When One Size Definitely Doesn’t Fit All What makes a good closing gift for home buyers? Anything the client really wants (within limits). “Know Your Client” (Again) In that vein . . . it’s hard to top the Buyer’s agent who popped for a new dryer (or so I recently heard). Apparently, the agent found out...Read More
When One Size Definitely Doesn’t Fit All What makes a good closing gift for home buyers? Anything the client really wants (within limits). “Know Your Client” (Again) In that vein . . . it’s hard to top the Buyer’s agent who popped for a new dryer (or so I recently heard). Apparently, the agent found out...Read More
Seller Christmas Present/Delayed Closing Gift If you’re a busy agent who’s been involved in lots of deals since last Summer, one of the biggest post-closing scares can be an email — like the one I received earlier this week — from a (selling) client who alerted me about an invoice they’d just gotten from Hennepin...Read More
Want to guess why the IRS limits Realtor gifts to clients to a measly $25 per person, per year? (at least, that’s the most that can be deducted). A. The IRS doesn’t think Realtors should give clients gifts. B. The IRS is worried about Realtors kicking back their commissions to clients. C. Clients don’t like...Read More
Penny Wise Foolish, Pound Foolish, or, “Minnesota Not-Nice” When it comes to real estate transactions, graciousness begets graciousness, and pettiness begets . . . lack of graciousness. In the vast majority of deals, whatever tensions may have accompanied the negotiations are long forgotten, clearing the way for a warm and amicable closing. Which is only natural: ...Read More
