Philanthropy Realtors has opened up their books in time for tax season to reveal the amounts being given to charity per financial transaction. Philanthropy Realtors consists of a group of seasoned realtors nationwide that will give a percentage of their sale of a home or business to the charity of the seller’s choice.
Philanthropy recruits from all agencies both commercial and residential furthermore changing how realtors will be perceived in the future. Some of the charities working with Philanthropy include, Homes for Our Troops, Starlight Children’s Foundation, Getavision, LAPD, American Cinematheque, Learning Rights, and many more. The licensed realtors who are joining Philanthropy have been literally nation wide.
The chart shows that a home valued at $300,000 will get a minimum donation of $900 but up to $4500 depending on the agreement with the seller, the charity and the buying agent. In another example, a $2,000,000 commercial property can generate a minimum of $10,000 and up to $50,000. Donation amount is fully dependent on the sale of the property; there is no cap on the contribution formula.
| Home Value | Philanthropy Commission at 3% | Donation 10% | 15% | 20% | 25% | Both Agents Participating |
| 300000 | 9000 | 900 | 1350 | 1800 | 2250 | 4500 |
| 500000 | 15000 | 1500 | 2250 | 3000 | 3750 | 7500 |
| 750000 | 22500 | 2250 | 3750 | 4500 | 5625 | 11,250 |
| 1,000,000 | 30000 | 3000 | 4500 | 6000 | 7500 | 15,000 |
| 1,500,000 | 45000 | 4500 | 6750 | 9000 | 11,250 | 22,500 |
| 2,000,000 | 100,000 | 10,000 | 15,000 | 20,000 | 25,000 | 50,000 |
In a recent story, MSN Real Estate reporter Mai Ling Slaughter reported that Philanthropy Realtors was hoping to inspire other real estate companies to give back to their communities. This approach can make an impact on neighborhoods that are suffering from the recession.
Licensed realtor Miguel Gonzalez started Philanthropy Realtors, in association with Keller Williams Los Feliz, after seeing his father die from cancer and battling the deadly disease himself. He uses a simple formula taught by his father of giving back to the community by giving a piece of the real estate profits to select charities. Miguel hopes other real estate companies will follow his example. Philanthropy Realtors is located in Los Angeles California. http://philanthropyrealtors.yourkwagent.com/
{ 11 comments… read them below or add one }
Miguel is a wonderful giving spirit. Talented in his commitment in aiding his clients along with continuing to provide an inspirational light for those in need.
I cannot think of a finer group to belong to in making an investment for your family and in turn making an investment into your community.
Bravo! Miguel.
Vori
I have had the opportunity to participate in some of the philanthropic projects that Miguel has worked with. In one word Miguel is “involved”. Every time I have seen him in action his sincerity, caring and attention to detail shine through. Miguel is a leads by example kind of person, he treats everyone as he would want to be treated, and is an example of an excellent citizen of his community. I’m looking forward to working with him in the future.
It’s really great to give back a chunk of great big commissions. What will impress me will be the Real Estate group that commits to selling a home with the highest percentage of certainty that the buyer can actually afford it for more than a year or two.
Every day I do my best to rescue families who have been sold a home they really can’t afford and “qualified” for a loan that guarantees they won’t be able to pay it off.
Whatever the government does to regulate the lending industry will be hard on those who do what’s right and won’t be enough to stop those who want those $10-50,000 commissions. How about putting the charitable donation in Escrow for 5 years, and if the family loses the home, give it back to them so they can furnish their apartment?
Other than THAT, I admire the support of deserving charities by those who do good business. I’m just not sure that the Real Estate sellers have taken any responsibility for their part in the foreclosure crisis. I KNOW the promoters of “leverage your home equity to buy more real estate, then lose 2 homes to foreclosure” like Trump and Kyosaki have not taken any responsibility for the damage done.
Philanthropy Realtors is doing more than paying lip-service to principles of humanitarian action and genuinely acting to support the local community. I applaud their approach to business and I am sure all of us would like to see more in the commercial community open their hearts and their wallets in a similar fashion.
I attach great importance to my professional relationship with Miguel Gonzalez.
His loyalty to his clients and altruistic character are a reflection of his integrity.
His unwavering enthusiasm to serve his clients coupled with his compassion for people is a rare find.
I recommend his services to anyone searching for an experienced and honest realtor.
I have met Miguel, and he definitely knows real estate and is a very nice guy. His “giving back to the community concept is great. I wish more agents did that.
10% of proceeds is an impressive percentage!
I’ve known Miguel for for some time now and I am astonish to hear of realtors giving 10% of their earnings to charity!! I hope many other realtors are encourage to do the same thing that you are doing —giving back to the community. A good deed is always rewarded!!
I am so inspired by the selflessness of Miguel. He is truly a pioneer and I am honored to have recently met him and proud to do business with him.
Miguel is one of the most energetic and charasmatic indviduals that I have met. I fully support the charitable efforts of Philanthropy Realtors and encourage anyone looking to buy or sell real estate to consult with Miguel.
Interestingly, Miguel has everyone snowed. I had the “pleasure” of being involved with this snake and if it were not for a friend looking out for me I would have lost what was most valued to me. As well, I decided I wanted nothing to do with him when I discovered in a google search that he is a administrator for a group which clearly states in their documentation that they advocate drinking and driving. I lost my sister to drunk drivers. I encourage everyone to first give some time in there dealings with Miguel, he often has another agenda. He knows not the meaning of the word loyalty, has no business handling investments for hard-working people and currently is under investigation by a private party.