Posted by SCook85 on January 19, 2001 at 22:25:04:
Ron,
I have always given gift certificates to nice restaurants for jobs well done.
Steve
P.S. Do you want to share their name???
Posted by SCook85 on January 19, 2001 at 22:25:04:
Ron,
I have always given gift certificates to nice restaurants for jobs well done.
Steve
P.S. Do you want to share their name???
Thank you gift for loan officer? - Posted by Ron (MD)
Posted by Ron (MD) on January 19, 2001 at 20:48:21:
Iāve had a good string of loans settled with one particular loan officer. I know he is paid for what he does, but my deals are all small ($60k - $80K) and they are in a special program that has a small commission for the loan officer.
Iād like to show my appreciation in a legal, ethical, and tax deductible way. Iām thinking of something like a $500 Circuit City gift certificate or a $500 āget-away-weekendā hotel package.
Any thoughts on the concept or the particular gift?
Thx.
Ron Guy
Re: Thank you gift for loan officer? - Posted by Fred
Posted by Fred on January 22, 2001 at 21:58:03:
Yikes Ron,
I didnāt know you were such a big spender! A gift certificate to Ruthās Chris Steakhouse is a nice gift that I have used.
How 'bout a box of ā¦ - Posted by SusanL.āFL
Posted by SusanL.āFL on January 22, 2001 at 11:50:33:
ā¦Hickory Farm assorted cheeses and meats? That way his whole family can enjoy it.
$500. does seem exorbitantāand could be construed as a ābribeā.
Re: Thank you gift for loan officer? - Posted by Bob (Md)
Posted by Bob (Md) on January 20, 2001 at 01:10:30:
You might want to be sensitive that many companies nowadays have ethics guidelines that frown on the receipt of gifts that might be large enough to be considered as āinfluenceā. Although I understand that you want to put your money where your heart is, you might make the gift a bit smaller so it doesnāt get the loan officer in trouble or cause an ethical dillema. Clearly a hand-written thank you note should be the minimum gesture, and Iād go for some sort of gift certificate for a nice store or restaurant. Personally, Iād shoot for $50 or so - no more than $100. Again, it is to protect the loan officerās position, not to be cheap.
But then again, I may be too sensitive, dealing with āgummintā all the timeā¦