What Is A Settlement Gift?
A settlement gift is a hamper an agency sends a buyer or vendor on the day a property transaction completes. Real estate agents, mortgage brokers and property managers use homeware, gourmet and wine hampers for this, with agency branding on the box and ribbon at no extra charge.
Closing gift, handover gift, settlement gift
Three names, one send. What changes is who claims the moment: the selling agent marking the sale, the buyer's agent marking the purchase, the broker marking the loan, or the property manager marking a new management. On a deal with several parties, more than one hamper can arrive in the same week, which is an argument for sending on the settlement date itself rather than a fortnight later.
It belongs to the business, not the agent
The hamper is bought by the agency, addressed to the client and branded to the office, so it keeps working after the individual who sold the property has moved on. That is also why the choice is worth standardising: one category, one band, applied to every settlement instead of decided deal by deal. Homeware suits a new address, with 22 hampers spanning $85 to $440.
Settlement options sit inside the hamper range.