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Realtors more likely to donate to charities

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WASHINGTON – Dec. 6, 2018 – Eighty-two percent of Realtors® donate money to charitable causes every year, compared to the national average of 56.6 percent of Americans who do so, according to a new report from the National Association of Realtors (NAR).

The Community Aid and Real Estate Report (CARE Report) provides insight on the monetary and volunteer contributions that general members at-large, broker-owners and Association Executives of Multiple Listing Services give to society.

Compared to the general members at-large, 81 percent of broker-owners donate money on an annual basis, while 90 percent of AEs or MLS staff donate each year.

2018 report findings

  • Four-fifth of NAR’s members said that community involvement is an important component of their business plan. “The findings in this report highlight what we’ve known all along – that Realtors go above and beyond to serve their neighbors,” says NAR President John Smaby. “Realtors across the country not only work to help people achieve the American dream, but they also work hard to make a difference in our communities and make them better places to live.”
  • 85 percent of AEs and MLS staff volunteer on a monthly basis for a median amount of 10 hours.
  • 77 percent of broker-owners volunteer on a monthly basis for a median amount of 10 hours and 66 percent of members at-large for a median of eight hours.
  • Of those who donate money annually, broker-owners give a median amount of $1,950, the most of the three groups. AEs and MLS staff contribute a median amount of $1,250 a year, and general members give $1,000 annually. Realtor associations also donate to their communities, with a median annual amount of $5,000 to communities and $2,500 to NAR.
  • 89 percent of AE or MLS staff said their associations held a fundraiser for their community last year, with 54 percent holding three or more.
  • 80 percent of broker-owners encourage agents to be involved in their communities; 64 percent of general members said their firms encourage them to volunteer.

© 2018 Florida Realtors®

 

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