I don't do this...ever. My info goes to my client and thats it. I have some agents that act like I am nuts, can't believe my stance, etc. I just don't give it out, my agreements are between my client and I. Also, I do not care to get into a volley as to why I did not "meet their price"...thoughts? Am I off the mark here? HOnest answers please...Thx

when I call to make apts for my interiors. the listing agent usually will tell me contingent/pending at .... Usually it's a cash offer that is way too low and the comps support a much higher price.I have this a least 1 time a day. What can you do, the bpo companies will look at the similiar property and the last sold comps. It's up to the bank whether they will take a lower price.

None of that was what I was asking.....Do you share your info?

do you mean after the bpo is completed? if that is what you are asking, NO. they can find out from the bank

Exactly...thanks. I know alot of agents do it and we may be more of an exception. I just had a lady that I called to get access info from. She told me(key word TOLD) "I need to come in at 130k and she would need a copy of the BPO". I as surprised she didn't ask me to walk her dog and clip her nails. I told her nope...not sory, just nope.
She can go pound sand.

I never give them a value or provide them with any details after the fact.

Been fortunate that none has ever asked. Usually do not see the listing agent face-to-face. Typically they give me a lockbox code, if it's not yet actually listed, or I pick up a key from the receptionist at their office. But no, I would not give out any information.

I am getting asked a lot...doing more short sales and getting asked(and told) to send the BPO when I am through...

"Please come in at $XXX,XXX and fax the BPO to me when done"...

Oh, okay. Seems that lately I am getting asked more and more and I have no reason to provide that info.

I NEVER share info: I always say "I have a confidentiallity agreement with the vendor and with the lender, I am not a liberty to disclose any information to anyone." Some agents keep fishing and poking and handing comps off to me - But I just repeat myself like a broken record - after 2 -3 times the agents just stop asking.. If the seller wants a copy - then they can ask the servicer for the info.. I just keep it simple and always follow policy.

In my exp. people always want to know the bank name. It makes it easy for my out.... "I don't know, my client is a middle man b/w me and the bank." It ends the discussion.

I never ever give them any info or copies. I try my best to not even engage in pleasantries.

I am with you on this but you would be surprised at how many classes I have been in and they are taught to meet the valuator face-to-face. One teacher brushed me off when I said don't bother, no can do, forget about it, confidential.

Nope - Nope - Nope - I had one where I knew the listing agent for the short sale - I had to call the front desk to set it up and not ten minutes later she was on my phone - hey - I need this to come in at "x". She knew better then to call - she knows me - and all I had to say was - "you know better then that - its gonna come in where the comps come in" She took it really well - so sometimes we project resistance - where there isn't any. All I had to say was no - doesn't work that way. I also told her she should be greatful it was me doing the BPO - I do the walk through and take my own photos and do my own comps and forms!! She got my point - and we were done.

It's a little late at this stage, isn't it? Their Seller/Client should know! Or has it been that long since they made a payment?

It should have become routine to get the name of the Mortgage Holder while taking a Listing long ago. It sure makes preparing for Closing easier.

Go read the Mortgage Deed! . . . Or the NOD . . . . or the Complaint.

What NoodleHeads!

but I like noodles...LOL

That's exactly what they teach investors on these short sales. They think they can influence you on your values to come in at their value. If it works 10% of the time, they've made some great money.

On the other hand, if you want to get your point across, just tear up their comps and hand them back to them after you get in the house. Kinda stops the conversation/badgering/needling right there.

I actually like to look at comps provided by LA's or investors.

First, it's often amusing when they use a townhouse as a comp for a SF or a SF as a comp for an MF.

And second, it makes me feel better about myself. When I see how incompetent some agents have become, I realize that my state of semi-competence puts me near the top of the scale.

SMG... If they want a copy of your BPO - Shouldn't they have to pay for your work product same as the mill did?

J~

As I recall, when we agree to do a BPO, we also agree to keep the information confidential. The Mill, bank etc., is the only person that I give my information to.

I finally have most of the Short Sale guru's in the area trained to not even try to meet me and give me information as it will not do them any good, nor will I forward a copy of my report to them. Easier that they know this in advance from me, saves us both time and aggravation.

Though, I have to say, some of their comps are definitely amusing.

Oo! Oo! Now there's an idea -- tell them to hire you to do a CMA and you will be happy to do so for $XXX amount of money.

My school of thought is just the opposite........"I want to know what comps they used.....I want to know their target value.....And, I always ask if the same data (the package they handed me) is the same that they sent to the lender......" My reasons are simple (they don't know this). If I have a conflict of value, I will use their information against them.......On an order I had last year, I made comments kind of like this..........

...............Buyers agent has supplied me with written information on the subject property. I was told that the lender has the same information on file.

1. Four of the six comparables used by this agent needed major repairs (subject only needs minor)
2. All comps used by this agent are located over 3 miles from subject in a urban location (my comps are within 1/2 mile)
3. All sold comps used by this agent are over 6 months old (my comps are all under 90 days)
4. The contractor bid for repairs appears to be a remodeling bid, rather than a repair bid....($45,000 contractor bid...my repairs show $3,700)

And, the list went on and on...........lol

This had "buy and flip" written all over it.......IF IT WALKS LIKE A DUCK AND QUACKS LIKE A DUCK, IT MUST BE A ?????.........lol

Well, she did tell me it was okay to not give it to her, as long as I came in at $XXX.XXX.....nice of her.

Yeah, she should be paying if I do that....I never have.

Yesterday was a first for me....I did an interior...got in and got out. Well I guess the agent was going to meet me (no one told me to wait) She proceeded to call, e-mail, text and fax me. I was really busy with the baby (all of this came in within 10 mins of each other) and I didn't reply right way.

She wanted me to come in under a certain amount. Anyway about 30 mins later my door bell rang....yep it was her. Talk about making me mad. I just put my happy face on and said nothing....she is lucky my kids were right next to me becuase I am afraid I might have said something not so nice. How dare you go to someones house to track them down over something you are not even suspose to say to me (she is a HUGE agent in this area and has to know better)

I would have just gone off....kids or not. I would have told her that the value "is whjat it is" and being obnoxious will certainly not do anybody any good.....that stuff pi**es me off just hearing about it...

Absolutely ridiculous! How dare she come to your home for such a stupid thing!

I agree...I refuse to be rude...I will listen and look at anything they have to offer...and I go my merry way...as far as giving them my opinion...it depends on what...the house...no... the weather...yes

I am glad I am not the only one that experiences that with interiors. Typically I get the, "I need it to come in at such and such due to an offer I have." What they don't understand is that their needs and mine are completely different. Usually they have a lowball offer that is laughable! Like I am going to risk my reputation with the companies I have worked hard to become a primary vendor for, and try to skew an unethical deal for some idiot agent.

If they bring comps with them, thats fine. The more the better actually, as I use the reverse/blank side of those pieces of paper to print my maps for the photos I have to do.

The short contact most often wants to meet me on site, to do all of the things discussed above, to make his case so to speak. But they pitch it as a courtesy to you and the home owner. I always push hard for the 'leave a key', or 'is there a lock box' or 'can I pick a key on my own time.'

I rarely get my way, but the contact has learned from me I don't need or want his assistance and that I am independent. It helps take the edge off.

Just the other day, after a week of trying to make an appointment with this guy, he finally meets me in the pouring rain. I see a mechanics box on the door and ask why in the world he would rather drive out in the rain and open the door when he could have given me the code. I could have come days ealier. He said, he did not know it was there.

But after I set the tone, he was not handing me comps or suggesting values. He was looking at his watch to get to his next appt.

I never share anything and I suggest they talk to the bank. Usually irritates them, but thats the law.

My teams pat answer is "I don't tetermine the value, the comps do".

I have had agents badger me for information. I just say 'No, sorry, YOU are not my client. It is privleged information between them and I.'

End of story...

Christie! How dare that agent trespass on your home turf!! That certainly crossed the line. Good thing those kids were ther, I'm sure you would have given that agent a piece of your mind!