In 2012, I Will Sell a Home for US Veteran Facing Hardship Pro Bono

By
Real Estate Broker/Owner with J. Philip Faranda (J. Philip R.E. LLC) Westchester County NY License # 49FA1074963
https://activerain.com/droplet/qSg

Real Estate Brokers for VeteransThis past Memorial Day I wrote a post entitled Memorial Day 2011: Giving Back To a Veteran in Need. In it, I announced that my company would sell a home for a US service veteran facing hardship for zero commission. My father was a veteran of World War II and Korea, and I asked for the community to let me now if anyone knew of a veteran who could benefit from this. I have not yet, so, being loud mouth I am, I have decided to raise my voice. 

As I stated this past May:

There is one thing I am going to do in my little corner of the world to make a difference to a veteran in the next 12 months. I will list and sell one veteran's house in the next year pro bono. They have to have a special need of some sort (it can be financial) because it is a waste to do it for a vet who is flush with cash or in a short sale, but so long as there is a DD-214 and the possibility of an equity advantage I'll get it done for this veteran gratis as my way of giving back. I can do this for one veteran (or their survivors), and it can be in any of the following counties: Westchester, Rockland, Putnam, Dutchess, Fairfield (CT), Bronx, Queens, or Orange. There is minimal small print to the offer, because I can't guarantee that a buyer brokerage will be cool with forgoing their end, but there will be no listing commission. 

If you know of a veteran who needs to sell and a pro bono arrangement would make a difference between hardship or not, please let me know via phone or email. 

If you are a fellow broker-owner, you feel like following suit and such an arrangement would not be an undue burden to the sustainability to your business, I encourage you to join me.

I have started a Facebook group for like-minded brokerages who feel that this would be a worthy endeavor. If you'd like to join me, please log onto Real Estate Brokers For Veterans group and add your name to the list of brokers- this way, we can have a list of colleagues in the different markets to whom we can refer veterans when the opportunity arises. The late Joe Ferrara often said that real estate licensees should have pro bono obligations just as attorneys. We don't, so this is strictly voluntary. 

If you are a broker and feel this is a worthy cause, please join me. Given the opportunity cost of working a file for no fee when you could be on a paying file, please only do so if you can absorb the work- it is not a suicide pact. Only give if you can. But if you can, please do log on and join

And if you know of a US service veteran who may benefit from this in the Metropilitan New York City area, please email me. 

Update: The Fisher House is an excellent alternative for your contributions, large or small. If this works for you, join us on Facebook! http://www.facebook.com/groups/realestatebrokersforveterans/

 

Thanks Dad

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Re-Blogged 2 times:

Re-Blogged By Re-Blogged At
  1. Robert L. Brown 01/01/2012 08:31 AM
  2. Jimmy Phan 01/02/2012 08:19 AM
Topic:
ActiveRain Community
Groups:
Active Rain Newbies
I Love NY
Bananatude
40 Somethings
Bartender, Make it a Double
Tags:
veterans
new year resolution
pro bono

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Rainmaker
1,675,919
Winston Heverly
Winston Realty, Inc. - Atlantis, FL
GRI, ABR, SFR, CDPE, CIAS, PA

Being, that S. Florida is the 6th borough, if the need arose for something down here, I would be interested. Good luck with your efforts.

Jan 02, 2012 10:59 AM #44
Rainer
73,545
Rocky Dole
Revelation Real Estate - Maricopa, AZ

I love seeing stories like this.  I would love to be in a position to join you but I am still kind of new to the business and can not afford to do it right now.  I am also not a broker so I would need my broker's permission.  Hopefully I can do something similar in future years after I am more established.  I do applaud you and others for doing this.

Jan 02, 2012 11:02 AM #45
Rainmaker
212,421
Mary Sheridan
Keller Willliams - 1033 Hamilton Place,Johnson City TN 37604 - Johnson City, TN
Creative Marketing, Buyer Agency 423-943-7655

This is a generous idea.   I'd certainly be willing to do that.   I still remember with warm feelings the seller who years ago noticed the veteran amputee's situation and pulled me aside to volunteer that he'd pay closing costs.   I worked without commission and the vet got on with his life feeling appreciated.   

Jan 02, 2012 12:02 PM #46
Rainmaker
1,431,110
Gene Riemenschneider
Home Point Real Estate - Brentwood, CA
Turning Houses into Homes

Good luck with this.  I was going to comment don't do it on a Short Sale, but you were way ahead of me.

Jan 02, 2012 01:22 PM #47
Rainmaker
450,833
Brian Rugg
Rugg Realty LLC Sun City Texas 512-966-3200 - Georgetown, TX
Sun City TX Real Estate - Georgetown, TX Real Est

Hello J Philip: All I can say is, "Bravo".  Please keep us informed on how this goes, and who is the luck recipient.

Jan 02, 2012 01:58 PM #48
Rainmaker
885,937
J. Philip Faranda
J. Philip Faranda (J. Philip R.E. LLC) Westchester County NY - Briarcliff Manor, NY
Broker-Owner

Marshall- Please feel free to do so!

Thanks to you all! We have 37 people in our Facebook group now! 

 

Jan 02, 2012 02:31 PM #49
Rainmaker
644,939
DeeDee Riley
Lyon Real Estate - El Dorado Hills CA - El Dorado Hills, CA
Realtor - El Dorado Hills & the Surrounding Areas

Phil,

I didn't see your offer in May, but what a wondeful and generous idea!  I'm surprised no one took you up on it yet.  Not sure if my broker would let us do that but I'll have to ask!

Jan 02, 2012 03:07 PM #50
Rainmaker
834,332
Bob Miller
Keller Williams Cornerstone Realty - Ocala, FL
The Ocala Dream Team

Hi Phil, what a great offer and as a veteran I applaud you.  I may also join you this year!

Jan 02, 2012 10:08 PM #51
Rainmaker
508,351
Sylvie Stuart
Realty One Group Mountain Desert 928-600-2765 - Flagstaff, AZ
Home Buying, Home Selling and Investment - Flagsta

This is a great idea and what a wonderful tribute to your dad! May 2012 be a productive and joyous year for you and yours!

Jan 03, 2012 12:25 AM #52
Rainer
82,764
Jim Miner
Miner Noh & Associates - Phoenix, AZ
Loan Modfication & Short Sale Specialist

You are building some serious good karma.

Jan 03, 2012 03:26 AM #53
Rainer
300,904
Lehel Szucs
All Seasons Real Estate, Inc. - Covina, CA
REALTOR of choice

I think this is noble and veterans deserve such service ... I too will commit to do this if such a  transaction should come my way ... being a former Marine it is the least I can do .... 

Jan 03, 2012 05:24 AM #54
Rainer
54,960
Jairo Arreola #SOLDBYVETERAN
PRG Real Estate - San Jose, CA
VA Home Loan Specialist - SF Bay Area

What a great concept that you are doing. I appreciate what you are doing for Veterans. I am not a broker, but I would like to join the group and hopefully help out. =)

Jan 04, 2012 08:10 AM #55
Rainmaker
560,564
Women of Westchester Working Together
Women of Westchester Working Together - West Harrison, NY
Women helping Women get ahead

Phil - You are my hero and so enjoy your blogs and great work in the industry.  Since we're both in Westchester, I hope to get the chance to meet you someday soon.  Debbie pointed you out as a great person to read among your blogs and learn from you as a Rainmaker.  Happy New Year and great work for a vet...like my father who just short sold his house on West Coast.  Cheers!

Jan 05, 2012 10:21 AM #56
Rainmaker
622,210
Morgan Evans
Douglas Elliman Real Estate - Manhattan, NY
LICENSED REAL ESTATE SALESPERSON

Always enjoy your blogs Phil and this is a reason why.  Looking forward to see how this works out.

Jan 06, 2012 04:30 AM #57
Rainmaker
534,074
Kenneth Cole
Weichert Realtors Appleseed Group, 2043 Richmond Ave. S.I.N.Y. 10314. office phone 718-698-9797, Appleseedhomes.com... - Staten Island, NY
NYS Licensed Real Estate Salesperson

Good morning Phil;  I saw your post that was re-bloged by Ed Silva,  Thank you for your support of our Veterans.  I also made a similar announcement, I would not accept my fee for any wounded Staten Island Veteran buying or selling a unit in Staten Island.

God bless America.

Jan 14, 2012 12:46 AM #58
Anonymous
Shankar

Hello JP, this is a good gesture from your side, and I think it will make others think along similar lines.

Cancer is my fighting cause, I will offer something to my clients along these lines.

 

 

Jan 22, 2012 03:40 AM #59
Rainmaker
107,887
Grace Keng
Keller Williams Realty Cupertino - Cupertino, CA
CRS, CDPE (408) 799-8887

Enjoy your posting. Right on. Did you find the Veterans to help with!

Feb 29, 2012 10:49 PM #60
Rainer
135,632
Matt Robinson
Professional Investors Guild - Pensacola, FL
www.professionalinvestorsguild.com

That's awesome Philip!  Way to set an example for the rest of the Realtor community.  I may do the same thing here in my area.  Thanks for sharing!

Aug 03, 2012 03:43 AM #61
Rainmaker
213,257
Deepak Chauhan
Versailles Property - Irvine, CA
Irvine, CA ... the place to be

Great cause I like the concept, all the best my friend

Nov 30, 2013 12:39 PM #62
Rainmaker
63,769
Michelle M. Arnold
Keller Williams Realty Yuma - Yuma, AZ
Associate Broker

What an excellent service you provided! Please post an update and tell us about your campaign. :-) 

Nov 14, 2014 01:21 PM #63
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J. Philip Faranda

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