(For information only...please check current year's rules posted in May)

Most important rules

If you are submitting your application by mail, the envelope must be postmarked BY THE U.S. POSTAL SERVICE BY JULY 21 of the current year. If you are submitting your application in person or via an overnight delivery service, applications must be received by 5:00 p.m. on July 22, of the current year at OAR Headquarters. It is the sole responsibility of the applicant to ensure that his or her application meets the deadlines stated above.

2. The signature of the applicant, as well as his or her broker or office manager must appear on each page of the application. If the applicant has been associated with more than one office during the eligibility period, the signatures of all brokers or office managers are required.

Other Important Rules

3. Name of applicant should be written as you wish it to appear on your plaque. You must complete the file number and board name for proper credit.

4. Level of Attainment and Method of Production MUST be properly indicated. If audited by OAR and the Level of Attainment applied for is not met, the application will automatically default to the next lower Level of Attainment Category.

5. CLOSING DATES MUST BE IN CHRONOLOGICAL ORDER WITH VERIFICATION UPON REQUEST. Each transaction must include the date closed, address, listing agent and firm, selling agent and firm, sale/lease price, dollar amount claimed, and transaction credit.

6. All applications MUST show page totals for the "$ Amount Claimed" and "Transaction Credit" columns. An adding machine tape is NOT required.

7. Applications must be submitted on the "Current Year" OAR President's Sales Club application. Sales and transaction information required on the application may be submitted in computer-generated form as long as the information is presented in the EXACT FORMAT as the application form itself. The Official Application form must still be submitted to supply the other required information. Photocopy reproductions of the "Current Year" application are acceptable. You can also fill out the form on-line at www.ohiorealtors.org, then print, sign and mail.

8. Application must be legible, (typed or printed in ink) and must be accompanied by an application fee payable to the Ohio Association of REALTORS. Applications may be submitted individually or in a group by the Broker. If submitted in a group the applications may be accompanied by one check to cover all application fees.

9. Mail applications, with payment enclosed, to: Ohio Association of REALTORS, 200 East Town Street, Columbus, OH, 43215.

10. NO FAX OR E-MAIL TRANSMISSIONS WILL BE ACCEPTED.

11. Applications become the property of OAR once submitted.

OAR President's Sales Club Award

PURPOSE: To recognize exemplary individual sales performance of Ohio REALTORS.

ELIGIBILITY: Any REALTOR member of the Ohio Association of REALTORS in good standing is eligible. All real estate sales may be claimed for transaction or dollar volume credit, whether residential, commercial or industrial. The terms "sales," "leases" and "transactions" are hereafter used interchangeably. TRANSACTIONS CLAIMED MUST HAVE BEEN CLOSED BETWEEN JULY 1 OF THE PREVIOUS YEAR AND JUNE 30 OF THE CURRENT YEAR.

Award Attainment Levels

Award of Achievement $1 Million in sales volume OR 25 sale/lease transaction credits

Award of Distinction $2.5 Million in sales volume OR 50 sale/lease transaction credits

Award of Excellence $5 million in sales volume OR 75 sale/lease transaction credits

Pinnacle of Performance $7.5 million in sales volume OR 100 sale/lease transaction credits

METHOD OF ATTAINMENT: There are two methods of achieving the Award for each level.

• METHOD A: DOLLAR VOLUME The amount to be claimed is obtained by dividing the sales price by the number of sales agents participating in the sale or transaction. The total sales price may be claimed if the applicant lists AND sells the property. One-half of the total sales price is claimed if the applicant serves only to list OR sell the property. Two or more listing OR selling agents receive a proportionate amount of sales price.
  COMMISSIONS OR BONUSES CANNOT BE INCLUDED ON THIS APPLICATION.
  
  
• METHOD B: NET TRANSACTIONS Credit is granted on the same basis as METHOD A: If the applicant lists AND sells the property, one transaction credit may be claimed. If the applicant serves only to list OR sell the property, 1/2 transaction credit may be claimed. Two or more listing OR selling agents receive a proportionate amount of 1/2 transaction credits.

	Property	$ Volume	Credit
Agent lists and sells	$50,000	$50,000	1
Agent lists only	$50,000	$25,000	.5
Agent sells only	$50,000	$25,000	.5
Two or more listing agents	$50,000	$12,500	.25 or proportionate amount
Two or more selling agents	$50,000	$12.,00	.25 or proportionate amount

REFERRALS: 1/4 credit will be given for referrals over and above the listing and selling agent credit. (e.g. Selling price is $50,000, referral agent would receive $12,500 credit or 1/4 net transaction credit.) Only the most recent referral on either the listing or sale side of the transaction may be claimed. Check mark the column marked "REFERRAL" for each referral claimed. If audited, a closing statement or referral form will be required and a copy of the check for the referral fee, paid to the applicant, may be required.

FSBO/NEW BUILD: For Sale By Owner and new build credit can only be given for the selling portion of the transaction.

TEAMS: Team recognition is not provided for in this program. Team members may apply for individual recognition. Each transaction must be split proportionately. This is an individual award and assignment of credit for transactions is prohibited.

LEASES: Only commercial/industrial leases may be claimed. Multi-year leases must be claimed one-time only in the first year of the lease for the full amount of the lease.

MULTI-LOT: The number of transaction credits granted in multi-lot sales will be equal to the number of buyers. (i.e. five lots and one buyer equals one transaction credit; five lots and five buyers equals five transaction credits.)

VERIFICATION: Verification of eligibility must be confirmed by each agent submitting an application, and his/her broker or office manager must certify and sign the application. When an agent has worked for more than one office during the eligibility period, both brokers must certify sales made while in his or her office.

AUDIT: OAR reserves the right to randomly audit applications from the date of their receipt through September 1 of the current year to verify all sales claimed. No audits will be conducted beyond this period. If audited, copies of signed listing agreements and/or purchase contracts will be requested.

LATE APPLICATION ACCEPTANCE: Applications postmarked after July 21 of the current year but on or before July 31 of the current year will have the option of submitting a late fee plus the application. If your application is postmarked after July 21 but on or before July 31, you will be notified of this option via certified mail or by telephone.

ADVERTISING AND PROMOTION: In all advertising and representations to the public the abbreviation "OAR" MUST precede the phrase "President's Sales Club." The year or range of years MUST be included. (e.g. OAR President's Sales Club-2008 or OAR President's Sales Club-1998-2008) The Level of Attainment may be included in all advertising including business cards, news releases, or personal promotion pieces. (e.g. OAR President's Sales Club Award of Achievement-2008) You will receive notification of the results of your application by Aug. 7, of the current year. SUCCESSFUL CANDIDATES MAY ADVERTISE THEIR ACHIEVEMENT UPON RECEIPT OF THIS NOTIFICATION.

PRESENTATION OF AWARD: Those qualifying for the OAR President's Sales Club will be recognized and presented an award at the OAR President's Sales Club Recognition Dinner during OAR's Annual Convention. A President's Sales Club Booklet comprised of the award recipients will be distributed at the Convention. As additional recognition, the Booklet will also indicate those President's Sales Club recipients who are RPAC Life Members or Capitol Club Members. Those not attending the Dinner will receive their award by UPS within 4-6 weeks following the Convention.

ENFORCEMENT: Failure to abide by these rules may result in disqualification of the company and/or the individual or individuals involved in participating in the OAR President's Sales Club Award Program for the current and/or following award year. Such decisions shall be made by the OAR's President's Sales Club Task Force, appointed by the OAR President. Such decisions shall be final.