On the Brownstoner Forum today, a reader writes, “I’m buying my first apartment and the closing will take place in a few days. Do I get a gift for my real estate broker?” With nine responses so far, the answer is a unanimous “No!” If we recall correctly, the listing broker who sold our apartment in Manhattan for us gave us a gift, and other commenters note having received gifts from brokers like a book about Brooklyn and a stress ball in the shape of a house. But this one comment kinda sums up the consensus about giving presents to brokers: “You got her a gift: 3% of the value of your new apartment.” If any brokers are reading, have you ever gotten gifts and what do you think of the practice?
Do I Get a Gift for my Broker? [Forum]