More misery for Keller Williams UK as yet another market centre set to shut

Keller Williams’ Gatwick market centre, established in 2020 by Lars Evans as operating principle, in partnership with KWUK CEO, Ben Taylor, is set to close, as the brand continues to struggle in the UK.

Keller Williams Xceed, which operates the Keller Williams Gatwick operation, is to close imminently after running into financial difficulty.

This is the latest blow for KWUK, which will see its London Bridge market centre shut its doors for the last time tomorrow, after failing to agree terms over a license renewal with its operating principal, Chris Buckler.

Several UK franchises established by franchisor Keller Williams have closed over the past 12 months, and this latest closure will come swiftly off the back of the insolvency of Keller Williams’ Evolve Market Centre.

Companies House documents reveal that TBF Centres, which operated Keller Williams’ Evolve Market Centre, entered voluntary liquidation last month.

EYE understands from several well-placed sources that at least three other market centres are on the verge of closing, owed primarily to a lack of profitability.

Several investors in the Keller Williams UK business are said to be disgruntled.

Keller Williams UK first launched here in 2013 and has been managed by Ben Taylor since 2017 but has failed to gain much traction. A number of high profile senior leadership personnel have fled the business in recent times including Nicky Stevenson (EA Events, Fine & Country), Simon Leadbetter (Knight Frank, Countrywide, Fine & Country), Russell Quirk, Anthony Quirk, Gaven Swan (Countrywide), Wayne Albutt (KW South Africa, EweMove), Jason Cannon (Spicer haart), Will Clark (Knight Frank) and Matt Thomson (Foxtons and D&G) – some of these names are very high profile property industry people and none of which lasted even a year at the UK headquarters of the US based entity.

Keller Williams Xceed’s business is now expected to be managed by KW Advantage in Bromley, South London.

KWUK CEO Ben Taylor has been approached for comment.

 

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8 Comments

  1. Chris Arnold

    Nine green bottles.

    Rumour has it, followed by denial and spin.

    Time for this business model to be given last rites.

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  2. hereforthecomments

    The Emperor has no clothes…

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  3. Ohmygod
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  4. Elliot Ness

    “Let’s go
    Ben walks warily down the street
    With his brim pulled way down low
    Ain’t no sound but the sound of his feet
    Machine guns ready to go
    Are you ready hey are you ready for this?
    Are you hanging on the edge of your seat?
    Out of the doorway the bullets rip
    To the sound of the beat yeah
    Another one bites the dust
    Another one bites the dust
    And another one gone and another one gone
    Another one bites the dust
    Hey I’m gonna get you too
    Another one bites the dust
    How do you think I’m going to get along
    Without you when you’re gone
    You took me for everything that I had
    And kicked me out on my own
    Are you happy are you satisfied?
    How long can you stand the heat
    Out of the doorway the bullets rip
    To the sound of the beat look out
    Another one bites the dust
    Another one bites the dust
    And another one gone and another one gone
    Another one bites the dust
    Hey I’m gonna get you too
    Another one bites the dust
    Hey
    Oh take it – Bite the dust bite the dust
    Hey Another one bites the dust
    Another one bites the dust ow
    Another one bites the dust he he
    Another one bites the dust haaaa
    Ooh shoot out
    There are plenty of ways that you can hurt a man
    And bring him to the ground
    You can beat him
    You can cheat him
    You can treat him bad and leave him
    When he’s down
    But I’m ready yes I’m ready for you
    I’m standing on my own two feet
    Out of the doorway the bullets rip
    Repeating to the sound of the beat
    Another one bites the dust
    Another one bites the dust
    And another one gone and another one gone
    Another one bites the dust yeah
    Hey I’m gonna get you too
    Another one bites the dust
    Shoot out”

    Thank you John Deacon

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  5. Mike Ross

    I wish I could say I was surprised, in fact I am only surprised that it’s taken this long.[Comment removed as it breached posting rules] It won’t be long before the next article reads Keller Williams Uk has now closed its final door. Goodbye for now

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    1. Ohmygod

      You are right there Mr Ross, both Lars Evans and Sarah Jane have both breached the GDPR Data Regs and 2 agents in particular are gunning for them.

      You are also right that the Regional Leadership are ignoring this and hoping it goes away which we both know it is not going to go away, if anything it is getting worse for KW, lets hope they get it sorted for them and ask for the data to be returned.

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  6. Mike Ross

    Ohmygod

    [Comment removed as it breached posting rules]

    I am just waiting for the Netflix series to come out “Keller Gate”

     

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  7. property_person

    Surely none of this sits well with Gary Keller? The UK franchise is becoming a laughing stock and his name is attached to it!

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