Gifts for clients

By
Real Estate Agent with Coldwell Banker United, Realtors

As I get ready to close this latest deal, I am reminded that I should give my sellers a gift for letting me represent them.  I have listened to them, and have a gift picked out, but once again I find myself wondering what amount I should spend.  How much is too much? Is it based on the amount of commission I make? Is it based on a personal friendship? I have heard of $100 gift baskets for new home buyers, gift cards to restaurants, movie and popcorn baskets, new vacuums, etc. What are you guys doing for clients?

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Show All Comments
Rainer
20,683
Nathan Diones
Regioncy Real Estate - Redlands, CA

$100 or so is usually fine. I usually listen to my clients or get them a BBQ!

Jul 04, 2008 02:12 PM #1
Rainmaker
238,110
Angelia Garcia
Pure Realtors - Dallas, TX

I wrote about the same blog yesterday. I usually give gift cards or house warming gifts. I try to get a feel for what they need or don't have.

Jul 04, 2008 02:16 PM #2
Rainer
56,353
Peter Nikic
Broad & Bailey Realty LLC - Valhalla, NY

Chris, this sounds good. never really thought about it, but i guess it's a nice gesture. so even a $100 gift or gift card sounds good.

Jul 04, 2008 02:24 PM #3
Rainer
85,159
Rich Mielke
REMAX Results, Frederick MD - Frederick, MD
REALTOR, Frederick Maryland Real Estate

I usually give a gift card from a home improvement center. That way they can get something then need for the new house.

Jul 04, 2008 02:40 PM #4
Ambassador
717,344
Mike Jones
SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) - Tucson, AZ
Mike Jones NMLS 223495

Chris,

WELCOME to Active Rain!  This is a great community.  For a visual of what I do for my clients, please take a look at the luminarias in the photo on my post Please Welcome My Friend Robin Chlad

Mike in Tucson

Jul 05, 2008 09:19 AM #5
Rainmaker
36,255
Jeffrey deJESUS
Better Homes & Garden - DeJESUS Real Estate Group - Daly City, CA
Realtor

I usually give out gift cards, but it really does depend on the transaction and the relationship between you guys. I hope thats helped a bit. Good luck!

Jul 05, 2008 02:03 PM #6
Rainmaker
100,233
Lisa Ryan
Callaway Henderson Sotheby's International Realty - Montgomery, NJ
Selling Princeton,West Windsor and Montgomery Town

I used to give Home Depot or Lowes gift certificates but I have stopped doing it.  I just don't think it's necessary.

Jul 06, 2008 02:10 PM #7
Rainmaker
110,388
Glenn S. Phillips
Lake Homes Realty - Birmingham, AL
CEO, Lake Homes Realty

Thinking about this from prior experience when I was not in this industry but buying and selling property, my first instinct was that I would have rather had a better deal on the commission if there was enough money to get me a gift.  However, upon reflection I realized that the commission structure was well established in the local market and that a gift was appreciated if it was reasonable. 

If buying, a home improvement gift card is very appreciated.  If selling, perhaps an Amex gift card (good about anywhere).

Amount? Well too much (over $100) says to me that the Realtor either made a killing on this or does not know how to manage their own money.  The best thing a great Realtor can do for me is add value and make enough to stay in business for next time.   Less than $50 for a gift card can look a bit cheap.  If you wish to spend less than $50, send a purchased gift that you think matches the situation.  Can be more personal... IF you know that much about the person.

Jul 06, 2008 02:22 PM #8
Anonymous
Anonymous
Anonymous

Should you decide on a gift card from a Home improvement company you may want to check out  www.lowesrealtorbenefits.com  just a suggestion.

 

Jul 06, 2008 03:09 PM #9
Ambassador
1,540,961
Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

Chris, I like giving leather bound binders to keep all their documents.

Jul 06, 2008 03:31 PM #10
Rainer
425
Melinda Nicholson
Prudential Patt White - Allentown, PA

This was a good question. I am working with buyers and was wondering what type of gift to give when we get to settlement.

Thanks

Melinda

Jul 06, 2008 03:33 PM #11
Rainmaker
67,820
Denise Allen
Resh Realty Group - Chesapeake, VA
Realtor@ Chesapeake, Hampton Roads

I do Pauls idea with Lowes.  It seems to be an added benefit but to be honest no one has said so.  Such a shame.

Jul 06, 2008 03:47 PM #12
Rainer
8,838
Cheryl Lee Handavaka
Cheryl Lee Handavaka Mobile Notary Public - Riverside, CA
951-514-9205 - Riverside Notary Loan Signing Services

Chris-

When I purchased my home, our realtors had a blanket "throw" made for us, with our names weaved into the stitchwork of the throw.  It was absolutely beautiful and looked GORGEOUS!  They included the names of our family and a small saying about "home".  It was a very nice and UNFORGETTABLE gift.  I've found that you can get those made at most malls, and are not that expensive, but do look elegant! 

 

Cheryl Lee Anderson, Notary

Jul 22, 2008 08:48 PM #13
Rainer
4,252
Pam Woods
Keller Williams Realty - Glendora, CA

I know this question was posted some time ago but as a new agent, I have been wrestling with this question myself.  The home improvement center gift card was what I purchased for my buyers on my first sale.

I recently closed on a couple of leases and wasn't sure if the same gesture was necessary.  Both of my clients were new to the area so my idea was to purchase something from one of the local business establishments so that they would be interested in looking into what other businesses in the downtown area have to offer.

Since they aren't staying in this location permanently, it didn't seem logical to purchase something for the home as a gift.  My thought is that they just need to know that you appreciate that they chose you to help with their transaction.  There are a lot of agents out there - and we should all be grateful when a client chooses us.

Aug 31, 2008 09:54 PM #14
Rainer
6,064
Karen Faucette
Coldwell Banker Premier Real Estate - Valdosta, GA

I have given gift certificates for a massage.  Gift cards, baskets full of cleaning supplies, mailing labels, etc.  It depends on the client and I like to change it up.  So I will keep checking on your comments from this post.

Aug 31, 2008 10:00 PM #15
Ambassador
514,880
Cindy Marchant
Keller Williams Indy NE 317-290-7775 www.marchantteam.com - Carmel, IN
"Cindy in Indy" , Realtor, Fishers Real Estate

Chris, I used to do closing gifts and I still do a stamp pad with the new address for buyers, a picture (pencil drawing) of the house for my sellers if they were emotionally attached to their old home and sometimes windchimes (Hallmark has a nice set for around $75.00).  But, over the years, I have moved away from anything else and asked my clients to pick a charity that they support and then I donate part of my commissions to the charity in their name.  It helps the charity, and everybody feels good about it!

 

Aug 31, 2008 10:16 PM #16
Rainer
141,864
Freddy A. Saavedra
Essential Properties - Goodyear, AZ

I do gift cards to popular restaurants in the area. I try to stay well below $100 since there may be restrictions on how we spend money on clients and I dont wants anybody thinking im doing something wrong. I know its a bit paranoid but better safe than sorry.

Sep 02, 2008 07:49 AM #17
Rainmaker
62,904
Scott Mazza
Consumer's Title of Southern California - Thousand Oaks, CA

Hi Chris, something cool is getting them a copy of the grant deed to their new home and frame it for them. Pretty special and not expensive.

Sep 02, 2008 08:33 AM #18
Rainmaker
185,446
Debbie Arriero
PropertiesinCharlotte.com - Arriero Realty, Inc. - Charlotte, NC
Search South Charlotte , Homes for Sale - Charlott

Over the years, I have given anything from gift baskets, to gift cards, to Christmas presents, to door knockers, and on and on.  I stopped giving gifts years ago - doctors, dentists, attorneys don't give out gifts, and I've sorta followed along that rule.

 

Sep 02, 2008 05:46 PM #19
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