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#453255 - 06/30/16 10:33 AM Giving gifts?
BXR Offline
Junior Member

Registered: 06/30/16
Posts: 3
Loc: Texas
Hello, I had a quick question. I am VERY new to the real estate game and am confused.

Am I allowed to give a gift to a client after they put me down as the referral? I've heard a lot about agents giving 'Closing Gifts', but then I read somewhere else that you can spend a year in jail for something like that.

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#453277 - 06/30/16 05:43 PM Re: Giving gifts? [Re: BXR]
David Hunter Offline
Major Contributor

Registered: 09/27/05
Posts: 1560
Loc: Cleveland, Ohio
Howdy! I did respond to your welcome message.

I would check with your state's licensing laws about closing gifts.
_________________________
David Hunter | Retired RE Agent |Direct-Response Marketer
www.DukeOfMarketing.com/7-Real-Estate-Marketing-Strategies/
www.TheSaviorsMinistry.org


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#453281 - 07/01/16 10:14 AM Re: Giving gifts? [Re: BXR]
Vermont Offline
Major Contributor

Registered: 04/12/08
Posts: 7495
Loc: Vermont's North-East Kingdom
Originally Posted By: BXR
". . . Am I allowed to give a gift to a client after they put me down as the referral? . . ."

You can't go through life being afraid of your own shadow !

Most Real Estate Rules and Regulations are really quite practical, and not all that bizarre . . . . or causing you to deviate all that much from normal human courtesy or making gestures of thanks.

If prohibiting token gifts of appreciation were the case here in Vermont, I would be living in the Cross Bar Hotel for the rest of my life for giving subscriptions to the local Newspapers. Who's going to prosecute me for that ?

I doubt that Texas is much different. You probably heard about illegal Commission "kickbacks" that should be disclosed under RESPA. Check with your own Broker and consider it as Continuing Education.
_________________________
Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont
Where We're Always Striving To Put Together "THE FAIR DEAL"

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#453299 - 07/02/16 11:10 PM Re: Giving gifts? [Re: Vermont]
BXR Offline
Junior Member

Registered: 06/30/16
Posts: 3
Loc: Texas
Haha, thank you very much!
I appreciate the response!:)

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