Real estate challenge Remax

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Real estate challenge Remax
RESULTS – REAL ESTATE CHALLENGE
AS AT FEBRUARY 28, 2014
Rank
Realtor’s office
Agency
number
CATEGORY
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
RE/MAX 1er Choix 2003 Inc. (Marais)
RE/MAX Royal Jordan Inc. - Pointe-Claire
RE/MAX 3000 Inc.
RE/MAX T.M.S. Inc. (Ste-Thérèse)
RE/MAX Avantages Inc. (Charny)
RE/MAX Alliance Inc-(St-Léonard)
RE/MAX Référence 2000
RE/MAX Extra Inc.
RE/MAX du Cartier Inc. / St-Joseph (Plateau)
RE/MAX Fortin Delage Inc.
RE/MAX Signature Inc. (Boucherville)
RE/MAX du Cartier Inc. / Outremont
RE/MAX Professionnel (Granby)
RE/MAX 1er Choix Inc. (Québec)
RE/MAX Harmonie Inc.
RE/MAX de Francheville - Trois Rivières
RE/MAX Vision 1990 Inc. (Gatineau)
RE/MAX Imagine Inc.(St-Charles, Long)
RE/MAX D'abord (Sherbrooke)
RE/MAX Ambiance Inc.
RE/MAX 2001 Inc.(Curé Labelle)
RE/MAX des Mille Iles Inc. (Terrebonne)
RE/MAX 2000 Inc. (De L'Avenir)
RE/MAX Royal Jordan Inc. - Beaconsfield
RE/MAX Action 1992 Inc.(Lasalle)
RE/MAX Alliance Inc. (Rosemont)
RE/MAX Platine Inc. (Brossard)
RE/MAX Performance Inc. (St-Lambert)
RE/MAX MCGill
RE/MAX Accès / Jules Verne,Ste Foy
RE/MAX 1er Choix Inc. (Sillery,Maguire)
RE/MAX du Cartier Inc./St-Laurent (Villeray)
122
116
338
26
213
347
194
166
308
38
227
66
154
223
348
45
178
51
228
54
135
63
30
120
140
53
129
323
356
201
68
342
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
RE/MAX Excellence Inc.
RE/MAX Platine Inc. (St-Constant)
RE/MAX Invest
RE/MAX Unis Inc.
RE/MAX des Mille Iles Inc. (Lachenaie)
RE/MAX Immobilia Inc.
RE/MAX Lanaudière Inc.(St-Charles Borromée)
RE/MAX Capitale 1983 Inc. (Charlesbourg)
RE/MAX Laurentides ( St Sauveur)
RE/MAX Vision 1990 Inc. (Hull)
RE/MAX Plus Inc.(Chambly)
RE/MAX Cité Inc.
RE/MAX V.R.P. Inc.
RE/MAX Bois-Francs Inc. (Victoriaville)
RE/MAX Platine Inc. (Laprairie)
RE/MAX Royal Jordan Inc. - Vaudreuil Dorion
RE/MAX du Haut Richelieu Inc.
RE/MAX Avant Tout Inc.Rimouski
RE/MAX Défi 1996 (Salaberry de Valleyfield)
RE/MAX 2000 Inc. (Curé Labelle)
RE/MAX de l'Avenir Inc.(St-Georges, St-Jerome)
RE/MAX des Mille Iles Inc. (Mascouche)
RE/MAX Futur Inc.
RE/MAX 1er Choix Inc. (Ste-Foy, rue St-Louis)
RE/MAX D'abord (Magog)
RE/MAX Actif Inc.
82
160
329
43
918
168
126
47
208
301
200
44
21
80
362
330
190
339
134
361
125
366
83
343
311
222
B
B
B
B
B
B
B
B
B
B
B
B
B
B
B
B
B
B
B
B
B
B
B
B
B
B
27
28
29
30
31
32
33
34
35
RE/MAX Royal Jordan Inc. - Ile Perrot
RE/MAX Privilège Inc.
RE/MAX Action /Westmount
RE/MAX Direct Inc.
RE/MAX du Cartier Inc. (Ville Mont Royal)
RE/MAX Imagine Inc. (CH.Du Tremblay, Long.)
RE/MAX Immo-Contact Inc.
RE/MAX T.M.S. Inc. (Blainville)
RE/MAX Accès / L'ormière, Québec
23
70
64
315
305
368
24
198
128
B
B
B
B
B
B
B
B
B
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
RE/MAX Sélection ( Lachute)
RE/MAX Drummondville Inc.
RE/MAX Capitale 1983 Inc. (rue Bardy)
RE/MAX de Francheville - Shawinigan
RE/MAX Vision 1990 Inc. (Petite Nation)
RE/MAX Dynamique
RE/MAX Royal Jordan Inc. - St Lazare
RE/MAX Cadibec Inc.
RE/MAX des Sommets
RE/MAX Haute Performance
RE/MAX Impact Inc.
RE/MAX Distinction
RE/MAX Action / NDG
RE/MAX Différence Inc.
RE/MAX 2001 Inc. (Ste-Dorothée)
303
56
345
40
357
352
119
20
29
327
214
365
998
367
349
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
RE/MAX 2001 Inc. (Ste-Rose)
RE/MAX Énergie (Chicoutimi)
RE/MAX Élégance
RE/MAX Outaouais Centre Inc.
RE/MAX Harricana
RE/MAX Immobilier Plus
RE/MAX Innovation
RE/MAX Mont-Laurier
RE/MAX Platine Inc. (Candiac)
RE/MAX Professionnel (Bromont)
RE/MAX Professionnel (Dunham)
RE/MAX Professionnel (Frelighsburg)
RE/MAX Professionnel (Lac Brome)
RE/MAX Professionnel (Sutton)
RE/MAX Royal Jordan Inc.- Lachine
RE/MAX Professionnel (Cowansville)
RE/MAX Tremblant Inc.(Tremblant)
RE/MAX des Mille Iles Inc. (St-Lin Laurentides)
RE/MAX Synergie Inc. (Sorel)
RE/MAX T.M.S. Inc. (Lorraine)
RE/MAX 2001 Inc. (Laval Ouest)
RE/MAX Tremblant Inc.(Tremblant)
314
319
229
139
141
326
363
300
372
211
371
364
324
353
52
145
31
304
373
197
328
31
D
D
D
D
D
D
D
D
D
D
D
D
D
D
D
D
D
D
D
D
D
D
Competition Rules
"The National Bank Real Estate Challenge- RE/MAX"
1.
The National Bank Real Estate Challenge-RE/MAX (the "Challenge") is organized by National Bank of
Canada (the "Organizer") and will run in Quebec from February 1, 2014 to July 31, 2014 at 11:59:59 p.m.
Eastern Time (the "Challenge Period").
2.
ELIGIBILITY
The Challenge is open to any real estate brokerage operating under the RE/MAX banner (the "Brokerage"). The
Challenge is a competition among all Brokerages operating under the RE/MAX banner.
3.
HOW TO PARTICIPATE
During the Challenge Period, each Brokerage will be assigned to a category according to its volume of
controllable sales1, as determined by the banner for 2014, so that all Brokerages operating under the banner
can compete on a fair footing. The four categories are:
Category A: $100 million and over
Category B: $50 million to $99.9 million
Category C: $25 million to $49.9 million
Category D: Under $24.9 million
For a file to be eligible for the Challenge, the following conditions must be met:
a) The real estate brokers in the Brokerage must refer their clients to National Bank to obtain mortgage
financing2 from the Bank.
b) Any files approved with no conditions, except for the signing of the deed of sale, will be included in the
Challenge.
4.
DETERMINING THE WINNERS
The Challenge winners will be determined on August 28, 2014 at 2:00 p.m. (ET).
There will be one winning Brokerage per category. The winning Brokerage will be determined as follows:
For Brokerages whose market share rate is below the target set3 on February 1: the Brokerage with the largest
increase in its market share rate4 between the start5 and the end of the Challenge.
OR
For Brokerages whose market share rate is above the target set on February 1: the Brokerage with the largest
increase calculated as the difference between the target and its market share rate at the end of the Challenge.
5.
PRIZES
There are a total of four (4) prizes available to be won, namely one (1) prize awarded to a Brokerage in each
category:
o The winning Brokerage in Category A will be awarded an amount of four thousand five hundred
Canadian dollars (CDN $4,500).
o The winning Brokerage in Category B will be awarded an amount of three thousand Canadian dollars
(CDN $3,000).
o The winning Brokerage in Category C will be awarded an amount of one thousand five hundred
Canadian dollars (CDN $1,500).
1
A controllable sale is a real estate transaction for which the real estate broker involved can control whether the buyer is
referred to National Bank.
2
Subject to credit approval by National Bank of Canada.
3
The market share rate target will be set by the banner and National Bank and then announced in early February 2014.
4
Market share rate: Percentage of a Brokerage's files held by National Bank in relation to the Brokerage's total number of
files.
5
The market share rate at the start of the Challenge will be set as follows: the Brokerage's approved files with no
conditions divided by its controllable sales between November 1, 2013 and January 31, 2014. The starting rate will be
announced in February 2014.
o The winning Brokerage in Category D will be awarded an amount of one thousand Canadian dollars
(CDN $1,000).
Terms and conditions for prizes:
o Each prize must be reinvested in a team activity involving the winning Brokerage, Mortgage
Development Manager(s) (a National Bank employee who is a mortgage specialist working together with
a designated brokerage) and the Sales Manager – Specialized Networks (the manager of the Mortgage
Development Manager).
o The activity will be determined jointly by the Brokerage and National Bank.
o Only the real estate brokers in the winning Brokerage who have sent National Bank at least one (1) file
that has been approved with no conditions during the Challenge Period will be eligible to participate in
the activity6.
6.
CHANCES OF WINNING
The chances of winning depend on the category to which each Brokerage is assigned and the changes in the
market share rates of the Brokerages in each category during the Challenge Period.
GENERAL TERMS AND CONDITIONS
7.
To be declared a winner, each Brokerage selected for a prize must, through its authorized representative:
a) be able to be contacted by telephone by the Organizer within five (5) days of the date the winners are
determined;
b) complete and sign a Declaration and Liability Waiver Form (the "Waiver") that will be sent by the
Organizer, and return it to the Organizer within ten (10) days of its receipt.
8.
If a selected Brokerage fails to meet one of the above conditions or any other condition provided for in
these rules, it will be disqualified and, time permitting, a new winning Brokerage may be determined in
accordance with these rules until such time as a Brokerage is selected and declared the winner.
9.
Within five (5) days of receiving the Waiver duly completed and signed by the authorized representative,
the Organizer will send an e-mail to the authorized representative of any winner to explain the procedure
for claiming the prize.
10. Mortgage referrals and Waivers are subject to verification by the Organizer. Any referral or Waiver that is
incomplete, fraudulent or late, does not allow the Organizer to identify the Brokerage or real estate broker,
or is otherwise not in compliance with these rules, will be rejected, in which case it will not qualify,
depending on the case, as an entry or for a prize.
11. All decisions by the Organizer or its representatives regarding the Challenge are final and without appeal,
subject to any decision by the Régie des alcools, des courses et des jeux du Québec, for Quebec
residents, on any matter over which it has jurisdiction.
12. The Organizer reserves the right to disqualify any Brokerage or cancel one or more mortgage referrals of
any Brokerage or real estate broker in such Brokerage who enters or attempts to enter the Challenge in a
manner that is contrary to these rules or that is unfair to the other participants. Said Brokerage or real
estate broker may be referred to the competent judicial authorities.
13. The prizes must be accepted as described in these rules and may not be transferred to another Brokerage,
substituted for another prize or exchanged in whole or in part for cash, subject to these rules.
14. In the event that, for reasons not related to the winner, the Organizer is unable to award a prize or a portion
thereof as described in these rules, the Organizer reserves the right to award another prize or a portion
thereof of a similar nature and of equal value or, at its sole discretion, to award the cash value of a prize
indicated in these rules.
15. The selected Brokerages hold the Organizer, its advertising and promotion agencies, their employees,
agents, mandataries and representatives harmless from any and all liability for any damage they may incur
as a result of the acceptance or use of the prize, notably any tax impact. In order to be declared a winner
and prior to receiving the prize, each selected Brokerage undertakes, through its authorized representative,
to sign the Waiver to that effect. The Waiver must also be signed by all real estate brokers in the Brokerage
so that they may take part in the proposed activity.
6
Some exceptions may apply.
16. All selected Brokerages acknowledge that as of receipt of the letter confirming their prize, the performance
of the services related to the prize will become the sole and complete responsibility of the various service or
prize providers. To be declared a winner and prior to taking possession of the prize, each selected
Brokerage undertakes to sign a declaration to that effect contained in the Waiver.
17. Subject to approval, if required, from the Régie des alcools, des courses et des jeux du Québec, for
residents of Quebec, the Organizer reserves the right at all times, at its sole discretion, to cancel, terminate,
modify or suspend the Challenge, in whole or in part, if any event or human intervention occurs that could
corrupt or affect the administration, security, impartiality or conduct of the Challenge as provided for in
these rules. Under no circumstances may the Organizer, its subsidiaries, advertising and promotion
agencies, suppliers of prizes, materials and services related to the Challenge, as well as their employees,
agents, mandataries and representatives be required to award more prizes than provided for in these rules
or to award prizes otherwise than in accordance with these rules.
18. The Organizer, its advertising and promotion agencies, as well as their respective employees, agents,
mandataries and representatives may not be held liable for any malfunction of any computer hardware,
software or communication line resulting in the loss or lack of network connection or any faulty, incomplete,
incomprehensible or deleted transmission by any computer or network that could limit or prevent any
person from entering the Challenge. Furthermore, the Organizer, its advertising and promotion agencies,
employees, agents, mandataries and representatives may not be held liable for any damage or loss that
may be caused, directly or indirectly, in whole or in part, as a result of downloading an Internet page or
software or transmitting information for the purposes of participating in the Challenge.
19. By entering the Challenge, the winning Brokerages, through their authorized representatives and real
estate brokers, authorize the Organizer and its representatives to use, if required, their name, photograph,
likeness, logo, statements about the prize, place of residence or voice for advertising purposes, without
compensation of any kind. A declaration to that effect will be contained in the Waiver, which must also be
signed by any real estate broker who wishes to take part in the activity.
20. By participating or attempting to participate in the Challenge, all Brokerages, through their authorized
representatives, as well as their real estate brokers agree to release the Organizer, its subsidiaries,
advertising and promotion agencies, employees, agents, mandataries and representatives from any and all
liability for any damage they may incur due to their participation or attempted participation in the Challenge.
21. Mortgage referrals and Waivers become the property of the Organizer and will under no circumstances be
given or returned to participating Brokerages.
22. Except for the Brokerages selected to receive a prize, there will be no communication with Brokerages.
23. For Quebec residents, any dispute respecting the conduct or organization of a publicity contest may be
submitted to the Régie des alcools, des courses et des jeux du Québec for a ruling. Any dispute respecting
the awarding of a prize may be submitted to the Régie solely for the purpose of helping the parties reach a
settlement.
24. By entering the Challenge, the Brokerages authorize the Organizer to use their business information
entered on the mortgage referrals, as necessary, for Challenge registration purposes.
25. For the purposes of these rules, the participating Brokerage is the Brokerage whose name appears on the
mortgage referrals. The prize will be remitted to that Brokerage, if it is selected and declared a winner.
26. In the event of discrepancies between the English and French versions of these rules, the French version
shall prevail.

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