Industry News

Real estate companies pitch in for disaster relief

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Real estate companies have come out full force to provide relief funding to victims of Hurricane Katrina. The National Association of Realtors is contributing more than $1 million to funds established by Realtor associations in Louisiana, Alabama and Mississippi to provide emergency relief to victims. NAR is accepting contributions for the relief fund through A la mode said on Thursday it has donated $150,000 in cash to be split equally among the disaster recovery operations of the three state Realtor associations. In addition, a la mode's founder and Chairman Dave Biggers indicated that he would ask all of the company's clients to donate to the American Red Cross through the a la mode Web site,, and will personally match the total contribution up to $250,000. The California Association of Realtors has donated $30,000 to hurricane relief efforts in the three afflicted states. Individual contributions to C.A.R.'s hurricane relief effort...