Awards Rules

 

Homes Overseas Russian Awards (hereafter the Awards) is held with the aim of developing foreign property industry in Russia and ensuring its popularization; the Awards also creates an effective platform for communication of professionals and foster formation of high-quality standards.

In the course of the Awards the best developments and real estate agencies in the sphere of foreign property are defined and given the Homes Overseas Russian Awards.

The Awards is held in accordance with these Rules.

 

1. General statements

1.1. Organizer of the Awards

The Awards is organized by OOO “Homes Overseas”, founder of the internet-portal HomesOverseas.ru. The Organizer has an exclusive right to accept competition entries, define members of the Jury, and engage sponsors, information partners, suppliers of goods and services in behalf of the Awards.

 

1.2. Jury and Expert board.

Decisions related to selection of the winners and adjudging of the Awards shall be made by the Jury, the members of which are recognized experts in the sphere of foreign properties, internet-marketing, representatives of the Organizer and the sponsors. The Jury shall independently define criteria for Projects evaluation and decision-making procedure.

In case one of the Jury members is an employee of one of the nominated companies, such member of the Jury shall not have a voting right for the certain application.

The Jury shall have the right to request any additional information not stipulated by the Rules and the application form from the Applicants. Supplying of such information is not obligate but it can be taken the Jury into consideration.

As it may be required the Jury shall have the right to request the conclusion of independent market experts which are chosen by the Organizer and compose all together the Expert board of the Awards.

The Jury’s decisions are conclusive and shall not be subject to revision, no appeals shall be accepted.

 

1.3. Categories of the Awards

Applications for participation are accepted only in 2 main categories: “Best development” and “Best agency”.

 

1.4. Entry the Awards.

The applications for participation in the Awards shall start on 09.10.2017. The list of nominations, electronic form of the application, members of the Jury, as well as the present Rules shall be placed at the Awards’ website http://awards.homesoverseas.ru

To take part in the Awards, The Applicant should register on the Awards’ website with correct contacts; fill in the electronic form of Application in chosen category. By submitting an application to the Awards, the Applicant thereby expresses his full consent with the present Rules without any supplement terms and exceptions and the list of the Jury members. Applications can be submitted in Russian or in English.

When the application is submitted, the Organizer shall contact the Applicant by contacts indicated in the registration form during one working day. If the Application is made with significant omissions, the Organizer shall inform the Applicant about it. In this case the Applicant may correct his application until the end of Application period.  If the application is submitted correctly, the Organizer shall send to the Applicant the requirements for preparing a Presentation of the Applicant.

Presentation of the Applicant should be completed in accordance with requirements of the Awards and sent to the Organizer not later than 31.01.2018. Presentation is a necessary term for participation in the Awards. Non-providing of Presentation during dedicated dates can be a reason to refuse in participation in the Awards.

Applications received by the Organizer until 31.01.2018 shall be allowed to participate in the Awards. Upon the Organizer’s decision this deadline can be postponed, but for not more than 15.02.2018 inclusive.

The Organizer shall accept submitted Applications and Presentations of the Applicants until 07.02.2018 and send to the Jury’s examination. Application shall be sent to the Jury’s examination if the Applicant submits correctly the Application form and prepares the Presentation.

The Organizer reserves the right not to allow the Application to participate in the Awards in the following cases: 

  • if the Organizer after undertaking all reasonable efforts couldn’t contact the Applicant by the contacts from registration form.
  • if the Application is filed in incorrectly by 07.02.2018 or includes knowingly false information about the Applicant or is not submitted in Russian or English. The Organizer reserves the right to undertake any legal actions to verify the information submitted by the Applicant.
  • if the Applicant fails to provide the Organizer by 07.02.2018 with the copies of a required documents:

- For “Best development” category - construction license and a development plan approved by state authorities, translated into Russian or English and notarized.

-  For applicants that are the representatives of Developer – documents confirmed commitment from the Developer to apply in the Awards.

- For “Best real estate agency” category – incorporation certificate and requires licenses.

  • If the Applicant fails to provide his Presentation completed in accordance with requirements of the Awards by 07.02.2018.

The Application procedure is confidential, the Organizer of the Awards and Jury member have exceptional access to the information.

 

2. “Best development” category

2.1. Requirements to participants of the Awards.

Residential and commercial developments situated outside of the Russian Federation, either ready-built or at the stage of construction or designing, that have a documents confirming legal estate in the land, construction license and a development plan approved by state authorities and in which as of 31.01.2018 real estate is being sold (hereafter the Projects) can be nominated to the Awards in the category “Best Developments”.

The Project can be nominated to the Awards by a legal entity immediately implementing the Project, which possesses a construction license (hereafter the Developer), as well as any legal entity or individual specifically authorized by the Developer or having an agent or other agreement with the Developer.

The sponsoring companies cannot be Applicants in sponsored nominations.

 

2.2. Submitting of an application.

Applications in “Best development” category are accepted in accordance with clause 1.4. of these Rules by 31.01.2018.

While completing the application the Applicant should appropriate one of three categories to the submitted Project according to the actual construction stage of development at 31.01.2018.

  • Completed development
  • Under construction development
  • Off-plan development

If the Jury finds that the Applicant gives the information about construction stage incorrectly, the Jury shall have the right to qualify the project for participation in the final under the term to range it in another category.   

 

2.3. Holding of the competition and adjudging of the awards

Competition in “Best development” category is held in 2 stages.

Pre-selection stage.

From the Applications admitted for participation in the Awards by the Organizer, the Jury shall by 22.02.2018 inclusive choose the best Projects which shall get an invitation to the Finale of the Awards (hereafter – Finalist-Project). Not more than 5 projects from one country can become the Finalist-Projects.

For every Finalist-Project the Jury shall make the list with maximum 5 thematic nominations, participation in which can be recommended to the project in the Finale of the Awards.

Selection of Finalist-Projects and definition of recommended thematic nominations are executed by the collegial decision of the Jury at the base of examination of submitted application and presentation of the Project. 

Maximum 2 projects from one applicant can participate in the Finale of the Awards. If the Jury qualifies more projects than two, the applicant shall decide itself which 2 projects will participate in the Finale.

 

Final stage.

For participation in the Finale every Finalist-Project shall confirm its further participation by 13.03.2018 in the chosen thematic nomination from the recommended ones by the Jury and pay a standard organizational fee in accordance with clause 4 of these Rules. The Applicant has a right to participate in any number of thematic nominations, full list of which is published in the Awards website.

The list of Finalist-Projects confirmed their participation in the Awards is published in the website of the Awards: www.homesoverseas.ru/awards.

The Applicants of Finalist-Projects shall present all necessary additional documents for every thematic nomination in accordance with requirements of the Jury. Non-providing of additional documents cannot be the reason for rejection to participate in the Awards, but can be taken into consideration by the Jury during the adjudging of the Prizes.

The Jury shall define the winners in every thematic nomination as well as Grand-Prix winner by 18.04.2018. The Jury’s decisions shall be announced in the course of a Gala Dinner on 19.04.2018 and shall remain confidential until that time. The Prizes and Diplomas shall be handed out to their winners directly in the course of the Gala Dinner, and for participants who don’t have the possibility to present at the Gala Dinner – within 30 days thereafter.

The Jury’s voting report cannot be published in public sources but can be provided by the request of the Applicant or another concerned person.

 

2.4. Prizes of the Awards

The following prizes of Homes Overseas Russian Awards 2018 are established for “Best development” category:

  • For all Finalist-Projects  - Prize and Diploma of “Best development of the country in submitted category”  
  • For winners in thematic nominations – Prize and Diploma of “Best development in thematic nomination”
  • For Grand-Prix winner – Prize and Diploma of “Grand-Prix of Homes Overseas Russian Awards 2018”

During the Awards, Special Prizes for Nominees can be established. The Jury panel or any one member of the Jury independently, the Organizer, Sponsors and The Awards’ partners can be founders of such Prizes.

 

3. “Best agency” category

3.1. Requirements to participants in the Awards.

Companies officially registered outside of Russian Federation, which have an office in the country of their registration and provide agent services during more than 3 years (hereafter the Agency) can be nominated to the Awards in the category “Best agency”.

The Agency nominated to the Awards in the category “Best agency” and its employees should have all necessary certificates, at least one Russian speaking employee on the staff and Russian version of website.

The Agency can be nominated to the Awards only by the Agency itself.

The Agency which is the sponsor of the Awards cannot apply in nominations which are under its sponsoring.

 

3.2. Submitting of an application.

Applications in “Best agency” category are accepted in accordance with clause 1.4. of these Rules by 31.01.2018 in 2 nominations:

  • Best foreign real estate agency
  • Best foreign consulting agency  

The Applicant can apply only in one nomination by his choice.

The Applicants in “Best foreign real estate agency” nomination shall present the copy of license and all necessary certificates for providing realtor activity in the country of their registration while apply for participation in the Awards. Non-providing of these documents can be the reason for rejection to participate in the Awards except for cases when the legislation of the Applicant country allows realtor activity without any license.

 

3.3. Holding of the competition and adjudging of awards

Pre-selection stage

From the Applications admitted for participation in the Awards by the Organizer, the Jury shall by 13.03.2018 inclusive choose the best Agencies in every nomination but not more than 10 finalists in one nomination which become the Finalist-Agencies.

Selection of Finalist-Agencies is executed by the collegial decision of the Jury based on examination of completed application and submitted presentation of the Agency. 

 

Final stage

For participation in the Finale every Finalist-Agency shall confirm its further participation by 25.03.2018 and pay a standard organizational fee according to clause 4 of these Rules.

The list of Finalist-Agencies confirmed their participation in the Awards is published in the Awards website www.homesoverseas.ru/awards.

The following prizes are established for “Best agency” category:

  • For all finalists of the Awards:

Prize and Diploma “Recommended agency in country” of Homes Overseas Russian Awards 2018 

  • For winners of the Awards nominations:

Prize and Diploma «Best agency 2018 in the nomination»

The Jury shall make a decision about adjudging one of the awards to every finalist by 18.04.2018. The Jury’s decisions shall be announced in the course of a Gala Dinner on 19.04.2018 and shall remain confidential until that time. The Prizes and Diplomas shall be handed out to their winners directly in the course of the Gala Dinner, and for participants who don’t have the possibility to present at the Gala Dinner – within 30 days thereafter.

The Jury’s voting report cannot be published in public sources but can be provided by the request of the Applicant or another concerned person.

During the Awards, Special Prizes for Nominees can be established. The Jury panel or any one member of the Jury independently, the Organizer, Sponsors and The Awards’ partners can be founders of such Prizes.

 

4. Organizational fee.

4.1. “Best development” category.

The Applicant of the Finalist-Project shall pay a standard organizational fee to the Organizer by 13.03.2018 in the amount defined by the Organizer but not more than 1700 Euro for non-residents of the Russian Federation (VAT is not included) or its counter value in Rubles at internal rate of the Organizer for residents of the Russian Federation. 

Organizational fee includes participation of the Finalist-Project in one thematic nomination by the choice of the Applicant. The Applicant shall pay for every additional thematic nomination a supplement fee in the amount defined by the Organizer but not more than 450 Euro for non-residents of the Russian Federation (VAT is not included) or its counter value in Rubles at internal rate of the Organizer for residents of the Russian Federation. 

 

4.2. “Best agency” category.

The Applicant of the Finalist-Agency shall pay a standard organizational fee to the Organizer by 25.03.2018 in the amount defined by the Organizer but not more than 1200 Euro for non-residents of the Russian Federation (VAT is not included) or its counter value in Rubles at internal rate of the Organizer for residents of the Russian Federation.  Organizational fee includes participation of the Finalist-Agency in one nomination.

 

4.3. Deadlines for payment and additional terms

In case the finalist fails to pay the organizational fee by 16.03.2018 inclusive for “Best development” category and by 25.03.2018 inclusive for “Best agency” category, the Organizer shall have the right to refuse for participation in the Finale of the Awards.

The amount of the fee can be reduced according to the Organizer’s decision, or special fee amount can be established in case if one Applicant takes part in other events of the Organizer or the Awards Partners. In this case the Organizer publishes the information about the changing of fee amount or about special fee amount on the Awards’ website. Individual terms for participation in the Awards cannot be applied.

The payment of the organizational fee means that the information contained in the application or provided upon the Jury’s request shall be considered public and can be passed by the Organizer and members of the Jury to third parties or to general public without limitation including the publication on the Awards’ website and in the Awards’ catalogue.

 

5. Publishing of information in website of the Awards.

All information published in the website of the Awards http://awards.homesoverseas.ru/ on behalf of the Applicants is presented in the initial form without any guarantee of authenticity or actuality. The administration of the Awards website doesn’t take any responsibility for the information content by the links to outside websites published by the Applicants in their profiles.

The administration of the Awards website reserves the right to make stylistic changements in the information published in the Applicants profiles.