Offered a bribe!

[Edward OConor]

While inspecting a way overpriced sale to make things more interesting (I already called the lender), while I was picking the best sales from the data, the seller and someone else approached my car. The other person gave me his first name and then said that he was a "representative" of the buyer. This person asked me which sales I was going to use. I told him that I had not yet decided. He then asked if an additional $500.00 would help move the process along. I couldn't help myself, I lied to him. I told him no thank you I get paid very well by the lender.

Since I already told the AMC, should I include the story in the report?

 

[jeanwillick]

If he was trying to pay you a "rush fee" that's one thing. If he was trying to get you to hit a value, that's a different animal. I wouldn't include in report. If you feel it was a bribe, you should report it, but do you have his name?

Also, if he was a representative of the Buyer and he approached with the Seller, and they were together on this, you should report both as the Buyer Rep was not doing his Buyer any favors to hit a value--he is supposed to be working for the Buyer to get him the best price.

 

[Mike Boyd]

Your word against his. It did not influence your value and the wording was such that it could easily have meant for you to speed things along. Forget it and move on.

 

[starmansf]

I don't see where "moving the process along" is a bribe. It sounds like a request to expedite the appraisal. Take the $500 and call it a rush fee.

 

[xmtpedprl]

I would have taken it, stayed up all night finishing the damn thing, and called it a "rush Fee" based upon the purpose stated for the extra cash.

Well, maybe I would've, anyway, I am growing severely impatient with certain aspects of this business.

Dave...

 

[The Warrior Monk]

I don't see where "moving the process along" is a bribe. It sounds like a request to expedite the appraisal. Take the $500 and call it a rush fee.

That ought to go over real well...the seller and someone else, who are not your client, are paying extra money.

There's nothing wrong with charging extra to cover services, such as a faster than typical turn time. Just make sure that the agreement is with and payment is from the client.

 

[Joker]

It wasn't a bribe. It was to help move the process along, not to get you to select certain sales as comps or to hit a certain number. I would have taken the cash. After all, it was cash. What would you do, write a receipt?













(tongue in cheek comments for those who do not know that I have earned my moniker)

 

[Common Sense]

I would not have taken the money. That guy may not be the type of person that takes kindly to giving 500.00 bucks away and not receiving anything in return. He may have sought revenge. Better to be safe then sorry.:icon_mrgreen:

 

[Mr Rex]

You should have handed your camera to the seller and told them please take a picture of me accepting the cash. I'm required to document to the lender anything of value I receive in doing my job, and a picture of me accepting $500 bucks is worth a thousand words.

 

[Edward OConor]

This "smarmy" guy (by his attitude) clearly wanted me to meet the sales price, which by the way is about $150,000.00 over the value of the property.