Equator Report Card – Short Sale Power Hour 03/24/10
March 24, 2010 / /
Kevin and Fred of Group 46:10, Arizona’s Premier Short Sale Team discuss your Equator “report card”
P.S. – Ignore the stupid remarks made by Fred about Kevin’s hair…=)
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About the Authors
Kevin Kauffman & Fred Weaver
Kevin and Fred the founders of Group 46:10. Over the last 10 years Kevin and Fred, and their team have closed tens of millions in real estate all over the country and have created some of the best training for agents in the market. Kevin and Fred are also highly sought after teachers whose work has helped agents all over the country build their own next level real estate business.
OUCH! Fred…play nice!
You guys make me laugh almost every time I watch SSPH! Great way to start the day. I sometimes go back later in the day and watch again because I was too busy laughing the first time thru!
Great info about the “report card” system. I am working my first file w/Equator now…I can see that there is a learning curve but I can also see how this will eventually be a great way to streamline & uniformize (??) short sale paperwork and submissions
Tanx!
Hairy up and get tomorrow’s video up and running for us! :-O
I agree with you guys for the most part, I like the idea of the report card; however, are the negotiators assigned to the files getting graded also? They should be because if they know that their job is being graded, they might try to do their job better. Equator is awesome but can not make up for the ignorance or complacency at the banks, especially Bank of America. I want to see Chris Saitta succeed because he has built a great system but we all have to agree that BofA is giving Equator alot of bad press. Right, wrong, fair or unfair, it is still bad press. Maybe you guys can get Chris to include you in some of the talks with the banks!!
jackrod count — 2
Dustin – nice 🙂
Kevin – not so nice 😉
Great video guys! Some great tidbits.
Makes it all the more frustrating that equator adds a layer of work of data entry in it’s processes.
Hey Josh – Trust me man, Equator isnt adding layers, they are removing them. They data is captured automatically.
Hey Jeff,
I definitely know that the negotiators within the bank are being monitored on how they respond to due tasks etc. From my understanding, different departments at Bank of America have monthly meetings to go over what is working and what isn’t working with Equator. Do those meetings actually do anything, I am not sure but personally I have noticed a different in the time frame that it is taking for files in Equator to get submitted.
I’m with Jeff on this one, who’s grading them? My initial file was closed, because the offer expired? I countered back through and called several times AND emailed, file was closed and starting over. HMMM my fault! I think not! If there are going to be automated fail safe’s for managing and closing the file they should have easier avenues to opening it back up! Now I have to wait for the payoff to be re uploaded? Really? just open the other file? new negotiator now assigned as well. AND STILL NO CONTACT! Emails and phone calls, they need to learn how to manage their own system! WHEW… thanks for letting me get that out!