Frequently Asked Questions:

 

Q: Can you describe some of the commission programs offered to sales associates?
A: 
RE/MAX Real Estate Groups’ fee schedule includes two programs:

RE/MAX Alternative Payment Program (R.A.P.P. or “no stress program”) allows you to defer monthly payments of your desk/office and management fees while you collect 60% of your fees from closed sales transactions. You will have some shared expenses and your own personal expenses.   When your balance reaches zero you will be advanced to a 100% plan and receive 95% of every transaction for the balance of your fiscal year.

100% is the most popular and financially rewarding for the agent.  You keep more of what you earn.  You pay management and monthly desk fees based upon the type of office you choose, some shared expenses and your own personal expenses.  You are billed monthly by our accounting department.  You keep 95% of the commission earned on any transaction.

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Q: What kind of advertising does RE/MAX provide for agents?
A:
Sales associates at RE/MAX Real Estate Groups have advertising space available to them in several local publications including:

  • Indianapolis Star (Daily as well as Sunday RE/MAX section)

  • Indianapolis Business Journal (Weekly Publication)

  • Topics (Weekly Publication)

  • Homes Illustrated (Bimonthly Publication)

  • RE/MAX Luxury Homes

  • RE/MAX Homes Magazine

  • Distinctive Homes (Monthly Publication)

  • Executive Homes (Monthly Publication)

Furthermore, there are numerous RE/MAX websites which are also linked to property listings.  Some of these include REMAX.com as well as REMAX-Indiana.com.  These links are provided free to all RE/MAX Real Estate Groups sales associates as well as use of the RE/MAX hot-air balloon at open houses, subdivision marketing, community and charity events, national exposure with nationwide TV advertising, national awards and recognition, national sponsorship of  Longdrive Golfing Championship, with over 13,000 contestants competing last year and millions of viewers as the play-off takes place on Christmas day each year!

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Q: Who started RE/MAX?
A:
Dave Liniger, at age 27. founded RE/MAX in 1973. In 1974 he formed RE/MAX of America, Inc. In 1981 RE/MAX of America Inc. became RE/MAX International. In 1998 RE/MAX achieved a world record when audited figures of sales associates production showed RE/MAX associates were involved in 1 million transaction sides - the first real estate organization to ever pass that milestone. This achievement was translated into an advertising slogan that allows RE/MAX to claim that "no one in the world sells more real estate than RE/MAX." RE/MAX now has associates and offices in over 44 countries and counts more than 4600 offices with more than 84,000 associates worldwide.

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Q: Who owns RE/MAX?
A:
Each office is independently owned and operated. RE/MAX is a franchise. It is the world's largest real estate network. The RE/MAX system has International, Regional and local offices worldwide.

RE/MAX International Franchise is owned by co-founders and Realtors Dave and Gail Liniger of Denver, Colorado. They serve respectively as Chairman of the Board and Chief Executive Officer for RE/MAX International, Inc.  Dave Liniger is a native of Marion, Indiana.

RE/MAX is "main street" - not "wall street". Our primary customer is the RE/MAX Sales Associate. RE/MAX is the only leading real estate system owned and managed by Realtors!

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Q: What is the "RE/MAX Concept"?
A:
RE/MAX means "Real Estate Maximums". RE/MAX is a concept which offers Sales Associates the highest possible compensation in exchange for their fair share of the business overhead expenses. The RE/MAX philosophy is that if you earn a commission - you should keep it!

RE/MAX offers Sales Associates professional freedom.  The role of the Broker/Owner is to provide and manage services and systems that enable Sales associates to do what they do best- list and sell real estate.

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Q: What is the RE/MAX culture?
A:
RE/MAX promotes a performance culture.

At RE/MAX you get a return on effort. Top agents don't support the bottom percentile because office expenses are divided equitably among all agents. In fact, RE/MAX is the perfect "experienced agent" company. Agents are in charge of their own business and receive the benefits of every lead their marketing efforts generate.

RE/MAX is the perfect co-op because it allows the agent to enjoy all the advantages of owning their own business without all of the disadvantages. Agents are provided the environment and support that promotes competition, professionalism, and maximizes the opportunity to succeed.

RE/MAX promotes high standards, ethics, and professionalism in our industry by offering training events and opportunities for agents to network and enhance their knowledge and skills.

RE/MAX agents are distinguished by holding more real estate professional designations than agents with any other real estate company. And it is true that a correlation between designations held and increased earnings has long existed in our industry.

The RE/MAX brand has become synonymous with the best service in real estate. One of the primary benefits of RE/MAX affiliation is the brand recognition and use of the trademarks, slogans and trade names.

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Q: Why is the hot air balloon an official corporate logo for RE/MAX?
A:
The hot air balloon became an official corporate logo after the RE/MAX Balloon debut at the Albuquerque Balloon Festival In 1978. Today RE/MAX has the world's largest corporate hot air balloon fleet (100 balloons). It is one of the top ten most recognized logos in North America, and one of the most widely recognized logos in the real estate industry.  The balloon may be requested for use at subdivision and community marketing events as well as charity occasions. 

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Q: How do referrals work?
A:
RE/MAX has a vast and efficient referral network that is a major source of additional income to RE/MAX Sales Associates. Within The RE/MAX system referrals are made directly to the agent and not to the office or to affiliate service providers or other company profit centers. Mailing lists and referral directories are available to all Sales Associates, and there are numerous impressive web sites at all levels (International, National, Regional, and local) to direct referrals.

Compare the RE/MAX website (REMAX.com) to other real estate company websites to notice how the primary focus is to locate a Sales Associate and direct the business to our Sales Associate not title, mortgage, home inspection companies, etc.”

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Q: What are some of the unique programs RE/MAX has to offer?
A:
They include:

  • Websites like www.REMAX.com

  • Intranet "Mainstreet" for member Sales Associates only! You can download listing presentations, market share statistics, etc. from various national and district website "intranets"

  • Customized RE/MAX software "AgentOffice for RE/MAX"

  • RE/MAX Satellite Network "RSN"

  • National advertising & name recognition

  • Benefit programs available for medical, dental, 401K retirement plans

  • Sponsorship of national charity and special events such as the Children's Miracle Network

  • Regional, National, and International conferences and conventions

  • RE/MAX Roster Explorer - looking to send or receive a referral? This data supplied by agents provides detailed information on all RE/MAX associates and offices around the world.

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Q: Do you offer training for newer agents?
A: RE/MAX Real Estate Groups does welcome newer agents who have made a commitment to Real Estate as a career, not just a part time job. For these agents we have regularly scheduled training and mentoring.  Additionally our Regional office provides several different opportunities for sales associates to receive in depth real estate sales training designed to educate and motivate. 

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Q: What else do you offer your agents and their customers?
A: We have affinity programs that allow your clients SkyMiles with United (Delta reciprocates), money saving vendor discounts for you and your clients with Disney, Hertz, CompUSA, Gateway Computers, AT&T, Men's warehouse, etc, a high quality full-color newspaper: The RE/MAX Times, some of the largest annual conventions with 8-10 thousand attendees and hundreds of vendors catering to RE/MAX professionals, and the list goes on!

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Contact us to learn how you can advance your career with RE/MAX Real Estate Groups.