GIVING

Franchise Fees Leave Asheville

Most real estate offices, here in Asheville and around the country, are franchise locations of large real estate firms. The local offices usually pay a franchise fee of 3-7% from the sale of each property to their headquarters. That means a lot of money leaves Asheville and goes to Charlotte, Florida, or some other place.

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Panashe. Fiercely Local

We take a different approach. We want money from home sales in Asheville to stay in Asheville—to benefit our community. At Panashe, when we sell a home, we ask each client which local charitable organization they want to support. Instead of sending a franchise fee out of Asheville, we donate 5% of the gross sale revenue to the client’s non-profit of choice. We’re thrilled to have donated over $20,000 to local organizations in 2020, including:

• MANNA FoodBank
• Pisgah Legal Services
• National Alliance on Mental Health (NAMI) Western Carolina
• Brother Wolf Animal Rescue
• Meals on Wheels of Asheville & Buncombe County
• Preservation Society of Asheville & Buncombe County
• Asheville Area Habitat for Humanity
• Working Wheels
• Appalachian Wildlife Refuge
• Read To Succeed

 

 

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