Bank of America, they need to hear from us!!

All of us on this site need to band together and fashion an email letter to the Board of Directors and the CEO of Bank Of America to let them know what is really happening with short sales and their company. I did this about a year ago and sent it to Ken Lewis and I got a response. We all need to do this and let them know what is happening from a seller, buyer and agent perspective. My goal is to get a meeting and fly to their headquarters to speak with them personally. Who is with me? If I forward email addresses, would you be willing to put professional emails together to discuss our concerns? No bashing, nothing nasty but a professional email explaining what we have to go thru to get a BofA short sale completed

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Permalink Reply by Pattilynn Guilford on November 20, 2009 at 5:45pm
Bravo Craig. Thinking they are starting to listen to the troops on the ground and hopefully in the nick of time before the government implements another smoke and mirrors program due to being ignorant. Sometimes it reminds me of the Wizard of Oz...."Pay no attention to the man behind the curtains...."

We are the only ones vested in our profession and the only ones equipped to save it and do what we always do - Help people. Real Estate is a relationship profession unlike any other.

Cheers to a good weekend to everyone. Think good thoughts :)


Craig Baranowski said:
Jeff,

I would be more than happy to help out as well. Bank of America has a great system that has been built for them to streamline the process. The problem is they can not effectively train and implement the new system. REOTrans.com spent 8 months building a custom short sale portal for Bank of America. 8 other national banks will be on this system as well for short sales. The sad part is no one from Bank of America knows how to use the system or has been trained to use it.

I had Chris Saitta, CEO of REOTrans.com give me an unsolicited call last week out of the blue to discuss my thoughts on the Bank of America short sale process and the REOTrans.com relationship. It was a very interesting conversation. You can only imagine how Bank of America has impacted their systems.

The most impressive thing I learned is that the executives are listening, reading the blogs and want productive feedback.

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