Agents Online Real Estate Forums, Discussion, Realtors Marketing Tips

Follow AgentsOnline on Twitter

Click Here to display our logo on your site and link to us!
AgentsOnline Real Estate Discussion Forums Logo

Good Ideas
Nusetlock.com




REO Prep Foreclosure Listings




BPO REO Secret System




How To Advertise Here

More Good Ideas!
real estate newsletters


Real Estate Websites for Realtors




Build your brand on a Real Estate Site





Facebook
Page 7 of 31 < 1 2 ... 5 6 7 8 9 ... 30 31 >
Topic Options
Rate This Topic
#339307 - 05/26/10 01:19 PM Re: Stupid QC comments and BPO requirements. [Re: Rennie]
neudot Offline
Major Contributor

Registered: 11/02/07
Posts: 1753
Loc: Central New York
HELP!HELP!HELP! Please include damage photos for repair issues mentioned in your report.

The house has no siding. The entire frontal view of the house is the "damage" photo.

Top
#339308 - 05/26/10 01:20 PM Re: Stupid QC comments and BPO requirements. [Re: Rennie]
Rennie Offline
Member

Registered: 12/09/09
Posts: 36
Loc: USA
sorry - didn't make that clear - I entered as within 4 blocks - their mapping software behind the scenes maps it at 6000 miles - I Google mapped it - within 1/2 mile.. I told them there must be something wrong with their software and try a different mapping tool, but they insisted I needed to fix or replace my comps.

Top
#339311 - 05/26/10 01:35 PM Re: Stupid QC comments and BPO requirements. [Re: Rennie]
PMR Offline
Member

Registered: 05/17/10
Posts: 82
Loc: CA
[quote=Rennie]sorry - didn't make that clear - I entered as within 4 blocks - their mapping software behind the scenes maps it at 6000 miles - I Google mapped it - within 1/2 mile.. I told them there must be something wrong with their software and try a different mapping tool, but they insisted I needed to fix or replace my comps. [/quote]

Just explain to them that was the closest comparable available. If they're going to be that dense with understanding your explanation regarding the mapping software, then they would probably be dense enough to accept your explanation that it was the closest comparable available. Yes, you did in fact review the 10 million or so other listings, and none of them are as comparable as the listing 6,000 miles away.

Top
#339495 - 05/28/10 02:24 PM Re: Stupid QC comments and BPO requirements. [Re: PMR]
MassBPOer Offline
Veteran Member

Registered: 10/13/08
Posts: 618
Loc: Mass
SSDD
The client is asking why we didn't use a recent comp that closed 4/16 at ....

This on an order I did 2 weeks ago.

Who is we? I did the order. And they want an answer today. Sorry, maybe Tuesday QC Moron.

Top
#339887 - 06/02/10 06:42 PM Re: Stupid QC comments and BPO requirements. [Re: MassBPOer]
Highest&Best Offline
Veteran Member

Registered: 08/17/07
Posts: 815
Loc: Houston, TX
"As per the map we have the mileage information for sold comp #2 as 0.06, please make the changes as per the map."

Umm, the system automatically calculated the distance shown in sold comp 2 and placed a value in that field of .1, probably a rounding of .06. The auto-calculation feature in this field will not let me override it, so if you want that level of granularity you will have to do it yourself.
_________________________
MBA, Realtor since 2004
Co-owner of two brokerages

Top
#339976 - 06/03/10 02:30 PM Re: Stupid QC comments and BPO requirements. [Re: Rocky]
Ellen45 Offline
Veteran Member

Registered: 06/13/07
Posts: 1006
Loc: USA
My pet peeve with QC is when they keep raising the bar. For intsance, I do a lot of business in a rural area where hardly any homes have addresses on them. So I always add a comment saying how I determined it was the right property. No problem. Until today. Suddenly "the client requires blah blah blah this that and the other". It's the same client I've been doing work for for months. They haven't changed their requirements, I would be willing to bet. The QCer just thought it would be fun to start adding on new "requirements".

I swear, some of these people just get off on QCing for the fun of it.

Top
#339977 - 06/03/10 02:35 PM Re: Stupid QC comments and BPO requirements. [Re: ....J~]
Ellen45 Offline
Veteran Member

Registered: 06/13/07
Posts: 1006
Loc: USA
Originally Posted By: ....J~
Originally Posted By: MassBPOer
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~


Yeah, it makes sense but I wonder why it is sometimes that I am asked to not only do extra work for no pay because some other agent is a moron but I get dinged on having "too many" QC when a good third of them are like that.


Edited by Ellen45 (06/03/10 02:36 PM)

Top
#339981 - 06/03/10 02:43 PM Re: Stupid QC comments and BPO requirements. [Re: Ellen45]
OverTheEdge Offline
Veteran Member

Registered: 08/24/08
Posts: 1008
Loc: Middle of Ohio
OK - can I throw an reo listing requirement in here? I did an exterior BPO for one of my listings at the end of April. Property is now vacant and re-keyed with a lockbox. Got another exterior BPO request - I e-mailed the AM and said I now have interior access do you want to change it to an interior - to which he responded "The Drive By BPO is just to make sure the property is secured and safe. That's it. Thanks." So why am I getting a BPO request instead of a lockbox conformation request? A three page BPO with 6 comps for what???? I'm telling you right now - not doing the BPO - just putting in the comments section that per the AM's request - property is secure. Think I'll get it back - I figure its a 50/50 shot.
_________________________
"No cause is lost as long as there is one fool left to pursue it". Wil Turner

Top
#339987 - 06/03/10 04:10 PM Re: Stupid QC comments and BPO requirements. [Re: OverTheEdge]
neudot Offline
Major Contributor

Registered: 11/02/07
Posts: 1753
Loc: Central New York
I think you'll get it back. Just copy all the data from the prior and resubmit it with the "property is now secured" info.

Top
#340148 - 06/04/10 10:14 PM Re: Stupid QC comments and BPO requirements. [Re: Highest&Best]
CandyMan Offline
Major Contributor

Registered: 07/12/08
Posts: 2480
Loc: California
What a friggin' QC day.......and just when I thought I had them beat at their game......lol

My day starts off.....QC emails me....."please change all your comps to Fair Market Value as you indicated subject wasn't in an REO driven market". I replied, " Subject is in a Short Sale driven market, not REO". QC replies, "Please change all your comps to Fair Market Value" (when cows fly, I thought...lol)....Ya think I was falling on deaf ears? So, I try again....."There are only a total of 2 FMV's available...
you are requesting the impossible". He replies, "Our client considers Short sales and REO's equal and should be classified as same". I'm ROTF, by then. I then said. "If I change the report to REO driven market and make additional comments, are we good to go?". He says "yes". Works for me...I have to assume he never read my additional comments, as I stated "QC has indicated client considers Short Sales and REO's one of the same, and report should indicate market is REO driven....I disagree".

This afternoon was the icing on the cake. I'm out taking pictures.....show up at one property in a very old part of town.....subject is just a shell....just studs, floor, and no roof....has $440k mortgage against it...looks like it might be in rehab.....goes to auction next week......not sure who's going to get the biggest surprise.....the bank or the crew doing the rehab?

Soooooooooooooo, how was your Friday?........lol
_________________________
PONDERISM:

"Life isn't about waiting for the storm to pass........It's learning how to dance in the rain".

Top
#340154 - 06/04/10 11:10 PM Re: Stupid QC comments and BPO requirements. [Re: CandyMan]
jdharpe Offline
Member

Registered: 10/11/08
Posts: 301
Loc: Washington
how about this one, "please supply before and after photo for rekey expense" really?

Top
#340161 - 06/05/10 07:32 AM Re: Stupid QC comments and BPO requirements. [Re: jdharpe]
OverTheEdge Offline
Veteran Member

Registered: 08/24/08
Posts: 1008
Loc: Middle of Ohio
BOA requires that - I have always been tempted to ask the field services guy to do the little hand poses like Vanna White. I take one of the knob and deadbolt - then one when it is totally removed, then one when it is all back together with the lockbox on the knob and then the upclose of the lockbox set to the combo. I did learn that the little flower button on my camera is for super close - had this camera forever - never knew that until 3 weeks ago - now you can see the numbers on the lockbox in the picture. What would they do with the Vanna White photos? I am tempted.
Candy - too funny - you have now proven that QC doesn't read original comments and the corrected comments - its offical.
_________________________
"No cause is lost as long as there is one fool left to pursue it". Wil Turner

Top
#340191 - 06/05/10 12:22 PM Re: Stupid QC comments and BPO requirements. [Re: OverTheEdge]
....J~ Offline
Veteran Member

Registered: 07/13/09
Posts: 800
Loc: USA
Originally Posted By: OverTheEdge
Candy - too funny - you have now proven that QC doesn't read original comments and the corrected comments - its offical.
Or proven that they just remove the agents comments so it isn't sent to the client.

J~
_________________________
"Competition brings out the best in products and the worst in people."

Top
#340197 - 06/05/10 01:04 PM Re: Stupid QC comments and BPO requirements. [Re: ....J~]
CandyMan Offline
Major Contributor

Registered: 07/12/08
Posts: 2480
Loc: California
Originally Posted By: ....J~
Originally Posted By: OverTheEdge
Candy - too funny - you have now proven that QC doesn't read original comments and the corrected comments - its offical.
Or proven that they just remove the agents comments so it isn't sent to the client.

J~


I thought about that in advance. I copied my report. I'll go back and check their records in two weeks to see if any changes have been made. For additional insurance, I copied QC's email (aka: paper trail) stating the clients comment pertaining to Short Sales and REO's being one of the same.........You just gotta love this electronic age........lol
_________________________
PONDERISM:

"Life isn't about waiting for the storm to pass........It's learning how to dance in the rain".

Top
#340200 - 06/05/10 01:59 PM Re: Stupid QC comments and BPO requirements. [Re: ....J~]
Brad - W4BJM Offline
Major Contributor

Registered: 07/22/07
Posts: 1574
Loc: PIE/SRQ corridor
Originally Posted By: ....J~
Originally Posted By: OverTheEdge
Candy - too funny - you have now proven that QC doesn't read original comments and the corrected comments - its offical.
Or proven that they just remove the agents comments so it isn't sent to the client.

J~


I really would hate to think that happens, which would be disheartening. The reason being is I truly feel I well document my adjustments used with comparables, as well as my summary as to how I determined value. That includes how much weight I put on certain comps in reaching my value conclusion. Sometimes I'll spend more time in my comments that I will on any other part of my report if it is a difficult property to comp.

It would sadden me to think all that time is in waste/vain.
_________________________
QC is evil

Top
Page 7 of 31 < 1 2 ... 5 6 7 8 9 ... 30 31 >






Moderator:  jbt4re 
Google Custom Forum Search

This Google Custom search may do a better job of searching the forums for some keywords than the old forum search does. The results do not include threads from the Asset Managers Forum however. To search that forum you will need to be actually in the Asset Managers Forum and you will need to use the old forum search below.
Search

Good Ideas!
real estate newsletters




How To Advertise Here

Sponsors

Newest Members
CourtneyFields19, theshortsaledude, toorgeman123, D best Realtor, Nilufar Yeasmin
21439 Registered Users
Who's Online
6 registered (DueDiligence, BpoBill, OrlandoAgent, Peace ☼, Mez, 1 invisible), 160 Guests and 2 Spiders online.
Key: Admin, Global Mod, Mod
Shout Box

Top Posters (30 Days)
Vermont 78
KingofBPOs 55
Brit16 51
DueDiligence 37
super realtor 36
Bigtoe 35
johnnyloans 34
Averis 34
SoldWithVideo 32
Kjmendy 29
RIzwan 29
75Corvette 25
Scintillion 25
Doin' bpose 24
Brad - W4BJM 23
(Views)Popular Topics
No new orders today 4757898
I MAKE 100 COLD CALLS EVERY DAY & LOVE IT! 2707913
Stupid MLS comments. 959091
EML 458010
Evalonline 299689
What do you know about Froy Candelario, top agent in USA 291078
Land America 285007
New HUD Listing Brokers---Any Update? 269762
Mainstreet 261768
Pay it Forward - BPO/REO Tips & Tricks I & II 239420
Stupid QC comments and BPO requirements. 230721
Is there religious content in Buffini class? 225897
FARVV 177251
REOTRANS 160813
Let's talk about our cars 147784
USRES / RES.NET 147658
asset val seminar in colorado 144137
AVM Bpos 139643
FARVV 126764
PAS 118332
Featured Member
Registered: 06/10/11
Posts: 5

How To Advertise Here


This site presented by RNC Internet Services