Just got an email for another order I recently completed suggesting 3 sale comps to use. Problem is the QC moron's comps are SFD. Subject is a condo. I hope McDonalds and Burger King start hiring again so these people can do what they do best. Clean public restrooms.

Maybe if I explain why a QC'r has no choice but to send them back it will help.

So agent from prior sent in his report stating they were all Condo's previously. The client got that report already. If the client orders it from the company again, they want eyes on the scene information as to why those comps are not accurate. A QC'r cannot just send the notice to the client and state 'I've reviewed the prior and these are not good comps' They want it from an agent in the area. Not all of us are only qualified to flip burgers Mass.... We have to go by policies and procedures the client sets even if we can explain to the client without your assistance, a lot of times they won't take it for what it is.

Make sense?

J~

J, so if one ding dong agent has done a report, all subsequent agents doing an order will very likely get a kick back from QC? This will provide credible refutable evidence to support the value and discount the ding dong report.

Sounds about right.

I figured not all are qualified to flip burgers. That is why I said clean the restrooms.

Oh thanks Mass.... I make a terrible cleaner so I guess it's off to flip burgers for me then.

J~

If you can flip burgers, input data, and qc at the same time, I've got a job for you. We don't need a cleaner.......we just dig another hole and move the outhouse......simple enough.....one of the perks of working for a large team..........lol.

I'm a woman... We're born multi-tasking. Do you make jalapeno burgers with pepper jack cheese? Those are the best. I make a killer one.

J~

Yes, I do........that's the main reason when we have the hole dug, they dig it deep....lol.

Well sign me up then... Cali would be a good vacation, been a long time since I've been out to visit the beaches on that side of the states.

J~

The problem is mills EXPECT the good brokers and agents to clean up the previous s*it for free and pay the same crap fee.

That's like saying you have a bad employee and he or she is not here anymore so we are going to dump all of this on you while they go scott free.

I really hope they change the bpo system because the way some mills run it now is crap. I really wonder what Washington would think of changing brokers/agents values without permission and trying to insert comps and influence values?

Excellent point Super. Your reply is one of the best posts I have read here recently.

I will review my BPO - I will only change my value if I was having a bad day and screwed it up - if I was awake, and paying attention - no value change. You know - I got a call the other day from a woman that I had just recently done an interior BPO on her house. She asked me what value I had put on the house - they had denied her loan mod. I told her I didn't remember however I did remember that the builder was still in her subdivision - only 20% built in the first phase of a 4 phase subdivision - and that the builder was now building her house for less then what she paid. It got me to thinking about this thread. If you change your value - someone gets a loan mod. If you said the house was worth more just to shut up QC, haven't we just participated in the inflation of value so that the mortgage company can re-write the mortgage - and won't we stay in the same mortgage mess we are swimming in for longer? Because at some point - most loan mods default - and if they wrote the loan mod based on our BPO - and the house isn't even worth that - messy messy messy - so - nope - not changing my value.

I've been a QC'r long enough to know the prior agent isn't always the one wrong and as a QC'r if you have two reports infront of you and they both have comps with in the thresholds but one is half the value of the other.... you have to ask someone in the area. If you remember what I said in previous threads about agents that do bad priors... We find them, we remove them. So you're helping remove your competion who are not giving as accurate reports as you are. It's in the agents interest to help the mills with this. Do you really want to have QC always have your BPO flag and sit in QC for days on end waiting for a manual Value Variance Check because XXX is also still doing orders since we can't tell he's lowballing properties without your assistance?

J~

It does my heart good to think that agents who do bad reports may actually be removed from the pool of available agents.

Still, I can understand why a QC'er would have to follow up on reports.

I did a valuation a few weeks ago where the variance was so extreme, it was bound to be questioned.

On a property I valued at about 280K, there were two other valuations also performed within about a 2-week period to mine. One order came in at 218K; and the other was close to 400K.

How the QC'er ever put that all together is a mystery to me. I explained how I got my value and that was the best I could do.

The above BPO requires revisions or additional information and can not be sent to the client for the following reason(s):

 The order says that the comp#1 and 2 are 6327.53 Miles away from the subject please make necessary changes.