Subject property is a single family attached (1/2 of a duplex) 3/2/2 about 1300 LSF. Out of area BPO agent comped it to properties miles away including a 4/2/2 pool home in a luxury neighborhood 2200 LSF and 3000 total, different zip, and different school district. Other two sold comps are just as flipping stupid.
I made contact with this agent prior to BPO and she said she knew the area and I gave her some solid info. She totally disregarded it and the appraisal is about 30% too high.
Contact at Chase sounds hesitant to do a 2nd BPO.
Can anybody tell me who to escalate the file to if I can't get anywhere?
This is a Florida property. Everything was fine until the incompetent Realtor got involved.
I usually supply my own CMA when I submit a short sale offer. When I have had a dispute with another agent's BPO, I then promptly complete my own BPO using a generic BPO form and ask them to please take my BPO to their manager for review. This is the most expeditious way to counter an inaccurate BPO.