Closing Real Estate Gifts and Realtor Gifts, Decoded. | Arlo (2024)

Closing Real Estate Gifts and Realtor Gifts, Decoded. | Arlo (1)

From open house to “home sweet home”: find the perfect gift with Arlo.

Read Now

Share:

Buying (or selling) a new home is an incredible life moment that’s worth commemorating. Once you’ve handed over the keys, a thoughtful closing gift can help you foster a meaningful connection with your clients.

From a celebratory bottle of champagne to a monogrammed gift basket, a closing gift is a bit more complex than your standard gift for new homeowners. After all, a client gift must be personal yet not intrusive, thoughtful yet professional, and promote client referrals to expand your network.

Let’s explore how to find unique gifts to build long-lasting client relationships—and keep you on top of your real estate game for good.

Wait, what is a “closing” real estate gift?

Realtor closing gifts, also known as a closing gift, are a token of appreciation from an agent to their client to commemorate the buying or selling of a home. Why do realtors give closing gifts, and what are the benefits of a closing gift? Great question. Closing gifts for buyers and sellers are more than a simple gesture: They are an extension of the high-quality service you provided as a symbol of the strong relationship you’ve built with your clients.

Closing Real Estate Gifts and Realtor Gifts, Decoded. | Arlo (6)

A personalized, meaningful gift can establish trust in your services, and encourage getting more clients through excellent reviews and client referrals. A closing gift is a subtle way to advertise your personal brand to your clients at the end of your time together.

How much should a realtor spend on a closing gift?

In most cases, a handwritten note and a gift valued at roughly up to $300 is ideal, but you can spend more or less depending on your preference. In general, the industry standard for a client gift is roughly between 1% and 5% of the agent’s gross commission. For example, a 4% commission on a $400,000 home is $16,000. 1% of 16,000 is $160 and 5% is $800, so a gift between $160 and $800 is ideal.

It’s no secret that it can be challenging to figure out the appropriate budget for a closing gift. A real estate agent should consider a few key factors before swiping that credit card, including their client base, tenure in the industry, and—perhaps most important of all—the overall price of a home.

Plus, realtor closing gifts are tax deductible. The IRS allows real estate agents in the United States to deduct business gifts up to $25 per person, per year.

What are the best gifts for real estate agents to give clients?

The best gift is a personalized item. Gift options can seem endless, and there’s no one-size-fits-all solution. One thing is clear: Customized gifts go a long way. You could keep it classic with a bottle of red wine or go the sentimental route with engraved coasters. Or, even better, pair engraved champagne flutes with a locally sourced bottle of champagne.

Let’s explore 6 great gifts to commemorate any real estate transaction.

1. Keep it classic with a bottle of wine or champagne.

Not sure where to start? No problem. Keep it classic with a bottle of red wine, white wine, or both. For an added personal touch, you could design and print your own wine label. Customize it with a label featuring the family’s name and add the year or date they moved in. For added accessories, consider an engraved wine opener, bottle can opener, or even a pizza cutter paired with a charcuterie board.

2. Commission a custom home portrait.

Chances are your client can’t wait to decorate. Commission a personalized piece of art to fill that blank space in their entryway. Consider booking an appointment with a local artist or commissioning a local graphic designer to draw a personalized portrait of their new home.

3. Offer more ways to answer your door with a video doorbell.

You can’t go wrong with home improvement gifts. Many homes, especially more dated homes, do not come with a functioning doorbell or don’t have any doorbell at all. Give them a head start on their security setup with a wired/wireless video doorbell such as the Arlo 2nd Gen Video Doorbell.

With a reliable video doorbell in place like Arlo’s 2K or HD Video Doorbell, your client can get head-to-toe coverage and a wide 180° Field of View.

4. Give customized stamp or return address labels.

Sending out “change of address” cards is probably at the top of your client’s to-do list. Make it easy for them to share their new address with a fun, self-inking address stamp. Simplify the process of updating their contact information with custom return address labels that add a personal touch to their mail.

5. Give peace of mind with a Home Security System.

It’s no secret that every home needs a home security system. (Trust us, here are 5 reasons why you really do.) Installing a home security setup has become increasingly popular and it’s easier than ever. On average, over one million home burglaries happen annually in the United States. Save your clients time and stress by giving them a new Home Security System today to help them protect their home & family, fast.

6. Treat them to a local night out with a gift certificate.

What better way to celebrate than with a night out on the town? While this may be a bit more of a splurge gift, consider a gift card to dinner or drinks at a local restaurant in their new neighborhood. For a more practical alternative, welcome your clients into the world of home ownership with a gift certificate to their local hardware store.

What are the best real estate agent gifts for sellers?

Whether you’re browsing listings for your dream home or looking to make a strong profit on your current home, a reliable real estate agent is invaluable. Hopefully your real estate agent went above and beyond to help you buy or sell your home.

While giving a gift to your realtor isn’t mandatory, a personal gift can be a great way to thank them for spending a lot of time and thought on your next step. Consider gifting them a bottle of wine, a personalized or monogrammed business card case, or even a gift card to their favorite coffee shop or retailer.

The best gift of all? Peace of mind with Arlo.

In today’s fast-paced world, Arlo offers the best gift of all: peace of mind. Help your clients pick the right spot to protect your property with a reliable Home Security System. Plus, they can see more at their front door (and easily prevent porch pirates) with a video doorbell. Whatever gift you give your clients, providing a closing gift will help your services stay top of mind and expand your network. With some thoughtful planning, the right closing gift can be as unforgettable as your client’s new “forever” home.

Shop Arlo Home Security System

Related Products

Arlo Home Security System Item No. The most versatile, customizable, and comprehensive smart home security system that you can easily setup yourself.$59.99 Shop Now
Arlo Video Doorbell Item No. Get head-to-toe coverage and a wide 180° Field of View ensuring that you see more of what's happening.$59.99 Shop Now

Related Articles

DIY Home Security Camera Systems: How to Build the Best One For You
Security System For Your Business: How To Build A DIY Security System Today
What Is The Best Security Camera For Apartments?
Wait, How Many Security Cameras Do I Need?
How to Hide an Outdoor Security Camera
What Are the Best Jobsite Security Cameras Out There?
What’s The Best Security Camera System For RVs?
How Do Solar Powered Security Cameras Work?

Articles by Category

Best Security Setups View Articles
Home Security Tips View Articles
Arlo Innovations View Articles
The Arlo Advantage View Articles
Closing Real Estate Gifts and Realtor Gifts, Decoded. | Arlo (2024)

FAQs

How much should realtors spend on closing gifts? ›

Realtors typically spend between $50 and $300 on closing gifts, with the exact amount often reflecting a percentage of the commission earned from the property sale. A common guideline is to spend around 1-5% of the commission on a closing gift.

Do people give realtors thank you gifts? ›

Agents will typically give their client a gift, but clients are not generally expected to give the REALTOR® a gift in return. However, a personalized gesture of gratitude is a great way to show appreciation and will have a lasting impact.

Is it proper etiquette to get your realtor a gift? ›

While giving a gift to your realtor isn't mandatory, a personal gift can be a great way to thank them for spending a lot of time and thought on your next step.

Can a realtor deduct gifts to clients? ›

Client Gifts

You can deduct up to $25 of the cost of business gifts that you give to each person throughout the year. If you and a spouse give gifts to the same person, you can only deduct the cost of one gift. Incidental costs (packaging, shipping, wrapping, etc.) are not included in the $25 limit.

How do you say thank you to your realtor? ›

Dear [Real estate agent/REALTOR® name], Thank you so much for your help with [buying/selling] our home. You made the process simple and easy to understand for us, and we appreciated your patience and expertise. Your insight was extremely valuable to us and I don't think we could have done this without you.

How much do you spend on client gifts? ›

On average, most companies spend around 1-2% of their annual revenue on client gifts.

How do you thank an estate agent? ›

It was a pleasure working with you, and I appreciate your efforts in making this transaction a positive experience. The property holds a special place in my heart, and I'm excited about the new chapter that lies ahead.

How to celebrate selling your house? ›

If you've lived in the neighborhood a while and have a lot of friends, host a get-together at the local bar or restaurant and just ask people to come on by and raise a glass of wine to toast your time there. It's a great way to say goodbye. Maybe you have some time before you're moving to your next place.

How much can I write off for client gifts? ›

TANGIBLE PROPERTY - You can deduct no more than $25 per person, per year for business gifts. The IRS specifically states that incidental expenses, such as postage, engraving and gift wrapping are not included in that $25 limit. However, if something adds value to the gift itself, it cannot be considered as incidental.

Can I write off clothes as a realtor? ›

Some Common Expenses You Can't Deduct

The IRS deems some common expenses as non-deductible. These include: Personal hygiene expenses, like haircuts, clothing that can be reasonably worn outside of work, and dry cleaning (unless it's for a uniform) Legal violation fees, like parking tickets or court fees.

Are gifts to clients allowable? ›

Promotional gifts can include small items such as branded USB sticks, water bottles, diaries, mugs or calendars. Larger or non-promotional business gifts given to customers or clients are not tax-deductible as expenses.

Are you allowed to give gifts to clients? ›

Don't overspend. This isn't just about your budget—it's about the IRS. According to the IRS, business gifts are limited to just $25 for each person, per year. That means if you're gifting an individual client, you can spend up to $25.

What deduction does the IRS allow regarding gifts for clients? ›

You deduct no more than $25 of the cost of business gifts you give directly or indirectly to each person during your tax year.

Can realtors write off haircuts? ›

While looking sharp is an important part of becoming a successful real estate agent, haircuts and stylist appointments are considered to be personal hygiene expenses, and are not deductible from your taxable income.

Can you accept gifts from clients? ›

An offer shortly before or after, or during a tendering process for example, is inappropriate as it can be construed as a bribe, offered with the intention of 'closing the deal'. It is not advisable to accept gifts/hospitality at any point in the time surrounding a tendering process or a contract renewal.

Top Articles
How Investors Can Screen for Stock Ideas
Best large & mid cap funds to invest in June 2024
Skyward Sinton
Bleak Faith: Forsaken – im Test (PS5)
Bj 사슴이 분수
Elleypoint
Using GPT for translation: How to get the best outcomes
California Department of Public Health
‘Accused: Guilty Or Innocent?’: A&E Delivering Up-Close Look At Lives Of Those Accused Of Brutal Crimes
8 Ways to Make a Friend Feel Special on Valentine's Day
Pvschools Infinite Campus
Lima Funeral Home Bristol Ri Obituaries
Teenleaks Discord
Tnt Forum Activeboard
U Break It Near Me
Yard Goats Score
Kirksey's Mortuary - Birmingham - Alabama - Funeral Homes | Tribute Archive
Best Transmission Service Margate
Parc Soleil Drowning
How to Download and Play Ultra Panda on PC ?
UMvC3 OTT: Welcome to 2013!
Craigslist Roseburg Oregon Free Stuff
Mini Handy 2024: Die besten Mini Smartphones | Purdroid.de
Bill Remini Obituary
Bento - A link in bio, but rich and beautiful.
Beaufort 72 Hour
Great ATV Riding Tips for Beginners
Nearest Ups Ground Drop Off
Astro Seek Asteroid Chart
Lincoln Financial Field, section 110, row 4, home of Philadelphia Eagles, Temple Owls, page 1
J&R Cycle Villa Park
Matlab Kruskal Wallis
Royals op zondag - "Een advertentie voor Center Parcs" of wat moeten we denken van de laatste video van prinses Kate?
Ticketmaster Lion King Chicago
Pensacola Cars Craigslist
Merkantilismus – Staatslexikon
MSD Animal Health Hub: Nobivac® Rabies Q & A
Wrigley Rooftops Promo Code
Vocabulary Workshop Level B Unit 13 Choosing The Right Word
Actor and beloved baritone James Earl Jones dies at 93
21 Alive Weather Team
Bustednewspaper.com Rockbridge County Va
Craigslist Woodward
22 Golden Rules for Fitness Beginners – Barnes Corner Fitness
How the Color Pink Influences Mood and Emotions: A Psychological Perspective
Crigslist Tucson
Motorcycles for Sale on Craigslist: The Ultimate Guide - First Republic Craigslist
Unbiased Thrive Cat Food Review In 2024 - Cats.com
Palmyra Authentic Mediterranean Cuisine مطعم أبو سمرة
How to Choose Where to Study Abroad
Www.card-Data.com/Comerica Prepaid Balance
Latest Posts
Article information

Author: Pres. Lawanda Wiegand

Last Updated:

Views: 6339

Rating: 4 / 5 (71 voted)

Reviews: 94% of readers found this page helpful

Author information

Name: Pres. Lawanda Wiegand

Birthday: 1993-01-10

Address: Suite 391 6963 Ullrich Shore, Bellefort, WI 01350-7893

Phone: +6806610432415

Job: Dynamic Manufacturing Assistant

Hobby: amateur radio, Taekwondo, Wood carving, Parkour, Skateboarding, Running, Rafting

Introduction: My name is Pres. Lawanda Wiegand, I am a inquisitive, helpful, glamorous, cheerful, open, clever, innocent person who loves writing and wants to share my knowledge and understanding with you.