It can be difficult to find the ideal closing gifts for each buyer and seller you work with as a realtor. A personalized, handwritten note of appreciation is required, even though giving your client a housewarming or parting gift is a common but optional gesture. In terms of social etiquette, don’t undervalue its significance. The best closing gifts you can give a real estate agent are testimonials, recommendations, and thank-you notes, even though they may seem like the simplest or least creative things to do.
Realtor Gifts
Giving an agent closing gifts at closing on a real estate transaction is a significant gesture, so make sure they convey the right message. After all, if done properly, these presents will aid in the development of enduring relationships with all of your clients. Even better, it might facilitate future referrals that will expand your circle of influence. It’s a wonderful way to celebrate your client’s upcoming new chapter as well as the closing of an old one.
Although you should probably limit yourself to 1% to 5% of your total transaction commission if you’re trying to stay within a certain spending limit, It’s important to keep in mind that giving your agent real estate closing gifts that costs too much may come across as phony and unwelcoming. In choosing a gift, you should be considerate and select something that showcases your familiarity with your recipients.
Why Give Your Real Estate Agent Closing Gifts?
#1. Building a Long-Lasting Relationship With Real Estate Agent or Realtor
It can be very beneficial for you as a real estate agent to purchase or find the ideal closing gifts because it will not only make the recipient feel special. The closing gift will probably be the client’s first housewarming present, so you have a fantastic chance to make it special. Personalized gifts are typically the best choice because they leave a lasting impression that the recipient will remember for years.
#2. Closing Gifts Help Customers Remember Your Real Estate Company
Every time they use it or see it, if they remember you, they will be reminded of the assistance you offered. They will think of you first if they ever need a real estate agent again or know someone who does. The ability to give gifts well will increase your likelihood of getting recommendations from previous customers.
#3. Gifts Given at Closing on Real Estate Generate References
The likelihood that a client will post a favorable review or testimonial on your brokerage page, personal website, or social media page increases if you give them a unique closing gift that piques their interest. Additionally, it will increase the number of incoming calls you receive. Finding the ideal realtor closing gifts is primarily done to establish a relationship with your client.
Best Realtor Gifts
#1. A Customized Basket of Gifts
Because you can fill the gift basket with a variety of expensive and inexpensive items, this is one of the ideal realtor closing gifts for a real estate agent. It’s simple to add a few expensive items while filling the gift basket with other less pricey things that are still useful. Additionally, this is an excellent way to incorporate everything you learned from talking to your client. Put their favorite tea or coffee in the basket, for instance, if they have one. If they have a favorite sports team, leave a yard sign or magnet for them. Gift baskets can be made in a wide range of price ranges and are highly customizable.
#2. Personalized Cross Pen
If you want to give your realtor closing gifts that she will use, consider a personalized pen. Every time real estate agents use this pen to fill out the extensive paperwork they have to complete, they’ll be gratefully reminded of how they assisted you in buying or selling a home.
#3. Serving Bowls and Dishes
For many customers, kitchenware and serving pieces make wonderful housewarming presents. This kind of gift will stand out in the minds of first-time homeowners who probably don’t have many high-quality, long-lasting possessions yet. They will be reminded by a set of serving utensils that they now have enough room in their home to host visitors. They make a wonderful, distinctive gift for a housewarming celebration, which gives your clients the perfect chance to brag to friends and family about the closing gifts they got from their real estate agent.
#4. A Spa Day
A gift certificate to a nearby spa is a wonderful present for customers who recently moved. Giving your clients a day of relaxation is the ideal way to show them that you’ve been listening, especially since moving across the country can be incredibly stressful. Additionally, customers can choose the spa services they want.
#5. An Artwork
For their clients’ benefit, many real estate agents enjoy utilizing the city’s vibrant art community. Clients will appreciate receiving a straightforward craft, painting, or drawing created by a nearby artist as a parting gift. It’s simple to customize, can be affordable, and still demonstrates your concern for the client.
#6. Gift a Class
Give your customers the gift of a local experience rather than something tangible. Thank you for providing them with this enjoyable opportunity to create new memories. Look into local cooking, painting, or pottery studios where your clients can go out and socialize. This is a wonderful present for customers who are new to the region and haven’t had much time to explore the city. Additionally, this kind of parting gift is a wonderful way to collaborate with and aid regional companies in your market.
#7. Professional Services
The painters, handymen, interior designers, and landscapers in your area are probably people you know personally from your time as an agent. The new work will be well-received by your business associates, and your clients will be appreciative that they won’t need to request quotes from multiple sources.
Realtor Gifts to Clients
Real estate brokers are conscious of the fact that purchasing a new home is frequently one of their clients’ most significant financial choices. Finding the ideal property requires a lot of effort from both real estate agents and their clients. Real estate agents are heavily dependent on word of mouth and repeat customers because their industry is relationship-building, which helps them generate leads.
You’ve spent a lot of time with your clients during the home-buying process learning about their priorities, preferences, interests, favorite activities, and long-term objectives. Personalized realtor closing gifts are a crucial component of your real estate marketing strategy and a step toward creating a long-lasting impression of your clients who have put their trust in your real estate expertise.
#1. Bottle of Wine
This offers the opportunity for new homeowners to enjoy a fine bottle of wine or champagne. Another choice is to accompany the bottle of wine with specialty wine glasses or a food basket filled with foods that complement the notes on the varietal tasting. As a minimum, allocate $25 for each bottle.
#2. A Local Restaurant’s Gift Card
It’s worth celebrating whether your clients were the sellers or the buyers because they both accomplished a goal. A gift certificate to a brand-new eatery or a reputable establishment serving their preferred cuisine might be the ideal parting present, especially for foodies. Prices at restaurants can range from affordable to upscale. Just be sure your gift card is big enough to pay for the entire meal and the tip!
#3. Coffee Mugs
Uncovering an old, comfortable sweater that has been kept hidden for the first chill of the season is how one coffee drinker compares their one special mug. Its perfect fit provides comfort. Whether you choose to personalize a regular mug or go with a handcrafted artisan option, a nice coffee mug makes a thoughtful thank-you gift that honors the journey you’ve taken together. You might want to add a pound of the type or brand of coffee your client likes to the present to make it more special. A pound of high-quality coffee costs around $13.
#4. Flowers
Fresh flower bouquets are the best way to welcome someone home. Consult a florist to make sure the arrangement they design reflects the client’s personality and sense of style. An unusual display made especially for them can appeal to both men and women. The price of flower arrangements varies, so speak with your neighborhood florist to find a solution that fits your budget.
On closing day, you can give simple, affordable gifts like fresh flowers. They enhance beautiful rooms in the client’s new house and give it a pleasant scent. Additionally, it’s a great idea to purchase them while they are still in bloom so that your client’s friends and family can enjoy them when they visit the house for the first time.
#5. Gift Card for the Hardware Store
Gift certificates to the neighborhood hardware store are a great way to welcome your clients to homeownership. This gift card, which offers the recipient options like picture hanging kits and power tools, will undoubtedly be useful.
#6. Potted Plants
Potted plants are a wonderful way to enhance the landscaping of your client’s homes. Plants are thoughtful farewell presents that express well wishes and good fortune if your seller is relocating to a new location. Potted plants not only add beauty to a space but also have environmental and health benefits for your clients. Furthermore, it will remain in your clients’ minds as a lasting gift. Always take your client’s ability to care for the plant, its size, potential allergies, and toxicity into account when giving plants as gifts.
What Is a Closing Gift?
An agent will frequently give a client a closing gift to celebrate the client’s property closing. One of the most crucial exchanges you have with a customer is the part where you give them a gift as a thank-you. A closing gift conveys a lot about your time together to your client. In addition to ensuring that your clients remember you and your excellent service, real estate closing gifts are an efficient way to commemorate the completion of selling or purchasing a new home.
What Is the Best Gift for a Real Estate Agent?
- A customized coffee cup.
- Gift cards for coffee shops.
- Gift baskets & flowers.
- Personalized business card case.
- Portable phone charger.
- Solar cell phone charger.
- A beautiful pen
- Bottle of wine
- Personalized journal
- Real Estate books
Is It Proper Etiquette to Give a Realtor Gifts?
While giving a client a gift is customary for agents, it is not typically expected for you to do the same for your realtor. However, making a special effort to express your gratitude will go a long way and will be remembered. After closing, you are under no obligation to present your realtor with a gift unless you choose to.
Should I Bring a Gift for Closing?
If there are no conditions attached, you may give your clients gifts. It is acceptable to present a client with a gift at closing to express your gratitude for having them select you as their Realtor. In contrast, you are not permitted to offer them gifts in return for recommendations or positive reviews. A parting gift can express appreciation. Home purchases are at an all-time high, which demonstrates your appreciation to your customers. Giving a closing gift serves as a congratulatory gesture of goodwill and occurs after the process is finished.
What Not to Do After Closing?
- Don’t Make Expensive Purchases
- Never forget to replace the locks.
- Don’t forget to keep your paperwork organized and secure.
- Do not neglect the cleaning procedure
- Don’t start a new credit line.
- Keep all credit accounts open.
- Do not quit your job
- Never overlook conducting a home inspection.
How Do You Celebrate After Closing on a House?
- Cook a Special Meal
- Throw a Housewarming Party
Conclusion
Whatever you choose to give your real estate agent, giving them closing gifts will keep you and your customer service abilities in their minds. Your closing gifts may end up being among the most memorable presents your realtor has ever received with a little careful thought, preparation, and insight. When tax season comes around, closing gifts may be claimed as a tax deduction. However, there are some guidelines you must adhere to to benefit from the deduction.
You can only deduct $25 per gift that you purchase for a client. However, there is a simple workaround for this if you want to deduct more. To write off the entire gift, you need to put your branding on it. Your client will be reminded that you are the neighborhood real estate authority they can trust for years to come by the ideal closing gift, which is thoughtful and personalized. Choosing wisely and getting to know your clients well may result in the development of a lifelong relationship.
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