For established or aspiring Realtors, choosing the right brokerage can set the tone for your entire career. With RE/MAX, you get the best of both worlds: a strong international presence, combined with a recognizable brand that goes hand-in-hand with trust. You can rest easy knowing that your clients will see you as a reliable, respected source of real estate expertise.
At the end of the day, though, Realtors need to earn a living, and you need to consider commission structure before joining a brokerage. RE/MAX's commission splits are some of the most competitive in the industry, so you don't have to sacrifice your earnings or needs to join a quality brokerage. With a flexible split structure, agents can tailor their commission based on your performance and sales.听
Here鈥檚 what you need to know about RE/MAX鈥檚 commission split for Realtors in 2023.
RE/MAX is one of the most-recognized real estate brokerages in the world, known for offering high-quality services to buyers and sellers in more than 100 countries. Throughout its half-century existence, it鈥檚 achieved a solid reputation as a reliable and efficient service provider.听
The company prides itself on the strength of its network, which consists of who handle a wide range of properties, including as residential, commercial, luxury, and agricultural.听
RE/MAX agents are passionate about delivering the finest client care, and they seek to make the entire process of transacting property seamless and straightforward. The company also offers training programs and innovative tools for its agents, to ensure they鈥檙e up to date with the latest industry trends and technologies.听
In short, RE/MAX is a real estate powerhouse that keeps raising the bar with its excellent service delivery.
Whether you鈥檙e an aspiring or experienced real estate agent, one of the biggest decisions you鈥檒l make in your career is choosing the right brokerage. While there are many options available, RE/MAX should be at the top of your list since, as a global leader in the industry, they have a lot to offer.
While RE/MAX is often a top choice among agents in countries across the globe, there are potential downsides to working with the brokerage. Two of the most significant cons to consider before making your move include:
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For real estate agents looking to join RE/MAX, the company offers two distinct commission split plans.听
The first 鈥 the famous 95/5 split 鈥 is a great option for agents who are making consistent sales and don't mind paying a monthly desk fee. With this plan, RE/MAX takes only 5% of the agent's gross commission, leaving the rest for the agent to keep. Keep in mind, though, that you鈥檙e still required to pay the monthly desk fee 鈥 even if you鈥檙e making no sales. You can avoid the monthly desk fee if you choose an 80/20, 70/30, or 60/40 commission split.
The RE/MAX Alternative Payment Plan (RAPP) is the second choice, and a fantastic one for those just starting out in the industry or those who don't want to pay the monthly fee. Although agents will pay more of their commission to RE/MAX, they won't be saddled with the monthly desk fee, making it a great alternative for some. There are three levels of RAPP:
For agents looking for a national real estate brokerage that offers a competitive commission split, RE/MAX is the broker to consider.听
With splits starting at 95/5, RE/MAX has a reputation for controlling commission splits and offering options that benefit the agent. For agents who require extra services such as advertisements, office space, or business cards, fees are also adjustable. This flexibility allows agents to find the right blend to fit their business needs.听
When comparing leading companies 鈥 such as Century 21 and Coldwell Banker, which both offer a 50/50 split 鈥 it鈥檚 clear why RE/MAX is the best real estate broker to work for, especially for those agents seeking a more advantageous commission split and higher earning potential.
Whether you鈥檙e an established Realtor looking to switch brokerages or an aspiring Realtor searching for the right brokerage to call home, it's important to weigh the pros and cons of any commission split before making a decision 鈥 they have a significant impact on your earnings. While RE/MAX offers generous and even flexible commission splits, you need to do your research and consider your personal preferences when choosing a commission split.听
Some Realtors may prioritize a higher percentage of each commission, while others may prefer more support and resources from their brokerage 鈥 it all depends on your personal preferences. Taking the time to carefully evaluate your options can ultimately lead to a more successful and fulfilling real estate career.
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