Just released in the Cherokee Scout Newspaper, the announcement of the Mountain Lakes Board of Realtors 2007 Million Dollar Club achievers! Congratulations to everyone who reached their goals in 2007.
It is folks like these who make valuable contributions to our community and economy. Many of the agents in this class and production level donate their time and money to things like the Mountain Lakes Board Scholarship which is given to outstanding students in areas our Board services to help offset the cost of loans.
When the Million Dollar Club winners are calculated based on production, it is done by sides involved. For example, if a $100,000 home is sold, the "listing agent" would only be allotted $50,000 toward his production level if another agent sold it. If the "listing agent" also worked with the buyer, the full $100,000 would be allotted toward their production. A minimum of $1,000,000 in production is required for that club and $750,000 in production to be awarded the Diamond Club award. Some folks have the misconception it is how much money that person made last year, and I can assure you it is not how much money that person made.
Again, congratulations to all of our Realtors who achieved a spectacular level of production and professionalism.