Battiata & Associates

[sdrealtor]

It’s funny because I went to his site and read those approval letters. Many of them had the name of the seller crossed off in one place but not in others. It was just plain sloppy work and if I was one of those clietns I’d probably sue him for disclosing the details of my confidential business dealings. I also have some experience with approval letters from some of the banks he posted and have similar letters reviewed by a few attorneys. Those letters provide veru little if any protection from deficiency judgements down the road. I hope he plans on moving to Costa Rica because as investors wake up and start going after selelrs who had improperly negotiated short sales he’s open to a huge liability. Oh well, his problem…not mine.

[sdrealtor]

It’s funny because I went to his site and read those approval letters. Many of them had the name of the seller crossed off in one place but not in others. It was just plain sloppy work and if I was one of those clietns I’d probably sue him for disclosing the details of my confidential business dealings. I also have some experience with approval letters from some of the banks he posted and have similar letters reviewed by a few attorneys. Those letters provide veru little if any protection from deficiency judgements down the road. I hope he plans on moving to Costa Rica because as investors wake up and start going after selelrs who had improperly negotiated short sales he’s open to a huge liability. Oh well, his problem…not mine.

[sdrealtor]

It’s funny because I went to his site and read those approval letters. Many of them had the name of the seller crossed off in one place but not in others. It was just plain sloppy work and if I was one of those clietns I’d probably sue him for disclosing the details of my confidential business dealings. I also have some experience with approval letters from some of the banks he posted and have similar letters reviewed by a few attorneys. Those letters provide veru little if any protection from deficiency judgements down the road. I hope he plans on moving to Costa Rica because as investors wake up and start going after selelrs who had improperly negotiated short sales he’s open to a huge liability. Oh well, his problem…not mine.

[sdrealtor]

It’s funny because I went to his site and read those approval letters. Many of them had the name of the seller crossed off in one place but not in others. It was just plain sloppy work and if I was one of those clietns I’d probably sue him for disclosing the details of my confidential business dealings. I also have some experience with approval letters from some of the banks he posted and have similar letters reviewed by a few attorneys. Those letters provide veru little if any protection from deficiency judgements down the road. I hope he plans on moving to Costa Rica because as investors wake up and start going after selelrs who had improperly negotiated short sales he’s open to a huge liability. Oh well, his problem…not mine.

[sdrealtor]

It’s funny because I went to his site and read those approval letters. Many of them had the name of the seller crossed off in one place but not in others. It was just plain sloppy work and if I was one of those clietns I’d probably sue him for disclosing the details of my confidential business dealings. I also have some experience with approval letters from some of the banks he posted and have similar letters reviewed by a few attorneys. Those letters provide veru little if any protection from deficiency judgements down the road. I hope he plans on moving to Costa Rica because as investors wake up and start going after selelrs who had improperly negotiated short sales he’s open to a huge liability. Oh well, his problem…not mine.

[sdrealtor]

Accountability time!

Here’s the claim, his words not mine:

“As for sdrealtor, your #’s are inaccurate – we will sell over 100 homes this year and the marketing I do has nothing to do with a “sales process that was created by an agent up in Canada.”

As for short sales, they do take a while to close due to how overwhelmed the lenders are at the moment. For this reason, they often do not show closed or pending for months.

Take a look at the #’s at the end of 2008.”

It’s the end of 2008 and here are the numbers:

48 listings closed
19 buyers side sale (but 5 were for homes listed by him)

That’s 62 different homes sold. So he met 62% of the MINIMUM he claimed. More truthfully, he was likely saying he would close 100+ listings meaing he’s below 50% on his claim.

He also entered 334 listings into the MLS in calender 2008. Granted some did not have time to sell but having listed a couple hundred the year before I’m sure he entered the year with a full book of homes listed. That’s about 15% success. With about 200 active listings right now thats 30 closed sales next year and another 170 on the REO pile.

For the record, I have never worked a transaction with him but know a couple dozen agents that have. Not one claimed it was a good experience and they all said the sellers were essentially unrepresented through the transaction as they did most of the work for them.

[sdrealtor]

Accountability time!

Here’s the claim, his words not mine:

“As for sdrealtor, your #’s are inaccurate – we will sell over 100 homes this year and the marketing I do has nothing to do with a “sales process that was created by an agent up in Canada.”

As for short sales, they do take a while to close due to how overwhelmed the lenders are at the moment. For this reason, they often do not show closed or pending for months.

Take a look at the #’s at the end of 2008.”

It’s the end of 2008 and here are the numbers:

48 listings closed
19 buyers side sale (but 5 were for homes listed by him)

That’s 62 different homes sold. So he met 62% of the MINIMUM he claimed. More truthfully, he was likely saying he would close 100+ listings meaing he’s below 50% on his claim.

He also entered 334 listings into the MLS in calender 2008. Granted some did not have time to sell but having listed a couple hundred the year before I’m sure he entered the year with a full book of homes listed. That’s about 15% success. With about 200 active listings right now thats 30 closed sales next year and another 170 on the REO pile.

For the record, I have never worked a transaction with him but know a couple dozen agents that have. Not one claimed it was a good experience and they all said the sellers were essentially unrepresented through the transaction as they did most of the work for them.

[sdrealtor]

Accountability time!

Here’s the claim, his words not mine:

“As for sdrealtor, your #’s are inaccurate – we will sell over 100 homes this year and the marketing I do has nothing to do with a “sales process that was created by an agent up in Canada.”

As for short sales, they do take a while to close due to how overwhelmed the lenders are at the moment. For this reason, they often do not show closed or pending for months.

Take a look at the #’s at the end of 2008.”

It’s the end of 2008 and here are the numbers:

48 listings closed
19 buyers side sale (but 5 were for homes listed by him)

That’s 62 different homes sold. So he met 62% of the MINIMUM he claimed. More truthfully, he was likely saying he would close 100+ listings meaing he’s below 50% on his claim.

He also entered 334 listings into the MLS in calender 2008. Granted some did not have time to sell but having listed a couple hundred the year before I’m sure he entered the year with a full book of homes listed. That’s about 15% success. With about 200 active listings right now thats 30 closed sales next year and another 170 on the REO pile.

For the record, I have never worked a transaction with him but know a couple dozen agents that have. Not one claimed it was a good experience and they all said the sellers were essentially unrepresented through the transaction as they did most of the work for them.

[sdrealtor]

Accountability time!

Here’s the claim, his words not mine:

“As for sdrealtor, your #’s are inaccurate – we will sell over 100 homes this year and the marketing I do has nothing to do with a “sales process that was created by an agent up in Canada.”

As for short sales, they do take a while to close due to how overwhelmed the lenders are at the moment. For this reason, they often do not show closed or pending for months.

Take a look at the #’s at the end of 2008.”

It’s the end of 2008 and here are the numbers:

48 listings closed
19 buyers side sale (but 5 were for homes listed by him)

That’s 62 different homes sold. So he met 62% of the MINIMUM he claimed. More truthfully, he was likely saying he would close 100+ listings meaing he’s below 50% on his claim.

He also entered 334 listings into the MLS in calender 2008. Granted some did not have time to sell but having listed a couple hundred the year before I’m sure he entered the year with a full book of homes listed. That’s about 15% success. With about 200 active listings right now thats 30 closed sales next year and another 170 on the REO pile.

For the record, I have never worked a transaction with him but know a couple dozen agents that have. Not one claimed it was a good experience and they all said the sellers were essentially unrepresented through the transaction as they did most of the work for them.

[sdrealtor]

Accountability time!

Here’s the claim, his words not mine:

“As for sdrealtor, your #’s are inaccurate – we will sell over 100 homes this year and the marketing I do has nothing to do with a “sales process that was created by an agent up in Canada.”

As for short sales, they do take a while to close due to how overwhelmed the lenders are at the moment. For this reason, they often do not show closed or pending for months.

Take a look at the #’s at the end of 2008.”

It’s the end of 2008 and here are the numbers:

48 listings closed
19 buyers side sale (but 5 were for homes listed by him)

That’s 62 different homes sold. So he met 62% of the MINIMUM he claimed. More truthfully, he was likely saying he would close 100+ listings meaing he’s below 50% on his claim.

He also entered 334 listings into the MLS in calender 2008. Granted some did not have time to sell but having listed a couple hundred the year before I’m sure he entered the year with a full book of homes listed. That’s about 15% success. With about 200 active listings right now thats 30 closed sales next year and another 170 on the REO pile.

For the record, I have never worked a transaction with him but know a couple dozen agents that have. Not one claimed it was a good experience and they all said the sellers were essentially unrepresented through the transaction as they did most of the work for them.

[Anonymous]

I’m a buyer having a problem with Battiata Real Estate. I’m buying a short sale which Countrywide accepted with the exact terms of my offer. However, Countrywide offered to pay real estate commission of 4%. Battiata told me I had to pay an extra 2% through escrow and sent me an addendum to sign. Battiata said they had an agreement with the seller that they’d receive 6% commision and the seller can’t pay it. I refused at first, spoke with someone at a higher level in their office and was told he didn’t care if I didn’t want to pay it and he would go to a higher bidder. I ended up agreeing to an amount less than 1% because I really want the property. I think this was unethical and extortion. It disgusts me that they added this additional amount after the bank already accepted my offer and threatened to kill the transaction. I’ve heard from a couple agents that said I shouldn’t have paid it but I do think they would sabatoge the deal.

Now, the escrow instructions show a “Transaction Complaince Fee” for both the buyer and seller of $495 paid to Battiata. I think this is wrong. I’ve read that this is not typical.

I worked with an agent last summer who was outstanding and did not suggest or charge any of these additional charges. I’d be interested if others have had a bad experience with Battiata or they’ve tried to do this to you. I’m supposed to close in Mid February and I’m afraid of other surprises. Battiata does not care about customers, and obviously referrals.

Thanks!

[Anonymous]

I’m a buyer having a problem with Battiata Real Estate. I’m buying a short sale which Countrywide accepted with the exact terms of my offer. However, Countrywide offered to pay real estate commission of 4%. Battiata told me I had to pay an extra 2% through escrow and sent me an addendum to sign. Battiata said they had an agreement with the seller that they’d receive 6% commision and the seller can’t pay it. I refused at first, spoke with someone at a higher level in their office and was told he didn’t care if I didn’t want to pay it and he would go to a higher bidder. I ended up agreeing to an amount less than 1% because I really want the property. I think this was unethical and extortion. It disgusts me that they added this additional amount after the bank already accepted my offer and threatened to kill the transaction. I’ve heard from a couple agents that said I shouldn’t have paid it but I do think they would sabatoge the deal.

Now, the escrow instructions show a “Transaction Complaince Fee” for both the buyer and seller of $495 paid to Battiata. I think this is wrong. I’ve read that this is not typical.

I worked with an agent last summer who was outstanding and did not suggest or charge any of these additional charges. I’d be interested if others have had a bad experience with Battiata or they’ve tried to do this to you. I’m supposed to close in Mid February and I’m afraid of other surprises. Battiata does not care about customers, and obviously referrals.

Thanks!

[Anonymous]

I’m a buyer having a problem with Battiata Real Estate. I’m buying a short sale which Countrywide accepted with the exact terms of my offer. However, Countrywide offered to pay real estate commission of 4%. Battiata told me I had to pay an extra 2% through escrow and sent me an addendum to sign. Battiata said they had an agreement with the seller that they’d receive 6% commision and the seller can’t pay it. I refused at first, spoke with someone at a higher level in their office and was told he didn’t care if I didn’t want to pay it and he would go to a higher bidder. I ended up agreeing to an amount less than 1% because I really want the property. I think this was unethical and extortion. It disgusts me that they added this additional amount after the bank already accepted my offer and threatened to kill the transaction. I’ve heard from a couple agents that said I shouldn’t have paid it but I do think they would sabatoge the deal.

Now, the escrow instructions show a “Transaction Complaince Fee” for both the buyer and seller of $495 paid to Battiata. I think this is wrong. I’ve read that this is not typical.

I worked with an agent last summer who was outstanding and did not suggest or charge any of these additional charges. I’d be interested if others have had a bad experience with Battiata or they’ve tried to do this to you. I’m supposed to close in Mid February and I’m afraid of other surprises. Battiata does not care about customers, and obviously referrals.

Thanks!

[Anonymous]

I’m a buyer having a problem with Battiata Real Estate. I’m buying a short sale which Countrywide accepted with the exact terms of my offer. However, Countrywide offered to pay real estate commission of 4%. Battiata told me I had to pay an extra 2% through escrow and sent me an addendum to sign. Battiata said they had an agreement with the seller that they’d receive 6% commision and the seller can’t pay it. I refused at first, spoke with someone at a higher level in their office and was told he didn’t care if I didn’t want to pay it and he would go to a higher bidder. I ended up agreeing to an amount less than 1% because I really want the property. I think this was unethical and extortion. It disgusts me that they added this additional amount after the bank already accepted my offer and threatened to kill the transaction. I’ve heard from a couple agents that said I shouldn’t have paid it but I do think they would sabatoge the deal.

Now, the escrow instructions show a “Transaction Complaince Fee” for both the buyer and seller of $495 paid to Battiata. I think this is wrong. I’ve read that this is not typical.

I worked with an agent last summer who was outstanding and did not suggest or charge any of these additional charges. I’d be interested if others have had a bad experience with Battiata or they’ve tried to do this to you. I’m supposed to close in Mid February and I’m afraid of other surprises. Battiata does not care about customers, and obviously referrals.

Thanks!

[Anonymous]

I’m a buyer having a problem with Battiata Real Estate. I’m buying a short sale which Countrywide accepted with the exact terms of my offer. However, Countrywide offered to pay real estate commission of 4%. Battiata told me I had to pay an extra 2% through escrow and sent me an addendum to sign. Battiata said they had an agreement with the seller that they’d receive 6% commision and the seller can’t pay it. I refused at first, spoke with someone at a higher level in their office and was told he didn’t care if I didn’t want to pay it and he would go to a higher bidder. I ended up agreeing to an amount less than 1% because I really want the property. I think this was unethical and extortion. It disgusts me that they added this additional amount after the bank already accepted my offer and threatened to kill the transaction. I’ve heard from a couple agents that said I shouldn’t have paid it but I do think they would sabatoge the deal.

Now, the escrow instructions show a “Transaction Complaince Fee” for both the buyer and seller of $495 paid to Battiata. I think this is wrong. I’ve read that this is not typical.

I worked with an agent last summer who was outstanding and did not suggest or charge any of these additional charges. I’d be interested if others have had a bad experience with Battiata or they’ve tried to do this to you. I’m supposed to close in Mid February and I’m afraid of other surprises. Battiata does not care about customers, and obviously referrals.

Thanks!

[Author]

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