“A real estate agent cannot legally give a gift to a client.” A variation of the rumor is an agent cannot give a gift valued in excess of $25.
Can real estate agents receive gifts?
Our office has fielded several questions lately regarding the federal regulations (RESPA) that govern what gifts Realtors can or cannot accept. Agents may be offered and accepting gift cards, concert tickets, or items of value against federal law.
Do Realtors give gifts at closing?
Do realtors give gifts at closing? A closing gift is unmistakably a recommended business strategy, a gift card or flowers can go a long way. However, most agents don’t give a gift to the buyer and pass on the opportunity to acquire future referrals.
Can I tip my real estate agent?
Should You Tip Your Realtor? This is an emphatic NO. Any money, or any gifts worth more than $25, you give to a real estate agent must, by law, be paid through the brokerage and recorded in the sales contract.
Can a buyer contact a seller directly?
Can buyers contact a listing agent directly? Technically—yes. The only people who may frown upon contacting a listing agent are buyer’s agents, who make their commissions based on representing buyers. But there is no law or rule saying a buyer cannot contact a listing agent.