Replies to This Discussion

Permalink Reply by Cami Pinsak on September 25, 2012 at 4:44am

I had a negotiator question this for the first time last week.  I hope they are not changing this up, too! 

Permalink Reply by Michelle Adams on September 25, 2012 at 3:20pm

I use a LOA that names us both and I have not had any problems with having the files On my equator and not the agent.

Permalink Reply by joe beauchamp on September 25, 2012 at 6:15pm

I've run into this sophomoric BofA "logic" several times over the last 2 years. It depends upon the level of medication of the paperpusher in the BofA basement and some combination of age and IQ, I think. Hard to tell when reason and logic are secondary at best. Not that I have an opinion or anything. ;-)

Rather than waste time trying to teach BofA reason, I either create an account for the listing agent or he will give me control of it  - and just let the sewer dwelling BofA pinheads enjoy their pointless harassing demand. None of my listing agents ever had a problem with me taking over their account - they have zero interest in dealing with BofA if they have tried a SS in the past or not.

Yes it is stupid, yes it is a hassle to go through multiple accounts - especially with BofA's inability to actually put in any identification of which file you just got this generic email for. But isn't that the **BofA** way?  Hmm??

Permalink Reply by Richard Worcester on September 26, 2012 at 9:26am

Thanks for the input Superstars! Just as I thought - just another mine in the minefield of Bank of America short sale negotiations. Different day, different rules. No accountability or support from management. Some personnel there are great, and some are useless. On whole, Bank of America the best bank to negotiate with - which isn't saying much.

Permalink Reply by Sharona Byrnes on October 19, 2012 at 2:20am

The most frustrating part about this, as an agent who does my own short sales as well as negotiates for other agents, is that you become a "recommended" agent for B of A according to the number of short sales "you" have done with them, which is based on your number of files in Equator!!! So of course I want everything in my own account!

Since I'm an agent, and I only negotiate on behalf of agents in my own office, I usually just can claim to be the listing agent - as the agent is the broker anyway and I'm just his representative!!!