#208432 - 03/03/08 03:54 PM
BPOs Just Got Easier
|
Member
Registered: 04/04/06
Posts: 390
Loc: Central NC
|
QC Comments:
"Please remove the comments regarding adjustments as adjustments are not permitted on a BPO."
I made a comment about adjusting for square feet. I guess I don't have to do it anymore!
Gotta love it...
|
|
Top
|
|
|
|
#208521 - 03/03/08 08:59 PM
Re: BPOs Just Got Easier
[Re: Artiste]
|
Member
Registered: 04/04/06
Posts: 390
Loc: Central NC
|
Apparently, with these guys, I will now have to only use comps that are EXACTLY like the subject. That might be a tall order.
|
|
Top
|
|
|
|
#208522 - 03/03/08 09:01 PM
Re: BPOs Just Got Easier
[Re: Rat_Bastard]
|
Member
Registered: 11/23/07
Posts: 82
Loc: FL, US
|
I never put an "adjustment" in writing...
|
|
Top
|
|
|
|
#208528 - 03/03/08 09:18 PM
Re: BPOs Just Got Easier
[Re: MikeD-FL]
|
Member
Registered: 08/27/07
Posts: 102
Loc: FLORIDA
|
I don't understand the issue..when you do a comparative market analysis for a potential listing, don't your adjust for example if there is an inground pool or other amentities affecting value..why is this suddenly wrong in a BPO? How else to you come to a determination of value? This is a day function of being a realtor..
|
|
Top
|
|
|
|
#208536 - 03/03/08 09:41 PM
Re: BPOs Just Got Easier
[Re: MikeD-FL]
|
Member
Registered: 02/25/08
Posts: 380
Loc: Ohio
|
And the reason for that would be..........
|
|
Top
|
|
|
|
#208567 - 03/03/08 11:41 PM
Re: BPOs Just Got Easier
[Re: Cool guy]
|
Member
Registered: 11/06/07
Posts: 298
Loc: Nevada
|
you don't need to discuss or even mention the numeric adjustments you make (unless the form explicitly calls for it). you simply list the property characteristics. give the cretins what they want, and do the adjustments surreptitiously.
|
|
Top
|
|
|
|
#208645 - 03/04/08 10:19 AM
Re: BPOs Just Got Easier
[Re: ColoBroker]
|
Member
Registered: 11/06/07
Posts: 298
Loc: Nevada
|
and I spelt "surreptitiously" correctly WITHOUT using the spell checker!
|
|
Top
|
|
|
|
#208658 - 03/04/08 11:05 AM
Re: BPOs Just Got Easier
[Re: shana]
|
Member
Registered: 11/23/07
Posts: 82
Loc: FL, US
|
Shana and SLO are right on the money.. I do "adjust"... I just don't "adjust" in writing.
I like to see mahagony as much as the next guy, I'd just prefer to see it at the local bar, versus the judges desk.
|
|
Top
|
|
|
|
#208668 - 03/04/08 11:39 AM
Re: BPOs Just Got Easier
[Re: MikeD-FL]
|
Member
Registered: 04/04/06
Posts: 390
Loc: Central NC
|
I had not adjusted in writing either - I just mentioned the phrase "adjust for square footage" to note that this was the only significant difference between the subject and the comps. Maybe it is like "crime," and a word that we cannot use.
I have never wanted to explicitly do my adjustments, like some companies want you to do. And I have done hundreds of BPOs for this outfit, and never got a mention about my comments.
Again, go figure.
|
|
Top
|
|
|
|
Moderator: gfarkas, Greg Phillips, Greg Phillips, Greg Phillips, Greg Phillips, Greg Phillips, Greg Phillips, Gulf Winds, Gulf Winds, Gulf Winds, Gulf Winds, Gulf Winds, Gulf Winds
|
|