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Updated about 13 years ago on . Most recent reply

Account Closed
  • Investor
  • Central Valley, CA
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Contractor appreciation gift ideas

Account Closed
  • Investor
  • Central Valley, CA
Posted

I'm selling a property that is closing this week and want to send appreciation gifts to the contractors who worked on the house. I did a little experiment on this property and did my first "virtual" rehab". I paid my agent a fee to supervise and hire all the contractors. He purchased all the materials and hired the contractors. I paid the contractors directly, and talked to some of them on the phone, but haven't met them. The GC did a great job identifying repair issues and finding economical ways to do things. The HVAC guy was a true problem solver and saved me a ton of money.

It was a good deal and I want the contractors to know how much their work is appreciated. Are cash gifts/bonuses too weird? Gift cards.....to where? I'm drawing a blank.

I worked for two REI partners years ago and every time they sold something, everyone on the team got paid a bonus. A check from escrow would just show up in the mail. There really were gifts as we were already very well paid. Just want to pay that tradition forward a little but unsure what would be appropriate. Ideas?

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J Scott
  • Investor
  • Sarasota, FL
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J Scott
  • Investor
  • Sarasota, FL
ModeratorReplied

For contractors I know well, I give cash bonuses. For the contractors I know less well, I give Home Depot gift cards, which is pretty much as good as cash for most contractors, but doesn't have the "weirdness" associated with it like cash sometimes does.

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