JMG, a teamerage-style firm that closed $5.86B in sales in 2025, represents “the kind of entrepreneurial success KW was built to support,” KW’s CEO said.
Keller Williams Realty has entered into an agreement with the Jason Mitchell Group (JMG) to acquire the teamerage-style brokerage, the companies announced on Monday. The terms of the deal were not disclosed.
JMG is based out of Scottsdale, Arizona, and has about 1,200 agents across 37 states. The firm has grown quickly, with its sales volume jumping by more than 218% from 2020 to 2024, according to a T3 Sixty analysis. With $5.86 billion in sales volume across over 12,300 transaction sides in 2025, the firm was ranked No. 41 in the top 1,000 U.S. brokerages by sales volume, according to T3 Sixty’s Real Estate Almanac.
Supporting entrepreneurs: Keller Williams President and CEO Chris Czarnecki said the franchise giant was made to help companies like JMG fulfill their potential.
“Simply put, JMG is the number one teamerage in the US; they represent exactly the kind of entrepreneurial success KW was built to support,” Czarnecki said in a statement. Founder Jason Mitchell “has created one of the industry’s most effective platforms for connecting consumers with great agents,” Czarnecki added, “and we’re proud they chose KW for their next chapter of growth.”
Complementary models: The two firms said that JMG will bring to KW “a proven, highly scalable business” that derives leads from partnerships with major mortgage lenders and other platforms, including Rocket Mortgage, Mr. Cooper, New American Funding, Zillow, Redfin and Veterans United.
Since launching as a brokerage in 2019, JMG has become known for its referral-based model that also focuses on rigorous follow-up. The firm’s founder said he has “admired KW since starting my real estate career” and saw the franchise as a clear partner for the next step in his company’s growth.
“We’ve spent years building a network designed to connect motivated buyers and sellers with great agents and deliver an exceptional experience for both,” Mitchell said. “KW offers the culture, people and opportunity to be part of the most connected real estate platform in the world.”
Leadership shifts: If the transaction closes as expected, Mitchell will lead the JMG Division as president and will join KW’s executive team, the companies said.
JMG Chief Revenue Officer Jake Kraft and VP of Operations Ken Friedlander will also join KW as part of the deal, KW and JMG said, though the announcement did not specify what their roles will be.
Czarnecki called the transaction a “win-win” for everyone involved. “Together, we are creating an engine for further growth by providing a worldwide platform for JMG to continue to expand,” KW’s CEO said.
The deal is expected to close in the third quarter of 2026, provided certain conditions are met. Citizens Capital Markets & Advisory and Buchalter represented JMG in the deal, the companies said, and Herbert Smith Freehills Kramer was legal advisor to KW.