JP Downes, who operated Keller Williams Warwick between 2020 and 2022, along with Sarah Downes, penned a lengthy opinion piece on EYE last week, which you can read below, explaining the reasons why he believes the KWUK model has failed in this country.
He said: “There’s lots of talk internally about ambition and growth and everyone being wealthy soon. But the opposite outcome is true in my experience.”
“Those at the top of the UK business are astoundingly unimpressive and have presided over colossal mis-steps, errors of judgment and foolishness that has unsurprisingly led to an embarrassingly poor performance here versus KW franchises in other countries,” he added.
He also referred to the recent closure of KW market centres, but Taylor, CEO and regional operating partner, KWUK, insisted he wanted to “correct” the claim.
Taylor told EYE: “I wish to correct the statement made in this opinion piece regarding the closure of specific centres.
“It is correct that both the Bristol and Warwick Market Centres were closed in line with the performance requirements of their sub-licence agreements. In relation to the other referenced Centres these have not been closed.
“The Centres in Leeds, Weybridge, and Exeter have been aligned with other market centres to allow the agents to be supported by their well established leadership teams, agent communities and training. This is with the exception of Glasgow, which remains in operation by its existing Operating Principal who has recently purchased the additional sub licence agreement for Edinburgh.
“We remain committed throughout our current ongoing restructure, to utilising the learnings made through our investments over the last five years to focus on our primary purpose – the empowerment of agents across the UK in the running of their own real estate businesses.”
Ex-Keller Williams market center owner exposes failings at KWUK
