams Australia's compensation plan is based on a customer-based referral structure. New distributors purchase products at wholesale and earn the margin difference through sales and team-building commissions.

What are the costs to join Keller Williams Australia?

To join Keller Williams Australia, you typically need to purchase products at wholesale prices. The exact cost can vary, so it's best to check their site or contact a distributor for specifics.

Does Keller Williams Australia have a BBB rating?

Keller Williams Australia doesn’t have a BBB rating listed. However, their overall trust score is 80/100, indicating a generally positive reputation.

What are some alternatives to Keller Williams Australia?

Alternatives to Keller Williams Australia include other real estate brokerages or MLMs focused on similar services. Companies like RE/MAX, Century 21, and eXp Realty might be worth exploring.

Compensation Plan

Plan Type

This is a Customer-Based Referral plan. In simple terms, it means you earn money by selling products directly to customers and by building a team of other sellers.

How Earnings Work

  • Retail Profit: You buy products at a lower price and sell them at a higher price to customers. The difference is your profit.
  • Team Commissions: As you recruit others to sell, you earn a percentage of their sales, too.
  • Bonuses: You can earn extra bonuses for reaching certain sales targets or for how well your team performs. This includes things like Sponsor Bonuses and Leadership Bonuses.
  • Incentive Trips: If you hit specific goals, you might even earn trips as rewards!

Qualification Requirements

  • You often need to maintain a minimum amount of personal sales each month to earn commissions.
  • To climb the ranks and earn higher commissions, you need a certain number of active team members.
  • Advancing in rank is based on the total sales volume from both your personal sales and your team's sales.

Red Flags

  • There's a focus on recruitment, which can lead to a pay-to-play situation.
  • Most distributors earn only supplemental income, and only a small fraction make significant money.

Trust Score

80
/ 100
Low Risk
External Ratings
Flags & Notes
  • Review official income disclosure statement before joining

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