SALES AWARDS FAQS

All CAR MRED subscribers, including designated REALTORS® and secondary members, qualify for residential category awards. Your membership must be active and in good standing as of the data pull deadline. We pull all data automatically from the MLS. If you are a primary or secondary member of CAR in good standing, your data will be included in the pull. From there, we tabulate the results. All data MUST be in the MLS – we cannot count off-MLS deals UNLESS they are entered into the MLS as status COMP-CLSD. The final data pull from MRED will occur on January 6, 2023. 

All CAR members and CommercialForum subscribers may apply for commercial awards. The deadline for commercial applications is January 6, 2023 at midnight. Learn more. 

You will receive an email from CAR in late January/early February notifying you of your Top Producer status. Notification emails will be sent to the preferred email on file in your member profile. If you have opted out of emails from CAR, you will not receive the notification. You may opt back in for future notifications here. 

Please keep in mind: thresholds may change each year pending annual overall member production. The thresholds are determined for the year by the number of transactions sold and volume of real estate sold by the overall membership of the association.

The threshold to qualify for recognition in the 2022 Sales Awards for both individuals and teams are the same: minimum is $11.5 mil in volume and/or 27 units. Rentals and commercial are separate categories. The 2022 rental recognition threshold is 80 units.

Again, thresholds are subject to change each year pending overall member production.  

We are no longer doing a Top Producer/Top 1% Producer split. Those who are in a “medaled” category (Platinum, Gold, Silver, Bronze) will get logos with that designation following the Sales Award event. Those levels will be unveiled the night of the event and published in the Sales Awards issue of Chicago REALTOR® Magazine.

Only the primary listing agent shown in MRED receives Sales Awards credit for the transaction. Transaction credit is not awarded more than once and cannot be split. Transactions listed in MRED as teams will be recognized as teams – get more information on teams. 

No. Residential and commercial are separated into their own categories. Residential data is pulled from the MLS; commercial awards are applied for. 

Qualifying residential properties include types 1, 2 and 3. All properties must be in MRED at the time of the pull. We do not count non-MLS transactions for residential awards unless they are entered into the MLS using the Comparable Sales feature with the status COMP-CLSD.

Any non-MLS transactions may only be counted if they are entered into the MLS using the Comparable Sales Feature with the status COMP-CLSD by the data verification deadline. No properties are able to be manually counted or added in after the data pull.  

Qualifying commercial properties include: Multi-Family 5+, Office/Tech, Bus/Bus w/Real Est, Retail/Stores, Mixed Use, Instut/ToDevelop, Industrial, Cross Property (Comm). You must apply separately for the commercial awards and submit evidence of your commercial-specific production. 

Properties that closed between 1/1/22 and 12/31/22. If a property is pending but doesn’t close until after 12/31/22, it will not be eligible until the following year.

All properties that are in MRED are eligible. You are not restricted strictly to “Chicago” properties. 

The threshold to qualify for recognition in the 2022 Sales Awards will not be known until after the data pull on January 6, 2023. The thresholds are determined for the year by the number of transactions sold and volume of real estate sold by the overall membership of the association.

As a reference, the minimum transaction sides/units to qualify for Top Producer status in 2021 was 32. This threshold is subject to change every year pending overall production.

The Sales Awards Recognition Reception will be held in the spring of 2023. Depending on your sales volume and/or numbers of units, you may be recognized: 

• in the Chicago REALTOR® Magazine special Sales Awards edition, 
• on-screen during the Sales Awards Reception, 
• on stage during the Sales Awards presentations, or 
• a combination of all three. 

You will be notified prior to the event via your preferred email address in your member profile regarding which manner you will be recognized. 

Residential property sales must appear in the MRED system by the data verification deadline in order to qualify. For Sale by Owner transactions (FSBOs) do not qualify unless entered into the MLS using the Comparable Sales Feature and reflect status COMP-CLSD. There are no exceptions to this. 

We are unable to manually add in any transactions following the verification deadline. 

Contact MRED Rules and Regulations at (630) 955-0011. Adjustments to sales totals will not be accepted after the January 6, 2023 deadline. Do not wait until the last minute – there are no exceptions to this! 

Click here for instructions on how to verify your data.

A task force is being developed to look at possible options for changes to team awards.  Because we are well into the year, no change to team awards will occur for the 2022 year.  If the task force determines that we will change the team award categories, all members will be notified so that you can properly plan ahead. Learn more about teams. 

We are no longer doing a Top Producer/Top 1% Producer split. Those who are in a “medaled” category (Platinum, Gold, Silver, Bronze) will get logos with that designation following the Sales Award event. Those levels will be unveiled the night of the event and published in the Sales Awards issue of Chicago REALTOR® Magazine.

Unfortunately, we don’t keep easily searchable records, so there’s no way for us to pull this information. You’re welcome to look back through past CR Magazines to find your name and where you ranked.  

Unfortunately, we don’t keep easily searchable records, so there’s no way for us to pull this information. You’re welcome to look back through past CR Magazines to find your name and where you ranked. 

These are Sales Awards for recognition by the Association – they are not intended for a top down ranking. Even for our medaled categories, we do not include who was #1 as we are recognizing the achievement of the category and award itself. 

There are other platforms like the MLS Reports or Broker Metrics that could provide the information you are looking for. But as it relates to the spirit of CAR Sales Awards, it is not a ranking system but recognition of your achievement as a Top Producer.