Did you go in for the hair sniff?

Weird post..had to read it. I never get called by the LA so I suppose they do not have a problem when I put "list price is out of line with current market" when my estimate of value is a lot more than the list price. I always wondered what happens when I do that. Some of these LA's on Short Sales really have a sense of humour. Is that why I now see a lot of "no name RE co's" as listing agents on Short Sales.

REO- I guess I'm just not that scary...lol

smiling jack- Do you do that by driving by and picking a number out of thin air, or do you actually take a trip in, and consider condition and current local solds too?

BTW - Seems my BPO went just fine. Right in line with my sales price. So alls well that ends well.

See - I was right -

I'm glad it went well, that you are no longer trying to 'avoid' the bpo agent, and hopefully have a better opinion about the agent and bpo brokers and agents - hopefully.

Now let us know when you close.

Minna; They make me take a picture to insure I was there; if I am lucky, I take 2 or 3 for the next time. Seriously, I don't think many of us make up these numbers and it has to jive with the comps or QC will question it without knowing the circumstances and then I have to explain it. But it does aggravate me when I see a listing that is ill priced from a BPO standpoint and I know some bank person is relying on my estimate of FMV to make a decision. It is easier to price the property adequately and reduce the price (we can see it) until you get an offer that the bank can accept than worry about who is going to do the BPO on it. I get weird stuff from LA's when I get an interior and have to notify them of my arrival. Where do they get the time?

Pine - I try to have faith...and the majority make me believe they are professionals. However there is a good 30%?? That dont have a clue and really make things diffcult hence the reason I have to go...see what I'm dealing with...do what I can to make it right. I dont want to have to do that...trust me - I really dont have the time to attend every BPO...but I feel I have to babysit sometimes.

jack - as long as time allows ( ie the foreclosure sale is not next week ) I will price high and reduce in chunks as I anticipate it helps my BPO once I have a buyer.

I wish I didn't have to play these games and that everyone can just be trusted to do their job effectively and come up with "true value" ...but that is just not always the case.

minna - I was only thinking about the 'particular BPO agent' for the most part, but what I said applies elsewhere as well.

Hang around and we'll help you learn how to become a good REO, BPO and Short Sales agent -

::::biting hand::::

Silly - try a bowl of popcorn - unsalted with no butter. It may not taste as good but it ends up hurting less.;)

What would make you need to bite the hand that feeds you? - lol

No really.

I have no desire to be an REO agent - after being a short sale agent exclusively for the past year almost...I despise banks for the most part - no interest in working for them....dont get me started... I am an excellent short sale agent and I always strive to improve as such.....BPO agent - not on my list either...But I really appreciate the insight from all of you. Great to see how the other side sees it.

hehe - I was yanking your chain - just a little.

But now you can spread the word that this segment, often misunderstood and maligned, does indeed have integrity.

...and the choir said... AMEN

I can see it. I would probably naturally gravitate to this forum entitled BPO, REO, Foreclosures if I felt that way too.

I get this kind of reaction every once in a while.

To paraphrase PT Barnum:

You can please all of the people some of the time or some of the people all of the time, but you can't please all of the people all of the time.