Agents Online Real Estate Forums, Discussion, Realtors Marketing Tips

Follow AgentsOnline on Twitter

Click Here to display our logo on your site and link to us!
AgentsOnline Real Estate Discussion Forums Logo

Realtor CommunityA popular online real estate community since 1998!


Sponsored Links
How To Advertise Here
How To Advertise Here

Good Idea!
Realtor Promotion Service

Sponsored Links
(Views)Popular Topics
No new orders today 13144160
Stupid MLS comments. 3358045
What do you know about Froy Candelario, top agent in USA 1234932
Stupid QC comments and BPO requirements. 1107542
New HUD Listing Brokers---Any Update? 1062251
Is there religious content in Buffini class? 850424
Let's talk about our cars 702301
Name that Flick. Great movie Lines. 627592
Most common items found at an REO 625099
Pay it Forward - BPO/REO Tips & Tricks I & II 617952
EML 459235
Main Street 448766
asset val seminar in colorado 425337
assist 2 sell or 1 percent realty? 356023
HOMONYMS - There, Their, and They're 331455
Evalonline 300209
Land America 285053
Mainstreet 261860
Matched Content
Topic Options
Rate This Topic
#453255 - 06/30/16 05:33 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.

#453277 - 06/30/16 12:43 PM Re: Giving gifts? [Re: BXR]
David Hunter Offline
Major Contributor

Registered: 09/27/05
Posts: 1640
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

#453281 - 07/01/16 05:14 AM Re: Giving gifts? [Re: BXR]
Vermont Offline
Major Contributor

Registered: 04/12/08
Posts: 7856
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"

#453299 - 07/02/16 06:10 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!:)

#457112 - 03/29/17 01:38 PM Re: Giving gifts? [Re: BXR]
Chrispy Offline
Junior Member

Registered: 03/28/17
Posts: 8
Loc: Florida USA
In Florida, closing gifts are legal and quite normal. My firm has a unwritten $35 rule but it generally ignored and not ever enforced. A Realtor can pretty much do whatever they want with their money BUT it should not be given or promised as part of the deal or an inducement to make the deal. For example let's say the buyer and seller are $1,000 away on the purchase price and neither will budge and the deal is going sideways because of it. A Realtor could contribute a portion of the commission to the deal BUT cannot go to his buyer and tell them he will be giving them a $1,000 closing gift. Thats probably a non starter. That could be looked as splitting your commission with a non licensee. The perception of an inducement is vital.That is my two cents worth.

#457450 - 04/24/17 12:09 AM Re: Giving gifts? [Re: BXR]
Warranty Squad Offline
Junior Member

Registered: 04/24/17
Posts: 2
Loc: Georgia
I was also thinking about doing this. We recently got our license and we figured this may be a good idea but wondered if it was "frowned upon".

#457457 - 04/24/17 06:31 AM Re: Giving gifts? [Re: Vermont]
WolfHouse Offline

Registered: 04/03/17
Posts: 37
Loc: Winter Park, Florida (United S...
Originally Posted By: Vermont
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 !

This is really valuable advice for an entrepreneur! If you build everything you're doing around fear of what if fear, you really limit your potential. Sometimes you can even take yourself out entirely.
Wolf Wants Houses in Florida

#457547 - 04/27/17 03:24 PM Re: Giving gifts? [Re: BXR]
Dripping Springs Offline

Registered: 04/27/17
Posts: 30
Loc: TX
In Texas it's a gift of no more than $50
Ross Quade Realtor Extraordinaire
Visit my website to learn more about the Texas Hill Country just West of Weird!


Google Custom Forum Search

This Google Custom search may do a better job of searching the forums for some keywords than the old forum search does. The results do not include threads from the Asset Managers Forum however. To search that forum you will need to be actually in the Asset Managers Forum and you will need to use the old forum search below.

Newest Members
JayR, RichPoorBlocks, silex, Kelli, dayanne
30186 Registered Users
Who's Online
3 registered (STEW, Micah149, Z06Fanatic), 57 Guests and 3 Spiders online.
Key: Admin, Global Mod, Mod
Shout Box

Top Posters (30 Days)
Vermont 19
Trouble 14
estatereal 11
Z06Fanatic 9
newagent2028 8
HChomat 7
VABroker 5
silex 5
Roadfrontage 4
Micah149 4
kerage 4
Bigtoe 4
Mr. Clean 4
jdf21 3
GC8fan 3
Featured Member
Posts: 1

How To Advertise Here

This site presented by RNC Internet Services