A couple of times a year, people celebrate holidays all over the world. There are a lot of reasons to celebrate, and people like to join the festivities. Some holidays include giving gifts to people to show how much they mean to us. It is natural for families and friends to exchange gifts, but what about landlords and tenants? Should landlords give their tenants gifts too?
Some would say that giving gifts to tenants is a good idea to make them feel important and appreciated. On the other hand, some will argue that it is not needed. But what if the landlord asks you? Well, you can give them the pros and cons. Let them decide afterward.
Yes to giving gifts
Like I said, giving people gifts will show appreciation. Without the tenants, landlords will not have any income. The tenants also take care of their properties. If the tenant is responsible, pays the bills on time, and does not cause trouble, the landlord can show his gratitude.
It does not have to be an expensive or elaborate gift. Simple gifts such as fruit baskets, gift cards, or potted plants are enough. Remember, it’s the thought that counts. If the landlord is hesitant to give out material gifts, he can opt to host a gathering. He can provide food and entertainment as a way of thanking them for being good tenants.
Either way, it will show the tenants that their landlord appreciates them. You never know — it might make the tenants think about renewing after their lease ends. Giving gifts can also establish a good rapport with an introverted tenant. Once the tenants feel appreciated, they will likely maintain ideal tenant practices. The main goal is to spread positivity and good feelings all around.
No to giving gifts
Some people may argue that giving gifts is not necessary. They consider it too personal and might cross the line. Some business owners avoid forging personal friendships with their employees because it may cause overfamiliarity among them. It may also pressure the employees to reciprocate the generosity.
Some landlords like to maintain the level of professionalism between them and their tenants. They may think they have done enough by being a good landlord. Some landlords are cautious in establishing a friendly relationship with their tenants because they may take advantage. It will affect the dynamics of a landlord-tenant relationship.
You also have to consider that buying gifts does not come cheap. Some landlords have several properties. Even if it is an inexpensive gift, buying a lot of it will cost a great deal. They have family and friends to think about too. Why not use the money for property upgrades instead? The tenants will benefit more from it. If there is an unresolved conflict between a landlord and tenant, giving gifts will not solve it. It will not also guarantee a lease renewal.
The verdict
Eventually, it is up to the landlord if he is willing to show his appreciation through material gifts or service. If he feels uncomfortable with it, he can shun it. If the landlord considers it a must to make the tenants feel valued, small but thoughtful gifts are enough. But he must not expect anything in return. There is no guarantee of what the outcome will be once the landlord decides on giving them presents.
There you have it. If someone asks you now, you will be able to offer the pros and cons of gift-giving. New landlords, especially, will appreciate the help in making a decision. That’s not the only thing you can help them with, either. You can also make things easier for them by offering your services to find them some good tenants. To achieve this, try using Padleads to post their property listings and syndicate them to other websites. You’ll have numerous applicants to choose from to rent. Who knows? They might be the tenants who deserve a few gifts from time to time.