Contributions to the Alliance.
Voluntary contributions support the Alliance's formation, the development of its operational standards, and the verification work that establishes the network's credibility. Contributions are distributed in equal thirds among the Alliance, the operating node network, and the infrastructure that underpins both.
Why contributions are necessary.
Real estate settlement in the United States generates over eighty billion dollars annually in percentage-based fees. The professionals doing the actual work are paid, as they should be; so is a layer of intermediation whose function the market no longer requires. The Alliance exists to address this structural condition through verified professionals, owner-controlled listings, the Open Data Covenant, and attorney-authored smart contracts.
Settlement remains the last major function in the residential real estate transaction that has not been operationally transformed. Discovery moved to listing services. Financing moved to direct-to-consumer originators. Valuation moved to automated models. Settlement remains manually coordinated across attorneys, title companies, escrow companies, and lenders.
The Alliance's formation requires resources that are independent of the systems it aims to reform. Contributions support the formation work that membership dues, in their early phase, cannot alone underwrite.
What contributions fund.
- Legal formation and counsel. Constitution of the Alliance, drafting and adoption of the Governance Charter, and counsel in each target state on the legal alignment of the smart contract and settlement workflow.
- Standards development. Composition of the Open Settlement Standard with founding members, the verification framework for nodes, and the disciplinary procedures for breach of the founding principles.
- Transaction verification. Shadow settlement of representative real transactions on the network in parallel with conventional closings, with reconciliation against actual settlement statements producing the published evidence of accuracy.
- Alliance governance and operations. The administrative work of an institution in formation — member services, publication, the Reputation Ledger, the smart-contract authorship interface, and the Office of the Chairman.
- Infrastructure continuity. The Alliance's standing service obligations to Real Smart Ledger LLC, ensuring uninterrupted operation of the settlement infrastructure across the formation period.
The formation campaign.
The Alliance's formation campaign seeks two hundred fifty thousand dollars in voluntary contributions, allocated as described above. The campaign supports the work of Verification — the first phase of the Alliance's path to operation — through the publication of independent reviewer findings on the shadow settlement portfolio.
Progress is reported as Verification proceeds and as contributions are received.
The three-way division.
In keeping with the structure of the Close Share at transaction close, contributions to the Alliance are distributed in equal thirds among the three parties whose coordinated work sustains the network.
The Alliance
Supports the Alliance's governance, member services, publication, policy work, and administrative operations.
The Node Network
Distributed to the federation of operating nodes in accordance with the terms of the Operating Agreement, supporting territorial operations.
The Infrastructure
Applied to the Alliance's infrastructure obligations with Real Smart Ledger LLC, ensuring continuity of technical operations.
This distribution is the same ratio applied to voluntary Close Share contributions at transaction close, chosen for consistency of approach across the Alliance's contribution mechanisms.
AOREP is a for-profit entity. Contributions are not tax-deductible.
The Alliance Of Real Estate Professionals is organized as a for-profit company under the laws of the State of Wyoming. It is not a charitable organization, is not exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code, and contributions to it are not deductible for federal or state income tax purposes. Contributors should consult their own tax advisors concerning the treatment of any contribution.
The Alliance has chosen a for-profit structure deliberately, for reasons set forth in its Governance Charter. The principles that bind the Alliance are structural rather than dependent on tax status, and the Alliance's commitments are enforceable under its own charter rather than by reference to external designations. Contributors who wish to support the Alliance's work are asked to do so with full understanding of this arrangement.
Contribute to the Alliance
Select an amount, or propose your own.
Join. Refer. Federate.
The Alliance's sustainability rests principally on its members, its participating professionals, and its operating nodes. Those who wish to support the Alliance's work need not do so financially; membership, referral of qualified candidates, and consideration of node operation are each consequential contributions.