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Keller Williams Former Agent Profit Sharing Reduction – Class Action Investigation

May 1, 2024 by  

Ahdoot Wolfson is investigating a potential class action lawsuit against real estate firm Keller Williams (“KW”) following announced changes to its profit sharing program that drastically impact and penalize KW agents who depart KW for another firm. 

Last summer, KW announced that agents who leave KW to join a competing firm would see their profit share distribution reduced from 100% to 5%, while former agents who simply retired or left the industry altogether would retain the full profit share. An incentive was also put in place for former agents so that if they leave KW’s competitor and return to KW within 6 months of the effective reduction date, they will have their profit share restored to 100%.

Ahdoot Wolfson is investigating whether KW’s changes to the profit sharing program and reductions in profit share for agents who go to competitor firms is a breach of contract and other agreements between KW and its agents/former agents. 

If you are a former KW agent who experienced a drastic reduction in your profit share after you took employment with a KW competitor, we would like to hear from you. Please fill out the form below and one of our attorneys promptly will contact you.

Keller Williams Profit Sharing