Realtors can’t ever go wrong buying champagne as a closing gift, right?

Wrong.

That’s the case if, unbeknownst to the agent, their client just finished a 12-step program (now presumably on Zoom, thanks to the Pandemic).

Or hates the restaurant you bought them a gift certificate to.

Or already has four kitchen knife sets (albeit, none with your name prominently engraved on them 🙂).

Which underscores the one, cardinal rule governing closing gifts: it’s anything — presumably home or moving-related — that the client will really appreciate (within limits).

“Know Your Client” (and deal size)

In that vein . . . it’s hard to top the Buyer’s agent who popped for a new dryer (or so I heard).

Apparently, the agent found out that the Buyer’s dad was buying a washing machine for the newly purchased home, and the agent arranged to buy a matching dryer.

P.S.: Before any clients send me an indignant email asking me where their new dryer is . . . the home in question was $1.5M.

See also, “I Guess That Would Literally Be a Housewarming Gift“; “Closing Table Etiquette: Safe ” and Taboo ” Topics“; and “Dress Code for Home Closings**“.

Plus:  “Will You Be at Closing?” (& Other Silly Questions)“; “Home Closing “Phews!” and Close Calls“; and “How to Blow a Seller’s Good Will ” and a $150 Closing Gift.”

About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.

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