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Updated almost 2 years ago on . Most recent reply

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2
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Joe SMith
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2
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Does anyone still do closing gifts?

Joe SMith
Posted

Hey All,

Im doing some market research to figure out information for a business idea I have.

I'd like to start selling closing gifts for realtors, and wanted to see if that was still a thing.

If it is:
* What type of closing gifts are popular?
* What is a good price point for them?
* How many do you buy at a time?
* Are they customized?

Thanks for any info you might have!

Most Popular Reply

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21
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10
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Brian Halstead
Pro Member
  • Real Estate Agent
  • California Central Valley
10
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21
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Brian Halstead
Pro Member
  • Real Estate Agent
  • California Central Valley
Replied

@Joe SMith, Closing gifts have been something we struggle with. We started out with Cutco knives with our logo on them, but that is too pricy. Some people don't really know the value of Cutco also. We would buy about 75 at a time. When we were out of them, we started buying gift baskets from one of our agent's mother. That got a little too expensive. Lately we are packaging a cutting board with two plastic champagne glasses and sparkling water. I know, what a crappy gift! So, lately we are listening to the client during the transaction and getting them something personal, in the area of $50. We also give exceptional service. With buyers, we also have a locksmith key all the locks to the same key, and make them as many keys as they want. We do not customize the gifts to the client and we stopped branding them to us. 

  • Brian Halstead
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