What is the Remax Platinum Award?
Platinum Club – recognizes individuals and teams who earned $250,000 to $499,999 in gross commissions.
What does re MAX Platinum Club mean?
RE/MAX Platinum Club – recognizes associates who earned $250,000 to $499,999 in gross commissions. RE/MAX Chairman’s Club – recognizes associates who earned $500,000 to $999,999 in gross commissions. RE/MAX Diamond Club – recognizes associates who have earned $1 million or more in gross commissions.
What is a platinum award in real estate?
Director’s Platinum Award Represents the top 5% of a sales representative’s marketplace. Qualifying amounts vary from region to region and is based on gross, closed and collected income.
What is the 100 Club in real estate?
Awards Main. Awarded to Executives grossing $100,000 or more for the year.
What is the Titan Club Award?
The award honors successful agents who have earned more than $750,000 in commissions for 2018. Created in 2015, the Titan Club Award was presented to less than one percent of all active RE/MAX agents in the country for their performance last year.
What does Remax Hall of Fame mean?
The Hall of Fame award is the third highest national honor given for total career sales and years of service to the RE/MAX organization. The Lifetime Achievement award is the second highest national honor given for total career sales and seven years of service to the RE/MAX organization.
What is a platinum award?
Reflecting growth in record sales, the Platinum award was added in 1976, for albums able to sell one million units, and singles selling two million units. The Multi-Platinum award was introduced in 1984, signifying multiple Platinum levels of albums and singles.
What is President’s Gold Award?
Each winner of the President’s Award for Educational Excellence will receive a certificate with a gold seal for free. Pins based on the student’s grade level (elementary, middle and high school) can be ordered for an additional fee.
What gross commission means?
Gross commission income is the total dollars of commission that a brokerage or agent receives. Most brokerages define their revenue as their gross commission income. Gross commission income can also be calculated by multiplying the total sales volume by the average commission rate.
How do you get into the Remax Hall of Fame?
RE/MAX Hall of Fame– Affiliates who have earned at least $1 million in commissions during their careers with RE/MAX earn the Hall of Fame award.
What is Remax lifetime achievement?
The Lifetime Achievement award is the second highest national honor given for total career sales and seven years of service to the RE/MAX organization. The Circle of Legends award is the highest national honor given for total career sales and ten years of service to the RE/MAX organization.
What is GCI in real estate?
GCI. Gross commissionable income is the amount of commission a real estate broker receives from a seller on completion of a sale. It is calculated by multiplying the sale price of a property by the commission rate. The broker allocates a portion of the GCI toward compensation for a real estate agent.