As we promised last month, we are once again going to share the missed opportunity for giving – the amount that could have been donated to the community if every Realtor® in the Austin area donated 25% of their commission the way that Give Realty’s agents do.
Given the total sales volume of $812,424,317 in the Austin MLS in April, the missed opportunity for giving last month was $12,186,364.75.
In case you can’t imagine what $12.1 million could have done for our community, here are a few examples. $12.1 million represents 25% of all expenses for Capital Area Food Bank for the fiscal year ending in 2011. It represents 38% of all expenses for The Livestrong Foundation for the fiscal year ending in 2011. It also represents 127% of the total expenses for Life Works for that same fiscal year. Finally, 12.1 million is 49 times the $244,553.05 that Give Realty has donated since our beginning.
Talk about a missed opportunity…
*Financial information based on numbers released in Austin Business Journal’s 2013 Giving Guide.