PACIFIC PALISADES, Calif., April 10, 2017 /PRNewswire/ -- Amalfi Estates, a residential real estate brokerage firm in Los Angeles, is challenging real estate firms and agents nationwide to donate 10% of their commission to charity with the launch of the "10% Giving Pledge Challenge." Since 2015, Anthony Marguleas and Amalfi Estates have donated 10% of commissions to five charitable organizations: American Cancer Society, Make a Wish, SPCALA, Path Making It Home and Homeboy Industries. Clients choose the one charity their commissions will benefit. The five organizations represent the main causes Amalfi feels strongly about: health, kids, pets, homelessness and a local cause to help gang members transition to productive professionals. Over the years, Amalfi Estates and Marguleas have donated $430,000 to charity.
"What led up to this challenge was I discovered the average residential real estate brokerage donates less than ½ of 1% of their commission to charity. I knew we could do better and hopefully set an example for others. Although we had always donated some portion of our commissions to charity, I pledged in 2015 to donate 10% of our commissions," said Amalfi Estates Founder, Anthony Marguleas. "If a small boutique firm like ours can donate $430,000 and still be successful, so can any other real estate firm in the country. I challenge them all to give it a try. Only good can come from it. Imagine with 1 million Realtors in the country, millions of dollars can be raised for those less fortunate."
With these guiding principles of giving back, Marguleas sees his firm as a charitable organization that also sells real estate.
In 2015, Marguleas donated $129,000 and in 2016 $147,000. Marguleas and his growing team of Sales Partners hope to reach annual donation goals of $200,000 for 2017, $300,000 in 2018 – and eventually donate $500,000 annually to charity.
Last month, Marguleas and his sales partner, Cody Carras presented a check from Amalfi Estates for $11,233 to the American Cancer Society. As a cancer survivor himself – Marguleas battled rhabdomyosarcoma, a rare cancer at age 26 – the American Cancer Society is a cause near and dear to Marguleas.
"The American Cancer Society is incredibly grateful to Anthony and his firm for their generous commitment to the fight against cancer. It's a tremendous accomplishment for a firm of Amalfi's size, and raises the bar in charitable giving for other real estate firms to follow," said Cynthia Vant Hul, chair of the American Cancer Society's Los Angeles Region Council.
Today, Amalfi Estates is launching the "10% Giving Pledge Challenge" as inspiration for other residential real estate brokerage firms across the country to give 10% of their commissions to charitable organizations. Marguleas is challenging real estate firms to increase giving to make this country an even better place and to prove success and philanthropy are not mutually exclusive.
About Amalfi Estates and Anthony Marguleas
A philanthropic firm that happens to sell real estate, Amalfi Estates is dedicated to giving back. While offering superior real estate service, Amalfi Estates goes above-and-beyond allowing clients to choose which charity 10% of the commission is donated. Located in Pacific Palisades, California, Amalfi Estates services the entire Los Angeles Market, with a focus on the Coastal communities. To learn more please visit www.AmalfiEstates.com.
Anthony Marguleas has successfully helped over 600 families buy and sell homes. He has personally sold close to $1 Billion in properties and was selected by The Wall Street Journal as one of the top 60 agents in the country out of one million agents. He is currently the #1 agent in Pacific Palisades for the 3rd consecutive year.
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SOURCE Amalfi Estates