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MIchigan Game Changer

March 18, 2017 01:24PM
New legislation will be a game changer for MSC's doing business in Michigan.
This law will require shopper's to have a minimum qualification of Bachelors degree or current Appraiser/ Private Investigator through Department of Licensing and Regulatory Affairs.
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March 18, 2017 02:19PM
Where did you see this information? Do you have a link or something so I can read it?
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March 18, 2017 02:38PM
And, is this proposed legislation or something that has become law, if it is correct?

Based in MD, near DC
Shopping from the Carolinas to New York
Have video cam; will travel

Poor customer service? Don't get mad; get video.
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March 19, 2017 02:48PM
A State Senator informed me the legislation is proposed. There are several states which have enacted similar legislation. Many MSC's and their clients circumvent the law. By conducting BPO's and property assessments by an unlicensed individual. The Consumer Financial Protection Bureau are monitoring these lenders and their activities with MSC's.
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March 19, 2017 03:14PM
Which states and where are the links?

Equal rights for others does not mean fewer rights for you. It's not pie.
"I prefer someone who burns the flag and then wraps themselves up in the Constitution over someone who burns the Constitution and then wraps themselves up in the flag." -Molly Ivins
Never try to teach a pig to sing. It's a waste of your time and it really annoys the pig.
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March 19, 2017 04:36PM
Property assessments are a whole different animal from MS AND are required to be done by licensed and approved appraisers if the mortgage loan is to meet most lender standards. It is appraisals that are the focus of most such legislation. Only NV has a really restrictive MS requirement for the MSCs to have a NV PI license and to use only shoppers who have gotten a NV work permit to work for them.

BPOs, or Broker Property Opinions, are not done by MSers. They are performed under state regulations by licensed real estate agents and brokers. In some states additional training it required of agents and brokers who do BPOs, but not in most. BY LAW most states require that any BPO state, prominently, that it is NOT an appraisal and should not be relied upon as an appraisal.

Laws about property appraisals and BPOs are not addressing what MSers do. Have any of you ever seen an MS assignment that required a BPO to be prepared by someone other than a licensed real estate agent or broker? If MSCs were evading the Real Estate and Appraisal Laws, that is what they would be asking for, according to the OP.

Based in MD, near DC
Shopping from the Carolinas to New York
Have video cam; will travel

Poor customer service? Don't get mad; get video.
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March 19, 2017 06:35PM
MSCs are not lenders for home mortgages as far as I can determine. Therefore I do not see what the proposed legislation has to do with Mystery Shoppers. Lenders may be clients of MSCs but not for the purposes of having shoppers doing illegal appraisals or BPOs.

Based in MD, near DC
Shopping from the Carolinas to New York
Have video cam; will travel

Poor customer service? Don't get mad; get video.
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March 20, 2017 02:33AM
And I thought this thread was gonna be about the tourney

There are reasons that a body stays in motion
At the moment only demons come to mind
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March 20, 2017 12:23PM
I agree!
However, the law has been circumvented in Michigan, and the appropriate step is being pursued to prevent the breach.
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March 20, 2017 01:25PM
By Mystery Shopping Companies???

Based in MD, near DC
Shopping from the Carolinas to New York
Have video cam; will travel

Poor customer service? Don't get mad; get video.
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March 20, 2017 01:46PM
Get your facts first Bernie57.... and get accurate sources if you want to further it. Proposed is far different than actual. Mystery shopping is far different than what you are inferring unless you have a reference to back that up.
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March 28, 2017 09:41PM
Canadamommy, It's apparent your comprehension is sub-par if you read my post.
State Senator is my source.
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March 29, 2017 01:17PM
Bernie,
What concerns me is whether or not your source understands what MSers do and do not do. As for source, I would want a link to the text of the proposed legislation. That would be an accurate source IMHO. One just never knows what "outsiders" may think is involved in Mystery Shopping. So, if the legislator(s) who proposed something on incorrect assumptions about MS, we, and also the MSPA and the IMSC, may want to provide clarifying information that would help the process.

Based in MD, near DC
Shopping from the Carolinas to New York
Have video cam; will travel

Poor customer service? Don't get mad; get video.
Reply
March 29, 2017 01:57PM
Oh BernieBernie there is FAR more to that story than your post. FAR more. Get YOUR facts straight FIRST.
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March 29, 2017 01:58PM
Oh and Bernie Bernie 30 posts and all about Trendsource... a little one sided there.... not really on board yet are you?
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