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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.Return to the top
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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:
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Indianapolis Star (Daily as well
as Sunday RE/MAX section)
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Indianapolis Business Journal
(Weekly Publication)
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Topics (Weekly Publication)
-
Homes Illustrated (Bimonthly
Publication)
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RE/MAX Luxury Homes
-
RE/MAX Homes Magazine
-
Distinctive Homes (Monthly
Publication)
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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:
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Websites like www.REMAX.com
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Intranet "Mainstreet" for member
Sales Associates only! You can download listing presentations,
market share statistics, etc. from various national and district
website "intranets"
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Customized RE/MAX software "AgentOffice
for RE/MAX"
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RE/MAX Satellite Network "RSN"
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National advertising & name
recognition
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Benefit programs available for medical,
dental, 401K retirement plans
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Sponsorship of national charity
and special events such as the Children's Miracle Network
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Regional, National, and
International conferences and conventions
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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.
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