What is a good closing gift from a realtor?
Something the household uses for years with the agent's mark kept discreet: a laser-engraved bamboo cutting board with the brokerage on the back, a pair of insulated wine tumblers, a house-shaped key ring and a homeowner's guide with vendor QR links. The Housewarming Classic, First-Time Buyer Toolbox and Luxury Listing Close kits scale to the transaction.
Can a realtor give a gift for a referral under RESPA?
Not for referring settlement business. RESPA Section 8 prohibits any thing of value in exchange for such referrals and has no small-gift exception, so a keychain and a vacation face the same test. Normal promotional items and events open to everyone, not conditioned on referrals, are typically allowed. Ask your broker or compliance counsel before running any referral program.
How much should a realtor spend on a closing gift?
Scale the gift to the transaction and the relationship rather than a fixed number: a toolbox kit for first-time buyers, an engraved board set for typical closings, and a Luxury throw-and-board set for high-value listings. Remember the IRS per-recipient deduction cap when budgeting. Compare the from-price shown on each closing kit.
What should be in a tenant welcome package?
Place it on the kitchen counter at move-in: keys on a branded key tag, a magnet with the maintenance number, a flat-packed tote and a few day-one snacks. Better tiers add a multi-bit screwdriver, ceramic mug or tumbler; reserve an engraved board and deluxe tool kit for lease renewals. See the Move-In Counter Kits and Lease Renewal kit.
Are closing gifts tax deductible for real estate agents?
Generally yes as a business gift, but the IRS caps the deduction per recipient per year; engraving, packaging and shipping typically sit outside the cap. Low-cost items with a permanent imprint that you distribute widely, such as pop-by flashlights, are typically treated as advertising instead. Keep the recipient and cost on file and confirm with your tax preparer.
+1 item
