So I just had another BPO agent that just showed up at the property without notice or contacting us first.. So I had an idea and I wanted some feedback and if anyone had any better ideas.
I am thinking of including a document with the short sale package that we submit to the lender that states the "Instructions for BPO Agent or Appraiser". The instructions would say simply, "Must call Agent at 555-5555 for viewing instructions. Mean dog on premises". Any better ideas out there???
Tags:
I've had that happen. I actually have a good conversation with the homeowner that NO one is to access the property from the bank without me being present.
I do like your BPO instruction sheet idea. That may help things. I've found most BPO's just get an order to evaluate the property and either call the listing agent or go to the property. I'm not sure even if you submit instructions to the lender that those instructions will get to the BPO agent.
Pat,
that would get me to call!
Jim
I use a form specifically for that purpose. Have never had a problem with the BPO agent contacting me, and I always meet them at the property, comps in hand. Can get a copy to you if you like :)
I use a form specifically for that purpose. Have never had a problem with the BPO agent contacting me, and I always meet them at the property, comps in hand. Can get a copy to you if you like :)
I do a lot of BPOs and I have seen some lazy agents who put the owners name as point of contact and some other ones who put their name. This depends on the SS agent. Personally, If the bank gives me the homeowner as POC of contact, I am going to contact the owner, specially if its not listed it. (i usually check the mls first). Second, If It is listed, I would rather have the listing agent to set up the appt. But I rather he/she doesnt show up. Why? because they usually want me to bring my value to what they want and it is annoying! But that is just me! The best thing you could do is to put yourself as POC for any BPOs or appraisers, not the owner.
© 2024 Created by Short Sale Superstars LLC. Powered by
Short Sale Superstars, LLC and www.ShortSaleSuperstars.com does not endorse the real estate agents, loan officers, attorneys, real estate brokers and other participants listed on this site. These real estate profiles, blogs, blog entries and forums are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a short sale. Short Sale Superstars, LLC takes no responsibility for the content on these pages that are written by the members of this community.