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Circle of Achievement

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					Circle of Excellence
                Qualifying Year
                    2011

            Attention Applicants:

          There are changes in the
 submission requirements of this application.
            Do NOT submit your
          application until you have
         READ and UNDERSTAND
           ALL REQUIREMENTS.
          PLEASE READ AND UNDERSTAND THE REQUIREMENTS BELOW

           (To Complete, tab through document, save as a Word Document and print.)
         To be eligible for membership, each REALTOR® applicant must have closed at least $1,000,000 in new
business during the qualifying year. The Applicant must meet all stipulations as set out in the Admission Requirements. A
copy of the Requirements is supplied with each Official Application.

         There will be no exceptions to any of the rules. This includes the deadline for submission of application and the
policy that all applications must be typed. The awards honoring Circle of Excellence members, will be presented at the Annual
Awards Banquet TBA.

   Deadline for submission is January 16, 2012. Applications MUST be delivered to the Board Office by this deadline.
POSTMARK DATES WILL NOT BE CONSIDERED IN QUALIFICATION PROCESS.

     Application Fee of $50 is attached. Application fee includes a plaque/button as well as promotions deemed appropriate by
the COE Committee.

    Application must be submitted on official forms provided by I-85 North Board of REALTORS® Circle of Excellence.
Photocopies of blank forms are acceptable and computer-generated forms are acceptable if they are EXACT duplicates of the
Association form. Handwritten forms will NOT be accepted, nor will you have the opportunity to resubmit.

     Photo MUST be e-mailed to awards@i85.com. Photo MUST be .jpg format and no larger than 1MB. Please name
the file “lastname.firstname.jpg”. For example “Mary Smith” would name her photo smith.mary.jpg

     For applicants who have transferred from another Board during the year: Dues payment verification from previous board
is required as well as a verification letter as to your prior club membership level. Attach notarized certification of sales volume
from each broker with whom you were affiliated during 2011.

     Circle of Excellence Worksheet A (See Separate Worksheet) (or Worksheet B, if applicant is part of a Team) MUST be
certified by the Designated REALTOR® or his/her designee in accordance with Circle of Excellence Rules. Applicants must
provide their Broker-Notarized certification from each brokerage with whom they were affiliated.

    Volume Recap must be typed and Letter of Certification must be dated and signed by the applicant.

    Keep a copy of the entire application for your records. You will not receive this copy back.




                                                                                                                                  2
                                       LETTER OF CERTIFICATION
                                               FOR THE
                                   I-85 NORTH BOARD OF REALTORS®
                                               Circle of Excellence
I,      , hereby make application for membership in the Circle of Excellence of the I-85 North Board of REALTORS®
and attach hereto the required membership fee. In order that this application be considered, I hereby certify that I
personally handled (or have submitted transactions for credit which meet the qualifications for Team Credit, if I am
part of a Partnership, Group or Team) during the period January 1, 2011 through December 31, 2011 the real estate
transactions on the attached forms totaling $    .

I am applying for: (Please Check one of the below):

      Circle of Excellence      Circle of Distinction     Circle of Honor       1st time Receipient   Y   N

LIST ACTIVE YEARS IN COE/MDC:



If applicable, I am applying for: (Please check one of the below):

                                             Phoenix:      Bronze      Silver       Gold

                                      Phoenix Award Application must be completed and attached.

Respectfully submitted,



Applicant's Signature                                          Applicant’s Printed Name

Each application must be sworn to by applicant and certified by any and ALL Principal Broker(s), with whom the applicant was
affiliated during the qualifying year.




PRINCIPAL BROKER'S SIGNATURE                                   PRINCIPAL BROKER'S SIGNATURE
(Current)                                                      (Former - only during 2010)

________________________________                               _______________________________
Notary Seal                                                    Notary Seal

NEW APPLICANTS ONLY:

DATE YOU JOINED THE ASSOCIATION:

NAME PRINTED AS YOU WISH IT TO BE ON THE PLAQUE:




                                                                                                                               3
                    Membership Admission Requirements
                                 Circle of Excellence
                                I-85 NORTH BOARD OF REALTORS®
                                  (Approved by Board of Directors on May 19, 2010)

                                                     Effective for
                                  QUALIFYING YEAR 2011
                       Transactions from January 1, 2011 to December 31, 2011

PURPOSE
The purpose of the Circle of Excellence is to recognize those members of the I-85 North Board of REALTORS® who
have excelled in real estate sales and leasing.

ELIGIBILITY
Any employee or independent contractor (officer or otherwise) of any real estate Brokerage (individual or firm) that is:

        • licensed under the Georgia Real Estate Commission,
        • a REALTOR® member in good standing of the I-85 North Board of REALTORS®, Inc.
        • whose Board, as a REALTOR® , is the I-85 North Board of REALTORS®, Inc.
        • Only those transactions placed under contract and closed subsequent to the date of REALTOR®
        membership approval will be counted toward membership in the COE.

Individual applicants (whose names appear on the contract) are to use Worksheet “A”. Applicants who are part
of a Partnership, Group or Team (herein referred to as “TEAM”) are to use Worksheet “B”, AND are
responsible to ensure that all additional admission requirements are met, as noted on each worksheet.

QUALIFYING YEAR
A Qualifying Year shall be defined as a full calendar year beginning January 1 and running through December 31.

MEMBERSHIP YEAR
A Membership Year shall be the calendar year immediately following the Qualifying Year. (The Qualifying Year is
2011 while the membership year is 2012.)

QUALIFICATIONS AND SUBMISSION
To qualify, each individual REALTOR® must fulfill the following requirements:

                    Produce and close new business in the amount of, or in excess of, $1,000,000 during the
                     qualifying year. Broker shall certify applicant’s volume by signing the COE Worksheet. All
                     submissions are subject to Audit by the COE Awards Committee.

                    Must be a member of the I-85 North Board of REALTORS®, Inc. on or before December 31 of the
                     qualifying year. Additionally, applicant must be a member in good standing of the I-85 North
                     Board of REALTORS®, Inc. at the time of application and presentation of the award. Transferring
                     applicants from other Boards must make application to join the I-85 North Board of
                     REALTORS®, Inc. by December 31 of the qualifying year. The effective date for counting
                     volume will be January 1st of the Qualifying Year provided the applicant fulfills all Board
                     membership requirements. In the event the COE applicant does not fulfill the foregoing


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                     requirements, then the applicant’s effective date for counting volume for COE purposes will be the
                     official date of Board membership in accordance with the Bylaws.

                    Application must be reviewed and recommended by the COE Committee and approved by the
                     Board of Directors of the I-85 North Board of REALTORS®, Inc.

                    Application, Volume Recap and Circle of Excellence Worksheet must be typed and submitted on
                     current, official forms provided by the I-85 North Board of REALTORS®, Inc. Computer-
                     generated Circle of Excellence Worksheets may be submitted in lieu of the official form provided,
                     however, the EXACT DUPLICATES must be submitted. Failure to have the appropriate
                     information will result in disqualification of the application.

                    Letter(s) of Certification must be signed, dated, and the volume must be indicated by the
                     applicant.

                    Broker Certification. Each Circle of Excellence Worksheet must be signed and notarized by the
                     Broker or Designated REALTOR® (for a definition, see Bylaws: Article IV, Section 1 a (5)) of the
                     firm with whom the REALTOR®/Applicant is/was affiliated at the time the reported transaction(s)
                     occurred. The broker thereby certifies that he has read the rules and regulations of the I-85
                     North Board of REALTORS® Circle of Excellence, has read and reviewed the application,
                     and warrants that it is true and correct and that the applicant has met all the qualifications
                     of the rules for admission to the Circle of Excellence. The broker also swears that all of the
                     information and Volume Sheets are in accordance with his records (or has verified that
                     applicant worksheet, if part of a team, is accurate) and that a real estate commission/fee was
                     paid in cash or collectible note. He/she understands that should there be any
                     misrepresentation in form and or content of this application, other than typographical, the
                     application submitted shall be disqualified.

The Broker/Designated REALTOR® may authorize another REALTOR® in his firm to sign and notarize the
certification provided this authorization is in writing and on file in the Board Office prior to filing this application.
This assignment of authorization in no way relieves the Broker/Designated REALTOR® from responsibility of
certification of this application.

If applicant’s transactions are from more than one company, a Circle of Excellence Worksheet(s) must be prepared for
the transactions occurring in each company, signed, notarized and certified by the applicant and Broker/Designated
REALTOR® of each company.

APPLICATION SUBMISSION

The application must be submitted to the COE Committee on or before the deadline date.

With each application, there must be a typed, signed, certified statement of the applicant’s closed business for the
qualifying year, including the required information on the Circle of Excellence Worksheet.

Each Circle of Excellence Worksheet must be signed. Each such statement must be sworn to by the applicant and also
certified by his/her Managing Broker that the applicant has qualified for the COE under the present rules and
regulations. SHOULD THE COE COMMITTEE FIND THAT A BROKER AND/OR AGENT HAS
SUBMITTED A FRAUDULENT APPLICATION, HE/SHE WILL BE DISQUALIFIED.

THE COE COMMITTEE RESERVES THE RIGHT TO REVIEW AND AUDIT ANY OR ALL
APPLICATIONS.


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If the Managing Broker has qualified for the COE, he/she may choose to have another REALTOR®/Broker
certify for his/her application that he/she has qualified for the COE under the present rules and regulations.

In order to qualify for $1,000,000 in new business, the individual must submit an application for membership and a
non-refundable Application Fee to the I-85 North Board of REALTORS, as set by the COE Committee prior to the
deadline established for that year. With each application there must be a detailed statement of the applicant's closed
business for the qualifying year including property address, participation of salespeople involved within the same
office and/or participation with any other brokers together, and any other pertinent information.

A random audit of no less than 10% of submitted applications will be conducted. Audited applicants and their Broker
will be notified by “read return” email. Upon receipt of “read return” email, audited applicants will have seven (7)
calendar days to submit a copy of the closing statement for each transaction listed on the application. Should there be
any question about any given closing statement and/or transaction, the COE Committee shall retain the right to contact
applicant and request satisfactory clarification. Said closing statements shall be returned to applicant upon written
notice by the COE Committee of approval of said applicant by the Board of Directors.

The closing statements, a copy of each sold listing as published in the MLS or a copy of the listing contract, (if
one exists and it was not published in the MLS) or a copy of the front page and the signature page of the sales
contract for each transaction must be attached to the closing statement for that transaction. Applicants will be
charged an additional application fee of $50 if their application is not complete at time of submission.


With each application there must be a nonrefundable application fee as may be determined each year by the Circle of
Excellence Committee of the I-85 North Board of REALTORS®, Inc., subject to approval by the Board of Directors.
This application fee will be made payable to the I-85 NORTH BOARD OF REALTORS®, INC., to cover the expense
of plaques, buttons and promotions as deemed appropriate by the COE Committee.

CREDITS

Credits shall be allowed for production of sales, listings, and leases as follows:

     a) For the Selling Agent(s) or Team, the maximum credit allowed shall be 50% of the amount of the closing
        purchase price.

     b) For the Listing Agent(s) or Team, the maximum credit allowed shall be 50% of the selling price as determined
        in Paragraph (a) above.

     c) In-House Transactions - When more than one individual REALTOR® within the same company participates as
         selling agents, listing agents, or as leasing agents, the volume credit shall be split 50% of each side of the sale.

     d) Co-Op Sales - If more than one brokerage company participates in any one sale or lease, the volume credit
        allowed for qualification will be a maximum per brokerage company of 50% of the closing price.

     e) For Open Listings/For Sale by Owner/Limited Services – where there is only one agent involved in the
        transaction, that agent may claim 100% of the credit.

     f) Effective Dates - The effective date for credit for sales, listings, and leases shall be as follows:
        1. For sales and listings, the date on which title is passed shall be the date of credit.
        2. For leases, the date on which the lease term begins shall be the date of credit.



                                                                                                                           6
     g) For the Leasing Agent(s) - For leases, along with the application, a copy of a consolidated cash flow statement
        for year (January 1 – December 31) must be submitted. Rental income must be $1,000,000 million or more.
        Full credit shall be given for the amount of the gross aggregated rent from January 1 of the previous year
        through December 31. Credit shall be given for the year for any renewals, expansions, and exercise of options
        for renewals. However, credit shall be allowed only upon actual renewals for the year in which such new term
        begins. Should a company have more than one leasing agent credit shall be shown for $1 million per agent.
        Applications must be attached and submitted together.

     h) Syndication: Where an individual REALTOR® sells shares of ownership in property through syndication, the
        volume credit allowed shall be in the same proportion as the percentage of ownership which that salesperson
        sells in the syndicated transaction.

     i) Ownership Position: Where a broker/agent takes ownership position in a sale, purchase or lease or credit toward
        qualifying for membership in the COE, he/she shall NOT be penalized to the extent of the ownership interest
        taken. Credit shall be allowed for closed transactions. Additional documentation may be required.

     j) Transferable Credit: Credits shall be transferable from another Board to the I-85 North Board of REALTORS®.
         The credit allowed will be calculated in accordance with the I-85 North Board of REALTORS® rules of
         admission and requirements for membership in the COE.

     k) Total Credit Amounts: Total credit amounts claimed by all applicants for purposes of qualifying for the COE
        cannot exceed a combined amount of 100% of the total purchase price.

     l) Referral Fees: No credit shall be given for referral fees collected from any real estate transaction.

     m) Personal Assistants: No volume can be claimed for property closed under the name of another licensee while
       applicant served as personal assistant for that licensee.

CLASSES OF MEMBERSHIP

There will be three (3) classes of COE membership and three (3) classes of Phoenix memberships:

Classes:

1. Circle of Excellence: One who qualifies for Circle of Excellence membership by obtaining a closed volume of
$1,000,000 - $2,499,999.
2. Circle of Distinction: One who achieves a closed volume between $2,500,0000 – $3,999,999 during the qualifying
year.
3. Circle of Honor: One who achieves a closed volume of $4,000,000 or more during the qualifying year.

Phoenix: The Phoenix category represents the number of years in the COE:

1.      Bronze: One who has been elected to membership ten (10) times. Awarded to members upon their 10th year of
        membership.
2.      Silver: One who has been elected to membership a total of twenty (20) times. Awarded to members upon their
        20th year of membership.
3.      Gold: One who has been elected to membership a total of thirty (30) times. Awarded to members upon their
        30th year of membership.




                                                                                                                      7
USE OF DESIGNATION

Members of the COE shall be authorized to use the term Member of the Circle of Excellence, Circle of Excellence
Member or COE seal adopted by the Board of Directors of the I-85 North Board of REALTORS®, Inc. for use on all
advertising, calling cards and letterheads. If a member is not an *Active member of the COE, member must also
display either the most recent year or years they were a member of the COE. *Active is the calendar year
immediately following the qualifying year.

Bronze Phoenix, Silver Phoenix and Gold Phoenix Members of the COE shall be eligible to use such seals and insignia
as long as they live.

RECOGNITION AND AWARDS

The applicants who qualify for the COE will be recognized at a designated function of the I-85 North Board of
REALTORS®, Inc. At such time, said qualified applicants will be presented with a plaque by the Board. Phoenix
recipients may be required to pay additional fees for award.

PREVIOUS EARNED AWARDS

All equivalent awards earned from REALTOR® Boards shall be recognized towards qualifying for the above awards.
A letter of verification from the other Boards will be required.

COE COMMITTEE

Committee members to be selected by the President of the I-85 North Board of REALTORS®, Inc. in accordance with
the Association’s policy manual. It shall be the duty of the Committee to preview and qualify all COE entries. All
reviews will be scheduled to begin promptly after the deadline for receipt of applications. A report will be submitted to
the Directors of the I-85 North Board of REALTORS®, Inc. at the January meeting.

MEMBERSHIP TERMINATION

Active membership in the COE shall be contingent upon continuous membership in good standing. If for any reason a
member of the COE ceases to be a member of the I-85 North Board of REALTORS®, Inc., his/her active membership
in the COE will automatically be terminated. Phoenix Membership in the COE shall be placed on hold until
reactivated.

“Members whose membership is terminated for failure to pay dues by January 31 of the qualifying year will not be
eligible for any honors or awards including, but not limited to, the Circle of Excellence during the year or as a result
of their efforts during that year”.

PROHIBITIVE USE

REALTORS® and REALTOR® Member companies of the I-85 North Board of REALTORS®, Inc. shall not use the
words “Circle of Excellence,” “Qualified for the Circle of Excellence,” or words similar thereto, in their awards
without prior approval by the Board of Directors, and except to denote membership in the I-85 North Board of
REALTORS®, Inc. Circle of Excellence. The spirit of this rule is important to maintain the prestige of the COE Award
in the I-85 North Board of REALTORS® Circle of Excellence. Any REALTOR® who violates the provisions of this
paragraph shall be disqualified for the award and then reported to the Grievance Committee for action.




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APPROVAL AND DISSOLUTION

The COE of the I-85 North Board of REALTORS®, Inc. has been established and is sponsored by the I-85 North
Board of REALTORS®, Inc. All actions of the committee shall be subject to the approval of the Board of Directors.
The Board of Directors of the I-85 North Board of REALTORS®, Inc. reserves the right to dissolve the COE at its
discretion.

MEMBERSHIP RECORDS

It is necessary to keep permanent records of the annual recipients of the COE awards. The Committee Chairperson
shall work in conjunction with the Board Association Executive to record this information in a permanent ledger to be
maintained as a part of the permanent files kept in the I-85 North Board of REALTORS®, Inc. office. All applications,
and other pertinent information submitted shall be kept as a part of the I-85 North Board of REALTORS®, Inc.
records.




                                                                                                                    9
                                            VOLUME RECAP
                  (to be used by agents who have transferred companies and/or board affiliations)

                                               — Must Be TYPED —


Total Dollar Volume Claimed – Current Firm $

Total Dollar Volume Claimed - Previous Firm $

Name of Other Firm affiliated with during Qualifying Year:




TOTAL CREDIT CLAIMED: $



Name




                                                                                                    10
                                    2011 Phoenix Award Application
                                   I-85 North Board of REALTORS®

PURPOSE:
This award recognizes people who have been members of the Circle of Excellence (formerly the Million Dollar Club)
ten (10) years or more. The Phoenix Award has been created to enhance professionalism and to honor those people
who have achieved long-term success as REALTORS®.

POLICIES AND PROCEDURES:
  1. The nominee must be a member of the I-85 North Board of REALTOR® Circle of Excellence (formerly the
     Million Dollar Club) Retired person will also be considered.
  2. The nominees must fill out and return this form.
  3. Send this form to the I-85 North Board of REALTORS® no later than January 16, 2012. Please attach a check
     for $100 made out to the I-85 North Board of REALTORS®. Award winners will receive a plaque/trophy
     recognizing their achievements. This fee covers the COE Application.
  4. The award shall be presented as follows: Bronze Phoenix obtained after 10 years, Silver Phoenix obtained
     after 20 years , and Gold Phoenix after 30 years.
  5. This award will be given out at the Annual Awards Banquet.

Please check the appropriate category:   Bronze         Silver       Gold

NOMINEE’S NAME:
(As to be displayed on plaque/trophy)

   I would like a plaque recognizing my Phoenix level achievement (No additional fee required).

   I would like a trophy recognizing Phoenix level achievement:
      Bronze Phoenix enclose an additional amount of $________
      Silver Phoenix enclose an additional amount of $________
      Gold Phoenix enclose an additional amount of $_______
   I would like a plaque recognizing Circle of Excellence Achievement. (Enclose an additional amount of $50.)

Company Name:
Date Nominee Began Real Estate Career:
List all years in the I-85 North Board Circle of Excellence / Million Dollar Club:

Respectfully Submitted,

__________________________________________                       _______________________________________
Applicant’s Signature                                            Broker’s Signature




                                                                                                                11
                                       Team Member RECAP
Team Member Name:
Team Name:
Company (Brokerage):

                                                     Transaction List
                                           (attach additional pages if necessary)

Transaction   #:      Team   Member   %:         Team   Member   Credit   $
Transaction   #:      Team   Member   %:         Team   Member   Credit   $
Transaction   #:      Team   Member   %:         Team   Member   Credit   $
Transaction   #:      Team   Member   %:         Team   Member   Credit   $
Transaction   #:      Team   Member   %:         Team   Member   Credit   $
Transaction   #:      Team   Member   %:         Team   Member   Credit   $
Transaction   #:      Team   Member   %:         Team   Member   Credit   $
Transaction   #:      Team   Member   %:         Team   Member   Credit   $
Transaction   #:      Team   Member   %:         Team   Member   Credit   $
Transaction   #:      Team   Member   %:         Team   Member   Credit   $
Transaction   #:      Team   Member   %:         Team   Member   Credit   $
Transaction   #:      Team   Member   %:         Team   Member   Credit   $
Transaction   #:      Team   Member   %:         Team   Member   Credit   $
Transaction   #:      Team   Member   %:         Team   Member   Credit   $
Transaction   #:      Team   Member   %:         Team   Member   Credit   $
Transaction   #:      Team   Member   %:         Team   Member   Credit   $
Transaction   #:      Team   Member   %:         Team   Member   Credit   $
Transaction   #:      Team   Member   %:         Team   Member   Credit   $
Transaction   #:      Team   Member   %:         Team   Member   Credit   $
Transaction   #:      Team   Member   %:         Team   Member   Credit   $
Transaction   #:      Team   Member   %:         Team   Member   Credit   $
Transaction   #:      Team   Member   %:         Team   Member   Credit   $


Total Sales Volume Team Member: $

Team Member Instructions:

Your Team Leader has given you a Team Transaction Worksheet showing each transaction which you
participated in as a Team Member.

Please verify the accuracy of all transactions listed, then transfer the information from the Team Transaction Worksheet
EXACTLY AS IT APPEARS IN THE SECTION NEXT TO YOUR NAME.

Add the Total in the Team Member Credit Column of this RECAP to determine your total Sales Volume.

Your Total Sales Volume Team Member Dollars must be at least $1 Million to qualify for the Circle of
Achievement Award.
                             Team Transaction Worksheet
                                      (use when 2 or more agents participate on a side)

Instructions:
The Team Leader (or Broker) should fill out this worksheet for Each Transaction the Team handled and assign
it a Transaction Number. All Individual Team Members listed MUST have received a verifiable documentation
as a DIRECT result of the transaction claimed. The Percentage of Credit MUST be equal to the Percentage of
Participation. A Team Member MUST have been part of the team prior to the Binding Agreement Date on any
transaction claimed. Failure to comply with these requirements may lead to disqualification of the entire Team.
Team Members should receive a copy of any worksheet that their name appears on and should transfer the
information to their Team Member RECAP noting the Transaction # below.

                                                   Transaction #

1. Property Address:
2. Closing Date:
3. Team Represented:          Buyer      Seller     Both
4. Value of Transaction (Sold Price): $
5. Total Team Credit:         % (50% maximum unless Both is marked on line 3)
6. Team Total Dollar Credit (Line 4 X Line 5): $

Team Members to Credit for this Transaction:

Name:               %   Credit:   $
Name:               %   Credit:   $
Name:               %   Credit:   $
Name:               %   Credit:   $
Name:               %   Credit:   $
Name:               %   Credit:   $
Name:               %   Credit:   $
Name:               %   Credit:   $
Name:               %   Credit:   $
Name:               %   Credit:   $


Total All Team Members:                                     % Credit $

               (All Team Member TOTALS must equal Total Team Credit Shown on Line 6)




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EXAMPLE: The following is to assist those who are part of a Team, Partnership, or Group (which has more
than one agent sharing credit on a transaction) fill out their application accurately. Note that the Team Leader
or Broker MUST fill out a Team Transaction Worksheet for EACH transaction claimed.

TEAM MEMBER NARRATIVE:

The “A” Team is comprised of 7 members. They have a written agreement to share ALL of the Teams’
commissions based on the following:
       Kevin and Karen receive 35% each (70% combined)
       Jim, Jan, and John each receive 10% (30% combined)
       Adam and Alice are licensed assistants in the Team, and paid Salary (or hourly).

The “A” Team’s listing at 10 Washington Place in Athens was sold by Jimmy Smith of B-Brokers Realty. It sold
for $300,000 with the Listing Side receiving a 3% commission and the Selling Side receiving a 3% commission.
The transaction closed on July 3rd. This is how the Team Transaction Worksheet should look:

                                          Transaction # ____7_____

1. Property Address: ________10 Washington Place, Athens, GA____________
2. Closing Date: ____________________July 3, 2009_____________________
3. Team Represented: ________ Buyer ____X___Seller _________Both
4. Value of Transaction (Sold Price): $_____________300,000________________
5. Total Team Credit: _____50____% (50% maximum unless Both is marked on line 3)
6. Team Total Dollar Credit (Line 4 X Line 5): $___________150,000__________

Team Members to Credit for this Transaction:

Name: _Kevin Adams ______ _______             __ _35_% Credit: $__52,500____

Name: _Karen Adams_____________________ _35_% Credit: $__52,500____

Name: _Jim Adamson_____________________ _10_% Credit: $__15,000____

Name: _Jan Anderson_____________________ _10_% Credit: $__15,000____

Name: _John Appleseed___________________ _10_% Credit: $__15,000 ____

Total All Team Members:                          100_% Credit $__150,000____




                                                                                                               3
                            Common Questions and Answers!

Q: I represented a Buyer in the purchase of a home that was “For Sale by Owner”. Can I claim 100% of the
transaction as credit?
        A: Yes, as long as no other agent was involved in the transaction.

Q: I sold a personal property of mine. Can I claim this transaction as credit?
        A: Yes – Keep in mind, you claim credit for the “side” of the transaction you represented.

Q: I was doing my COE worksheet and am really close to having $1 Million, but fell just short. Can another
REALTOR® (or team member) give me part of one of their transactions for credit so I meet the dollar
requirement?
       A: No. The purpose of this award is to recognize your production. Sharing credit for a transaction that
       you were not directly involved in is a violation of the rules and considered unethical behavior (and may
       be considered fraud!). Both you and the person (or team) claiming such a transaction may be subject
       to disqualification and/or report to the Grievance Committee. DON’T DO IT!

Q: I received payment for referring customers/clients to out of area agents. Can I claim this as part of my
Credit?
        A: No. Referrals are not allowed to be counted as credit towards COE production.

Q: I have been a member of the Million Dollar Club for several years. Will my previous membership count
towards my Circle of Excellence Awards?
       A: Yes. All past achievements will count towards the Phoenix award criteria.

Q: Can I advertise my previous years as a member of the Million Dollar Club?
      A: Yes, however, you must either display the most recent year or years they were a member of the
      MDC or use the term Lifetime Member if you have achieved Lifetime status. (Example: Million Dollar
      Club Lifetime Member or Million Dollar Club Member - 1980).

Q: Can I amend my initial application to a higher category based on sales past the early bird deadline.
      A: Should an applicant elect to amend their early bird application to qualify for a higher level award
      the following must be supplied prior to the deadline: 1) an additional $15; 2) an updated grid sheet;
      and 3) the additional documentation.

Q: If this is my 10th year and I am submitting for my bronze Phoenix, should I also submit for a “Circle”
Award”?
       A: Yes. A Phoenix awards you for your number of years. A “Circle Award” recognizes your volume
       production.




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