Volume Award Individual Application (click title to see application)
Individual Volume award qualifications
The Volume Award gives recognition to REALTORS® who have proven their diligence
by listing, selling and/or leasing high volume of real estate property.
The following must be completed when submitting the Volume Award Applications by February 14, 2025
- MLS Agent Production & Inventory Report (see instructions on Page 4 & 5 of Volume Award Application)
- Volume Award Application filled out & signed by the broker & applicant/main team member. If the applicant is the broker/office manager, the Southern Gateway Association of REALTORS® Awards Chair and President will sign the application.
- If an adjustment needs to be made to the total sales volume or sides the “Sales Volume Adjustment Award Form” must be filled out & turned in by February 16, 2024 along with the application. The applicant’s broker must sign the Sales Volume Adjustment Form, if attached to application.
If the agent's and broker/office manager’s signatures are not on the Award of Excellence application, the application will
be sent back for a signature. (Must be returned by the deadline time or will be disqualified).
Sales Volume/Sides Guidelines:
- When a REALTOR® sells a property, the credit is for the actual price of the property, or one side. (If shared, see #4)
- When a REALTOR® lists a property and the property is sold, the listing person receives credit for the actual
sales price, or one side. (If shared, see #4)
- When a REALTOR® both lists and sells a property, full credit is given for each side of the transaction.
- When two or more REALTORS® list or sell a property on a shared basis, the actual dollar sales price, or one side shall be divided between the REALTORS® as agreed upon when listed or sold. This applies to both in-office and
inter-office transactions.
- Lease 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, applicant can take total lease credit during one year. If the commission is paid one-third each year, applicant can only take one-third credit on the lease on his/her application). Lease Option/Lease Purchase is not counted until closed. Credit for leases will be counted in volume only. They will not be counted as sides.
- 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 counted toward membership in the Volume Awards Program.
- Outgoing referrals are not included.
- A buyer’s agent, selling unlisted property, may claim credit on the sales side only.
- Contracts, closing statements, and/or leases must be supplied for verification upon request.
- The Volume Awards Program is a local Board administered program and all decisions of the Southern Gateway Association of REALTORS® are final.
- When applicants are on a team the team member volume will be determined by the team leader and sales volumes can only be utilized once.
- A REALTOR® shall be recognized as an individual OR a team but cannot be both.
Transfers If an applicant transferred offices for that award year, the application must be signed by the current broker/office manager.
Eligibility The applicant must be a member in good standing with the Southern Gateway Association of REALTORS® when making application.
