Posted to MediaSyndicate.com (Aug 03, 2006 - 01:30 AM) : The fastest growing residential real estate company in the US brings its unique profit-sharing business model, focus on in-depth education and family-oriented culture to the greater Washington, DC metropolitan area.


Washington D.C. (July 18, 2006): Keller Williams, the fifth largest real estate company in North America, today announced they have opened their first office in Washington, D.C.

The new venture is led by Bo Menkiti, founder and CEO of the Menkiti Group, a highly successful local real estate team. Formerly with Coldwell Banker, Menkiti was recently recognized by Realtor Magazine’s “30 Under 30� as one of the top 30 rising young stars in the real estate industry.

“We are honored to have Bo Menkiti and the Keller Williams Capital Properties team as partners in the growth and success of our company,� said Mark Willis, CEO of Keller Williams Realty International. “Their community-focused approach and in-depth knowledge of the DC market make for a great match for our model in the DC metro area�.

With its unique profit sharing business model, focus on in-depth education and family-oriented culture, Keller Williams has become the fastest growing residential real estate company in the country.

“We are excited to bring Keller Williams to the District,� said Menkiti, Operating Principal of the new office. “The Keller Williams professional approach and agent-centric philosophy is something the D.C. real estate market will benefit from.�

The new venture includes a number of highly successful local real estate practitioners, including Team Leader Marcus Jaffe, formerly of RGS Title and Countrywide Home Loans, and Principal Broker Brandon Green, formerly with Prudential Caruthers Realtors.

“Keller Williams invests heavily in their agents through training and profit-sharing, so their agents are professional and committed,� said Jaffe. “This is a successful business model because it puts the associates first in everything it does�.

Menkiti sees real-estate as a tool for positive urban renewal. The new and fast growing Keller Williams office in Washington, D.C., with already more than 40 sales agents in its first two months of operation, fits in well with his efforts to revitalize city neighborhoods.

“The explosive growth and changing conditions in the DC real estate market mean there is more demand than ever for talented agents and we want to make sure the best agents are on our team�, says Menkiti.

The new Keller Williams office is located at 3101 12th Street NE in Washington’s Brookland neighborhood, one of the District’s fastest growing commercial and residential areas.

About Keller Williams Capital Properties:
Opened in April of 2006, Keller Williams Capital Properties is the first Keller Williams Realty franchise in the District of Columbia. The company is dedicated to providing the highest quality representation to buyers and sellers of real estate in the DC metropolitan area and to being the company of choice for the next generation of real estate practitioners in the DC area. For more information, contact Marcus Jaffe at marcusjaffe@kw.com or visit www.kellerwilliamsdc.com.

About Keller Williams Realty International
Founded in 1983, Keller Williams Realty International (KWRI) is an international real estate company with more than 580 offices located across the U.S. and Canada. Currently the fifth largest U.S. residential real estate firm in North America, Keller Williams began franchising its offices in 1990. The company has succeeded by treating its 67,000-plus associates as partners, and shares its knowledge, policy control, and company profits on a system-wide basis. KWRI’s agents are distinguished by their level of professional education, their full-time commitment to real estate sales, and their level of business success. For more information, visit Keller Williams Realty online at www.kw.com.