LaShonda Solomon, Serving Cobb, Paulding, Douglas, Bartow Counties (Atlanta Communities Real Estate Brokerage)

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Ken Jones, ASA, SCGREA
Kenneth J. Jones - Newark, NJ
Kenneth J. Jones

LaShonda Solomon My max amount is ZERO!

I don't and never have given closing gifts.

I'm not so desperate for "love" that I need to stoop to the level of a groveling beggar.

I never get gifts from my lawyers, my cpa, my dentist, nor from any other professional.

That's because PROFESSIONALS DON'T GIVE THEIR CLIENTS GIFTS - THEY GIVE THEM PROFESSIONAL SERVICE.

Nov 30, 2017 11:31 AM
Ambassador
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Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I do handwritten thank you notes but do not give gifts. Hopefully the service is what they consider a gift.

Nov 30, 2017 12:04 PM
Rainmaker
882,062
Corinne Guest, Managing Broker
Barrington Realty Company - Barrington, IL
The Choice of Professionals

Another way of making your life more complicated. I don't do closing gifts, I make friends and we go to lunch but that's just one or two peeps a year.

Nov 30, 2017 11:48 AM
Rainmaker
2,099,069
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

I virtually never do closing gifts. I do contribute in my clients' names out of my commission check to the Children's Miracle Network.

Nov 30, 2017 11:30 AM
Rainmaker
689,537
Jennifer Mackay
Keller Williams Success Realty - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

I make baskets based on the purchase type:

Beach Condos get a basket with towels, sand pails (for kids), plastic cups etc.

Homes get snacks, tools and a few other goodies

Commercial buildings get lunch!

 

Nov 30, 2017 03:19 PM
Ambassador
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Fred Griffin
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 No closing gifts.  I do invite them to an upscale restaurant for dinner. My wife joins us.  I  follow up  several times per year, with an invite for coffee or lunch.

Nov 30, 2017 02:58 PM
Rainmaker
626,373
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

No need to create gift "expectations" among clients, especially as an "annuity" of sorts.

Nov 30, 2017 12:17 PM
Rainmaker
22,079
Steve Penner
Royal LePage / Moneyledgers Software - Winnipeg, MB
REALTOR / Owner of Moneyledgers

I only give a small gift of appreciation to anyone who "refers" me... but to the client, I simply provide top notch service and express gratitude in a note, etc.  As pointed out in other answers... other service providers do not give gifts for providing services... why would agents?  

Nov 30, 2017 02:14 PM
Rainmaker
175,616
Allie Angeloni
Long Realty - Oro Valley, AZ

We used to give Closing Gifts, though when I became a realtor, and Roger and I became A Team, I was not in favor of it LaShonda Solomon.  The same gift could not go to everyone.  For example, with our older clients, giving a Gift Card to Home Depot (for painting or home repairs) would mean nothing, when they are selling their home and going to a Care Facility.  And a Restaurant Gift Card was very subjective, provided you even knew what places they liked.  Also, some of our older clients move to another state to be close to adult children and grand-kiddos.  So a very nice card always works, and they may have that 'longer' than a Gift Card that is used and then forgotten . . .  I could not see with different clients, and not all in our state, doing items of value throughout the year.  What is of value to me might not be to them. 

Nov 30, 2017 03:05 PM
Rainmaker
359,069
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

I do not.

Nov 30, 2017 02:33 PM
Rainmaker
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Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

What can you get a buyer or seller they alredy dont have or want? If you answer that, then go at it as led to do not thought to do

Nov 30, 2017 12:44 PM
Rainmaker
1,609,642
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

I do not believe in closing gifts ! If anything , it should be a House Warming (post settlement) !!!

Dec 01, 2017 05:28 AM
Rainmaker
539,723
Richard Bazinet /MBA, CRS, ABR
AZuRE Team - Realty ONE Group - Scottsdale, AZ
Phoenix Scottsdale Real Estate

Closing gifts = 0. 

Nov 30, 2017 08:16 PM
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Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams fox cities - Stevens Point, WI
Forestland Experts! 715-204-9671

I agree with your coach, closing gifts are over emphasized, best to develop a plan to keep in touch with them in simple inexpensive ways for the next decade.

Nov 30, 2017 04:51 PM
Rainmaker
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

I have never needed to give closing gifts. 

Service beyond expectations will result in good relationships and referrals.

Nov 30, 2017 03:55 PM
Rainmaker
313,013
Diana Dahlberg
1 MONTH REALTY - Kenosha, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

I give a Welcome Basket (no cost to me) that is compiled by local vendors ... however, I often throw something nice into the basket so they also get something from me.  I do not spend alot of money.  It's really true ... it's the thought that counts.

Nov 30, 2017 03:31 PM
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

At this stage in my career, I don't think it is necessary to give closing gifts and it certainly isn't about the amount if you do. If you want to do something nice, do it.

Nov 30, 2017 03:28 PM
Rainmaker
2,372,290
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker

My attorney does not give me gifts nor does my accountant or doctor. So as a professional I do not give gifts either. It is a personal choice. My first broker gave gifts to her customers all the time!

Nov 30, 2017 01:50 PM
Rainmaker
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Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

LaShonda Solomon Save your money and put it into marketing.

Nov 30, 2017 01:08 PM
Rainmaker
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Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

There may be some RESPA concerns regarding this question. 

Do I have a limit? No.

What I do have is the need to provide something relevant that leads the their immersion or engagement in the community. It could be a sunset cruise, kayak trip or a backyard BBQ where they can meet their neighbors and discover their skill sets and who has want tool they can borrow.

I do invite my A List to the "Annette Safari" each year on the Weeki - Wachee. I do invite my A List to be my guest at special presentation at the Leepa Ratner museum.   And most important, a dinner cruise where each rises to the cause and sets an appointment to introduce me to a special someone they know.

Divide your marketing budget by the number of closing and you get an Idea of what each client is costing. Now you can give great thought regarding the most effective way to invest those dollars.

Nov 30, 2017 12:39 PM
Rainmaker
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I agree with Ken.

Nov 30, 2017 12:14 PM
Rainmaker
968,649
Ryan Huggins - Thousand Oaks, CA
www.HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I do not do closing gifts.  With the exception of a body shop I use, I have never gotten a closing gift from any professional (unless you count that toothpaste bag from the dentist as a gift).

 

Closing gifts may be more "palatable" as house warming gifts though.  My mom is old school and we are always going back and forth on this issue.

 

I know Thomas J. Nelson, Realtor,CRS,e-Pro takes a different approach and does pop-bys and client appreciation events (both big and small).  That idea I like better.

Dec 01, 2017 09:20 AM
Rainmaker
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I like the coaches idea.

Dec 01, 2017 06:21 AM
Rainmaker
492,288
Nathan Gesner
American West Realty & Management - Cody, WY
Broker / Property Manager

I don't spend a lot on closing gifts. Usually a coffee-table book or taking them out to dinner.

Dec 01, 2017 05:54 AM
Rainmaker
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Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

I like to get to know the client and then take each one individually as to what i do

Dec 01, 2017 05:14 AM
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Tony and Suzanne Marriott, Associate Brokers
Haven Express @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

Richard Bazinet /MBA, CRS, ABR nailed this one!

Dec 01, 2017 03:41 AM
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Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Los Angeles CA

I'm fully agree with your coach since this is the only way we can operate limited by tini gift amount. 

Nov 30, 2017 11:41 PM
Rainmaker
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William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I very seldom do gifts.

Nov 30, 2017 10:44 PM
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Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I come with the house and give service after the sale if they need advice or help with real estate issues.  I market this and it's served me well for repeat clients and referrals. 

Nov 30, 2017 07:37 PM
Rainmaker
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Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale - Probate Broker

I say this with full respect:  therein lies another issue with coaching.  People seem to be unable to be independent thinkers and know what is best for them and their business.  

Nov 30, 2017 05:52 PM
Rainmaker
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Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

I will give gifts according to how I feel about giving the gift at that time. Dollar amount never figures in, nor does allocation or frequency. Is that a good practice? I do not know. Is it me being me? That's what it is!

Nov 30, 2017 05:07 PM
Rainmaker
3,222,395
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

My gifts are usually something the client would need, not based on an amount.

Dec 06, 2017 10:23 AM
Rainmaker
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Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Depends,  Buyers I throw a house warming party for them and up to 40 of their friends,  sellers I known what they need for there new home and figure a gift card to some place.

 

Dec 02, 2017 11:38 AM
Ambassador
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Paul S. Henderson, REALTOR®,CRS,
RE/MAX Professionals. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

This all depends on the price of the house. A Starbucks card is not equal to a million dollar you just sold...

Dec 01, 2017 03:24 PM