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GLB Act & Requests For Samples

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jtrotta

Senior Member
Joined
Jan 16, 2002
New Client asks for "Sample Work" - when we provide that information are we violating the - Graham Leach Bliley Act :?:

When they request this info. are they violating the GLB Act :?:

Are we, when we provide this info. breaching the Confidentiality section of USPAP :?:

What say ye :?:

8)
 
Damned if I care anymore ..

Just say "NO" .. :lol:
 
Now, look what you have done! I haven't provided samples in years. Now, endless mortgage companies are going to call asking for samples just because you planted the seed. :lol:
 
Haven't given samples for years and at least for now the work continues to flow. Sometimes these people ask simply because they've been told to ask. You can also tell them that you will gladly send samples of your work just as soon as they send samples of theirs. Be prepared, there will be silence for a while.
 
If you really want their business, take an appraisal, change the names to "J. Buyer" and "T. Seller" at "123 Anywhere Street", etc. Then on the cover letter state that all names and identifying properties are changed to comply with state non-disclosure regulations and GLB. They just want to know if you can complete a report in a competent manner.

Roger
 
A typical residential appraisal does not contain the type of information considered confidential under GLB, that said, why send out work samples anyway? Lets start a movement...."No work samples".
 
Amen!

Name a profession that provides work samples. When I had my surgery I didn't ask the surgeon for work samples. When I went to see my dentist I didn't ask for work samples. I didn't ask my plumber for work samples. I didn't ask my CPA for work samples.

I haven't provided work samples for years and won't start doing so again. I will provide references, a copy of my resume and state certificate.

As Bobby Bucks would say" No More Work Samples!" Right Bobby?
 
They DON'T look at the samples anyway ! They are all too busy, with too many other regular work-day duties to give a rip about committing time to actually read a sample report. I do like Roger's idea of cloning some recent good reports, then literally changing the key numbers and names describing client, subject, comps, and respective identities, etc., et al. With it goes an attached page stating that you have done just that. Or, you submit the ones with the multiple lines blacking-out all that confidential info. Either way they are NOT going to look at them ! None of your samples involve a direct transaction they are currently trying to "close". Your sample will always be on the bottom of the to-do pile ! How much more proof do you need ----think of the reports you have seen over the years which are chock-full or errors, wrong info, dis-jointed data and analysis, illogical text explanations and 1 and 1/2 train-car loads of useless addenda designed to confuse more than to protect. These were reports which at one time, on one certain day, were actually given 100% consideration toward a lender/investor decision. Clearly, they did NOT LOOK at the report when it really counted !

As an interesting test, however, try "hiding" a line of comment near the end of the sample reports which mentions that you will "Discount $100 off the first assignment" you receive if the prospective client will "photocopy this page" with that sentence circled and faxes it to you WITH that first order, within 30 days (of the date you sent the sample) ! ---I'll bet you never have to honor that $100 discount !
 
just saying no is easy for some to say. however, i am new at this game and feel like i should jump through all the hoops to get work. i have been working under someone producing reports for loan company A. The other day i mentioned i was going to be on my own. They asked for Work Samples! I told them what files to pull. They still wanted work samples. Another fine example of Equal Oppurtunity Employment! glad to be here Sam
 
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