Black Coalition on AIDS Receives First Donation From Partnership With My Broker Donates
New Social Enterprise Channels Realtor Referral Fees Into Donations for Non-Profit Organizations
LARKSPUR, CA-- Sep 19, 2012 - Jack McLaughlin, co-founder of My Broker Donates, today announced that the Black Coalition on AIDS received its first donation from a My Broker Donates-facilitated home sale. The Black Coalition on AIDS is a San Francisco-based non-profit organization dedicated to reducing health disparities in the Black community, particularly the spread of HIV/AIDS. My Broker Donates is a social enterprise that provides home buyers and sellers with a free service to help them find a Realtor and channels broker referral fees into donations for non-profit organizations.
My Broker Donates began working with the Black Coalition on AIDS (BCA) in September 2011 when BCA Executive Director Perry Lang learned of the new service from Tom Eddington, MBD co-founder and fellow San Francisco-area non-profiteer. Mr. Lang registered with My Broker Donates in January 2012 to facilitate the sale of a family property in Rochester, NY. The transaction, which closed this summer, resulted in a $450 donation to BCA.
"The process was very helpful to me as a seller and the donation was a timely benefit to the agency. The My Broker Donates team found me a realtor with expertise in the Rochester area, and the realtor helped market, stage and sell my property. The donation from the realtor's commission was an effortless gift. It was a win, win, win for everyone," stated Mr. Lang.
My Broker Donates connects home buyers and sellers with up to three real estate agents matched to their particular transaction through an objective, data-driven process. Buyers and sellers choose the agent they like best. Employing the right agent means a better outcome for clients. Those selling a house are provided with the best opportunity for getting the highest possible price. Those buying a house are better assured of locating the ideal property. When their transaction closes, My Broker Donates uses the broker referral fee to make a sizable donation to the non-profit organization selected by the home buyer/seller -- at zero cost to the home buyer/seller or the charity. On a home sale of $500,000, the resulting contribution is more than $2,000. (Go to MBD's Donate-O-Meter to compute a donation.)
"We're thrilled to be partnering with the Black Coalition on AIDS and that it has seen its first donation generated by our innovative approach to supporting charitable non-profits and building communities. Home buyers/sellers have a free, independent, data-driven referral service that connects them with a qualified agent to help them recognize the best outcome from their transaction; the highest possible price for those selling a house and just the right property for those buying a house. And, they're able to support their favorite charitable non-profit with a sizable donation at zero cost to them. Non-profits have a new way to drive donations that provides donors with a valuable and timely service -- especially during these economically-challenged times. And, finally, reputable agents with a solid track record and demonstrated community involvement gain qualified leads without incurring any of the usual costs associated with new client acquisition other than the cost of a standard referral fee," stated Mr. McLaughlin.
My Broker Donates was developed in 2011 by Jack McLaughlin, Tom Eddington, and Greg Baumann. Mr. McLaughlin, a licensed California real estate broker with 32 years of experience, developed the concept for My Broker Donates after successfully negotiating real estate transactions for non-profit clients. The results of his efforts include a $150,000 donation to the Marin Workforce Housing Trust and a $25,000+ donation to EAH Housing of California and Hawaii. During the past year, My Broker Donates has partnered with approximately 75 non-profits across the country, and completed nearly a dozen transactions that have benefited non-profits including the Sierra Club, Amnesty International, Summer Search, Whistlestop, and the Black Coalition on AIDS.
About the Black Coalition on AIDS
The Black Coalition on AIDS (BCA) is dedicated to reducing health disparities in the Black community, particularly the spread of HIV/AIDS. A pioneer in providing health education, advocacy and services to San Francisco's Black community, since 1986, BCA strives to achieve this focus by providing health and wellness services including, but not limited to, transitional housing, health education, advocacy, health case management and other health-promoting activities. Additional information about the Black Coalition on AIDS may be found at http://www.bcoa.org/.
About My Broker Donates -- A Better Place to Live, A Better Way to Give
My Broker Donates, a social enterprise, is a free, independent, objective, data-driven agent selection service for home buyers and sellers. My Broker Donates connects buyers with the right agent to help them get the right house at the right price. They match sellers with the right Realtor to get the highest price. When a transaction closes, My Broker Donates makes a substantial donation to the non-profit organization of the buyer or seller's choice. It costs buyers and sellers nothing. Additional information for My Broker Donates can be found at http://mybrokerdonates.com/index.php/index_b/?utm_expid=34628619-0.
ROBIN SCHOEN PUBLIC RELATIONS