• 2025 OFFICIAL PINNACLE AWARDS APPLICATION

    The deadline to submit nominations if 5 p.m. Wednesday, April 15th.

  • REQUIREMENTS FOR THE PINNACLE AWARDS APPLICATION

    1. Any agent whose majority of income is derived from commissions, who is licensed by the Florida Real Estate Commission and who is a member in good standing of FGCAR may apply.
    2. Applicants must have produced and closed new real estate brokerage business of Two Million ($2,000,000.00) Dollars or more during the applicable awards year.
    3. All applications shall be submitted online ONLY.
    4. Along with a completed application, all Applicants must submit credit card payment for each basic entry/entries. The basic entry amount covers the Pinnacle Awards fees. Event tickets are not included in Pinnacle Application fees.

    RULES REGARDING MEMBER’S PROMOTION OF PINNACLE AWARD

    1. Recipients of the Pinnacle Awards are authorized to use the Pinnacle Award seal and insignia adopted by FGCAR for use on business cards, letterheads or other printed matter, only during the year in which they are recipients. The exception to this rule is if they include the year in which their award was received on all of their printed materials.
    2. Recipients of the Pinnacle Awards may promote their membership on business cards, letterhead or other printed matter as follows:

    Top Producer Awards for Regional & National Divisions (in each specialty):

    Industrial | Investment | Land | Office | Retail | Multi-Family

    Deal of the Year Awards (in each specitalty):

    Industrial | Investment | Land | Office | Retail | Multi-Family

    Overall Deal of the Year

    Member-to-Member Deal of the Year

    Most Number of Transactions

    Rookie of the Year

    Brokerage Company of the Year

    Multi-Million Dollar Producers

     MISCELLANEOUS

    1. For a transaction to qualify for Pinnacle Awards Volume credit, the real estate commission or fee paid must be reported on the transaction’s closing statement, lease, or in a valid commission agreement, with the exception of compensation as discussed in paragraph VI (3) (C).
    2. The Pinnacle Committee shall have the right to review, with any Applicant and Designated Broker, the documents relating to the Applicants’ application which are deemed relevant by the Pinnacle Committee. Any Applicant shall promptly cooperate with the Pinnacle Committee regarding such documents when requested to do so. If Applicant does not cooperate or provide substantiating evidence of transactions, the Pinnacle Committee may take actions to dismiss an application as deemed necessary.

  • NATIONAL DIVISION

    FGCAR member-applicant from firms which have additional offices nationally or regionally beyond the 7-county FGCAR membership area. This includes firms that are members of national networks and/or have national affiliations even though they are locally-owned. 

    REGIONAL DIVISION

    FGCAR member-applicant whose firm is located solely in the 7-county FGCAR membership area and does not receive commercial transaction referrals from affiliated businesses outside of the membership area.
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                            Application Fee & Top Producer AwardsOne fee per applicant
                            $50.00
                              
                            Deal of the Year - IndustrialAll submittals for Deal of the Year are eligible for Overall Deal of the Year chosen by a Special Awards Committee. Overall Deal of the Year award will be judged by a sub-committee of senior members of the FGCAR membership in a blind evaluation of the deal.
                            $25.00
                              
                            Deal of the Year - InvestmentAll submittals for Deal of the Year are eligible for Overall Deal of the Year chosen by a Special Awards Committee. Overall Deal of the Year award will be judged by a sub-committee of senior members of the FGCAR membership in a blind evaluation of the deal.
                            $25.00
                              
                            Deal of the Year - LandAll submittals for Deal of the Year are eligible for Overall Deal of the Year chosen by a Special Awards Committee. Overall Deal of the Year award will be judged by a sub-committee of senior members of the FGCAR membership in a blind evaluation of the deal.
                            $25.00
                              
                            Deal of the Year - OfficeAll submittals for Deal of the Year are eligible for Overall Deal of the Year chosen by a Special Awards Committee. Overall Deal of the Year award will be judged by a sub-committee of senior members of the FGCAR membership in a blind evaluation of the deal.
                            $25.00
                              
                            Deal of the Year - RetailAll submittals for Deal of the Year are eligible for Overall Deal of the Year chosen by a Special Awards Committee. Overall Deal of the Year award will be judged by a sub-committee of senior members of the FGCAR membership in a blind evaluation of the deal.
                            $25.00
                              
                            Deal of the Year - Multi FamilyAll submittals for Deal of the Year are eligible for Overall Deal of the Year chosen by a Special Awards Committee. Overall Deal of the Year award will be judged by a sub-committee of senior members of the FGCAR membership in a blind evaluation of the deal.
                            $25.00
                              
                            Most Number of Transactions
                            $25.00
                              
                            Rookie of the Year
                            $25.00
                              
                            Member to Member Deal of the YearA minimum 500-word narrative from both Parties involved in the deal required. All FGCAR and Alliance Members eligible.
                            $25.00
                              
                            Brokerage Company of the YearThis Brokerage Company Award shall go to a FGCAR brokerage firm in recognition of superior brokerage leadership, education, ethics, deal volume and commitment to the Tampa Bay community. All applicants should provide a written narrative on why the firm should be recognized as the Brokerage Firm of the Year.
                            $25.00
                              
                            Multi-Million Dollar Producer
                            $25.00
                              
                            Total
                            $0.00

                            Credit Card
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                          • ALL PINNACLE AWARD APPLICANTS

                          • SPECIFIC INFORMATION FOR TOP PRODUCERS AWARDS:

                            LAND: A Pinnacle Awards applicant may credit value for unimproved land to its particular area of specialization, provided it is consistent with that specialization. Example: sale of 20 acres of vacant land for the purpose of developing an industrial warehouse could be entered in Industrial Specialty category, provided the applicant area of specialization is “Industrial”.

                            GENERAL BROKERAGE: To qualify for General Brokerage, a member must submit transactions in a minimum of three (3) of the five categories (Industrial – Investment – Land – Office –  Retail) see Exhibit “D”. The applicant must fill-in each transaction in the appropriate tabbed Category and cannot designate his/her transactions simply as “General Brokerage”.

                            OVERALL TOP PRODUCER:  The Top Producers named above from both National and Regional Divisions  who have produced the highest volume for the applicable calendar year shall be recognized as the Top Producer of the Pinnacle Awards for FGCAR.

                            • General Rules for Calculating Pinnacle Awards Volume Credit 
                              1. The effective date for applicable transaction must be during the 2025 calendar year.
                              2. Full credit will be allowed in the calendar year of the closing of a transaction in which an installment commission is paid, but only credited one time per transaction.
                              3. Pinnacle Awards Volume credit shall be given only for an applicant acting in a transaction as a salesperson (as opposed to acting as a managing broker, owner, or company).
                              4. No Pinnacle Awards Volume credit shall be allowed for any transaction in which a fee is collected and such fee is not contingent upon the actual closing of the transaction.
                              5. No Pinnacle Awards Volume credit shall be allowed for any transaction for which the commission or brokerage fee paid is not reflected on a closing statement, lease agreement or valid listing agreement, except as discussed in paragraph 3C (2) hereafter.
                              6. In order to be eligible for the Pinnacle Awards, an Applicant’s Pinnacle Awards Volume must be 100% commercial. A residential transaction is defined as follows: “a transaction involving any improved property zoned residential, at closing, which contains four or less units”.
                              7. The Effective Credit Date for sales transactions shall be the date on which title is passed. The Effective Credit Date for lease transactions shall be the date of occupancy, the date the first rental payment was made or the date the commission was paid, whichever date comes first.
                              8. If more than one individual within the Applicant’s company actively participated in any sale or lease, the Pinnacle Awards Volume credit allowed shall be the same proportion as the percentage of the commission or fee paid to the individuals. Credit for referral fees shall be deducted from the Pinnacle Awards Volume credit of the Applicant.
                              9. If more than one brokerage company participates in any one sale or lease, the Pinnacle Awards Volume credit for each company will be recorded as a 50/50 split, regardless of how the commission fees were paid.
                              10. In the event of an exchange or in the event there is no fixed or stipulated sales price (as in the case of an exchange), then the value used to determine the commission shall be the value used to calculate the Pinnacle Awards Volume.
                              11. If an Applicant sells shares or ownership in a property (or in partnership, corporation or co-tenancy owned property) through syndication, then the Pinnacle Awards Volume credit shall be calculated by multiplying the percentage interest of the entity sold by the total sales price of the entity sold.
                              12. For investment property transactions completed by Applicants declaring Office, Land, Industrial or Retail specialties, the broker shall have the option to include such investment sales in their Specialty volume, so long as the non-investment sales volume in that specialty is at least 25% of the total volume for that specialty category.
                            • Rules for Calculating Pinnacle Awards Volume Credit for Sales 

                            • The amount of the sales price shall be credited or in the event there is no fixed or stipulated sales price (as in the case of an exchange), then the volume used to determine the commission shall be the Pinnacle Awards Volume.

                            • Rules for Calculating Pinnacle Awards Volume Credit for Leases: 
                              1. The amount of the gross aggregate rental scheduled to be paid in the original term of the lease (the “Gross Aggregate Rental Amount”) which is the basis for the commission shall be the Pinnacle Awards Volume for said lease. Credit shall also be allowed for expansions or renewals, except that said credit shall be allowed only upon actual expansions or renewals that take effect during the calendar year.
                              2. If a lease contains an option to purchase, the amount of the Gross Aggregate Rental Amount used for Pinnacle Awards Volume credit shall be subject to the following:
                                1. If the option to purchase is exercised during the term of the lease, then additional credit may be claimed in the year of closing if the purchase price is greater than the credit previously claimed. Such additional credit shall be limited to the difference, if any, between the purchase price and the credit previously claimed after adjusting to the extent of the volume remaining in the unexpired term of the lease.
                                2. If an option to purchase is exercised after the expiration of the lease term, then the amount of the purchase price may be claimed as full credit in the year of closing.
                                3. If a lease provides that either the landlord or the tenant, or both, may terminate the lease prior to the stated expiration date, the credit allowed shall be limited to the first date either (or both) parties have the right to terminate. If, however, the termination does not take effect, the Applicant may use the remaining full term of the lease for credit in the year such right to terminate is not exercised. If a lease contains more than one option to terminate, such period shall be treated in the same manner.

                              CLARIFICATION FOR CALCULATIONS OF PINNACLE AWARD VOLUME ON CO-BROKERED LEASE TRANSACTIONS.

                              DEFINITION -A-

                              A Co-broker lease shall be any transaction that discloses in the lease document or commission agreement that two (2) or more producers are being paid a contingent brokerage commission. 

                              Example: A transaction involving a landlord’s representative and a tenant’s representative who are both disclosed as being paid a commission.

                              DEFINITION -B-

                              A “Direct” lease shall be any transaction with disclosure in the lease document or commission agreement for payment of a contingent brokerage commission to only one (1) producer. 

                              Example: A tenant representative brokers a lease directly with the landlord or landlord’s representative (not disclosed for payment of commission). Another example would be a landlord’s representative (disclosed for payment of commission) who makes a lease directly with a tenant who is not represented by a broker.

                              PINNACLE AWARDS CO-BROKERD CALCULATIONS:  In the event of a “co-broker” transaction, the Pinnacle Award’s Volume credit for each lease producer shall be recorded as a 50/50 split REGARDLESS of how the commission fees were paid.

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                            • *** GENERAL BROKERAGE
                              To qualify for General Brokerage, a member must submit transactions in a minimum of three (3) categories (Industrial – Investment – Land – Office – Retail). The applicant must fill-in each transaction in the appropriate tabbed Category and cannot designate his/her transactions simply as “General Brokerage”.

                          • Special Categories - Most Number of Transactions

                          • Special Categories - Rookie of the Year

                          • Summary of Transactions

                            *All submittals for Deal of the Year are eligible for Overall Deal of the Year chosen by a Special Awards Committee.  Overall Deal of the Year award will be judged by a sub-committee of senior members of the FGCAR membership in a blind evaluation of the deal.

                          • SUMMARY OF TRANSACTIONS - INDUSTRIAL

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                          • SUMMARY OF TRANSACTIONS - INVESTMENT

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                          • SUMMARY OF TRANSACTIONS - LAND

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                          • SUMMARY OF TRANSACTIONS - OFFICE

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                          • SUMMARY OF TRANSACTIONS - RETAIL

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                          • SUMMARY OF TRANSACTIONS - MULTI FAMILY

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                          • DEAL OF THE YEAR ENTRY FORM - INDUSTRIAL

                          • DEAL OF THE YEAR ENTRY FORM - LAND

                          • DEAL OF THE YEAR ENTRY FORM - INVESTMENT

                          • DEAL OF THE YEAR ENTRY FORM - OFFICE

                          • DEAL OF THE YEAR ENTRY FORM - RETAIL

                          • DEAL OF THE YEAR ENTRY FORM - MULTI FAMILY

                          • HEARTBREAKER DEAL OF THE YEAR

                          • REFER TO PRINCIPALS AS “BUYER’, “SELLER”, ETC. IN PLACE OF ACTUAL NAMES. Try to limit it to a reasonable number of pages since every document is reviewed by the Pinnacles Process Committee.

                          • MEMBER-TO-MEMBER DEAL OF THE YEAR

                            Open to all Broker and Alliance Members – A complete and detailed narrative of at least 250 words is required from both parties involved in the deal.

                          • BROKERAGE COMPANY OF THE YEAR

                            This award shall go to a FGCAR brokerage firm in recognition of superior brokerage leadership, education, ethics, deal volume and commitment to the Tampa Bay community. All applicants should provide a written narrative on why the firm should be recognized as the Brokerage Firm of the Year.  Narratives shall not exceed 500 words.
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                          • LETTER OF CERTIFICATION

                          • Should be Empty: