Keller Williams UK’s (KWUK) Gatwick market centre is rumoured to have closed but the self-employed agency network’s chief executive Ben Taylor insists it is just being run by a different team.
KW Xceed opened in 2021 with with Lars Evans as operating principle and Sarah Jane as market centre manager.
But just two years later both are no longer with the business and it is the latest of KW’s market centres to be rumoured to be closing.
It comes after it was announced last week that KWUK’s London Bridge Market Centre, owned and operated by industry figure Chris Buckler since 2018, has closed.
KWUK shifted responsibility for its Aspire market centre in Weybridge in April, which is now being run by its Prime leadership team based in Mayfair rather than the Oxygen office in Maidenhead.
Meanwhile, last month the company behind KWUK's Evolve Market Centre - TBF Centres - entered voluntary liqudation, Companies House documents show.
It comes as the director of the company, Evelyn Foster, has taken over the KW Scotia and the KW Caledonia Market Centres through another of her businesses called EA Market Centres that was formed in August 2022.
Taylor denied claims that the centre is shut and said it is now collaborating with KW Advantage in Bromley, South London.
He said: “Agents are transferring with the centre and will now be supported by the leadership team of KW Advantage.
“We are dedicated to supporting our agent business owners in developing and growing their businesses and we believe that the best way to provide this is by utilising our most experienced leadership team members and sharing their knowledge and expertise, as well as the well-established tools, models and processes across the network.
“Each of our agents has access to our centres around the country, benefiting from the community and network this provides.”
Taylor said this further restructuring is an important step in the development of the KWUK success story, adding: “KWUK has, over the last five years, invested significant time and resource in learning and building exactly what is required to best support agents to build businesses that are successful and market centres which are both profitable and impactful to their local communities.”
The future of another Keller Williams (KW) market centre in the...
The Keller Williams UK (KWUK) brand is facing yet another restructure...
Keller Williams UK (KWUK) is set to hold its largest ever...
Keller Williams UK (KWUK) is set to change its chief executive...
The predictions game can be tricky. Sometimes you just don’t know...
Leading UK property auctioneer Bond Wolfe has broken through the £100...
Uncertainty triggered by the new Labour Government and taxation concerns that...
In today's rapidly evolving property market, the focus on reducing transaction...
.png)
An exciting new collaboration between TVPN, EstateApps and Paul Long is...
By Mike Bilboe, Face For Business Buying or selling a home can...
LSL Estate Agency Franchising is home to one of the UK’s...
.jpg){kind=logo}
B-hive Block Management Partners Celebrates Major Milestone With Over 100 Businesses...
.jpg)
Tell us a little bit about National Home Move. We are a...
If you’re thinking about becoming an Estate Agency franchise or converting...
Estate agents and lettings agents have a legal obligation to protect...
You don’t have to simply accept things as they are when...
From the uptick in house sales in January to a house price...
Happy birthday to us….and all members of the The ValPal Network! We...
With a combined value surpassing £7.4 trillion, the UK’s 29 million...
%20-%20IMAGE%20Client%20Accounting%20%E2%80%93%20what%20are%20your%20options.jpg)
The benefits for letting agents to outsource their client accounting is...
When almost all agents and developers use the tried and tested formula...
I think we can all agree that the National Trading Standards...
.png)
As domestic battery storage systems become increasingly prevalent in UK homes,...
.png)
A team from The ValPal Network joined industry Facebook ads expert...
.png)
In this interview, Riccardo Dawson, Chief Operating Officer at Alto and...
%20(002).png)
In today's fast-paced and ever-evolving property industry, it’s essential that forward-thinking...
A client account is essential to your lettings business, but the...
As electric vehicles increasingly populate our roads and the necessity for...
As estate agents, it is important to make sure that your...
Estate agency has changed. No longer is it required to sit in...
Changes to consumer behaviour usually arrive in waves. Most of the...
At iamproperty we are excited to share the announcement of our...
It’s no secret – 2023 is a difficult year for the...
In an exclusive interview with Estate Agent Today, Simon Coaker, Sales &...
2023 has been coined as ‘the year of AI adoption’, and...
%20(002).jpg)
There are a few common questions that arise when the issue...
As a signage company we know we have a serious responsibility...
The Government’s mini budget on September 23 was anything but ‘mini’...
Agent websites have become more crucial than ever in attracting new...
.png)
Who are you and what does it say on...
Who are you and what does it say on...
Who are you and what does it say on...
.jpg){kind=avatar}
Join the conversation
Jump to latest comment and add your reply
Rumour has it ...followed by denial and spin.
The business model is past its sell-by-date and should be given last rites.
On their franchise page on their own website they admit you need 50+ agents in a market centre to make any money, then futher down the same page 100? Do they know which? Not sure any MC has ever had either, and hardly surprising when they say "each Agent individually contributes relatively little". Not going to get the phone ringing off the hook with that recruitment strapline, however it is true nonetheless. They currently have about 200 agents over 11 MCs, one of which has closed. That feels like a self employed pyramid scheme thats starting to crumble.
Taylor increasingly manifesting his inner comical Ali!
Please login to comment