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Closing gifts?

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jame0801
LIF Toddler

Member since 5/11

428 total posts

Name:

Closing gifts?

I heard someone say that they get gifts for the people that helped them at the closing (your mortgage guy, real estate agent etc). I love love our team and are so thankful for them but is that weird? Is it a thing lol? We are closing tomorrow Chat Icon

Posted 11/27/17 1:58 PM
 
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starbrightgirl8
LIF Adolescent

Member since 1/16

537 total posts

Name:

Closing gifts?

You're paying them, even if not directly, plenty. You don't need to get them a gift, but if you loved them then recommend them and write glowing reviews online. I think giving them more business is the best gift you can give, and it's helpful to people who need their services to get a good recommendation.

Posted 11/27/17 2:14 PM
 

LSP2005
Bunny kisses are so cute!

Member since 5/05

19458 total posts

Name:
L

Re: Closing gifts?

No, you are paying them. My mortgage co gave us a present, we could pick out of a book, and chose a really nice knife block set. Our realtor gave us cash and wine.

Posted 11/27/17 10:24 PM
 

jlm2008
LIF Adult

Member since 1/10

5092 total posts

Name:

Closing gifts?

I have never heard of this, that is insane! As pp said, they should be giving you a gift after all the money you spent!

Posted 11/28/17 8:08 AM
 

shadows
LIF Adult

Member since 1/10

4694 total posts

Name:

Closing gifts?

I've also heard people say this, but we never gave gifts. They're making a lot of money from the sale! Heck, I don't get extra "gifts" to do my job. I say NO you don't have to!

Congrats, hope it went well today!!

Posted 11/28/17 7:39 PM
 

MrsT809
LIF Adult

Member since 9/09

12167 total posts

Name:

Closing gifts?

We gave a gift basket to a few people but only bc they were friends of my parents so they all pretty much worked at cost for us. Otherwise I'd agree it's unnecessary.

Posted 11/28/17 7:45 PM
 

LuckyStar
LIF Adult

Member since 7/14

7274 total posts

Name:

Closing gifts?

We wrote them glowing recommendations. That's the best gift you can give.

Posted 11/28/17 8:28 PM
 

PennyCat
Just call me mommy :)

Member since 7/08

19084 total posts

Name:
Jib

Re: Closing gifts?

We worked with a FANTASTIC team. We wouldn’t be in our house right now if not for my agent. At the closing, the mortgage woman gave us a bottle of fancy wine. We gave our agent a very heartfelt thank you note and of course recommend her whenever possible.

I don’t think buying a gift is necessary at all, or the norm, but I’m sure people do all sorts of things so it depends what you’re comfortable with.

Message edited 11/29/2017 1:21:29 AM.

Posted 11/29/17 1:20 AM
 

RainyDay
LIF Adult

Member since 6/15

3990 total posts

Name:

Closing gifts?

We got a giftcard from our agent. We didnt give him anything

Posted 11/29/17 10:35 AM
 

luvbuffet
LIF Adult

Member since 7/10

6470 total posts

Name:

Re: Closing gifts?

I sold my coop and the agent gave me a huggggeeee orchid. She's also my bff. And when we bought our house our agent gave us a really nice bottle of wine and a fancy cutting board. He also invited us to a holiday party in two weeks as a thank you to all his clients

Posted 11/29/17 11:13 AM
 

hope123
LIF Adult

Member since 2/08

1097 total posts

Name:

Closing gifts?

No gifts exchanged at our closing. We knew at closing we wouldn’t be working with that agent again. If we really liked the agent, I would have bought a bottle of premium wine.

Posted 12/1/17 11:38 PM
 

TwinMommyToBoys
LIF Adult

Member since 12/16

2346 total posts

Name:

Closing gifts?

Hell no. Some guy was paid $500 at my closing to drop off paperwork... no no no no no. Although my realtor is amazing and bought us a $100 gift card and bottle of wine! Him I love!

Posted 12/2/17 6:27 AM
 

Christine Braun - Signature Premier Properties
LIFamilies Business

Member since 2/11

3992 total posts

Name:

Re: Closing gifts?

Buying a gift for a realtor (or other real estate professionals) is not necessary. As others have said, we get paid, and in this competitive business, I am always happy when someone chooses me as their agent.

I usually get a closing gift for my clients.

Occasionally they get me something like a gift card or a bottle of wine, or send something like an Edible Arrangement. It isn't necessary or expected at all, but a nice surprise.

But it's customary for realtors to get clients a closing gift (or at least I think they should!), not vice-versa.

Posted 12/12/17 11:32 AM
 

lightblue
LIF Adult

Member since 1/17

2249 total posts

Name:

Re: Closing gifts?

No, they are already making money off of you. Our realtor got us a Bed Bath and Beyond giftcard at closing.

Posted 12/13/17 11:45 AM
 

skew
LIF Adult

Member since 5/05

6794 total posts

Name:

Re: Closing gifts?

I purchased a condo recently. The paralegal and the realtor's administrative assistant were super helpful so I gave them each a $20 gift card to Starbucks. Just a small token of my appreciation for all their hard work.

My realtor gave me a $100 gift card.

Message edited 12/14/2017 10:02:21 AM.

Posted 12/14/17 10:01 AM
 

Paramount
Sweet!

Member since 7/12

4287 total posts

Name:

Closing gifts?

No. No gift needed or necessary. In fact our realtor sent US a bottle of veauve ;)

Posted 12/14/17 11:27 AM
 

MST9106
My life:)

Member since 6/06

9589 total posts

Name:

Re: Closing gifts?

I know this is an old post but I know its a good reference for others. Uhm no. WE were given gifts for giving these people business. Our mortgage broker gave us a few bottles of Moet to celebrate the closing and our agent gave us a fantastic reference book about the island. Everyone else just gave us a good price for their services lol

Posted 12/29/17 1:53 PM
 

smdl
I love Gary too..on a plate!

Member since 5/06

32461 total posts

Name:
me

Closing gifts?

It really is not necessary but of course this is really nice. It usually is the other way around. Your real estate agent/broker may get you a gift.

Posted 12/29/17 10:01 PM
 
 

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