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Successful real estate agents do a lot in terms of taking care of their clients and other people. They have to make sure that their clients are taken care of, and they also need to take care of their own customers’ needs. A memorable real estate closing gift provides a great excuse to stop by after they’re settled in a bit. You can spend a few minutes to deepen your relationship, find out how they’re doing and how they’re liking the new home, and also ask – pointedly yet prudently – for referrals. When deciding what to give a client for a closing gift, you should also consider using them astax deductions for real estate agents.
Depending on where you work, you might be able to get them skydiving lessons, horseback riding lessons, parasailing lessons, or something even more unique. Since your goal here is to be remembered, you might also want to get them something they’ll keep and use for a long time. That’s why Broker Becki Danchik of Warburg Realty Manhattan likes to give gifts that last. With the runaway success of companies like Blue Apron, there has been a veritable explosion of meal kit delivery services over the last few years. So instead of just one or two, you now have dozens to choose from.
How Much Money Should Realtors Spend on Closing Gifts?
Instead of giving the gift immediately at the close of the house, use the gift to welcome your client to their new home. Closing on a house can be stressful, and the closing gift will be a great surprise once the client has settled. Set the home buyer up with either a local interior designer or an online design consultation. Havenly and Laurel and Wolf are two examples of online interior design services to choose from. Many of these machines can even be controlled by a smartphone, so your clients can start brewing their perfect cup of coffee before they even get out of bed.
The best way to end your partnership with your client is to present them with a closing gift. That being said, they are sure to generate buzz and the winner will surely brag to their friends about where they got such an awesome prize. It’s no secret that real estate is a saturated and competitive industry . You want to differentiate yourself from other agents, but you’re struggling to expand your reach and engage with new audiences.
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With 1080p HD video, enhanced motion detection, privacy zones, and audio privacy, Ring 2 provides even more peace of mind. A high-end appliance like a stand mixer or vacuum cleaner is just the sort of thing a client needs but may not have the budget for soon after buying a home. You can make a lot more than ice cream in one of these machines. Help your client become acquainted with their new kitchen by giving them an in-home cooking class. Give your client the gift of safety and security with a Ring doorbell. If you want to gift someone an activity, an older adult may not want something that requires too much physical activity.
A cooking, painting, or pottery class are great opportunities for your clients to meet new friends in their community and make lasting memories. These gifts are also a great way to partner with and support local businesses in your housing market. Meal kit delivery services have risen in popularity in recent years as a way for busy people to quickly and conveniently cook healthy meals.
A Local Cooking Class
It's also a great way for them to get out and explore their new neighborhood. In real estate referrals and repeat business are important, and a closing gift is one way to ensure the buying or selling experience ends on a high note. A gift card can be attached to a bottle of wine from said winery for a thoughtful gift almost anyone would enjoy. This shows you were thoughtful and paid attention to their interest outside of their career.
Give them the gift of a wine club membership or a beautiful sampling of wines from the closest winery. One way we have shown our gratitude is by choosing gourmet food baskets. You can find so many options in a a variety of price points, plus since these are consumable, you can use this idea with the same client down the road. Harry & David is a go-to, because their food towers are also beautifully wrapped. You really get to know your clients during the selling process. If they let it slip that they may be in a transition home for awhile, you know they'll be living in a whirlwind of moving trucks and boxes.
A Custom Pen Set
In order to make sure you have the best chance of deducting your closing gifts from your taxes, be sure to keep all the receipts of your purchases. A gift certificate to a nursery is an option for clients who have a green thumb. Whether they're building a beautiful garden or buying a few houseplants, a gift certificate will come in handy. You can either find a local artist and commission a piece or use an online service to create a work of art for your client.
This four to eight-player Bocce ball set will be sure to help them have fun and create some great memories outside in their backyard. Typically, agents spend anywhere between 7%-15% of their commission on a closing gift to their clients. There is no way of knowing if your client already has an item you think is the perfect gift. A good practice is to offer your client three potential gift ideas and ask them what they prefer. Your client is sure to appreciate a personalized gift that suits their interests or personality.
Websites like Instapainting and Paint Your Life create custom paintings from photos. Send them a picture of your client's new home, and have the painting delivered directly to them. Pura sends their sets in a beautiful gift box, too, that is perfect for gifting.
Greenwich Village Manhattan agent Elise Ehrlich prefers taking her clients out to a fancy dinner complete with wine and flowers for a true celebration. “My favorite closing gift is a dinner at a fabulous local restaurant. When at all possible, I prefer to accompany the buyers or sellers to celebrate the closing and thank them for their trust. Chances are you got to know your client in what they love to do outside of the house, so this closing gift idea for realtors can help them do what they love and start exploring. That’s why it makes such a wonderful and appreciated present for any realtor.
I've compiled a list of the best closing gifts for your buyers and sellers, and included tips for picking out the perfect ‘thank you' surprise. While some of the gift ideas for buyers can work for a seller, too, there are also some very thoughtful ideas for sellers that they will really appreciate. And, their gratitude might just inspire them to sing your praises to their friends and family. After your agent samples fresh, quality gourmet spices, traditional grocery-store brands will never hold a candle to your gift. If you know your customers love outdoor barbecues, then this personalized grilling set is a fantastic way to score points with your clients. The spatula in this set features a built-in bottle opener, so it’s perfect for parties and beer connoisseurs.
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