Adam Hergenrother, Operating Principal of KW Vermont and CEO of Universal Properties Network (UPN), was honored to receive recognition for blazing the trail for real estate expansion (opening teams outside of a Realtor's core market area) at the annual Keller Williams Realty Family Reunion Awards Lunch in Orlando in early February. Hergenrother and UPN were named the #1 Business Innovator in Units (with 300 units closed in 2014) and the #2 Business Innovator in GCI (with $1.6 Million in 2014).
While attending the national Keller Williams Realty event, Hergenrother also presented about Mega Agent Expansion, which Training Magazine applauded in their January-February 2015 issue. Furthermore, Training Magazine named Keller Williams the #1 training organization in the world. Earlier that day, Keller Williams also announced that it was the largest real estate franchise in the world by agent count, netting 17,000 associates in 2014, increasing their worldwide associate count to more than 112,000.
"I am excited to be part of KW at such an important time," said Hergenrother. "Our growth as a franchise is a direct result of our superior training and education programs and KW's dedication to putting the agent first - philosophies which I apply to my market center, my real estate team, and all of my organizations."
- Adam Hergenrother, a born and raise Vermonter, is CEO and Chairman of the Board of Hergenrother Realty Group, which includes Keller Williams Realty Vermont, The Adam Hergenrother Team, Universal Properties International, BlackRock Construction, Hergenrother Capital, Mind Spark, and Hergenrother Foundation. In less than seven years, Adam has built these rapidly growing companies through his commitment to thinking big and never giving up. Fearless and purposeful; unconventional and systematic, Adam sets a seemingly impossible goal then quickly gets to work on closing the gap to achieve it - - no limits, no regrets. Through Adam's bold vision, Hergenrother Realty Group is developing leaders and building businesses worldwide.
After graduating from the University of Vermont with a degree in Finance, Adam Hergenrother began work as a commercial underwriter and then financial controller before breaking into real estate and moving quickly to the top. In 2009, Adam made one of his first of many bold moves and left REMAX to start a Keller Williams Realty franchise – the first in Vermont. Within his first 3 years in real estate, Adam was named a Top 30 Under 30 Agent by Realtor Magazine and a REMAX associate of the year, featured on HGTV’s House Hunters, was named Rookie of the Year by Northern Vermont Board of Realtors and voted Rising Star of the Year by the Lake Champlain Regional Chamber of Commerce.
In 2011, Adam founded Universal Properties Network (UPN) in order to expand the successful team concept of The Adam Hergenrother Team beyond the borders of Vermont by partnering with agents in Keller Williams Realty market centers around the country. UPN is passionate about leadership and leverage. By providing their agents with exceptional centralized services, including world class coaching, training, administrative support, and lead generation, they allow agents to focus on their ONE thing – helping people buy and sell real estate.
Their flagship UPN team opened in October 2011 in Portland, Maine. In under a year, their model, systems, and training have taken a $7 million a year producer and created a $25 million dollar producer. They have since launched in Hartford, CT, Cranston, RI, and Portsmouth, NH with plans to open 150+ additional UPN teams in the next 5 years.