A new real estate company has married property services with philanthropy by pledging 20 per cent of each transaction's commission to registered Australian charities.
According to the company, landowners individually donate half of Radley Property’s 20% Pledge to their chosen charity, made in the vendor’s name which does not impact their profit and is tax deductible.
Radley Property invests the other half to their non-profit education partners, Room to Read and the Australian Indigenous Education Foundation.
“We want to give landowners and developers the opportunity to engage in philanthropy by simply selling their property with us. While the business model reflects our values, we are also mindful that our commission needs to be relevant and competitive to the market,” said Radley Property’s Founder and Director, Belinda Bentley.
Belinda along with fellow Director, Michael Radovnikovic have been members of Philanthropy Australia’s New Generation of Giving Program for the past two years. Both Directors have had extensive careers in the property industry and also regularly contribute to various property and arts not-for-profit organisations.
“We were inspired by the social change that was disrupting other sectors through the growing number of social enterprises and ‘profit with purpose’ businesses. When we looked at our own industry, we were disappointed that not much has changed,” said Ms Bentley.
“We have experienced first hand what it’s like to give back and we want landowners to have a similar opportunity to consider the causes they care about. By promoting philanthropy through property, we are able to reach a greater population without affecting their bottom line.”
Radley Property services inner Sydney (Inner West, Eastern Suburbs and North Shore) focusing on residential and commercial sales as well as project marketing for development sites.
“Impact drives us as a company - we’re a property group with a social conscience. With technology, there’s no need for a shopfront so we are able to keep our overheads low and create the highest value for our clients and non-profit partners.”