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#376293 - 05/19/11 05:48 PM
Re: Stupid QC comments and BPO requirements.
[Re: MassBPOer]
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Veteran Member
Registered: 10/13/08
Posts: 618
Loc: Mass
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I like CC but the order asks for a distressed value. But the instructions say not to use REO comps unless it profiles as an REO. So if they want a distressed value I guess it profiles as an REO. Do they know what they want or not? The subject is not bank owned.
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#376488 - 05/21/11 05:00 AM
Re: Stupid QC comments and BPO requirements.
[Re: MassBPOer]
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Veteran Member
Registered: 08/24/08
Posts: 1008
Loc: Middle of Ohio
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I was QCd on one of my pre-list BPOs. It is a condo, in the hood. Not a lot of condos in the area, let alone solds. So, I pull everything around it, and also go back a year. Solid comps at $15,000 (stop laughing). So I use those and adjust for - are you ready- no kitchen counters, trashed cabinets and no furnance, and plumbing. The solds were all in average condition - kitchens, functional plumbing and furnances - I went in and looked at all the photos, none of them were trashed at $15,000. (Again - stop laughing - yes these are really listings that we sell here and yes for that price). I got QCd to find a comp in similar condition. Ah - huh??? There aren't any hence my tons and tons of comments and adjustments. Now I could not make this up if I tried - just got the listing agreement at $20,400. Why in the world would the list price be $5,000 HIGHER then any of my solds - and that was before I adjusted them for having kitchens and furnances. Good Lord - do you know how long it is going to take to get this thing down to where I will even get showings - at $1500 price reductions every 30-45 days - I might sell it by Xmas for my tiny little $1000 flat fee commission. My AM is on vacation and the AM that QCd me was covering. I love my AMs and I swear I will never get frustrated with them again -
_________________________
"No cause is lost as long as there is one fool left to pursue it". Wil Turner
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#376555 - 05/22/11 05:07 AM
Re: Stupid QC comments and BPO requirements.
[Re: MassBPOer]
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Veteran Member
Registered: 08/24/08
Posts: 1008
Loc: Middle of Ohio
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I thought of that too, and maybe that is why they did it. However, I can't imagine and investor picking up a condo at $20,000 when the houses in the same area are going for $10,000 with no condo fee. We'll see - I could absolutely be wrong, and if I am, then I just learned something new.
_________________________
"No cause is lost as long as there is one fool left to pursue it". Wil Turner
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#378077 - 06/05/11 10:14 AM
Re: Stupid QC comments and BPO requirements.
[Re: MassBPOer]
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Veteran Member
Registered: 10/13/08
Posts: 618
Loc: Mass
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Automated pop up from IAS when trying to submit.
The number you entered in the “Average Marketing Time of Comparable Sales” field varies significantly from the average Days on Market of your three sold comparables. Please review your “Average Marketing Time of Comparable Sales” entry and if, in fact, the average marketing time of all comparable sales in the neighborhood varies significantly from the average marketing time for your sold comparables, please explain in the “Broker Comment” section below. (300 characters max)
My comment. NO IT DOESN'T! STOP WASTING MY TIME AND FIX YOUR SOFTWARE.
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#378078 - 06/05/11 10:18 AM
Re: Stupid QC comments and BPO requirements.
[Re: MassBPOer]
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Veteran Member
Registered: 10/13/08
Posts: 618
Loc: Mass
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Also got this. Please explain why current list price of CL2,CL3 is not between the neighborhood Low/High values. (300 characters max) My comment. Yes they are. PLEASE FIX YOUR SOFTWARE
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#378093 - 06/05/11 12:51 PM
Re: Stupid QC comments and BPO requirements.
[Re: MassBPOer]
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Veteran Member
Registered: 10/13/08
Posts: 618
Loc: Mass
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Same DOM QC pop up on another order. My new reply: "No it doesn't. Add them up and divide by 3. STOP WASTING MY TIME. THIS IS GETTING RIDICULOUS. THIS FORM IS A JOKE. PLEASE GET A NEW SOFTWARE PERSON."
I don't burn bridges, I blow them up.
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#378105 - 06/05/11 05:24 PM
Re: Stupid QC comments and BPO requirements.
[Re: MassBPOer]
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Member
Registered: 07/10/03
Posts: 228
Loc: Illinois
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QC: The house number does not show on your picture. Please so back and take a pic where the house number shows. Me: If I go back 10 times there will still not show a house number as I have explained in the comments section there is none. I used neighbors numbers and old listing of the subject to determine the correct house. QC: OK Please read the report before jumping to conclusions that I don't know how to do my job.
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#378108 - 06/05/11 05:47 PM
Re: Stupid QC comments and BPO requirements.
[Re: MassBPOer]
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Major Contributor
Registered: 07/22/07
Posts: 1574
Loc: PIE/SRQ corridor
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Here is a good one.....
A QCer from a well known mill wants me to use a different number than tax records for the GLA of the subject. This is even with tax records attached to my report.
So I conform to that request, however under subject information source I choose "other" and wrote in this QCer's name in the box.
The file gets kick backed again stating I can't do that, please click "tax records" for subject data source. Ummm McFly "Hello", your number is off by tax records by about 150 sqft feet on a 1,400 GLA home. While this is not a large amount, my name is not going on a report stating tax records info when it clearly is not.
We go back and forth on this one all day today, and the QCers stupidvisor is going to step in tomorrow hopefully to settle this. To say this QCer came from Taco Bell just a few weeks ago would be an insult to the intelligence of those who work in the fast food industry.
Morons..........
_________________________
QC is evil
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#378126 - 06/05/11 07:14 PM
Re: Stupid QC comments and BPO requirements.
[Re: Brad - W4BJM]
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Member
Registered: 12/15/05
Posts: 125
Loc: USA
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Here is a good one.....
A QCer from a well known mill wants me to use a different number than tax records for the GLA of the subject. This is even with tax records attached to my report.
So I conform to that request, however under subject information source I choose "other" and wrote in this QCer's name in the box.
The file gets kick backed again stating I can't do that, please click "tax records" for subject data source. Ummm McFly "Hello", your number is off by tax records by about 150 sqft feet on a 1,400 GLA home. While this is not a large amount, my name is not going on a report stating tax records info when it clearly is not.
We go back and forth on this one all day today, and the QCers stupidvisor is going to step in tomorrow hopefully to settle this. To say this QCer came from Taco Bell just a few weeks ago would be an insult to the intelligence of those who work in the fast food industry.
Morons.......... I really like and agree with this. When the QC request is unreasonable, I always include a comment regarding the "unreasonableness" of the request to change things, but I've never included the QC-er's name. Good one Brad! On a side note, when a qc'er and I went back and forth a few months back, he only included part of my email explanation in "his" remarks in my report, which made me look totally unreasonable. I've been doing this stuff a long time but it made me realize that some of these people are totally clueless and/or devious in getting us to "hit the number". This was a company that I had previously respected, ahem a*m. No longer!
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#378489 - 06/08/11 01:51 PM
Re: Stupid QC comments and BPO requirements.
[Re: MassBPOer]
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Veteran Member
Registered: 10/13/08
Posts: 618
Loc: Mass
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Just got an email from Inside Val. Photo requirements: ORIGINAL and CURRENT Digital Photo Requirements Exterior (6 minimum): Aerial, Front, Side, Address Verification and 2 Street Scene – one of each direction. OK I'll rent a plane.
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#378544 - 06/08/11 05:58 PM
Re: Stupid QC comments and BPO requirements.
[Re: MassBPOer]
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Member
Registered: 07/10/03
Posts: 228
Loc: Illinois
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Mass you can rent a plane, but I need Superman with X-ray vision. On a drive by they want the interior condition and it can't be submitted unless you comment on that.
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#378565 - 06/08/11 08:27 PM
Re: Stupid QC comments and BPO requirements.
[Re: MassBPOer]
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Member
Registered: 03/24/07
Posts: 44
Loc: El Paso County, Colorado
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I've used Google Earth for an aerial shot.
_________________________
W.E."Willie" Bridgeforth,GRI, MRE,REOS Merit Co Inc. 6710 S. Hwy 85/87 Fountain, Colorado 80817 www.williebridgeforth.com
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#378652 - 06/09/11 02:59 PM
Re: Stupid QC comments and BPO requirements.
[Re: MassBPOer]
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Member
Registered: 12/20/08
Posts: 52
Loc: home
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Our tax records have aerials for most properties, and photos too but only about 10% have lot sizes listed.
You could probably use a bucket truck for the aerial, or just assemble some monopoly houses on a piece of cardboard, add trees and draw streets, snap pic, done.
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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.
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Registered: 05/04/12
Posts: 34
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