Realtor Gift

ktbabe530 · February 2014

My FI and I are in the process of closing on our first home. Through the offer/counter offer process the seller asked the realtor's to take a cut on their commission to meet at my offer. Our realtor has been really helpful and have given us tons of information and has always been very accommodating to our schedules and I feel bad that his commission is being cut.

Is this typical? Should we get him a nice gift?

thanks!

MintWardrobe · February 2014

I think a gift is always a nice gesture, especially if you plan to do business with the Realtor in the future. We gave our Realtor a $100 Starbucks gift card, and she said we made her week. During all of our time with her we noticed she was rarely without a Starbucks - so that was an easy gift to pick out for her.

But, honestly the best gift you can give a Realtor is referral business. We were sure to ask our Realtor for several extra business cards to give out to friends and family.

She seemed even more grateful for helping spread her business than the Starbucks gift card.

cupcait927 · February 2014

We're planning on giving our buyer's agent a gift. She has been absolutely amazing and wonderful and I honestly don't know what we would do without her. I think FI and I are planning right now on a gift certificate to a nice restaurant for her and her husband to enjoy a night out and then also referring anyone and everyone we know to her and the team she works for.

iteachkids81 · February 2014

we gave our realtor a $100 prepaid visa gift card. I feel like he went above and beyond.

JoanE2012 · February 2014

I've never heard of it being typical to give a realtor a gift. In fact, ours gave US a gift! Our agent got a boatload of commission from the deal. We did write lovely testimonials and refer her whenever we can. That's worth more than any gift IMO.

jtmh2012 · February 2014

JoanE2012 said:

I've never heard of it being typical to give a realtor a gift. In fact, ours gave US a gift! Our agent got a boatload of commission from the deal.

This is my thought. These people got a check for a couple thousand dollars when the transaction completes. Why do I need to give them a gift?

emily1004 · February 2014

jtmh2012 said:

JoanE2012 said:

I've never heard of it being typical to give a realtor a gift. In fact, ours gave US a gift! Our agent got a boatload of commission from the deal.
This is my thought. These people got a check for a couple thousand dollars when the transaction completes. Why do I need to give them a gift?

Agreed, you don't have to get a gift. They just made a ton of money off that sale, and if they are full time they're probably getting several commission checks a month. Think of it this way, if you bought a $250K house that's a $7500 check for the REA. That's more than what some people make in a month. But ultimately it's up to you.

Sisugal · February 2014

Referals to anyone you know who is buying or selling a house is the best gift you can give.

daisy662 · February 2014

I agree with those that said a gift is not necessary as they are getting a big fat commission check. When we bought our home, my realtor gave us a gift basket worth probably $300 or more - it had a bunch of gift cards in it. I gave her a thank you note. My mom recently bought a condo and she loved her realtor. She wrote a letter to his boss recognizing him for what a fantastic job he did. I thought that was really nice.

short+sassy · April 2014

In your situation, I would definitely give my realtor a gift since they agreed to have their commission cut so you all could move forward with the sale. Granted, it also meant he got some commission instead of no commission if the sale hadn't gone through. But still. I like the suggestions of a gift card.

I didn't give my realtor a gift. She did a good job, but nothing above and beyond. I've definitely referred her to others, though unfortunately I don't think anything has come of it yet. At closing, she gave me a small gift and I've always thought that was so sweet!

ScKae · April 2014

@huavandat21: Universal Smart Phone/ Smart Tablet Stylus Pen - 5 Pack http://t.co/qg9ZPPjpPx very smart piece of technology.

formerlyGDaisy09 · April 2014

We didn't get our realtor a gift, then again she made her usual commission off the sale. and I think that she's been more thankful for referals we've sent her way. And we kept in contact as our home was a starter-home and I'd definitely use her to list it in the future.

JoanE2012 · May 2014

violetwater24 said:

Gifts are always a nice gesture if you want to express thanks to your agent. You don't need to spend a lot, but a gift card, bottle of wine, chocolate/fruit basket, etc. are all good. I like Harry & David for business gifts too. Good agents do work hard, so it's nice to know when it's been appreciated by a client. Agents also share their commission with their Broker taking anywhere from 60-90% of what is earned (depending upon the Broker and experience level of the Agent). Whatever you decide, there is no right or wrong on this one: do what you feel is right. Congrats on the closing.

And they are paid for it! Heck, I do hard work at my job. I guess I should get a gift every time I finish a report or project.

PS - You cannot advertise here.

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