| Oops DM = DW |
| Let's just be done with the whole realtor scam. Use redfin or another discount service and forget about gifts. You'll save 10s of the thousands just doing that. I predict in another decade a realtor will basically go the way of cashiers who have largely been replaced by LCD touch screens |
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In 2003 my agent spent approx $400 on gifts. More recently my horrible agent, gave us nothing other than a few empty boxes she had for me to use in packing. She was the worst agent, did the least, screwed things up and became nasty when I complained to her about not representing my interests.
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| I have gotten realtor gifts ranging from nothing to a ham to taking us to a nice lunch after the closing. I kind of don't care. |
| My realtor gave me a pizza oven - it was super generous and i love it (and her). She checked with my husband first - she knows i love to cook and ran the idea part him. Makes me love her even more - we’ve done at least 3 house deals together so far and her job skills are much more important to me than the gift - I’ll keep working with her even if she gave me nothing ever, but it was a very thoughtful and generous gift. |
This is interesting. If yes, would you expect a gift from a male realtor? |
You gave away 90% of a box of chocolates? |
| We got champagne, a small tool bag, and later a huge pie on Thanksgiving. |
| I was in my 20s, single and buying my first single family home. The house was 230,000. My gift was a key chain from Tiffany's. I liked it. She also treated me to lunch one day while we were looking at properties. |
| We got nothing, but she was a pretty good agent overall so I’m not salty. Or rather, to the extent I’m salty, it’s about things she did or didn’t do as our agent. Who cares about cheap gifts when you just did a million dollar transaction? |
| My house was $400k. I got $300 gift card to the best restaurant in town and an amazing flower bouquet from Winston’s. |
| My realtor gave us homemade jam at Xmas about 6 months after closing. I wasn’t impressed. |
+1 |
Every time I see someone post this I feel the need to correct it. The vast majority of realtors keep at least 85% of commission. Many keep more than that up to 100%. The places that pay 85% generally employ new agents, low producing no agents or like compass pay their agents a fee to obligate the agent to stay with them for many years. For a very high dollar even the fee could be $500,000. So when factored into the commission rate those agents generally earn 90%. Insurance typically runs agents $600/ yr. 90% of agents in the us spend less than $1K per year in marketing. 99% spend less than $10K/ yr marketing. Indeed he amount you pay is almost entirely kept by the agent, even after expenses. |
This. |