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Old 04-08-2014, 10:57 AM
 
1 posts, read 11,777 times
Reputation: 10

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Several months ago, a real estate agent showed us approximately 10 homes but we didn't find one that met all of our needs that didn't require a lot of updating. Since we couldn't find a home we liked, we decided to stay put in our current home for a while longer. Our real estate agent worked hard to try to find us a home so I would like to give our realtor a gift as a token our appreciation. I have heard that real estate agents cannot accept monetary gifts without giving a cut to the broker so I thought about sending her a gift card to a restaurant or department store instead. Does anyone know if agents are allowed to receive gift cards without having to give a cut to the broker? I also have no idea how much to give her. Since there are real estate agents on this forum, I was hoping someone could give me some advice on this matter. Our agent only sells a few homes a year so I really would like to send her something for helping us.
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Old 04-08-2014, 11:22 AM
 
Location: Mokelumne Hill, CA & El Pescadero, BCS MX.
6,958 posts, read 21,090,484 times
Reputation: 6439
Pretty sure only commission dollars need to be shared with the broker.

Having said that, one of my agent's customers gave us both a sample of the agricultural product that he raises. I'm afraid I had to re-gift it. Sealed inside a sandwich bag, it stunk up the office within 2 minutes!
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Old 04-08-2014, 12:32 PM
 
Location: Austin
7,238 posts, read 20,336,280 times
Reputation: 9977
Send her referrals. Referrals are valued a lot more than gifts.
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Old 04-08-2014, 09:16 PM
 
Location: Prescott, AZ
174 posts, read 366,576 times
Reputation: 106
To answer your original question, at least here in Arizona they wouldn't need to share a giftcard.

But as said, we always love a referral. If even though they didn't find you the home of your dreams, if they did a good job keep them in mind if you know of someone else looking to buy.

-Trent
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Old 04-09-2014, 05:36 AM
 
Location: los angeles county
1,764 posts, read 1,833,237 times
Reputation: 1877
Cost of doing business.
You're not the only client.

Just be sure to hire her again when you're in the market.
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Old 04-09-2014, 06:07 AM
 
Location: Madison, AL
3,298 posts, read 5,790,799 times
Reputation: 2666
Falconhead hit it. Send them referrals. Tell your friends or anyone you hear about looking to buy/sell how impressed you were. Ask for some of her business cards that you can hand out to friends/family. That is FAR more valuable than a gift card. I don't have to share gift cards and such with my broker....and that is a company policy. We have some builders in the area that give us gift cards as "bonuses" and he does not require I split that with him either.

A couple of years ago I had a client give me a card with $200 cash in it at closing. My broker told me just to give it to him, and he gave it right back to me, because that was cash money.

I feel awkward accepting gifts from clients, I don't know why. I appreciate it, but it just feels weird to me to be "gifted" for simply doing my job, even if circumstances change and they don't buy a house at that time. Maybe that's just me.
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Old 04-10-2014, 06:19 AM
 
Location: El Dorado Hills, CA
3,724 posts, read 9,409,928 times
Reputation: 3900
Referrals and great testimonials for their web site or Trulia/Zillow/Reator.com etc. are the BEST gifts.

And gift cards for gas and/or local car washes are also welcome, but certainly not necessary.
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