Buying A Home
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Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
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Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Do you give your realtor anything?
When you buy a house, I know they get a percentage of whatever you pay but do you tip or give a gift for helping you or anything?? We're closing in 2 weeks and I keep thinking about this.
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Re: Do you give your realtor anything?
This was just asked a few posts down, here.
It seems like most people here don't give anything, but I feel strongly that you should, as long as the realtor provided good service. After taxes and their own agency's commission (i.e. my realtor had to pay Keller Williams out of his commission), they don't get paid nearly as much as you'd think. And who doesn't like recognition for a job well done?
We got our realtor a $50 gift card to a local baby store, since his wife was expecting about 6 weeks after we closed.
As someone mentioned in the other post, tipping when it's not "required" is never a bad thing. I also tip the mailman each year, and the recycling guys, and frequently people who come to my house to perform services (that sounded weird...I mean like cable guys and stuff, not escorts, ha!). I know I like my hard work to be recognized, so I do the same for others. We developed a great relationship with our agent, and he fought long and hard for us, so he absolutely deserved more than commission and referrals.
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I'm one of the people who did not give anything. But my realtor SUCKED. She handled the both the sale of our old house and the purchase of our new house, and she sucked. She always seemed to be arguing the other sides case. "That's a great price - you should take it." but every time, we got them down lower.
It was truly PAINFUL to watch the commission check being handed over to her at closing.
She was great administratively, but she wasn't a negotiator at all and she really left us to our own devices.
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We didn't give our realtor anything. She was fine, but honestly she didn't do much beyond shuttle papers back and forth between us and the seller (and that involved picking them up off her fax machine or opening an express mail envelope...it was a bank in CA, we're in VA, so she wasn't doing much else for them either). This was the only house she showed us, we didn't ask her advice on anything, and as a dual agent (which we didn't care about because she wasn't really involved with either party...we wouldn't have done that in a "regular" sale where she was in close contact with and advising the sellers) she made plenty in commission.
We wrote her a nice recommendation for her website and considered that enough.
No, I didn't.
And tipping postal service employees is a big no-no. They are not permitted to accept gifts of value over $5 and can lose their jobs for doing so.
This is what we did. We sent her a thank you note and referred her to our friends who ended up buying a place through her (in our group of friends she actually got 5 sales).
And anyways, she gave us a monetary gift, so I thought it would be odd to buy her a gift, which in turn is just from the money she gave us.
This is what I would think too;
Nope, no true. Uness this has changes since last Christmas (or is regional), postal workers can accept gifts as long as the value is under $20. I don't tip my postal worker with cash, I usually give a gift that is valued at less than $20 (per USPS guidelines).
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