Keller Williams vs RE/MAX: Which Is the Better Investment?

Based on FranchiseStack.ai's analysis of 188+ franchise FDD filings — side-by-side comparison of investment costs, fees, unit economics, and franchisee satisfaction. Updated 2026.

Real Estate Real Data Not Investment Advice
KW

Keller Williams

Real Estate
$184K – $337K
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VS
R

RE/MAX

Real Estate
$39K – $225K
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At a Glance: Key Differences

Data-driven observations based on disclosed figures. Not investment advice — verify current numbers in each franchise's FDD.

Investment Cost
RE/MAX wins on investment range ($112K less) vs Keller Williams.
Fee Burden
RE/MAX wins on royalty rate (6.0% lower) vs Keller Williams.
Unit Count
RE/MAX wins on total units (7,800 more) vs Keller Williams.
Satisfaction
Keller Williams wins on franchisee satisfaction vs RE/MAX.

Detailed Analysis: Keller Williams vs RE/MAX

According to FranchiseStack.ai's franchise database of 188+ FDD-sourced opportunities, Keller Williams and RE/MAX are among the most-researched franchise comparisons. The choice comes down to your investment capacity, risk tolerance, and operational preferences. Both operate in the Real Estate sector, which means they compete for similar customers and territory. RE/MAX has a larger footprint, which typically translates to stronger brand recognition but potentially more territorial saturation.

From a capital perspective, RE/MAX has a lower entry point. However, initial investment alone doesn't determine ROI — ongoing royalties, revenue potential, and failure rates all factor into long-term returns. RE/MAX charges a lower royalty rate, which means more of your gross revenue stays in your pocket.

Franchisee satisfaction is one of the strongest predictors of long-term success. Keller Williams leads with a 78/100 satisfaction score, indicating that existing owners are more positive about their decision. Before committing to either franchise, we recommend running both through our Financial Model tool to project personalized 5-year P&L scenarios. You should also review each franchise's complete Franchise Disclosure Document using our FDD Checker to understand litigation history, termination rates, and territory restrictions.

Investment & Fees

Metric Keller Williams RE/MAX
Min Investment $184K $39K
Max Investment $337K $225K
Franchise Fee $35K $25K
Royalty Rate 6.0% 0.0%
Ad Fund Rate 0.0% 0.0%

Unit Economics

Metric Keller Williams RE/MAX
Avg Unit Revenue $2.0M $1.2M
Avg Profit Margin N/A N/A

Scale & Growth

Metric Keller Williams RE/MAX
Total Units 1,200 9,000
Annual Growth 1.0% -0.5%
Failure Rate 2.0% 2.0%

Franchisee Performance

Metric Keller Williams RE/MAX
Franchisee Satisfaction 78/100 72/100

Track Record

Metric Keller Williams RE/MAX
Years in Business 41 51
Years Franchising 37 48

Financial Requirements

Metric Keller Williams RE/MAX
Min Net Worth Required $300K $250K
Liquid Capital Required $150K $35K

Operations

Metric Keller Williams RE/MAX
Avg Employees 20 10
Training Weeks 4 2

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Frequently Asked Questions

Is Keller Williams or RE/MAX a better franchise investment?

The answer depends on your goals, budget, and market. Keller Williams has 1,200 total units and a 78/100 franchisee satisfaction score. RE/MAX has 9,000 total units and a 72/100 franchisee satisfaction score. Use our ROI Calculator to model both scenarios.

How much does it cost to open a Keller Williams franchise?

Based on data in our database, opening a Keller Williams franchise requires an initial investment of $184K – $337K. The franchise fee is $35K, with ongoing royalties of 6.0%. Always request the current FDD for exact figures.

How much does it cost to open a RE/MAX franchise?

Based on data in our database, opening a RE/MAX franchise requires an initial investment of $39K – $225K. The franchise fee is $25K, with ongoing royalties of 0.0%. Always request the current FDD for exact figures.

What is the royalty rate for Keller Williams vs RE/MAX?

Keller Williams's royalty rate is 6.0%. RE/MAX's royalty rate is 0.0%. That means RE/MAX has the lower ongoing royalty burden.

Which has more locations — Keller Williams or RE/MAX?

Keller Williams has 1,200 total units. RE/MAX has 9,000 total units. A larger system can mean more brand recognition, but also more territorial competition.

Is Keller Williams or RE/MAX semi-absentee friendly?

Keller Williams is typically run as a owner-operator model. RE/MAX is typically run as a owner-operator model. If passive income is your goal, semi-absentee models let you hire a manager to run day-to-day operations.

Data sourced from franchise disclosure documents and public records. Investment ranges, royalty rates, and unit counts change — always request current FDD before making investment decisions. Last updated March 2026.

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