Keller Williams, the world’s largest real estate franchise by agent count and the U.S. leader in units and sales volume, has awarded a license for a new master franchise in Cambodia. As of July 31, the brand has 1,330 agents across Asia.
Regional Operating Principal Kim Heang will lead Keller Williams’ growth across Cambodia. He currently serves as the CEO of Khmer Real Estate Co, Ltd., a real estate firm based in Cambodia. Founded in 2007, the company is adopting Keller Williams systems to disrupt the broker-centric model thoroughly embedded in the market.
“Kim Heang is exactly the type of learning-based, growth-oriented leader that we want to be in business with,” said William E. Soteroff, president, Keller Williams Worldwide (KWW), the international division of Keller Williams.
“He saw a market opportunity to bring a new model into his country and took action immediately. The KW Cambodia leadership team is also one of the most dynamic and influential that we’ve seen in international real estate,” said Soteroff.
The new master franchise in Cambodia is currently initializing operations and is expecting to launch its first office with a team of 50 agents within the next several months.