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 Tenant broke old refrigerator. I replaced with new unit and deducted full cost from security deposit. Legal?
...


 Is it a good time to buy a house right now?
With the housing market bad right now, is it a good time to buy?
I keep hearing it's a buyer's market, but I also hear about horrible things with the economy. Freddie Mac and Fannie M...


 Question about renting apartments?
Ok, let's say I fill out an application to rent a place and I don't get a call from the landlord for 2 bussiness days, should I assume I wasn't chosen to take the place?, if so, does ...


 Isn't that what a security deposit is for?
I have lived in my home for 4 years. I call it a home, because it is not just a house. Recently, my dryer stopped working. They had it repaired, and said I would have to pay the bill because I had ...


 I live in Norhtern Virginia Any one help me to avoid Foreclosure I cant make the payment of the mortgage?
I applied for Deed in Lieu, but the Lender delay it and went just for the Foreclosure. I have no idea where to go with my family in our Prince William county where the service are so bad. I called ...


 Can my landlord just raise my rent?
I dont have a contract anymore and have been living in my house for two years. Is there anyway I can stop him from increasing my rent? He has given me a months notice....


 Is my landlord responsible?
The people underneath me decided it would be a great idea to grill out on the patio. All my windows were open and for one straight hour my house filled with smoke. I came home, found the smokey ...


 I read that house to income ratio is 28%, debt to income is 36%, why it's so low, what is the other 64% for?
I am looking to buy a house.
I have some credit card debt, income about 60K a year, how much home price can I afford? Is it around 180K?
Still I don't understand about only 36% allow ...


 Can you buy a home for less than 80,000 with a low credit score?
...


 Where can I get Moving Boxes ?
In erie or surrounding areas P...


 How much would it cost to move out?
I live in East Los Angeles, I've lived here my entire life so I'm used to the traffic and weather and everything. However, I've also lived in one house with my parents and sister for ...


 My landlord wants to use my deposit to repaint the flat?
My landlord says that I need to pay for the flat to be repainted. The walls were magnolia, and have become a little dirty and scuffed on parts after a year and half in the property. Would this not ...


 My apartment complex said I have until Friday to pay a pet fee. Can they do this?
I moved in this complex in May 04 & was given a kitten as a present a few months later. My lease says you have to pay a 200 pet deposit. I decided to move at the end of my lease in Nov. of 2005. M...


 Is PMI required by law? home financing I meant.?
Here's the issue. I am shopping for my first home. I live in San diego CA and 1st time buyer. I have k credit (I think 680) and no debts. Now that I started to look, I have an overwhelming # of ...


 What's the minimum yearly salary i should have before i even consider purchasing a home?
...


 How would i go about writing out an eviction notice?
i need to send an eviction notice to someone who hasent got a job or any way to pay rent, i feel sorry for him but i can't afford to let it go any longer. i don't know how to even start one....


 Typically how much square footage is a 3 bedroom an 2 bath 1 level home?
...


 Title question?
I was just wondering who would pick the title company when you go to closing. I know it is usually the seller but I have seen in the RESPA rules #9 the Buyer has the choice?...


 My neighbors that rent the house next to me have been harassing me, how can I stop this?
They have called the cops and the department of health for bogus reasons and I have no idea why they are doing this. The cops and dept of health both came to my house because the neighbors said we ...


 Can a slum lord press charges on me for doing a stop payment on a check I had given him?
Prior to me moving into the house that I was going to be renting the owner was talking about all of the improvements and repairs he was in the process of making on the house. Needless to say once I ...



MiMom
Are you supposed to get your real estate agent a gift after closing?
We just closed on our first house. Is it customary to give a gift to the real estate agent? If so, what is appropriate? Thanks!
                     
 




michiganted
If you like their services, the best "gift" that you can give is to refer them to other folks who need to buy and sell homes. That's what keeps the roof over their head and is far more valuable to them (and inexpensive for you) than a gift.

Nice of you to think about it though....


krennao
I never did, plus the commission is a gift enough. A thank you card would be sufficient if the agent took good care of you.


magnolia
Rating
Actually, my real estate agent took us to dinner. They made the commission on the house so they should give the gift. You can, of course, give a bottle of wine or flowers if you're so inclined, but usually it's the agent who does the giving for having your business.


Mr. Mortgage
It should actually be them to give you a housewarming gift. You have already given them your business, and the best gift you can give to a Realtor or mortgage person that you are happy with is to give them referrals and more business. Congratulations on your first home.


Alex R
Rating
No. They just made a ton of money at your expense, that is gift enough. They should however, give you a gift or two.


hithere2ya
In some states such as Tennessee, the broker is the only one who can compensate a licensee.

If you wanted to take them to dinner that usually is fine, you can also send a nice "Thank You" card or, best yet send a complimentary letter to their broker, that would be great. They can then insert that letter in a resume' and it will in turn assist that agent in obtaining more business. Testimonials of a job well done are wonderful gifts!

There is nothing wrong in "properly" rewarding your agent for a good job, but remember they were also paid to do the job, and state law may govern gifts. Ultimately it is usually the broker's call on whether the agent can keep "bonus" or "thank-you" compensation or not, but it still has to go thru the broker. I personally do not even collect "bonus" compensation if a property I sell to a client has a bonus attached, I discount the amount of the bonus to the buyer right off the top and then work from there to get the best deal and/or terms possible. Depending on how the deal went upon closing I may either buy a closing gift or nice dinner for 2 for my client- or take them to a nice dinner if it we got a an exceptional deal done. A large deal merits a large dinner or special gift. IRS rules also must be considered.

Hope this helps.


kemperk
no.

unless u are in Japan.

here, most agents just want referrals.

exc question!


Luv2Answer
Rating
Vice Versa. When we bought our house they gave us a gift. Remember, they just got a pay day from you.


jeanniep
no, should be the other way around, they just made at least 3% off the sale, we give gift cards for like home depot or Lowe's etc...


Stephen C
your agent should get you a gift unless he or she made you tons of money!!!!!!!!!!!!!!!!! steve prudential realty


Laurie F
It's a nice gesture, and if you were happy with how they handled things and how they helped you, then you should. You don't HAVE to, but you kinda should. (Like giving a hostess gift for someone who throws you a bridal shower.)

Feel free to give whatever you can. You could give a gift certificate to a nice local restaurant, a big bouquet of flowers in a nice vace, or make your own gift basket with lots of little things like candy, stationary, and a picture frame.


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