Which costs less to open, Keller Williams Realty or Mmi Business Brokers?

Keller Williams Realty: $29,600 – $424,645 (2026 FDD · Item 7); Mmi Business Brokers: $61,400 – $114,500 (2026 FDD · Item 7 · PDF p. 19). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Keller Williams Realty. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.

Which has more locations, Keller Williams Realty or Mmi Business Brokers?

Keller Williams Realty: 482 (2026 FDD · Item 20 · PDF p. 93); Mmi Business Brokers: 123 (2026 FDD · Item 20 · PDF p. 39). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.

Do Keller Williams Realty and Mmi Business Brokers disclose financial performance (Item 19)?

Keller Williams Realty makes no Item 19 financial performance representation; Mmi Business Brokers makes no Item 19 financial performance representation. Different location groups are not directly comparable, and revenue is not profit.

Franchise opportunities compared

Keller Williams Realty vs Mmi Business Brokers

Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

Keller Williams Realty2026 FDD MBMmi Business Brokers2026 FDD

Initial investment · Item 7

Keller Williams Realty

$29,600 – $424,645

2026 FDD · Item 7

Mmi Business Brokers

$61,400 – $114,500

2026 FDD · Item 7 · PDF p. 19

Initial franchise fee · Item 5

Keller Williams Realty

$35,000

2026 FDD · Item 5 · PDF p. 26

Mmi Business Brokers

Not available

Royalty · Item 6

Keller Williams Realty

2026 FDD · Item 6 · PDF p. 29

Mmi Business Brokers

Not available

Before you compare

Both sets of figures come from 2026 FDDs.
Keller Williams Realty discloses more than one business format, so the investment range spans formats; the full report breaks them out.
Only neither brand has reviewed Item 19 figures here.

Financial commitment

Disclosure

Keller Williams Realty

MBMmi Business Brokers

Estimated initial investment (Item 7)

Keller Williams Realty

$29,600 – $424,645

2026 FDD · Item 7

Mmi Business Brokers

$61,400 – $114,500

Sunbelt franchise — Total initial investment: $61,400 $114,500

2026 FDD · Item 7 · PDF p. 19

Standard initial franchise fee (Item 5)

Keller Williams Realty

$35,000

2026 FDD · Item 5 · PDF p. 26

Mmi Business Brokers

Not available

No single standard fee identified

Royalty (Item 6)

Keller Williams Realty

Holdover Fee additional royalty rate

2026 FDD · Item 6 · PDF p. 29

Mmi Business Brokers

Not available

No reviewed royalty record

Brand / advertising fund (Item 6)

Keller Williams Realty

Not available

No reviewed brand or advertising fund fee

Mmi Business Brokers

Fourth year and thereafter marketing rate — 4% — 4%

2026 FDD · Item 6 · PDF p. 15

System scale & health

Disclosure

Keller Williams Realty

MBMmi Business Brokers

Total outlets (Item 20)

Keller Williams Realty

482

Outlets at end of 2025

2026 FDD · Item 20 · PDF p. 93

Mmi Business Brokers

123

Outlets at end of 2026

2026 FDD · Item 20 · PDF p. 39

Net outlet change (Item 20)

Keller Williams Realty

+482

Calculated: 0 at end of 2022 → 482 at end of 2025

Mmi Business Brokers

Calculated: 117 at end of 2024 → 123 at end of 2026

Outlet exits (Item 20)

Keller Williams Realty

Not available

No complete exit records for a year

Mmi Business Brokers

Not available

No complete exit records for a year

Franchising since (Item 1)

Keller Williams Realty

Not available

Not in reviewed records

Mmi Business Brokers

Not available

Not in reviewed records

Franchisor founded (Item 1)

Keller Williams Realty

Not available

Not in reviewed records

Mmi Business Brokers

Not available

Not in reviewed records

Financial performance (Item 19), by location group

Keller Williams Realty

Not disclosed — no Item 19 financial performance representation

MBMmi Business Brokers

Not disclosed — no Item 19 financial performance representation

Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

Keller Williams Realty vs Mmi Business Brokers: common questions

Which costs less to open, Keller Williams Realty or Mmi Business Brokers?: Keller Williams Realty: $29,600 – $424,645 (2026 FDD · Item 7); Mmi Business Brokers: $61,400 – $114,500 (2026 FDD · Item 7 · PDF p. 19). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Keller Williams Realty. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
Which has more locations, Keller Williams Realty or Mmi Business Brokers?: Keller Williams Realty: 482 (2026 FDD · Item 20 · PDF p. 93); Mmi Business Brokers: 123 (2026 FDD · Item 20 · PDF p. 39). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
Do Keller Williams Realty and Mmi Business Brokers disclose financial performance (Item 19)?: Keller Williams Realty makes no Item 19 financial performance representation; Mmi Business Brokers makes no Item 19 financial performance representation. Different location groups are not directly comparable, and revenue is not profit.

Answers restate the reviewed figures above. Not a ranking or recommendation.

How Franopolis reviews FDD figures