Closing gifts

5,505 Views | 23 Replies | Last: 11 yr ago by grizzo
mazag08
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Was talking with a friend today who is also an agent. Had a nice dialogue on closing gifts. Wanted to ask the homeowners of Texas..

Do you expect a closing gift from your Realtor?

What's the best one you've gotten?

What's the best you've heard of?

What's the lamest you've seen?
wilddaizy
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We weren't expecting anything at closing since we were first time homebuyers but our realtor gave us a basket with a bottle of wine and nice glass cheese cutting board. Great gesture and we still have the cutting board to this day! I think something small and congratulatory is perfect. Made us smile
Matsui
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Bottle of wine
LeFraud
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We used a realtor that some family had used about a month earlier. She had given them a nice piece of wall art, a cross or something. Thought it was a fairly nice gift (for someone who was practically a stranger). Our turn to buy a house, and she had been less than stellar throughout the process and had a few minor issues on closing day. We didn't get anything at closing. A few weeks later she sent us a %10 off coupon from Lowe's (which was identical to one we had received about a week earlier elsewhere). Needless to say, we wont be using that realtor again.
TXTransplant
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First house, my realtor gave me a basket full of snacks (cheese, crackers, sausage, etc). I was green and didn't realize I was supposed to give her anything. But I hired her because husband was a coworker (thank goodness that didn't end up in disaster), so I kind of felt like I had already done them a favor.

Second house, my realtor offered to take photos of myself and my son to say thanks. She was just getting into photography and wanted to "practice" on us. Some of the pictures were fantastic, but there were quite a few that I never saw because she didn't like them. She now works as a professional photographer, and I actually hired her to take pictures of us again earlier this year (all of which were great). I honestly can't remember if I gave her anything at closing. Maybe a gift card?

Third house, my realtors (husband/wife/son team) took me out to happy hour and then to a really nice restaurant. I gave them a couple of bottles of some nice champagne. I guess technically it was from my dad, since he insisted on buying them. I think he was just thrilled they were able to help me find something (after he went house-hunting with me one Saturday, I think he thought it was hopeless). I suppose the champagne was kind of cliche, but I knew they would enjoy it.

The realtor I hired to sell my first house (second sale was FSBO) didn't get anything extra. But I gave her assistant, who I knew was the one who did most of the work (and who is also a good friend) a couple hundred $ gift card to Pottery Barn.

I didn't expect a gift from any of them and would not have thought twice about not getting anything. I actually think the practice is a little strange/awkward, since it is supposed to be a business transaction. IMO, the best "gift" to give them (in addition to the commission) is to refer them to friends. But I realize that gifts are common practice, so I try to play along.
SoTheySay
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I purchase different things for different people. I've purchased new garage door openers, wine, champagne, gift cards... It just depends on how much I know about them and what their buying/selling situation is.

ETA: from clients I never expect a gift and am shocked when I get one. I prefer referrals and compliments (written ones are awesome!) but was very happy with a gift cert to one of my favorite places. I actually recently received a gift from clients months after their purchase. Client works for Exxon and dropped off gas cards.
Carnwellag2
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TXTransplant - interesting you got your realtor gifts.

When the plumber comes to fix a faucet, I usually just write a check. I don't usually get him a bottle of champagne.
TXTransplant
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quote:
TXTransplant - interesting you got your realtor gifts.

When the plumber comes to fix a faucet, I usually just write a check. I don't usually get him a bottle of champagne.


Lol! That is exactly how I truly feel about it...why give someone a gift for doing their job?!? However, since I know the realtor is very likely to give me something, I feel the need to reciprocate (I guess that's the southern girl in me). I will say, though, the husband/wife/son team that helped me with my last purchase really did go above and beyond, so I didn't mind so much. I figured they popped that bottle to celebrate the fact that I was out of their hair! Just kidding...I'm not quite that bad, I was just a very picky buyer in a very tight market.
jmazz
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Gifts aren't my thing. Don't think either side needs to give gifts or should expect gifts. Certainly a nice gesture and nothing wrong with it (I've received a few on the Realtor side which was unexpected but nice) but in general it isn't my thing.
plowboy1065
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I always give wine and a congratulations on your home Hallmark type card. I've never received a gift but the referrals are worth way more
Diggity
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quote:
TXTransplant - interesting you got your realtor gifts.

When the plumber comes to fix a faucet, I usually just write a check. I don't usually get him a bottle of champagne.


I've missed carnwells uplifting posts on here!
permabull
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giddings_ag_06
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First house I bought the realtor gave me a plastic freezer A&M mug.

Land I bought, the realtor bought me a few beers at the bar down the road (guy my age that's a friend)

The realtor I used to sell my house had seen my whiskey stash and bought me a bottle of Maker's Mark

The realtor I recently used to buy my second house was the same one I used for the land purchase. I consider being taken on hunts a good gift for that.



The closing gifts keep getting better with every purchase and sell....
Hanrahan
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I got a check for 2 of the 3% commission points. He knew just what I wanted.
Rustys-Beef-o-Reeno
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Realtors husband painted a picture of our house and they framed it for us. Great gift.
agnerd
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Guy that financed my mortgage gave me a bottle of wine with a photo of the house and the year as the label. I like it and am saving it. I'll open it after closing if I ever sell the house. Unexpected, but nice.
agdaddy04
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First time - $250 gift card to Pier One. Second was $50 GC to PF Changs and $500.
mazag08
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quote:
Guy that financed my mortgage gave me a bottle of wine with a photo of the house and the year as the label. I like it and am saving it. I'll open it after closing if I ever sell the house. Unexpected, but nice.


I do the same for most of my clients.
plowboy1065
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I would like to know the details of this. Checked into one place but it was pretty pricey
mazag08
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I use local wineries that offer custom labeling.
leanderag82
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I give my homebuyers a YETI Roadie w/ my logo on it at closing.
BlackGoldAg2011
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As a buyer I expect nothing, but the thought is nice if we worked long enough together on a buy/sale. When my wife and I bought, we spent about 8 weeks, looked at 30+ places and made 7 offers before finally getting a home. Our Realtor took us out to a nice dinner after we were under contract and gave us a gift basket once we were in the home.

Best one I've heard, is I used to work with a guy who's realtor gave him a .40 caliber Springfield pistol after closing, it was either an XD or XDM, can't remember which. I had never bought at that point, and was really hoping that bit was standard practice...
JJWAGGIE
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Have purchased three homes now and on all I have received a combination of wine and gift cards... the last was $100 to Home Depot and $100 to Pottery Barn plus she had pizza from Grimaldi's brought to the home that evening after closing.



Diggity
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We usually give Cutco knives with our logo etched on them. Gift cards are nice, but quickly spent and forgotten. I like to throw in a bottle of booze if I feel they will enjoy that as well.

I certainly don't expect closing gifts from my clients but I have gotten some cool ones. One TexAgs poster got me a 25 year old bottle of Talsker that was pretty damn nice!
grizzo
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If it is a woman or a couple, we always give a nice bottle of champagne and something else, typically like a soap/lotion combo from Williams Sonoma.

For the fellas, we will typically get grilling paraphernalia, like craft beer marinades, equipment or cookbooks.

They've always been well received. We enjoy giving something they can enjoy in celebration. We remain in contact with them well after close.
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