Should I tip my realtor for his excellent assistance in helping me find and purchase a foreclosure?

Karen Connelly
Home Buyer
Vacaville, CA

I recently purchased a foreclosure that had 12 other bids on it before I was able to secure the final closing. The realtor did not make much of a commission on the sale and he went through hoops to help me find the home of my dreams. Is it acceptable to tip him and, if so, how much?

Thank you for any suggestions!

Answers (11)
Minna Reid
Agent
Tolland, CT

Lynn - huh????

Karen - A great testimonial and ongoing referrals are the best way to thank an agent. If you insist on doing more maybe a gift card or something to that effect.
I think I would feel funny if a client sent me a cash tip.

Wed Oct 21 2009, 07:18
Lynn911.com Dal...
Agent
Dallas, TX

WOW WOW WOW

A buyer who understands Real Estate process many issues we face deliver dream home.

Based on gener spa package or wonderful bottle of wine

Oscar goes to you this year for your blog post

FYI we are dealing with a client have a buyers rep' agreement over 100 vested used another agent submit an offer lawsuits are being filed, when delivered 3 dream homes below market value, families comment win some loss some.... no appreciate for our service

National Featured Realtor and Consultant, Texas Mortgage Loan Officer, Credit Repair Lecturer
Follow me on Twitter: http://twitter.com/Lynn911
Lynn911

http://www.lynn911.com

Tue Oct 20 2009, 14:22
Kim Noonan
Broker
Will County, IL

Congrats on your success and much luck and happiness in your new dream home!

If you twitter, blog, or are on facebook --- info about your experience and a recommendation would be pretty cool.

If you're in an area that has a newspaper that allows letters to the editior or has a "thank you" section, a quick note of how awesome he is would make him happier than any tip you could pay!

Allowing him to put your testimonial on his website - bet he'd love that, too.

Tue Oct 20 2009, 11:11
Bill Eckler-Flo...
Agent
Venice, FL

Karen,

We would agree with the idea of writing a glowing letter of appreciation and possibly referring others interested in buying or selling to your agent. These are quite possible to best rewards an agent could hope for.

Tue Oct 20 2009, 11:03
Alan May
Agent
Evanston, IL

If you really want to "thank" your Realtor for an exemplary job...

1) Send him a glowing testimonial and send a copy to his managing broker

2) Send him ongoing referral clients

If you still insist... a gift card for Borders, or a nice local restaurant would be lovely... but unnecessary.

Tue Oct 20 2009, 07:02
Debbie Rose
Agent
Livingston, NJ

Karen you've gotten some wonderful responses and suggestions here...I don't want to be repetitive.

I just wanted to say ......Thank You.....on behalf of myself and all agents, for being so concerned about your agent, and appreciative of the service and help you received.
How thoughtful of you to take the time to ask this question.
You sound like a lovely person, and I am so happy that your experience was such a positive one!

Enjoy your new home...........
Best wishes,
Debbie Rose
Prudential NJ Properties

Mon Oct 19 2009, 23:27
Jennifer Tome
Agent
Princeton, NJ

Congratulations on your recent purchase!
As others have noted there are two things you can do for your Realtor to thank him for his assistance and expertise:
1. Provide your Realtor with a statement of how he helped you achieve your goals citing specific details with permission to reprint your statements. Also, give him permission to have other potential clients call you for a reference.

2. Keep your Realtor in mind for anyone you know who has a real estate need; even if it is an out of area move (they can assist in finding a Realtor in another state and collect a referral fee).
Also, obtain permission from your contact to have your Realtor get in touch with them....your Realtor will have greater success with the referral if he can contact them directly.

Best of luck to you....

Jennifer Tome
Keller Williams Princeton Real Estate
Licensed in NJ and PA

Mon Oct 19 2009, 19:15
Patrick Thies
Agent
Elmhurst, IL

Besides referrals to the agent, a nice note to the agents broker would be nice. I am sure your agent would appreciate it.

Mon Oct 19 2009, 18:48
Catherine Catal...
Agent
Staten Island, NY

So nice to hear how you were pleased with your agents service. Referrals go a long way and if you're feeling like you must give her something, I would write a letter about your experience make a copy of it, send one to the broker owner and one to them so they can put it in their folder to bring with them on cma appts.

Thank you for sharing your happiness.

Mon Oct 19 2009, 18:46
Courtney Cooper
Broker
Seattle, WA

I am glad you got great service. No don't tip them - just send lots of biz their way and you will more than make up for it!

Mon Oct 19 2009, 16:01
Jenet Levy
Agent
New York, NY
FIRST ANSWER

The best "tip" you can give is to recommend him to other buyers and sellers you know. That is what is appropriate.

Jenet Levy
Halstead Property, LLC
jlevy@halstead.com
(212) 744-7157

Mon Oct 19 2009, 15:54

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