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Real Estate
| We met an agent who said she throws a big Xmas party every year and gives presents to ALL her customers on a yearly basis. We went with another agent though who we thought did a very good job on an unusual and difficult negotiation. It's was a 2.4 mil sale and we did not get a present but I didn't expect one. |
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Ours gave us champagne and glasses with our city on them at closing.
A few weeks later, she gave us tickets to a basketball game. She mails us Girl Scout cookies every year. Just the other day we came home and found a gift bag with beer glasses from her on our porch. We bought our house 3 years ago for about $200k. |
What a strange response. This op is not asking for a realtor. |
A) A realtor splits 50/50 with the other agent in the transaction and 50/50 with their own broker/agency so they only "pocket" (you mean gross, of course, before taxes and expenses) a quarter of the 5-6% commission. B) I've been in consulting for 20 years and clients routinely pay me $20,000 for a weeks work. It would never occur to me or them to exchange gifts!? |
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My realtor sends me stupid trinkets/junk every few months and it's really annoying.
It's just another reminder of how excessive their commission is for the work done. I also found a house quickly and closed within 45 days. If I ever buy/sell again, I'm handling it without a realtor or at the very least using Redfin. But seriously, would you like the branded picnic blanket, ice cream scoop, apple butter, motivational book, and other trash that my realtor sends me? I do not, and I'll gladly send it your way. |
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Neither did mine. And she said she would. And she told me what it would be. And she lives beside me now. And she's mentioned more than once, but the last time was a few months ago.
Do what you say. And say what you mean. |
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hello
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| Neither did ours, but he did such a great job with everything I don't really care. Saved us tons of money, which is worth much more than a gift basket. |
| Moved to Mont Cty from FFx. We got reusable shopping bags. |
A). 5% of 2 mil is 100k. The realtor's quarter is 25k plus. B). If all other consultants wrote a thank you note and wined/dined clients but YOU didn't, it might stand out. C). Buying a home is an emotional transaction as well as financial. It's very thoughtful to welcome your clients in their new neighborhood and show appreciation for their business. Marketing studies show that on top of customer service, a small gift increases recommendations and repeat business in this industry. However, if the agent was lousy, a gift would do nothing to change a bad experience. |
Only chumps give their broker 50% |
| Interesting to consider the gift impact. Our agent we sold with was a regrettable choice. We actually fired him and took our home off the market at the 11th hour. Then, suddenly we had a deal on the table in the next day or so, so we were willing to move forward with him on that one bid. We did end up selling the house, but would never recommend him to anyone else, and he burned the bridge with the people who had recommended him to us as well, as they were in on our saga. At the closing, the buyer's agent brought an obvious bottle of champagne for the buyers and congratulated them on their home purchase. My agent shook my hand and walked out. Never heard from him again. We actually had more contact after from our real estate attorney, who checked in on us with the move and offered well wishes. In hindsight we'd be less bitter about our agent if he had done anything to try and repair the relationship at the end. Instead it just felt gross and transactional, but also "I got mine, so glad to be done with you people." |
| Call them up and see if you can undo the purchase unless the gift is delivered to you and placed at your feet. |
Hold the train, what is your problem with apple butter?? |
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Agent gave us a nice welcome home gift basket with some snacks, champagne bottle, and basic house necessities like a roll of to. Followed up with a Christmas gift. She's great!
There's a local agent who also has a moving truck and offers it for free to his customers. Every fall he also sends a fridge magnet with Redskins, Ravens, UVA, and VA Tech football schedules on it |