"Enough is Enough lets call Dave Ransy or lets call the Navy Seals to deals to take action, they are quick and fast LOL"
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Anthony Castellon commented on John E. Roberts's blog post Servicing Company using bogus subcontractor to skim 1% for themselves
Joseph C. Alfe commented on John E. Roberts's blog post Servicing Company using bogus subcontractor to skim 1% for themselves"@Danielle..This scenario is plain wrong and why third party negotiators get a bad name. I have a fee agreement signed by all parties at the time of contract. To spring this on someone at the end is ridiculous and I would have refused to…"
"John help me out here. Are you saying the third party was hired by the servicer and worked in the role of
negotiator and ended up demanding 1% to compensate them? I think I ran into this situation on a recent SS. I had already sent my package to…"
Danielle Graychik commented on John E. Roberts's blog post Servicing Company using bogus subcontractor to skim 1% for themselves"I closed a deal recently in which my buyers offered the list price on a short sale. They were cash buyers. The agent called and suggested we reduce our offer by 10k and use the 10k for any fees the bank refused to pay and a potential lien on the…"
Chris B Johnson CDPE liked John E. Roberts's blog post Servicing Company using bogus subcontractor to skim 1% for themselves
Steven Pawera commented on John E. Roberts's blog post Servicing Company using bogus subcontractor to skim 1% for themselves"This scenario was an early concern in the language of the HAFA program where the servicers might utilize 'transaction services' or some bizzare terminology. (This is a HAFA transaction we are discussing, or I have no idea anyone…"
Esperanza Adams commented on John E. Roberts's blog post Servicing Company using bogus subcontractor to skim 1% for themselves"This has happened to me a few times and it is just unfair! If enough people unite together and challenge them on this fee and report each and everytime, we are sending a HUGE statement that we have had enough. I am sorry to say that most people jump…"
Lynn d' Lindsey commented on John E. Roberts's blog post Servicing Company using bogus subcontractor to skim 1% for themselves"Thank you for this article. I just had a company (NCII) saying they were with Citi Mortgage go to the seller's home in a termite truck, to strong arm them in to using them for a short sale when my sign was already in the yard and the bank…"
Rose Mencia commented on John E. Roberts's blog post Servicing Company using bogus subcontractor to skim 1% for themselves"Awesome info!! Thank YOU!!!!
"
Kim Marin commented on John E. Roberts's blog post Servicing Company using bogus subcontractor to skim 1% for themselves"Everybody has their hands in our pockets to grab our meager commissions! Even if it were a referral fee, the listing brokerage would have had to agree to take the referral. I always scratch my head when, in our normal course of business,…"
Sharre DaCosta, CDPE, GRI, SFR commented on John E. Roberts's blog post Servicing Company using bogus subcontractor to skim 1% for themselves"Thanks, John! Great information and great post!"
Lisa Allen, CDPE, SFR, CSSG commented on John E. Roberts's blog post Servicing Company using bogus subcontractor to skim 1% for themselves"I have not seen this in my State of Georgia but will now be on the lookout just in case...Good Stuff."
Mike Linkenauger commented on John E. Roberts's blog post Servicing Company using bogus subcontractor to skim 1% for themselves"We operate by earning referral fees, which we can do in all 50 states as a licensed real estate brokerage company. Are they claiming it is a "referral fee" maybe? "
Jennie Blackburn, Realtor, CDPE, commented on John E. Roberts's blog post Servicing Company using bogus subcontractor to skim 1% for themselves"John, thank you SO MUCH for posting this!! Incidentally, regardless of reciprocity between states, we are only obligated to share commission with members of our local board of Realtors. "
Profile Information
- Occupation
- Realtor, Real Estate Broker
- Areas You Service (be VERY specific specific and include ALL counties, cities, states, and towns you service!)
- Servicing The Charlotte metro area including Waxhaw, Mint Hill, Matthews, Cornelius, Huntersville, Belmont, Weddington, Marvin,NC;as well as Fort Mill and Clover, SC.
- Short Sale Designations and/or Special Training
- CSSS (Certified Short Sale Specialist), Equator Certified, HRC (Home Retention Consultant)
- Website
- http://JohnRobertsProperties.com
- Short Sale Transactions Completed
- 25-50
- Do you have any experience in Commercial Real Estate? If so, do you have the CCIM or any commercial designations? How many commercial transactions and dollar volume have you CLOSED?
- No
- About Me/Profile of yourself: - Please add your Brokerage Company name also!
- 25+ years of business experience, and a native of the Charlotte Region. John is the lead agent of The Life Worth Living Team serving the 8 county metro area in both North and South Carolina. Our short sale department consists of John Roberts and Tyler Havaerd who ensure each listing receives proper attention from lenders, and buyers agents, and sellers get the feedback they need to be confident the transaction is getting the attention it deserves. They are backed up by a team of legal specialists and service providers to get the job done!
- Put in todays date! This is to help stop spammers!
- May 4, 2011
- PLEASE READ THIS!!! - This site is primarily for Realtors, REAL buyers or sellers with questions are welcome to ask, anyone here for other purposes may be banned. 1. Because this site is primarily for agents agents, Any soliciting is pointless and is not allowed. Please do not sell or promote products or services in any way, directly or indirectly. Do not link or sneak in links promoting your services on comments, posts, discussions or blogs. You may have links on your profile pages to your websites as long as your are not selling things other than real estate! Again, absolutely no outgoing links to your websites, blogs or listings 2. Do not speak disparagingly about members on this site. This community is meant to be helpful, and we are here to help each other. 3. We reserve the right to delete content and/or ban members that violate these rules. 4. Member Name (Full Name Field) format must be FIRST NAME, then LAST NAME! Please no company names, DESIGNATIONS, or website in the name field! Please read the terms of service under the "home" tab! IF YOU AGREE TO THESE TERMS, PLEASE TYPE "I AGREE" IN THE BOX BELOW!! Thanks for your cooperation, and welcome to the Network!
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John E. Roberts's Blog
Servicing Company using bogus subcontractor to skim 1% for themselves
Posted on January 23, 2012 at 2:00pm 13 Comments 1 Like
A few days ago there was a post about bogus subcontractors skiming 1 % of our commission. I encountered this this week and the story follows. We do not have to stand for this! You State Association can help.
I had this happen last week. We closed the sale so the buyers and seller could move on then we referred it to the NC Real Estate Commission. What we discovered is that this group, NCLM out of Connecticut; is a licensed RE Brokerage. They claim reciprocal rights with…
WF Apollo Loan Mod
Posted on August 8, 2011 at 3:41pm 0 Comments 0 Likes
I can't find much on this program online. I have a client that is approved for an Apollo Loan Mod, that defers a significant amount (>$26,000). It also extends the loan out 15 years more than the original loan. While is does save her money, she is inclined to turn it down. Would this negatively affect our ability to get a short sale approved?
Comment Wall (2 comments)
- At 3:16pm on February 08, 2010, Mike Linkenauger gave John E. Roberts a gift…
- At 10:23pm on January 22, 2010, Mike Linkenauger said…
- Glad to see you on here John! We just stuck a deal with a North Carolina lender, should have many more comming up in your area soon!
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