NAR survey shows Realtors make above-average donations of time, money to charity

The survey-based study by the National Association of Realtors found that 82% of its members donate money to charity, compared to 56.6% of all Americans

Dec.December 09, 2018 01:00 PM

(Credit: iStock)

Driven by more than just listings and commissions, Realtors donate above-average amounts of time and money to charity, according to a report by the National Association of Realtors (NAR).

The NAR reported that 82 percent of Realtors give money to charity, compared to 56.6 percent of all Americans.

The national association’s Community Aid and Real Estate Report is based on survey responses from more than 4,000 NAR members who are general members at-large, broker-owners and MLS (multiple-listing service) association executives.

According to the report, 81 percent of broker-owners and 90 percent of MLS executives have donated time or money to a community organization.

Seventy-seven percent of broker-owners and 85 percent MLS executives said they volunteered an average of 10 hours each month, and 66 percent of NAR members at-large said they volunteered a monthly average of eight hours. The average for all American is 6.1 hours.

The median annual charitable donations were $1,950 among broker-owners and $1,250 among MLS executives.

The NAR also reported that 89 percent of MLS executives and staff said they have held a community fund=raiser in the last year, and 54 percent said they have held three or more.

The survey results also found that 80 percent of broker-owners encourage their agents to volunteer, and 64 percent of at-large NAR members said their brokerage firms encourage them to volunteer. []Mike Seemuth

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