You know the old adage: time flies when you’re building businesses worth having and lives worth living! Or, if that’s not how it goes, we think it should! In any case, 2022’s first quarter probably passed in a blink for KW agents. Though we’ve nearly reached the midway point of the year, things don’t seem to be slowing down at all—as evidenced by the more than 10% increase in total sales volume compared to Q1 of 2021.
Here’s a look back at al of your success over the first three months of the year:
US & Canada KW Agent Production (2022 Q1)
- $108.4 billion in sales volume (+10.5% compared to last year)
- 258,400 transactions closed
- 154,000 new market inventory listings
- 295,800 projected closing contracts written
- Total written contract volume of $126.2 billion (+8.2% compared to last year)
While it’s true housing prices (as well as most other things) have gone up, these values have also pushed agents’ commissions well beyond the rate of inflation. Thanks to KW’s world-class training and technology, there’s no reason you and your fellow agents won’t be positioned to weather the headwinds of rising mortgage rates and constrained inventory.
Of course, it’s not just the North American market that is thriving. Internationally, KW has been capitalizing on momentum and delivering for our agents abroad:
KW Agent Production Outside of US and Canada (2022 Q1)
- 15,700 new agents joined
- 16,500 closed transactions (+25.9% compared to last year)
- $3.2 billion in closed sales volume (+27.1% compared to last year)
- Total written contract volume of $2.9 billion
The same technology and training that KW agents enjoy in the US is also being taken advantage of across the world, allowing for a consistently strong pipeline for new international regions.
Culture Is At The Heart of KW’s 2022 Success
In January, KW was ranked in the 51st spot of Glassdoor’s Best Places to Work in 2022. The same month, Entrepreneur magazine honored KW at #92 on their 2022 Franchise 500 list.
In February, RISMedia identified seven KW leaders in their 2022 list of Real Estate Newsmakers while Forbes included KW at no. 140 in their 2022 lineup of America’s Best Large Employers.
In March, six KW agents could be found on REALTOR Magazine’s 30 Under 30 list, and overall the brand was recognized by RealTrends as the “most prolific franchise network”.
These accolades, in addition to the hundreds that KW has earned over the decades, mean what you are doing is working better than ever. Our family is growing and thriving despite these unprecedented times, and this aggressive growth is set to continue through the end of the year, and beyond.
Just don’t blink…or you might miss it!