2024 Awards

Page 1


Awards

ENGEL & VÖLKERS AMERICAS

Recognizing Excellence

Recognizing Excellence

The success of Engel & Völkers is the result of the commitment of thousands of license partners, brokers, advisors, and support staff who proudly embody three core values of competence, exclusivity, and passion. The 2024 Awards Program has been established to recognize those individuals and shops that exemplify the very best in our network.

The Awards Committee will review all criteria, and the winners will be announced in March 2025. The 2024 Awards Program period shall begin on January 1, 2024, and end on December 31, 2024. Please refer to the Eligibility Requirements for guidance on specific rules and regulations.

The Engel & Völkers Elite Club

CHAIRMAN’S CIRCLE

To qualify for Chairman’s Circle, an Engel & Völkers advisor must have achieved greater than $1,000,000 in closed GCI or a minimum of 60 closed sides, in calendar year 2024.

PRESIDENT’S CIRCLE

To qualify for President’s Circle, an Engel & Völkers advisor must have achieved between $625,000 and $999,999 in closed GCI or a minimum of 48 closed sides, in calendar year 2024.

DIAMOND LEVEL

To qualify for Diamond Level, an Engel & Völkers advisor must have achieved between $350,000 and $624,999 in closed GCI or a minimum of 36 closed sides, in calendar year 2024.

RUBY LEVEL

To qualify for Ruby Level, an Engel & Völkers advisor must have achieved between $150,000 and $349,999 in closed GCI or a minimum of 30 closed sides, in calendar year 2024.

ONYX LEVEL

To qualify for Onyx Level, an Engel & Völkers advisor must have achieved between $75,000 and $149,999 in closed GCI or a minimum of 18 closed sides, in calendar year 2024.

The Engel & Völkers

Top Producer Awards

Engel & Völkers shops and advisors are market experts, committed to providing outstanding client service, passionate about what they do, and well-connected to the community and the global network to which they belong. The Engel & Völkers Top Producer Awards recognize the leading producers based on GCI and sides within the Americas network.

TOP ADVISORS - AMERICAS

• Top 25 advisors based on closed GCI

• Top 25 advisors based on closed sides

TOP TEAMS - AMERICAS

• Top 10 teams based on closed GCI

• Top 10 teams based on closed sides

TOP SHOPS - AMERICAS

• Top 10 shops based on closed GCI

• Top 10 shops based on closed sides

The Engel & Völkers Development Services Awards

PROJECT AWARD

This award is presented to the shop that best leverages training, materials, and supporting partners associated with the Development Services Designation to win and successfully execute assignments encompassing services ranging from builder/developer advisory to project representation to taking over sales.

VISIONARY AWARD

This award is presented to the shop representing the project (whether a new homes community, condo building, or townhomes) with the most creative and impactful brand, collateral, and marketing campaign (selected in consultation with outside industry experts).

Special Olympics

CHAMPION AWARD

The Special Olympics Champion Award is presented to the shop group, shop, and advisor who have exemplified leadership in championing Engel & Völkers’ commitment to Special Olympics throughout the past year, recognizing significant fundraising achievements, participation in Contribution at Closing, or any particularly outstanding initiatives for or on behalf of Special Olympics.

The Engel & Völkers Pillar Awards

MARKETING EXCELLENCE

Presented to the shop that embraces Engel & Völkers’ marketing offerings and platforms to strengthen the overall brand in their market and encourages advisor adoption to create and distribute compliant and impactful marketing pieces that promote the shop, listings, advisor excellence, and the Engel & Völkers brand.

ICONIC SHOP

Presented to the shop that best exemplifies the iconic Engel & Völkers shop concept. Qualifying shops demonstrate the highest ranking of compliance, measured and reviewed by our Retail Design team. The shop is also leveraged for local community engagement through hosted events. The shop has submitted quality photography and video of its interior and exterior post build out and/or upon completion of shop improvements (i.e. new refinement components).

E&V WORLD

Presented to the shop that utilizes and encourages the adoption of all E&V World apps and offerings, inclusive of the Google Workspace and the evrealestate.com email domain, obtaining the highest percentage of overall usage of World by its advisors to create efficiencies and maximize Engel & Völkers’ offerings.

E&V AMBASSADOR

Presented to the Americas shop, advisor, and support staff member who best represent the Engel & Völkers brand in everything they do. From providing a level of service that exceeds expectations to utilizing and embracing the unparalleled collaborative culture that the Engel & Völkers network has to offer, these award winners operate with the utmost passion and embody what it means to be a part of this brand.

TALENT AWARD

Presented to a shop that has been a leader in both talent attraction and retention, successfully attracting top-quality talent to its shop, increasing its per-person productivity, and increasing its year over year growth rate. The highest growth percentage of new, producing advisors joining a shop, retention rates, and per-person productivity are E&Vluated for the calendar year.

REFERRAL AWARD

Presented to the shop that participated in the most annual closings resulting from in-network referrals that it either initiated or received, best leveraging the global Engel & Völkers network.

The Engel & Völkers Cup

The Engel & Völkers Cup is awarded each year to the shop that successfully demonstrates a clear commitment to Engel & Völkers’ systems, tools, marketing programs, referrals, and shop concept, while being a leader within its community and the network. To qualify, a shop must achieve a high level of brand compliance and show positive growth year over year and/or be actively outperforming its market. The seven E&V Cup finalists will be determined by metrics associated with productivity growth and market comparisons, as well as brand affinity, and will be announced prior to EVX.

The Engel & Völkers Awards selection committee will, include, among additional criteria, the following:

• A significant quantifiable increase in per-person productivity by side and volume count

• Shop leadership who exemplify the cultural vision behind the core values of Engel & Völkers

• Overall demonstration of outstanding bespoke service as exemplified through participation in customer satisfaction programs or other qualified sources to measure consumer feedback

• Embracing Engel & Völkers' marketing and platform offerings and utilizing those offerings to their fullest extent in the local market

• The number of successful talent attraction and talent engagement programs in place within the shop and know the results are leveraged by the shop

ELIGIBILITY REQUIREMENTS

A. Only closed transactions entered into Engel & Völkers Deals with a date of notarization (i.e., closing date) between January 1, 2024, and December 31, 2024, may be credited to an Eligible Participant for eligibility toward any E&V TPA and/ or distinction within the E&V EC, except for closed transactions verified by acceptable means to the Awards Committee.

B. For any Eligible Participant’s eligibility toward any E&V TPAs and/or E&V EC distinctions under the 2024 Awards Program, all fees owed under the Engel & Völkers system during calendar year 2024 must have been fully reported and paid. No Earned GCI and/or Earned Side(s) will be credited to any Eligible Participant for any transactions for which all fees have not been fully paid to Engel & Völkers Americas, Inc. or Engel & Völkers Canada Inc., as the case may be.

C. For all transactions closed on or after the date on which an Eligible Participant joins the Engel & Völkers Americas network, only data submitted through Engel & Völkers Deals will be used on the basis of E&Vluating whether such transactions will be credited for such Eligible Participant’s eligibility toward E&V TPAs and/or distinction within the E&V EC, unless approved in advance by the Awards Committee.

D. Any closed transactions in calendar year 2024 from Advisors and/or Advisor Teams from Engel & Völkers Americas shops no longer active as of January 1, 2024, may count for eligibility toward advisor- level or team-level E&V TPAs and/ or E&V EC distinctions, provided such individual Advisors or Advisor Teams are active with another Engel & Völkers Americas shop as of January 1, 2024. Such shop remains subject to all of the Eligibility Requirements on and after such Eligible Advisor Participants join the shop, including specifically the requirement that all fees owed under the Engel & Völkers system during calendar year 2024 must have been fully reported and paid.

E. The determination of the recipients to the awards listed in this section remains at the sole discretion of the Awards Committee.

F. Advisors prior production must be reported in Porfile by December 31, 2024 to be counted towards awards.

G. Earned GCI and/or Earned Sides from transactions submitted as Prior Production for an Eligible Advisor Participant will not be credited toward (i) the overall Earned GCI and/or Earned Sides for any shop-level E&V TPAs, and/or (ii) any credit toward recognition of any shop or Advisor under global awards programs, if offered.

H. All Earned GCI shall be calculated according to the currency in which such transactions are reported into Engel & Völkers Deals, without giving effect to any foreign currency exchange rates.

I. No Sales Volume values entered into Engel & Völkers Deals will be used as a means of calculating eligibility toward any E&V EC distinctions for any Eligible Participant.

J. Only those individuals recognized as License Partners as of December 31, 2024, will be recognized for any shop-based E&V TPAs and/or any awards identified in Section E.

K. Only shops and/or individuals who maintain an “Active” status in the Engel & Völkers Americas World as of

December 31, 2024, may qualify as an Eligible Participant under the 2024 Awards Program.

L. No Advisor or Advisor Team will be credited with Earned GCI and/or an Earned Side for any transactions entered into Engel & Völkers Deals without an Advisor identified in the line item for that particular transaction.

M. No Special Transactions will be credited as an Earned Side to any Eligible Participant for purposes of determining eligibility for any E&V TPAs; however, any Earned GCI from Special Transactions may be credited to an Eligible Participant for purposes of determining eligibility for E&V TPAs and/or an E&V EC distinctions, provided all fees owed on all Special Transactions have been fully paid.

N. Any underreported transactions and/or transactions discovered during an audit of a License Partner’s business records will not be credited to any Eligible Participant for the given transaction.

O. For purposes of determining an Advisor’s total Earned GCI per closed transaction in calendar year 2024, the respective Gross Commission for the transaction will be multiplied by the corresponding percentage share entered into Engel & Völkers Deals for each respective Advisor to such closed transaction, and the remaining product will be the Earned GCI.

P. For any transactions previously entered as multiple commission payments for the same property, only the first entry at time of closing of such transaction into Engel & Völkers Deals will be eligible for credit as an Earned Side. For purposes of determining the total number of Earned Sides per closed transaction, the following formula will be applied:

Q. The total number of Advisors listed as the “listing” or “sales” advisor on a transaction reported into Deals will be added and prorated per share of side. The remaining quotient will be the total Earned Side credit for each “listing” or “sales” advisor respectively on the given transaction and such amounts will contribute to the Eligible Participant’s total Earned Sides.

R. A License Partner may be eligible to receive an award under the 2024 Awards Program, provided such License Partner’s shop is in full compliance with all material terms of its respective License Agreement (including payment of all fees).

S. Any License Partner, brokerage manager, staff member, or Advisor who has not successfully completed LPT, SPT or Engage (if applicable) will be ineligible to receive any awards or recognition in the 2024 Awards Program.

T. The Awards Committee will make every effort to notify all License Partners of Elite level winners within their shops in advance or have the information available through their Regional Vice President contact, though it is not guaranteed a notice will be provided. Should any award recipient not want to be recognized for their distinction at any award level, they must notify the Awards Committee two weeks in advance of event.

U. Earned GCI and/or Earned Side(s) achieved by an Advisor no longer having “Active” status in the Engel & Völkers Americas World may not be transferred to another Advisor or Advisor Team within any shop.

V. Only Advisors holding the Engel & Völkers Development Services Designation will be eligible to receive the Engel & Völkers Project or Visionary Award. Applications for this

award will be distributed to all eligible Development Services Designees in December of 2024.

W. Specific Regulations Regarding Team Awards: In addition to all Eligibility Requirements, the following regulations shall apply for Advisor Teams under the 2024 Awards Program:

1. Any individual registered on an approved Advisor Team will be ineligible to receive an E&V TPA at the advisor level for Earned GCI and/or Earned Sides for the same calendar year.

2. All Advisor Teams must be registered prior to November 1, 2024, in order to be eligible for any team-based awards under the 2024 Awards Program.

3. Advisor Team registrations must be registered in Talent on Engel & Völkers World and approved by Engel & Völkers Americas prior to November 31, 2024.

4. Advisor Teams must maintain an active Engel & Völkers Advisor Team website and Engel & Völkers Advisor Team email address. All efforts to promote an Advisor Team using Engel & Völkers’ marketing tools and/or platforms as such must be in full compliance with any guidelines published by Engel & Völkers Americas, including but not limited to the Brand Identity Guidelines.

5. Any Earned Sides and/or Earned GCI from an individual who is a member of an approved Advisor Team and who does not remain a member of that Advisor Team (or the Engel & Völkers Americas system) as of December 31, 2024, will not be attributed to the Advisor Team’s overall production for calendar year 2024. Full dissolution of an Advisor Team prior to December 31, 2024, may result in all active Advisors on such dissolved Advisor Team being reverted to individual award eligibility status. Determination of reversion from Advisor Team status to Advisor Status is at the sole discretion of the Awards Committee.

6. Engel & Völkers reserves the right to audit all records pertaining to the formation of any registered Advisor Team within its system at any time. Engel & Völkers further reserves the right to disqualify any registered Advisor Team if such Advisor Team fails to adhere to any of the rules and regulations of the 2024 Awards Program, including but not limited to the Brand Identity Guidelines.

7. Individuals registered in Advisor Teams may be recognized in the E&V EC provided the License Partner of the shop of that Advisor Team distributes all Earned GCI and/or Earned Sides achieved by that Advisor Team among the Advisor Team’s members when initially entering transactions in Engel & Völkers Deals.

GLOSSARY OF TERMS

Advisor: Any licensed salesperson that holds an active real estate license with an approved and active Engel & Völkers real estate brokerage.

AdvisorTeam:Any group of two or more (our rule states a team must consist of at least 2 individuals) who collaborate on the closing of transactions for an Engel & Völkers Americas shop using specific marketing measures approved in advance by Engel & Völkers Americas to promote themselves as a team.

Awards Committee: The employees of Engel & Völkers Americas, Inc. and Engel & Völkers Canada Inc. who determine the winners of all awards under the 2024 Awards Program.

E&VEC:The Engel & Völkers Elite Club and all criteria outlining the administration of these distinctions, as stated on page 3 of this brochure.

E&V TPA: An Engel & Völkers Top Producer Award and all criteria outlining the administration of these awards, as stated on page 5 of this brochure.

Earned GCI: The total net commission earned for each real estate transaction closed by a shop, Advisor and/or Advisor Team, so long as such commission is properly entered and recorded in the Engel & Völkers Deals platform or approved by the Awards Committee as Verified Prior Production.

Earned Side(s): An Earned Side will be calculated if a transaction is properly entered and recorded in the Engel & Völkers Deals, or approved by the Awards Committee as Verified Prior Production, in accordance with the formulas set forth in Section P.

Eligible Advisor Participant(s): Any Advisor, or Advisor Team competing for any recognition under the 2024 Awards Program.

EligibleParticipant(s): Any shop, Advisor and/or Advisor Team competing for any recognition under the 2024 Awards Program.

Engel & Völkers Deals: The Engel & Völkers platform for entering and recording closed transactions.

Engage: The Engel & Völkers Certification Program for advisors

License Partner: Any individual identified in an Engel & Völkers Franchise Agreement as holding an equity share in the franchising entity.

LPT: Engel & Völkers Leadership Path Training for franchise owners and brokerage management.

PriorProduction:Any Earned GCI and/or Earned Sides entered into Deals within 30 days of advisors login for transactions

closed by an Eligible Participant within the 2024 Awards Program calendar year while not a member of the Engel & Völkers Americas network. Any transactions presented for consideration must have gone under contract (i.e., “pending close” or a similar status) or closed within the calendar year for eligibility as Prior Production; however, any monies received in 2024 for transactions which went under contract or closed prior to 2024 may be considered as Earned GCI for Prior Production so long as all criteria to verify such production can be provided on demand if requested by the Awards Committee, who, in its sole discretion, determines that such monies did not warrant any fees due to Engel & Völkers Americas.

Sales Volume: The total dollar value amount (unadjusted for any currency fluctuations throughout the calendar year) transacted in real estate and identified as “Sales Volume” in the Engel & Völkers Deals.

SpecialTransactions: Transactions that are:

a. Identified in the Engel & Völkers Deals with a category of “Letting”, “Valuation”, “Developments”, “Consulting,” and/ or “Miscellaneous”, or;

b. Transactions submitted for consideration as Prior Production which are categorically similar to those defined in (a) above, or;

c. Any transactions that are not considered traditional residential resale real estate business

TeamSetupForm:The entry in Talent app required to establish a group of Advisors as an Advisor Team that must be submitted to and approved by Engel & Völkers Americas.

World: The Engel & Völkers Americas platform which serves as the database for determining active shops, Advisors, and/ or Advisor Teams within the Engel & Völkers Americas network.

THIRD PARTY AWARDS PROGRAMS

In addition to the 2024 Awards Program, we encourage Engel & Völkers Americas Inc. (“E&V”) and Engel & Völkers Canada Inc. License Partners and Advisors to participate in awards programs promoted by various industry organizations or publications (each a “Third Party” and collectively referred to as “Third Parties”). Criteria for these awards are set by the respective Third Party.

Should a Third Party offer network-wide award categories, E&V will conduct the submission provided it satisfies a given Third Party’s qualifying criteria.

In cases of individual categories for shops, Advisors, and/ or Advisor Teams, E&V will make every reasonable effort to submit the application on behalf of the respective shop, Advisor, and/or Advisor Team provided that all required data are available. E&V may require a shop, Advisor, or Advisor Team to reimburse E&V for application fees.

For any shop, Advisor, or Advisor Team submissions completed by E&V, E&V will verify all submission criteria based on transactions reported into Engel & Völkers Deals. E&V may also assist a shop, Advisor, or Advisor Team in verifying any submissions by a shop, Advisor, or Advisor Team.

A list of examples of such Third Parties, as well as a general timeframe for application submission deadlines (as published at this time) is outlined below:

Swanepoel Mega 1000 - BROKERAGES

Deadline: Early February Issue: May

RealTrends Verified Best Brokerages - BROKERAGES

Deadline: Early February Issue: May

REALTrends The Thousand - AGENTS

Deadline: Early April Issue: June

RealTrends Verified - AGENTS

Please note: Submission for REALTrends The Thousand also satisfies submission for this ranking. Deadline: Early April Issue: June

RISMedia Power Broker 1000 - BROKERAGES

Deadline: Mid February Issue: April

NAHREP Top 250 Latino Agents Awards - AGENTS

Deadline: Late February Issue: May

LGBTQ+ Real Estate Alliance Top Producers - AGENTS

Please note: Only LGBTQ+ Alliance members are eligible.

Deadline: Mid July Issue: September

AREAA A-List - AGENTS

Please note: Only AREAA members are eligible.

Deadline: Mid July Issue: September

Any awards program administered by E&V’s international affiliates.

Should E&V, or one of its shops, Advisors, or Advisor Teams be recognized under one of these Third Party’s publications, E&V will notify the winners and unless notified otherwise in advance , make every effort to promote its presence in these programs. This includes providing brokerage leadership/ advisors with localized press release templates to help further promote, as well as featuring the recognitionin the Engel & Völkers Americas newsletter and multinational social media channels.

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