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Luxury Real Estate Marketing: To Gift or Not to Gift?

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Services for Real Estate Pros with Napa Consultants DRE00893924


 

To gift or not to gift?  That is the question. Many agents who are involved in the business of luxury real estate marketing feel the need to give closing gifts to their clients. If you are going to do this, give a gift that tells a story so they remember you long after receiving the gift.  That way they will tell the story to their friends and promote you in the process.

One of the great gift giving stories took place in Russia when Tsar Alexander lll gave his wife an object d'art in the form of a bejeweled egg crafted by Peter Carl Fabergé, a goldsmith appointed as the designated jeweler to the Imperial Crown.  His wife was so delighted with the gift that it became a tradition on each anniversary of their marriage to give a "Fabergé Egg" to his wife. He gave the master craftsman free reign in the creation of the gifts, which became an ongoing commission, but with the stipulation that the egg must contain a surprise inside.

Most of the eggs were made of precious metals and decorated with combinations of enamel and gem stones. The term "Fabergé egg" has become closely associated with luxury. Many are considered to be masterpieces and have sold in auction for millions of dollars. 

Some luxury real estate marketing professionals believe that their clients should give them gifts for delivering invaluable service. Either way be sure to gift yourself when you close a transaction!

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Comments(3)

Tamara Camden Vacation Rental Agent
All Rentals 2 Remember, inc. - Key West, FL

Hi Ron and Alexandra, I think clever gifting can leave a lasting impression and potential for repeat business.  Thanks for sharing the Faberge egg story. 

May 20, 2010 04:08 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Tamara,  Thanks for your comments. 

May 20, 2010 10:21 AM
Debbie Walsh
SHAHAR Management - Middletown, NY
Hudson Valley NY Real Estate 845.283-3036

I always give a gift when a transaction is done.  I have seen the discussions around here and LinkedIn lately about this and I am shocked at some of the attitudes.  I know there are thousands of agents out there and I like to show my appreciation for being chosen and for being appreciated (which does happen sometimes LOL) for my hard work.  It all depends on the person and the transaction but I will always give something suited to the situation.

May 25, 2010 10:48 AM