Van Bommel, 35, has been linked with a move to PSV Eindhoven in recent weeks, with his Milan contract due to expire at the end of the season, with Raiola confirming that no talks have taken place.
"He is feeling very well at Milan, but there's no agreement yet for next year. We will hold talks at the end of the season," Raiola told La Gazzetta dello Sport.
"Milan have not told us anything yet about their plans for the future, but Mark is very calm about it. If they want him to stay, and Mark wants to remain here as well, then there's no problem. Otherwise, he will leave having had a great one year and a half at Milan."
Van Bommel joined Milan from Bayern Munich in 2011.