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Holleay Parcker - Spinnaker Realty - Serving Clients From Corolla to Hatteras
With 14 Yrs Experience in Outer Banks Real Estate

Absolutely not!

This goes far beyond the obvious RESPA discussion...


My lender makes money because I refer clients to him.

So does EVERYBODY ELSE in the transaction - including the closing attorney, insurance agent, home inspector, pest inspector, septic inspector, fireplace inspector, pool/hot tub inspector, elevator inspector, builder, and surveyor.

Nothing happens in this world until somebody sells something. 

And then when you and I DO sell, look at all the professions that benefit.

I do not want (or need) a gift from any of my team members - but I DO require them to answer their phones, even on the weekends, because if I have to work and am out showing property or writing an offer, then they should be available to answer a question when it comes up.

Given the one-way nature of the business relationship, why on earth would I feel the need to give a gift to any team member?   





Jul 08, 2015 03:40 AM
Spirit Messingham
Tierra Antigua Realty - Tucson, AZ
Third Generation Full-Time Realtor® 520 471-6900

No gifts to anyone, other than the client I represent.  Any gifts from anyone could be a potential RESPA violation.

Jul 08, 2015 02:41 AM
Stefan Winter
Real Estate in IL & NV | Owner of Real Estate Web Tech | Daily Vlogger - Las Vegas, NV
Owner - Winter Group & Real Estate Web Tech

Just referrals if everything went well, never a gift.

Jul 08, 2015 04:33 AM
Sharon Altier
Coldwell Banker Realty - Elmhurst, IL
Luxury Property Specialist, CSC, SFR

The best gift that can be given is another referral.  Anything beyond that is bordering problematic.

Jul 08, 2015 04:12 AM
John Meussner
Mortgages in AZ, CA, CO, DE, FL, GA, IN, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI - Fair Oaks, CA
#MortgageMadeEasy Fair Oaks, CA 484-680-4852

RESPA prevents us from doing much of what we'd like to do, but I think teaming up on gifts for our mutual client and enjoying the future referrals that will come from them is the best bet

Jul 08, 2015 03:13 AM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I believe that would be illegal for them to accept or give a gift.

My friend Joe Petrowsky would have a lot to say on this subject.

Jul 08, 2015 05:04 AM
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

I do not give a gift and I do not expect one at any closing.

However, I do enjoy when they accept my invitation to mingle at my events or receive an invite to their networking meet ups.

Jul 08, 2015 04:46 AM
Debra Peters
Referral Realty - Manorville, NY
NY Real Estate Salesperson

There are many great responses here.
To be compliant with RESPA, no.
It's best to stay away from gift giving.

Jul 08, 2015 04:40 AM
Cindy Davis
SD Home Source Realty - San Diego, CA

No. Have never exchanged gifts with a lender.

Jul 08, 2015 02:44 AM
Evelyn M Epperson
Coldwell Banker Residential Brokerage - Johns Creek, GA
A Tradition Of [Excellence, Trust & Service]

I have not given a lender a gift and I am giving him money in the way of buyers.  I have received a $500.00 gift card from my lender.

Jul 08, 2015 02:43 AM
Joni Bailey
101 Main St. Realty - Huntsville, TX
Your Huntsville / Lake Livingston Area REALTOR®

I do not give gifts to the lenders ~ I give them buyers. That is a gift! :)  The lenders I refer to do a great job ~ and that is my gift from them! Everyone is happy. Happy, HAPPY!

Jul 08, 2015 02:38 AM
Chris and Dick Dovorany
Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL
Broker/Associate at Premiere Plus Realty

I do not give gifts to lenders, inspectors, buyers, sellers, appraisers or anyone else.  I am in a business to make an living.  They also do not give me anything.

Jul 08, 2015 02:33 AM
Caroline Gerardo
Licensed in 20 states - Newport Beach, CA
C. G. Barbeau the Loan Lady nmls 324982

Gifts: home made cookies, home grown flowers, vegetables from my garden... Be kind and share a piece of ourselves. If you are a knitter- give pot holders, if you are a golfer give a card with golfing tips...

NOT a pen or calender with your logo- 

We are in tight contact sometimes many texts, emails, calls in a month. My theory is: it is way more fun to work hard in the trenches with people you respect and care for than to ignore the human aspect 

May 18, 2016 07:50 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Seriously? The lender should be giving me a gift card for referring him or her business! (Just kidding!) I don't expect any gifts from my lenders. They do on occasion take me out to lunch, which is nice. I would just prefer referrals.

Jul 09, 2015 09:42 PM
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

No. I am not a fan of giving or receiving any gifts in this business.

Jul 09, 2015 09:18 AM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Kristin - Most buyers I work with already have a lender, so I do not give a gift card to them. I also have never received a gift card from a lender for handing them a referral.

Jul 08, 2015 03:57 PM
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

Nope.  We exchange a small token of appreciation with one another at Christmastime. But we do it as friends who just happen to do business together and it has nothing to do with our business or referrals.

Jul 08, 2015 02:50 PM
William Feela
Realtor, Whispering Pines Realty 651-674-5999 No.

I have had the banker pick up the tab for lunch, I would report that to the Broker but because I am the Broker, I log it for future reference.

Jul 08, 2015 11:51 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I have receive a promotional item from a lender like a cooler, umbrella or a gift card to a coffee shop. I haven't given gift cards to the lender. At Christmas time I have received nicer gifts from lenders like flowers or a restaurant card. I have given them something too to say thank you.

Jul 08, 2015 09:34 AM
Roy Kelley
Retired - Gaithersburg, MD

I have never given gift cards to loan officers. 

I have recieved holiday baskets from some loan officers but that is a rare treat.

Jul 08, 2015 07:24 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

No, never have.  And I've never received a gift card from a lender.

Jul 08, 2015 06:52 AM
Jack Lewitz
Exit Strategy Realty - Evanston, IL

Illinois is an attorney state so attorney's get the gift and its usually in the form of a kick back but they don't like to call it that.

Jul 08, 2015 06:38 AM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

You asked some great questions. Lenders cannot give or receive gifts, however it happens. The rules are a bit crazy, but those are the rules. They see it almost like bribes, believe it or not.

Thank you Bob Crane for mentioning me.

Jul 08, 2015 05:28 AM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

I am not a lawyer....and not judgine respa violations....we often have a Sellabration toast...which "violates" nothing and Sellabrates everything !

Jul 10, 2015 12:12 AM