What’s the CRE equivalent of a house warming gift?
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[{"id": "hsgpjw6", "text": "A quick and painless closing requiring the least amount of their time as possible.", "replies": [{"id": "hsgvgvu", "text": "This. 100%. It\u2019s business... not the heart strings of buying a family home. Maintain a relationship and maybe they\u2019ll buy/sell/lease with you again.", "replies": [], "depth": 2}], "depth": 1}, {"id": "hsgq9x4", "text": "I've paid for new a monument sign (like $500) before.", "replies": [], "depth": 1}, {"id": "hsgxo4o", "text": "A tombstone / deal trophee with transaction key facts, volume, buyer and seller with a picture or in the shape of the object is the most common way in CRE. This ranges from a small glass deal toy for smaller deals, to huge and impressive ones for larger deals. Clients put this on the shelf in their office, nice way to remember them about the deal.", "replies": [{"id": "hshm1l4", "text": "It's common, but I laugh, thinking of my wife grumbling \"yay another f-ing wind turbine\" after putting hundreds of hours of legal work into a project.", "replies": [{"id": "hshqwh6", "text": "How does one research about getting into CRE energy , Mr. CRE_Energy?", "replies": [{"id": "hshrcdd", "text": "First requirement, you have to be sufficiently non-creative that you make a user name solely about two professional interests.\n\nEdit- if that was a real question, I think step one is have access to $100M+. Or look for a job posting in the field. For me I was in energy, now I'm in CRE. Just so happened my wife did lots of work on renewable projects, among other things.", "replies": [{"id": "hsiaq95", "text": "Love the whole post \ud83d\ude09", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}, {"id": "hshyqqb", "text": "Deal toys are great. A bottle of good scotch or wine is fairly common too. For development deals a hard hat or shovel with deal details on it is a fine addition to an office.", "replies": [], "depth": 2}], "depth": 1}, {"id": "hsh5yfn", "text": "Take the client out to dinner or on a trip every once in a while. Keep your face in front of them by actually hanging out with the big customers. Just don\u2019t tie it to a deal.", "replies": [], "depth": 1}, {"id": "hshb3t2", "text": "Stick to lucite or a bottle of wine. On some really big transactions I\u2019ve done the brokers have spent a lot of money on some more \u201cartistic\u201d gifts which are loosely relevant but at the end of the day are just more expensive pieces of lucite.", "replies": [], "depth": 1}, {"id": "hsi3t4d", "text": "the principal i work for got a like a 3 foot sword/knife thing from a broker once", "replies": [], "depth": 1}, {"id": "hsimv08", "text": "Closing dinner", "replies": [], "depth": 1}, {"id": "hsjk0ny", "text": "Have always gotten closing dinners where the brokers buy, it\u2019s a nice touch.", "replies": [{"id": "hsl6ghf", "text": "Agree, a nice closing dinner where you take the time to talk to them as a person and don\u2019t bring up business except at the beginning when you all congratulate each other on the deal. People are generally on a high and will open up enough to allow you to get to know them personally", "replies": [], "depth": 2}], "depth": 1}, {"id": "hskbfy2", "text": "Generally I try to spend 5% of the gross fee (get your brokerage to split it and take it off the top) on closing gifts or celebrations. Try to get to know your clients through the transaction and tailor it to their interests. \n\nBasic generic gifts could be things like wine, scotch, golf clubs, skiis, road bikes, closing dinner etc...\n\nFor larger commissions you can get creative and spend it on unique experiences (for you and your clients) like racing cars on a track, renting a boat, private jets, weekends away etc...\n\nThe best gifts create a bond, memory or story between you and the client that will make them consider using you on future transactions.", "replies": [], "depth": 1}, {"id": "hszhnwq", "text": "Nice bottle $200 of Scotch or XO Cognac.\n\nCRE deals are in the millions and if you want repeat business they will remember who gave them a nice bottle.", "replies": [], "depth": 1}]