Surge in allow access orders? - REO Property Preservation Forum
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post #1 of 21 (permalink) Old 03-11-2015, 10:57 PM Thread Starter
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Surge in allow access orders?

We are seeing 3 or 4 of these allow access to appraiser orders a day. This stuff is getting old. These are trip charge orders and we end up on the schedule of the appraiser. We may start installing lock boxes...:whist ling2:
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post #2 of 21 (permalink) Old 03-11-2015, 11:30 PM
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Does it mean that Banks are selling out inventory before next big crash?
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post #3 of 21 (permalink) Old 03-12-2015, 04:50 AM
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We have one guy that must trail us, because he seems to make a habit of showing up just as we are pulling away from the property.
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post #4 of 21 (permalink) Old 03-12-2015, 08:29 AM
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Yep I'm getting alot of those as well. Had one to allow renters in. Apparently another contractor had needed to "use the facilities" while they were doing a roof repair job. They elected to use the bath tub and left the evidence with toilet paper in the bath tub. The renters expected me to clean it. I took pictures, showed my work order that I was only to allow access and left. I'll usually try to knock out a wint refresh while I'm there to make it worth my time, but I see alot of these leading to "Well since you're here can you fix this issue" then when you explain you don't work for free you're looked at like you're a jerk.
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post #5 of 21 (permalink) Old 03-12-2015, 11:03 AM
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Years ago we had a large investment firm that was purchasing a block of business and they hired a security firm to inspect their prospective purchases. We had about 50 of these stupid work orders and they tried to dictate our schedule. We had to set them straight that we will only be at a property at this time and we may be up to an hour late due to scheduling conflicts AND if they weren't there we leave. Of course after about the 10th stop we were always 45-60 min late. After the 20th stop they quit
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post #6 of 21 (permalink) Old 03-12-2015, 01:59 PM
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Quote:
Originally Posted by Wannabe View Post
Years ago we had a large investment firm that was purchasing a block of business and they hired a security firm to inspect their prospective purchases. We had about 50 of these stupid work orders and they tried to dictate our schedule. We had to set them straight that we will only be at a property at this time and we may be up to an hour late due to scheduling conflicts AND if they weren't there we leave. Of course after about the 10th stop we were always 45-60 min late. After the 20th stop they quit
Based on the trip chrge reimbursement, I capped our wait time at a property at 15 minutes. If no one is there within 15 munites of our arrival we leave. I always give them the option of installing a lockbox before we leave - that seldom gets approved though.

Iíve already told you more than I know.
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post #7 of 21 (permalink) Old 03-12-2015, 03:07 PM
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Their is a lot keys inside the power shut off box to the AC units all over.
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post #8 of 21 (permalink) Old 03-12-2015, 04:19 PM
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I'm supposed to be starting up with a new company this week, hopefully I'll be busy enough I can justify only waiting 15 minutes as well
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post #9 of 21 (permalink) Old 03-12-2015, 06:53 PM
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Spring is here, spring is the best time to move as many properties out the back log of inventory. More homes sell during the spring and summer months an any other time of year. Plus less grass to maintain, less violations, less everything.

Now lets look at what the movers and banker shakers are expecting for the market to look like for the next 5 yrs.

Quote:MarketsandMarkets forecasts the Global Field Service Management (FSM) Market to grow from $1.58 billion in 2014 to $3.52 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 17.3%. North America is expected to be the largest market in terms of market size.

Choose wisely my friends. 17.3 percent growth in field management is huge.Grant it it the total field service mgmt services but it still huge growth.

Add this in with the mix.

Mortgage Servicers Transition, But Struggle to Move Past Crisis

To some this article up in the short form, banks will be required to verify the their servicers are going to have to have enough capital on hand to service said property portfolios.. so inclusion we hopefully can and will expect some short changed regionals will get their comeuppance.Hopefully is the key "word" here.
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post #10 of 21 (permalink) Old 03-12-2015, 09:28 PM Thread Starter
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Quote:
Originally Posted by Zuse View Post
Spring is here, spring is the best time to move as many properties out the back log of inventory. More homes sell during the spring and summer months an any other time of year. Plus less grass to maintain, less violations, less everything.

Now lets look at what the movers and banker shakers are expecting for the market to look like for the next 5 yrs.

Quote:MarketsandMarkets forecasts the Global Field Service Management (FSM) Market to grow from $1.58 billion in 2014 to $3.52 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 17.3%. North America is expected to be the largest market in terms of market size.

Choose wisely my friends. 17.3 percent growth in field management is huge.Grant it it the total field service mgmt services but it still huge growth.

Add this in with the mix.

Mortgage Servicers Transition, But Struggle to Move Past Crisis

To some this article up in the short form, banks will be required to verify the their servicers are going to have to have enough capital on hand to service said property portfolios.. so inclusion we hopefully can and will expect some short changed regionals will get their comeuppance.Hopefully is the key "word" here.
While you were typing that 2 more just came over. They called and I explained to them why this sucks. She said you get 35.00 and hour while you wait. I said we aren't waiting more than an hour and out of that 35.00 comes the gas to get there, our time, and the fact that we aren't somewhere else making real money. The cubicle monkeys have such a skewed understanding of what we do. Yes 35.00 an hour would be good money if we did not have to drive to the property or if we were not otherwise engaged.
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