Our Donation Model
Donations are made at the close of escrow through a reduction in Charitable Realty Agent commission. All donations are made at the clients’ discretion to a registered 501(c)3 charity, and in no way imply or constitute a relationship between Charitable Realty Agents and any partner organization. The Real Estate Settlement Procedures Act (RESPA) requires all donations to be voluntary and that no finders or referral fee will be paid to any organization.
These donations are recorded in your honor but not for your personal deduction. Charitable Realty does not receive a tax deduction either.
If a client is not working directly with a Charitable Realty Agent, either through a referral from Veterans United Realty, a Relocation Company, or other referral service, then the donation will not occur as commission is already substantially reduced. If a client has asked for a limited service listing or reduction in commission in order to negotiate terms, then the donation will not occur as a reduction in commission has already taken place. There are no donations on lease contracts.