Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Real Estate > Real Estate Professionals
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 07-01-2014, 02:24 PM
 
106 posts, read 184,420 times
Reputation: 104

Advertisements

I was hoping someone could answer a gift-giving real estate etiquette question. I was working with a buyer's agent for several months, but was not successful in finding the right property. I decided to terminate my contract and go with a different agency. That was impatience on my part. However, I DID find the right home with this second agency. Would it be proper to send the first agent a modest "thank you" gift? I was thinking $100 cash or perhaps a gift card. Or, will this just be adding salt to the wound? Thanks for your help!
Reply With Quote Quick reply to this message

 
Old 07-01-2014, 02:44 PM
 
Location: los angeles county
1,763 posts, read 2,047,727 times
Reputation: 1877
Did the first agent have any faults, or was it all your fault?
Did you go with the 2nd agent thinking you would get better results?

If so, forget about the gift. He's already forgotten about you.
Reply With Quote Quick reply to this message
 
Old 07-01-2014, 03:22 PM
 
106 posts, read 184,420 times
Reputation: 104
Quote:
Originally Posted by oh come on! View Post
Did the first agent have any faults, or was it all your fault?
Did you go with the 2nd agent thinking you would get better results?

If so, forget about the gift. He's already forgotten about you.
Oh - I though real estate was all about building relationships. Interesting. Thanks for your insight.
Reply With Quote Quick reply to this message
 
Old 07-01-2014, 03:25 PM
 
5,133 posts, read 4,486,386 times
Reputation: 9976
I see no reason to give the first agent a gift.

Gifts are given to agents as a gesture of appreciation for helping you find a house. The first agent did not do this.
Reply With Quote Quick reply to this message
 
Old 07-01-2014, 03:42 PM
 
Location: Prescott, AZ
174 posts, read 396,814 times
Reputation: 106
Would you feel comfortable referring someone to the first agent? Is the first agent someone you could picture yourself hanging out with on the weekends? That may help with whether or not you should give them a gift.

Either way DO NOT send them a cash gift. Often times they will then have to split it with the broker, if you send then a gift card of some sort they don't have to split and is a much better solution.

-Trent
Reply With Quote Quick reply to this message
 
Old 07-01-2014, 03:52 PM
 
Location: Mokelumne Hill, CA & El Pescadero, BCS MX.
6,957 posts, read 22,313,597 times
Reputation: 6471
Quote:
Originally Posted by oh come on! View Post

If so, forget about the gift. He's already forgotten about you.
I'm going to guess this is why you haven't had more success (Based on other posts you've made) in the business.

For the OP. Sure go for it. I wouldn't go much over $50, but feel free.
Reply With Quote Quick reply to this message
 
Old 07-01-2014, 03:58 PM
 
Location: Barrington
63,919 posts, read 46,748,172 times
Reputation: 20674
I guarantee you your first agent has not forgotten.

Send a thank you note.
The best thank you is a referral.
Reply With Quote Quick reply to this message
 
Old 07-01-2014, 06:03 PM
 
106 posts, read 184,420 times
Reputation: 104
Quote:
Originally Posted by TrentBeaver View Post
Would you feel comfortable referring someone to the first agent? Is the first agent someone you could picture yourself hanging out with on the weekends? That may help with whether or not you should give them a gift.

Either way DO NOT send them a cash gift. Often times they will then have to split it with the broker, if you send then a gift card of some sort they don't have to split and is a much better solution.

-Trent
I think the agent is a good agent, but with the market being very hot she was busy focusing on her bigger clients (understandable). I like the idea of a gift card and didnt' realize that she would have to split a gift with her BIC. Thanks for the good advice!
Reply With Quote Quick reply to this message
 
Old 07-02-2014, 12:44 AM
 
Location: los angeles county
1,763 posts, read 2,047,727 times
Reputation: 1877
Quote:
Originally Posted by Missing_The_Greatland View Post
but with the market being very hot she was busy focusing on her bigger clients (understandable).

That's pretty revealing.

I stand by my original reply. If I were a buyer, I would not give a token of appreciation.
As an agent, I would not expect one either, since I did not wholeheartedly provide you with service.

If an agent can't handle the load (herself or through assistants), she should not be taking it on.
Reply With Quote Quick reply to this message
 
Old 07-02-2014, 09:01 AM
 
Location: Needham, MA
8,545 posts, read 14,030,644 times
Reputation: 7944
Quote:
Originally Posted by oh come on! View Post
Did the first agent have any faults, or was it all your fault?
Did you go with the 2nd agent thinking you would get better results?

If so, forget about the gift. He's already forgotten about you.
Quote:
Originally Posted by DMenscha View Post
I'm going to guess this is why you haven't had more success (Based on other posts you've made) in the business.
I've noted that as well.

Quote:
Originally Posted by Missing_The_Greatland View Post
I think the agent is a good agent, but with the market being very hot she was busy focusing on her bigger clients (understandable). I like the idea of a gift card and didnt' realize that she would have to split a gift with her BIC. Thanks for the good advice!
I would disagree. That's not understandable at all. I treat all my clients the same whether they're spending $2M or $200K. My time and attention comes on a first come first served basis but I will give priority if one matter is more urgent/time sensitive than another. It sounds like this agent treated you like a second class citizen and your comment makes it obvious that you noticed whether you were upset by it or not. I wouldn't personally send them anything based on that.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Real Estate > Real Estate Professionals

All times are GMT -6. The time now is 10:18 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top