This AARE Generous Giving Program donates a portion of real estate sales commissions to the American Motorcycle Heritage Foundation, the 501c3 nonprofit established by the AMA to raise money for the AMA Motorcycle Hall of Fame.
Those funds in turn support the Hall of Fame’s purpose to collect, record, preserve and honor the rich history of motorcycling in America.
Only donations from participating sales generate funds for the charity.
While the AMA or the AMHF does not endorse or promote any real estate brokerage services, we are sharing information about this opportunity so donors and potential supporters can decide if they wish to participate. To learn more about the program and how you can donate to help the AMA Motorcycle Hall of Fame at no cost to you, please visit http://aare.news/generous-giving-program or call AARE at (858) 382-4200.
Frequently Asked Questions
What is the AARE?
AARE is a real estate company that has a heart to support charities. To that end, AARE has developed a program to encourage generosity. Clients, real estate agents, homeowners, donors, nonprofits, churches and businesses can all participate in the program.
What is AARE’s Generous Giving Program?
It’s an innovative program from AARE through which the company generates significant financial contributions to support charities and their ongoing work in the United States and throughout the world.
How does it work?
If someone buying, selling or leasing property anywhere in the United States, whether residential or commercial, wants the transaction to support a charity of his or her choice, he or she contacts AARE. If the individual and the charity choose to work with AARE, when your transaction closes, a percentage from AARE’s commission will be donated to the charity. The donation comes from AARE’s commission so there is no cost to the client selling, purchasing or leasing the property.
How much will the donation be?
A donation chart is available from AARE.
Where is the funding source for the donation?
When AARE gives a real estate lead to one of its agents or an affiliated agent outside its area, the agent agrees to pay AARE a referral commission. That’s a standard real estate practice. AARE takes that referral commission and from that, gives a donation to the Generous Giving Charity. The donation to the charity comes from AARE’s referral commission not from the real estate agent’s commission.
Is the program active in all states?
The program can help people anywhere in the United States. Over the years, AARE has created a list of qualified agents and brokers throughout the country. When potential clients contact AARE regarding a property out of its area, the company provides contact information for a qualified agent in the potential client’s area.
How does a charity qualify to be a part of the Generous Giving Program.
As a registered 501c3, the American Motorcycle Heritage Foundation qualifies for the program. The AMA created the AMHF to raise money for the AMA Motorcycle Hall of Fame, and all funds raised by the AMHF go to that purpose.
Is the Generous Giving Program only for residential sales?
In addition to sales of residential and commercial properties. Commercial and residential leases also qualify. For example AARE would determine the donation based on the total amount of the lease. For example, if it’s a $10,000/month lease for five years, it would be valued at $600,000 and AARE’s donation would be based off that amount.
I would like my upcoming real estate transaction to benefit the Hall of Fame. What do I need to do?