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#291023 - 05/17/09 08:11 AM
Do You Charge Hourly to Allow Former to Get Personals?
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Veteran Member
Registered: 12/03/05
Posts: 692
Loc: South Central Kansas
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It angered me to learn a member of my MLS board has been/is to be charging former borrowers $25 per hour for access to the dwelling so they can to move their personals out. She will not accept a check only accepts cash. When questioned of the morality and ethics in this action, her defense is it is legal? Nevermind she was late an hour to the dwelling with the former and a dozen other people waiting on her and that she slept in the car until she had enough then called it a day for the former and the crews, leaving to be finished the next day.
My advanced search here did not cull any specific response to this topic so I thought this could go into three forums but chose this one to post in.
Do any of you do the same thing and why/why not?
_________________________
Roy J Foster, KS Lic #BR0039462 R J Foster & Assoc., LLC Cert. A*REO Agent Cert. FHA Inspector ID G551 Cert. FHA 203K Consultant ID D0631 Cert. FHA LBP Maintenance Supvr ID 7534 Cert. Vendor Resource Management REO Specialist 316-771-7419 http://www.investment-properties.org"I am only as strong as the coffee I drink and the hairspray I use."
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#291042 - 05/17/09 12:27 PM
Re: Do You Charge Hourly to Allow Former to Get Personals?
[Re: Retsof Yor]
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Member
Registered: 03/20/09
Posts: 30
Loc: CA
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Our charge is $20 per hour, above aboard and perfectly legitimate. I bring my laptop and try to get some work done. I ask in advance how much time they think they will need, tell them to allow twice that much time because they have so far never been accurate with their estimate, and then set up a day and time convenient for both of us. Ground rules are set and agreed to in advance and repeated before access is given.
Your question may be viewed differently in this forum because doing this task is part of our jobs in property preservation, it is something we are asked to do by an agent, national or local company as part of completing a property. When an agent is charging a former HO cash to do this it does not sound above board or legitimate. Sleeping in her car and not keeping an eye on what is going on at the property is also not a good sign, sounds like this person has gone rogue and the situation should be looked into by someone with authority over her position. These are the kind of people, whether agents or PPVs, who give the rest of us a bad name.
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#291066 - 05/17/09 06:33 PM
Re: Do You Charge Hourly to Allow Former to Get Personals?
[Re: Bossy]
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Member
Registered: 04/20/07
Posts: 122
Loc: Florida, Treasure Coast
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I didn't think this post would get any response in favor of this activity. I personally have not heard of an agent, legitimate or otherwise, charging a former homeowner a fee to reenter a property that was under the banks control. My first question would be, doesn’t the homeowner have some right of replevin if they so desire? Is this being done with the sellers’ (the bank) name?
Just curious, but I could not do so. I would rather they take their personal belonging under my supervision or I could have my crew there and place the items in a moving van, and that can be charged to former HO.
Letting a former HO back into the dwelling just seem to opening yourself up for a lawsuit, per se “slip and fall”!
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Selling Foreclosures from the Treasure Coast to the Palm Beaches!
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#291098 - 05/18/09 06:07 AM
Re: Do You Charge Hourly to Allow Former to Get Personals?
[Re: SoFLBroker]
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Major Contributor
Registered: 11/15/06
Posts: 2050
Loc: The Middle of the Interstate
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I would charge if I were in the property preservation business. The contractor only has his time to sell. If they tie up 2 or 3 hours driving to a property, waiting for the people to show & move, then secure the property, they deserve to be paid for their time.
On the other hand, an agent is paid when the property sells and the amount is a lot more than the hourly charge from a PP contractor.
_________________________
Broker-Owner Thirteen Years REO Experience GRI,CRS,CRB,e-Pro
Some days I feel like the bug, other days I feel like the windshield
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#299267 - 07/20/09 09:08 PM
Re: Do You Charge Hourly to Allow Former to Get Personals?
[Re: LND]
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Member
Registered: 04/18/05
Posts: 135
Loc: Lexington Ky.
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The contents of the home are personal property and the agent should pay preservation people to move the personal property to the curb or storage. Allowing former owners back on the property is done by everyone up and down the food chain but charging them an hourly fee to do this is questionable. The former occupant could be angered, "fall", claim injury and sue the new owner and agent. Then the $25 or $35 an hour is not worth it. Bad karma begets bad karma. The people who lost the house are angry and out to get whomever however.
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Registered: 07/12/08
Posts: 2479
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