Are there fees for the religious organization or charity to be part of the Charity Referral Network?
No. There is no cost to the charity. The only cost is the $295 administration fee that is deducted from the referral fee.
Can our charity recommend a specific real estate agent to our donors?
Yes. Venice Realty will work with any duly licensed real estate agent and broker. It makes sense for a non-profit organization to develop a relationship with an agent or broker who values the work you do. Referral fees are common practice in real estate. Many agents pay companies for referrals. Venice Realty is dedicated solely to working with charity referrals and receives only a flat fee.
What if a home buyer or seller is already working with an agent or broker?
For a home buyer or seller to participate in this unique program, they must not already have a working relationship with an agent or broker.
Does Venice Realty perform real estate services besides working with charity referrals?
No. Venice Realty is totally committed to providing referral dollars to churches and other nonprofits.
Does it cost a home buyer or seller more to work with an agent if there is a referral fee?
No. It should never cost more. Referral fees are usually viewed as a marketing expense associated with the opportunity for a real estate agency to work with more clients. This is generally true for resale real estate companies and sales offices for new home communities.
Who are the agents home buyers and sellers can work with?
You can work with any real estate professional with the proper credentials. They can be from the large national firms or from small independent firms.
Do I need a real estate agent?
We believe it is important, especially in this difficult market, to use a professional real estate agent to buy or sell a home. Real Estate transactions today are much more complicated than they were in the past.
Will our real estate agent know what a referral is?
Referrals are a part of the real estate industry. Some agents pay marketing companies for referrals.
Venice Realty, Inc. and the Fundraising with HomesTM program gives real estate professionals the opportunity to help your organization and help themselves at the same time by creating a new source of real estate business and referrals. It is a great opportunity for a real estate agent to team up with Venice Reality's Fundraising with HomesTM program and with your organization.
Your organization can also refer a real estate agent to us and we will refer that agent to others who contact us from your area of the country.
How do we find a real estate agent?
Almost any religious organization or non-profit organization has a real estate professional as a member of their organization. If they are professional, they have not been soliciting business among your constituents, so you might have to ask around. If you do not know an agent within your organization at this time, call us. Megan will help you find someone in your area to work with you.
Can a buyer or seller download the forms and begin the process without knowing which religious organization or non-profit they want to donate to?
Yes. The buyer or seller (the person who completed Part 1 of the Venice Realty, Inc. Referral Form) is able to name a charitable beneficiary up to 30 days from the Closing Date of the real estate purchase or sale.
Are there fees for the home buyer or seller?
No. The gift comes totally from the referral fee taken from the real estate sales commission.
Are there fees for the real estate agent or broker?
No. There is only the 25% referral fee, paid similar to how other referrals are paid.