CA R
Here is the part of your comment I was addressing:
“If I’m naive, it’s only about the lack of competence among the lenders’ employees.
Again, this is NOT rocket science, and dr boom’s example does not negate what I’m saying. If the lenders don’t have employees who are capable of determining the “highest and best” offers, then they should fire their existing staff and hire more competent people.”
Firing, hiring and training takes time. Lots of it. They are incapable of running efficient, well run organizations and the quality of employees they have access to is underwhelming. Its like most large corporations. What may seem simple to a single intelligent person is fraught with challenges when one tries to operationalize something across a large spectrum.
One question back at you. Are you frustrated because the house sold sold cheaply or because you didnt get it at that price?
Ren
I dont think pointing out naivity is mean spirited. Give me a better word for it and I’ll use it. FYI, The tone I use online is calculated. Its the only way to be heard consistently in a forum like this. Particularly as a realtor. If I wasnt abrupt I would have gotten eaten alive a very long time ago.