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November 3, 2009 at 3:32 PM #476996November 3, 2009 at 3:32 PM #477169
UCGal
Participant[quote=outtamojo]So the BBB has the Moody’s business model, gosh I never knew that thanks.[/quote]
From their “About us” page:
Better Business Bureaus are private non-profit organizations financed almost exclusively by accredited business dues—dues paid by businesses and professional firms in local communities.
… snip
Our mission is to advance marketplace integrity through business self-regulation, assist in resolving disputes, and correct abuses to serve the best interests of the consuming public and business.
http://sandiego.bbb.org/about-us/what-we-do/And from the FAQ:
Does BBB Accreditation mean something different from BBB membership?No. The two are synonyms. From BBB inception, businesses that apply to the BBB have undergone a detailed review process and committed to abide by a set of ethical standards for marketplace conduct.
http://sandiego.bbb.org/bbb-faqs/#Does%20BBB%20Accreditation
Further reading shows that the review process involves asking the business under review to answer some questions. Not a very vigorous or impartial review, IMO. And if the business is not a dues paying member, the BBB won’t even take the complaint.
Yep – it does have the same business model as Moody’s or S&P rating agencies.
November 3, 2009 at 3:32 PM #477534Participant[quote=outtamojo]So the BBB has the Moody’s business model, gosh I never knew that thanks.[/quote]
From their “About us” page:
Better Business Bureaus are private non-profit organizations financed almost exclusively by accredited business dues—dues paid by businesses and professional firms in local communities.
… snip
Our mission is to advance marketplace integrity through business self-regulation, assist in resolving disputes, and correct abuses to serve the best interests of the consuming public and business.
http://sandiego.bbb.org/about-us/what-we-do/And from the FAQ:
Does BBB Accreditation mean something different from BBB membership?No. The two are synonyms. From BBB inception, businesses that apply to the BBB have undergone a detailed review process and committed to abide by a set of ethical standards for marketplace conduct.
http://sandiego.bbb.org/bbb-faqs/#Does%20BBB%20Accreditation
Further reading shows that the review process involves asking the business under review to answer some questions. Not a very vigorous or impartial review, IMO. And if the business is not a dues paying member, the BBB won’t even take the complaint.
Yep – it does have the same business model as Moody’s or S&P rating agencies.
November 3, 2009 at 3:32 PM #477613Participant[quote=outtamojo]So the BBB has the Moody’s business model, gosh I never knew that thanks.[/quote]
From their “About us” page:
Better Business Bureaus are private non-profit organizations financed almost exclusively by accredited business dues—dues paid by businesses and professional firms in local communities.
… snip
Our mission is to advance marketplace integrity through business self-regulation, assist in resolving disputes, and correct abuses to serve the best interests of the consuming public and business.
http://sandiego.bbb.org/about-us/what-we-do/And from the FAQ:
Does BBB Accreditation mean something different from BBB membership?No. The two are synonyms. From BBB inception, businesses that apply to the BBB have undergone a detailed review process and committed to abide by a set of ethical standards for marketplace conduct.
http://sandiego.bbb.org/bbb-faqs/#Does%20BBB%20Accreditation
Further reading shows that the review process involves asking the business under review to answer some questions. Not a very vigorous or impartial review, IMO. And if the business is not a dues paying member, the BBB won’t even take the complaint.
Yep – it does have the same business model as Moody’s or S&P rating agencies.
November 3, 2009 at 3:32 PM #477834Participant[quote=outtamojo]So the BBB has the Moody’s business model, gosh I never knew that thanks.[/quote]
From their “About us” page:
Better Business Bureaus are private non-profit organizations financed almost exclusively by accredited business dues—dues paid by businesses and professional firms in local communities.
… snip
Our mission is to advance marketplace integrity through business self-regulation, assist in resolving disputes, and correct abuses to serve the best interests of the consuming public and business.
http://sandiego.bbb.org/about-us/what-we-do/And from the FAQ:
Does BBB Accreditation mean something different from BBB membership?No. The two are synonyms. From BBB inception, businesses that apply to the BBB have undergone a detailed review process and committed to abide by a set of ethical standards for marketplace conduct.
http://sandiego.bbb.org/bbb-faqs/#Does%20BBB%20Accreditation
Further reading shows that the review process involves asking the business under review to answer some questions. Not a very vigorous or impartial review, IMO. And if the business is not a dues paying member, the BBB won’t even take the complaint.
Yep – it does have the same business model as Moody’s or S&P rating agencies.
December 22, 2009 at 5:21 PM #496546Anonymous
GuestHere was our final experience.
After 6 months of waiting I finally got hold of “John” from the Battiata office. “John” was really nice and spoke with me for about 30 minutes on the whole thing. The conversation came down to this: “You aren’t going to get the house”. We bid 7$75,000 over the asking price. I can guarantee that the original offer that was submitted to the bank was not that high, which means they DON’T always submit best and highest. Just like an earlier comment, we ended up having to submit FOUR different offers before we gave up.
We switched to a realtor who happened to have experience with Battiata. She said that he takes the first offer that comes in on a short sale and then sends that to the bank however, the SELLER never SIGNS the offer. This means that the buyer does not have an accepted offer and Battiata can then let the process run and if it actually makes it to completion, can decide on any other offer he wants to take. It is most common for Battiata to spend the time during the approval process finding his own buyer, that way he does not have to split the commission which is usually less than 6% in short sale situations.
We are now in a short sale with another seller/realtor and after 4 weeks have all of the paper work submitted, appraisal done, and are waiting on the final acceptance (expected in the next week or so).
The original house that we really wanted, well, that has now been on the market for over 200 days with Battiata.
December 22, 2009 at 5:21 PM #496698GuestHere was our final experience.
After 6 months of waiting I finally got hold of “John” from the Battiata office. “John” was really nice and spoke with me for about 30 minutes on the whole thing. The conversation came down to this: “You aren’t going to get the house”. We bid 7$75,000 over the asking price. I can guarantee that the original offer that was submitted to the bank was not that high, which means they DON’T always submit best and highest. Just like an earlier comment, we ended up having to submit FOUR different offers before we gave up.
We switched to a realtor who happened to have experience with Battiata. She said that he takes the first offer that comes in on a short sale and then sends that to the bank however, the SELLER never SIGNS the offer. This means that the buyer does not have an accepted offer and Battiata can then let the process run and if it actually makes it to completion, can decide on any other offer he wants to take. It is most common for Battiata to spend the time during the approval process finding his own buyer, that way he does not have to split the commission which is usually less than 6% in short sale situations.
We are now in a short sale with another seller/realtor and after 4 weeks have all of the paper work submitted, appraisal done, and are waiting on the final acceptance (expected in the next week or so).
The original house that we really wanted, well, that has now been on the market for over 200 days with Battiata.
December 22, 2009 at 5:21 PM #497079GuestHere was our final experience.
After 6 months of waiting I finally got hold of “John” from the Battiata office. “John” was really nice and spoke with me for about 30 minutes on the whole thing. The conversation came down to this: “You aren’t going to get the house”. We bid 7$75,000 over the asking price. I can guarantee that the original offer that was submitted to the bank was not that high, which means they DON’T always submit best and highest. Just like an earlier comment, we ended up having to submit FOUR different offers before we gave up.
We switched to a realtor who happened to have experience with Battiata. She said that he takes the first offer that comes in on a short sale and then sends that to the bank however, the SELLER never SIGNS the offer. This means that the buyer does not have an accepted offer and Battiata can then let the process run and if it actually makes it to completion, can decide on any other offer he wants to take. It is most common for Battiata to spend the time during the approval process finding his own buyer, that way he does not have to split the commission which is usually less than 6% in short sale situations.
We are now in a short sale with another seller/realtor and after 4 weeks have all of the paper work submitted, appraisal done, and are waiting on the final acceptance (expected in the next week or so).
The original house that we really wanted, well, that has now been on the market for over 200 days with Battiata.
December 22, 2009 at 5:21 PM #497165GuestHere was our final experience.
After 6 months of waiting I finally got hold of “John” from the Battiata office. “John” was really nice and spoke with me for about 30 minutes on the whole thing. The conversation came down to this: “You aren’t going to get the house”. We bid 7$75,000 over the asking price. I can guarantee that the original offer that was submitted to the bank was not that high, which means they DON’T always submit best and highest. Just like an earlier comment, we ended up having to submit FOUR different offers before we gave up.
We switched to a realtor who happened to have experience with Battiata. She said that he takes the first offer that comes in on a short sale and then sends that to the bank however, the SELLER never SIGNS the offer. This means that the buyer does not have an accepted offer and Battiata can then let the process run and if it actually makes it to completion, can decide on any other offer he wants to take. It is most common for Battiata to spend the time during the approval process finding his own buyer, that way he does not have to split the commission which is usually less than 6% in short sale situations.
We are now in a short sale with another seller/realtor and after 4 weeks have all of the paper work submitted, appraisal done, and are waiting on the final acceptance (expected in the next week or so).
The original house that we really wanted, well, that has now been on the market for over 200 days with Battiata.
December 22, 2009 at 5:21 PM #497410GuestHere was our final experience.
After 6 months of waiting I finally got hold of “John” from the Battiata office. “John” was really nice and spoke with me for about 30 minutes on the whole thing. The conversation came down to this: “You aren’t going to get the house”. We bid 7$75,000 over the asking price. I can guarantee that the original offer that was submitted to the bank was not that high, which means they DON’T always submit best and highest. Just like an earlier comment, we ended up having to submit FOUR different offers before we gave up.
We switched to a realtor who happened to have experience with Battiata. She said that he takes the first offer that comes in on a short sale and then sends that to the bank however, the SELLER never SIGNS the offer. This means that the buyer does not have an accepted offer and Battiata can then let the process run and if it actually makes it to completion, can decide on any other offer he wants to take. It is most common for Battiata to spend the time during the approval process finding his own buyer, that way he does not have to split the commission which is usually less than 6% in short sale situations.
We are now in a short sale with another seller/realtor and after 4 weeks have all of the paper work submitted, appraisal done, and are waiting on the final acceptance (expected in the next week or so).
The original house that we really wanted, well, that has now been on the market for over 200 days with Battiata.
December 22, 2009 at 6:02 PM #496551GuestLizzibear I sent you a private message.
We were successful with a short sale with Battiata. The only reason I believe is because my husband had an old co-worker/friend who now works high up in the bank who held the loan. His friend had our offer looked at and pushed through. We were just very lucky and the only reason he contacted his friend was because after reading this site for months I pushed him to.
We did not find out our offer was accepted until a week after it was and by our contact at the bank. Not the Battiata group. The response they gave us was they could not find the sellers to sign the documents and they were out of town. Well I found the sellers and we showed up at their door. They are wonderful people and had never heard of us or had been contacted or had left town. Battiata had all of their phone numbers and address.
It was all very strange as to why we were lied to and not told about our offer being accepted.
We did get the house but after many unpleasant experiences with this group during the entire process.
December 22, 2009 at 6:02 PM #496703GuestLizzibear I sent you a private message.
We were successful with a short sale with Battiata. The only reason I believe is because my husband had an old co-worker/friend who now works high up in the bank who held the loan. His friend had our offer looked at and pushed through. We were just very lucky and the only reason he contacted his friend was because after reading this site for months I pushed him to.
We did not find out our offer was accepted until a week after it was and by our contact at the bank. Not the Battiata group. The response they gave us was they could not find the sellers to sign the documents and they were out of town. Well I found the sellers and we showed up at their door. They are wonderful people and had never heard of us or had been contacted or had left town. Battiata had all of their phone numbers and address.
It was all very strange as to why we were lied to and not told about our offer being accepted.
We did get the house but after many unpleasant experiences with this group during the entire process.
December 22, 2009 at 6:02 PM #497083GuestLizzibear I sent you a private message.
We were successful with a short sale with Battiata. The only reason I believe is because my husband had an old co-worker/friend who now works high up in the bank who held the loan. His friend had our offer looked at and pushed through. We were just very lucky and the only reason he contacted his friend was because after reading this site for months I pushed him to.
We did not find out our offer was accepted until a week after it was and by our contact at the bank. Not the Battiata group. The response they gave us was they could not find the sellers to sign the documents and they were out of town. Well I found the sellers and we showed up at their door. They are wonderful people and had never heard of us or had been contacted or had left town. Battiata had all of their phone numbers and address.
It was all very strange as to why we were lied to and not told about our offer being accepted.
We did get the house but after many unpleasant experiences with this group during the entire process.
December 22, 2009 at 6:02 PM #497169GuestLizzibear I sent you a private message.
We were successful with a short sale with Battiata. The only reason I believe is because my husband had an old co-worker/friend who now works high up in the bank who held the loan. His friend had our offer looked at and pushed through. We were just very lucky and the only reason he contacted his friend was because after reading this site for months I pushed him to.
We did not find out our offer was accepted until a week after it was and by our contact at the bank. Not the Battiata group. The response they gave us was they could not find the sellers to sign the documents and they were out of town. Well I found the sellers and we showed up at their door. They are wonderful people and had never heard of us or had been contacted or had left town. Battiata had all of their phone numbers and address.
It was all very strange as to why we were lied to and not told about our offer being accepted.
We did get the house but after many unpleasant experiences with this group during the entire process.
December 22, 2009 at 6:02 PM #497415GuestLizzibear I sent you a private message.
We were successful with a short sale with Battiata. The only reason I believe is because my husband had an old co-worker/friend who now works high up in the bank who held the loan. His friend had our offer looked at and pushed through. We were just very lucky and the only reason he contacted his friend was because after reading this site for months I pushed him to.
We did not find out our offer was accepted until a week after it was and by our contact at the bank. Not the Battiata group. The response they gave us was they could not find the sellers to sign the documents and they were out of town. Well I found the sellers and we showed up at their door. They are wonderful people and had never heard of us or had been contacted or had left town. Battiata had all of their phone numbers and address.
It was all very strange as to why we were lied to and not told about our offer being accepted.
We did get the house but after many unpleasant experiences with this group during the entire process.
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