I would put that new buyer on my mailing list, send them a welcome card, but I would draw the line at gifts to someone who was another agent's client regardless of the fact that agency has expired. You never know what other relationship there is between that buyer and their agent and whose toes you are stepping on. Just because you geo-farm, doesn't mean you "own" the neighborhood or its residents.

I don't send gifts, but I do put them on my geo-farm mailing list, which is a property value report.  

I think you should respect the other agents relationship & just send a welcome to the neighborhood if you must. They will be reminded of your presence often enough right?

Seems like you can't wait to pilfer the buyer.

I would let the dust settle on the ALTA and then start to farm them - maybe the welcome gift card was a little much.  Do you do that for everyone who moves into the neighborhood?

How did you determine that that was no further agency relationship?

after the transaction closes, there is no longer agency..... and the buyer/seller is fair game for all.... 

I have done this...After we close, they are now anyones neighbor & friends

No harm no foul

Go for it.  Chances are that buyers agent will never contact them again.

Is that part of your normal routine?

Too early to  do this! Maybe after couple of years, you can start building relationship by sending some items of value.

I wouldn't do this, but I'm sure a lot of agents would.

I do send cards to the neighborhood, to welcome the new owners but, not a direct card to the buyers or a gift.  

  Don't move too fast.  And hold the gift card.

I think it is totally acceptable after the sale to welcome them and put them on your contact list.

If this is standard practice to all new residents, it is acceptable. Neighbors do talk and if one doesn't receive the gift, one might be offended.  When my son was younger, I had huge, over the top, birthday parties for him. Everyone knew where I lived, I knew everybody and they knew me. The entire neighborhood would know there was a party going on at my home. So, I had to invite EVERYONE with children who lived in our neighborhood so not to upset anyone.  It worked. And they always were so thankful I thought enough of them to include their children. Glad my son is in college now! 

Legal yes, but the other agent is likely to look at is in an unfriendly way.

A welcome letter is a nice idea. No need to include a gift. Definitely add them to your farm mailings.

I would not want anything to do with the other agent's client.  There is no agency relationship, but that past client "belongs" to the other agent.  You wouldn't want someone trying to poach your clients, right?

I would send a welcome letter and add them to my mailing list.  I would not send a gift.

Put them on the mailing list, but no gift!

We do not gift parties we do not represent.

Is this something you typically do?

I would not do it.

If it is your geo-farm you are constantly marketing, I see no issues with that. 

It depends upon the laws, regulations and other matters applicable to your jurisdiction.

I do not take any issue with this. What's wrong with it? And I suspect that the buyer's agent took exception which they may need to be reminded that they do not own a human being till the end of time. Now this is your neighborhood, right? Our neighborhood that you're positioning yourself as an expert in?