The Annual Awards Celebration is coming up on April 4, at White River Conference Center!
Agents: please direct all questions on your totals to your Broker. Thank you!
Greater Springfield Board of REALTORS® Award of Excellence Medals
- Obtaining a Medal award not only shows proficiency in the real estate profession, but also can be used to generate publicity for the REALTOR® in their local community.
- Such publicity also serves to enhance the community’s image of the firm and the REALTOR® Association.
- Individual REALTORS® who achieve Medal status are awarded certificates the following year to display in their home or office.
- Those qualifying for multiple medals will be recognized for the highest level of award received.
- Only volume processed during the calendar year 2023 and confirmed by Brokers will be considered eligible.
- Off-Market and/or undisclosed sales may be added to an individual or team's total. These sales are to be reported by the Broker using a form provided by GSBOR.
Life Member Medal Awards
- Life members in the Medal Club can be obtained by qualifying for the same level Volume Medal for three consecutive years. If the Medal qualifier is eligible for Life Member Medals, they will be notified via email.
- Plaques signifying Life Member in the Medal Club will be distributed through the local Board.
- Once a REALTOR® has qualified for Life Member in the Medal Club, they will be recognized at that level as a past recipient.
INDIVIDUAL Award of Excellence Medals
An Individual is one person who has achieved their volume without another producing member.
- INDIVIDUAL BRONZE: 4 million dollars or 20 sides
- INDIVIDUAL SILVER: 8 million dollars or 40 sides
- INDIVIDUAL GOLD: 12 million dollars or 60 sides
- INDIVIDUAL PLATINUM: 16 million dollars or 80 sides
TEAM Award of Excellence Medals
REALTORS® are considered a team when the volume submitted for the award is produced by more than one member.
- TEAM BRONZE: 8 million dollars or 40 sides
- TEAM SILVER: 16 million dollars or 80 sides
- TEAM GOLD: 24 million dollars or 120 sides
- TEAM PLATINUM: 32 million dollars or 160 sides
Determining Production Totals
- When REALTORS® sell a property, the credit is for the actual price of the property. (If shared, see #4.)
- When REALTORS® list a property and the property is sold, the listing person receives credit for the actual sale price. (If shared, see #4.)
- When REALTORS® both list and sell a property, full credit is given for each function.
- When two or more REALTORS® list or sell a property on a shared basis, the actual dollar sales price shall be divided equally between the associates. This applies to both in-office and inter-office transactions unless they are defined as part of the team.
- Leases will be counted as a sale in the amount of the total lease payment; volume credited in the same ratio as commission received. (Example: For a three-year lease where the commission is received in one lump sum, applicants can take total lease credit during one year. If the commission is paid one-third each year, applicants can only take one-third credit for the lease on this application.) Lease Option/Lease Purchases are not counted until closed.
- Listings, sales, and leases can be residential, commercial, industrial, farm, and mobile homes as part of a deed conveyance or any type of real property. No sales, other than real estate contract sales price, can be included.
- Outgoing referrals are not included.
- Upon request, contracts, closing statements and/or leases must be supplied for verification.
Comments
4 comments
Hi,
Do you have a list of agents that are life member of each group so they will need to know if they need to apply or not?
Thanks
Linda
Great question! A list of life members for each medal will be made available to help you make this determination.
When will the list be available or where can I find the list?
The Broker email for agent production will be sent on or around Jan 22nd, and will include a link to the list.
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