Austin realtor gives 25% of her commission to charity – every time






So let me get this straight: Give Realty gives 25% of its commission to charity? In my name? 

Yeah, I think that’s how it works. I get this realtor, Laurie Loew of Give Realty, to help me find a house. She makes a commission when I buy it  –  from what I remember commission is 6% of the house’s selling price. So if I buy the house for $200,000, for example, Laurie and the other realtor who worked with the seller split a commission of $12,000 total or $6000 each.

But then… while the other realtor pockets all most of the $6000 (their broker/office usually gets a portion), Laurie pockets $4500 and gives the remaining $1500 to the charity of my choice. I get to make the donation. I write the check. I get the tax deduction.

So what’s the catch?

I met Laurie at Jo’s yesterday to ask her about that. The thing is, there isn’t a catch. She just wants to do this. She just wants to help the community. What makes this so odd, mostly, is that no one else is doing this. She’s done the research and cannot find a realtor anywhere in the country who is giving away so much of their commission – and in their clients’ names. I mean, I think about moving once in a while, but this makes me want to go house hunting immediately. It’s kind of unbelievable.

Lots of people want to help the community, but how many can take 25% of their income and give it away, and not even in their own name?

But still you’re wondering… what’s the catch? Let me break this down for you:

…she’s independently wealthy? Laurie used to be wealthy-ish, but she got a divorce, gave up on the stuff aquisition, and started to feel good about her life. So now she’s trading wealth for health and happiness. Go figure.

….she’s taking a cut somewhere else? Nope. She’s met with accountants, lawyers, entrepreneurs, lots of people to make sure she’s doing this in a straight-up, totally kosher way.

…she’s doing this as a marketing gimmick? She’s not, actually. But think about it… even if she is… so what? She gives 25% of her commission to charity. Nice gimmick.

….she’s a little nuts? I know why you’re thinking this. You’re thinking this because you think realtors in general are greedy or lazy or a little bit of both, so she must be a kinda crazy. But a.) realtors can be cool people and b.) Laurie’s not crazy. She’s extremely sane, in fact. And she’s definitely not greedy or lazy. She worked her butt off for years to become one of the best realtors in Austin before starting Give Realty on her own.

The thing is, there is no catch. She’s just a super-nice lady, and in fact, she has two other super-nice people working with her, Robin LeTourneau and Joe Menefe. I hope you’ll hire them or refer them to someone you know who’s looking to buy or sell their home. Because it might be fun writing a big old check to the nonprofit of your choice.

Learn more about Give Realty here:

(Since August 2008, Give Realty Austin has already given away $7,400 to local nonprofits. And within the next month, Laurie thinks they’ll be at $10,000. What an incredible impact one realtor can have!)


5 Responses

  1. Heart House is one of the lucky recepients of Laurie’s generosity. I can attest that she is, indeed, a class act. We at Heart House feel so lucky to have supporters like Laurie, and hope you will help Heart House by choosing Laurie as your real estate agent. She is a wonderful community asset.
    Anna Land
    Heart House

  2. I bought my house from Laurie and can verify that she is not only generous but a very competent and through Realtor. We were living out of State when we purchased our Texas home and needed a dependable Realtor who would follow up on all the small necessary details. Laurie was very professional, through and dependable. When we arrived in Texas, thanks to Laurie, all necessary repairs and painting had been done on our home. Laurie secured estimates for us, and supervised the workers. Our closing was flawless as well even though Laurie had to deal with an unconventional seller. We are very grateful to Laurie and recommend her highly. If you choose Laurie for your Realtor you will not only be doing a great service for the community, but you will be working with an awesome real estate agent.

  3. We bought a house in Lago Vista through Laurie last July. She was absolutely the best realtor we have ever worked with–professional, hard working, honest. We live overseas and found her on the internet. She was the only realtor who responded to our inquiries personally. We knew nothing about the “part of MY commission goes to YOUR charity” deal. She was amazing. Mobile Loaves and Fishes got a four digit donation because of Laurie. She didn’t need to do this to win us over. Her work ethic and perseverance made her our only realtor. But her giving heart makes her our friend, not just our realtor, for life.

  4. […] Loew of Give Realty Posted on April 7, 2009 by givingcityaustin More about Laurie Loew and her real estate agency that gives 25% of its commission to the charity of your choice in your name (still blows me away) in our next issue. In the meantime, enjoy this short interview by Christine […]

  5. Personally I don’t think that Mr. Handsome has received enough accolades for his humanitarian efforts. In my opinion a lot of celebrity do-gooders are totally phony and engage in so called good deeds merely for positive publicity. I have to say that I don’t think that George is one of the phonies out there in the world of celbrity do-gooders. I admire what he is doing for the Haitian people. I wish more celebrities were as real as he is when it comes to helping out those less fortunate in the world. So kudos to George and his desire to make this world a better place.

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