What is the commission structure for working with a RE/MAX agent?

The commission structure for working with a RE/MAX agent varies based on multiple factors. These factors include the location, type of property, market conditions, and the specific agreement between the agent and the client. Typically, real estate commissions are based on a percentage of the final sale price of the property, usually ranging from 5% to 6% of the total transaction amount. However, this percentage may vary depending on the factors mentioned earlier. It is important to note that commissions are negotiable, and RE/MAX agents have the flexibility to work with their clients to determine a fair commission structure. Ultimately, the commission structure will be discussed and agreed upon during the initial consultation between the agent and client to ensure transparency and mutual understanding.