SP200 Nomination and Research Process
First Round: Organization
To be considered for the SP200, leaders usually work for organizations that meet the following criteria (as a meaningful cut-off, not a non-starter):
Brokerage companies with at least $2.5 billion in annual sales, 10,000 annual transactions or 500 agents.
Technology companies with at least 1,000 broker clients, 50,000 licensed agent users, $30 million in revenue, 100 employees, $20 million in funding or have two or more enterprise client relationships (national franchise, qualifying association).
Organizations with at least 100,000 members as a state association, 20,000 members as a local association or 40,000 members as an MLS organization.
Second Round: Present Activities
During this round we review each nomination and, when available, evaluate the following information:
The office he or she currently holds and the decision-making power of said office.
His or her tenure in the industry.
The size of the individual’s organization (sales volume, offices, agent count, number of clients, etc.).
The financial resources of the organization.
The organization’s significance and impact in the residential real estate brokerage industry.
Activities, acquisitions or other initiatives the individual led or was involved in during the last year.
Other industry-wide activities, such as association board of directors.
The individual’s personal power and influence outside his or her organization.
Third Round: Future Impact
We consider initiatives, planned or managed, by this individual realistically ex-pected to occur in the foreseeable future. We try to ascertain the significance of these future actions. We also, in part, acknowledge appointments, promo-tions and/or retirements announced that will occur in the future.