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Valuational fee of various Banks
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tdsb



Joined: 19 Dec 2009
Posts: 675

PostPosted: Tue Jul 15, 2014 8:32 am    Post subject: Reply with quote

Dear friends,

Pl. see yourself the treachery of your Rs.Baabu the great MD of Hi tech surveyers after fixing the rate of an independant valuer at Rs.2500/ per report,he has sent an email to me which is as under:

Experience required for the Job: 1 - 5 years
Annual Salary of the Job: 0.0 - 3.0 Lacs
Job Location: Chennai

Apply Now   Reply

Dear Candidate,
Dear Candidate,

Greetings!!

We are hitech valuers from Chennai.
We are looking for civil engineers who has experience property valuation.
Salary is not a constrain to the right canddiate.
Non experience in property valuation also can apply.

Looking forward to hear it from you.

Regards,
Subasri
28259749
e mail id: hitechsurveyors@gmail.com
Mr. Mohit Metha, Mr. Bhagat and all the valuers can ALSO take RS.Baabu as their ultimate BOSS!

STILL YOU ALL LOVE HIM!
Regards,
T D SURESH BABU

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tdsb



Joined: 19 Dec 2009
Posts: 675

PostPosted: Tue Jul 15, 2014 8:33 am    Post subject: Reply with quote

Dear friends,

Pl. see yourself the treachery of your Rs.Baabu the great MD of Hi tech surveyers after fixing the rate of an independant valuer at Rs.2500/ per report,he has sent an email to me which is as under:

Experience required for the Job: 1 - 5 years

Annual Salary of the Job: 0.0 - 3.0 Lacs
Job Location: Chennai

Apply Now   Reply

Dear Candidate,
Dear Candidate,

Greetings!!

We are hitech valuers from Chennai.
We are looking for civil engineers who has experience property valuation.
Salary is not a constrain to the right canddiate.
Non experience in property valuation also can apply.

Looking forward to hear it from you.

Regards,
Subasri
28259749
e mail id: hitechsurveyors@gmail.com
Mr. Mohit Metha, Mr. Bhagat and all the valuers can ALSO take RS.Baabu as their ultimate BOSS!

STILL YOU ALL LOVE HIM!
Regards,
T D SURESH BABU

 

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tdsb



Joined: 19 Dec 2009
Posts: 675

PostPosted: Tue Jul 15, 2014 8:34 am    Post subject: Reply with quote

Dear friends,

Pl. see yourself the treachery of your Rs.Baabu the great MD of Hi tech surveyers after fixing the rate of an independant valuer at Rs.2500/ per report,he has sent an email to me which is as under:

Experience required for the Job: 1 - 5 years

Annual Salary of the Job: 0.0 - 3.0 Lacs

Job Location: Chennai

Apply Now   Reply

Dear Candidate,
Dear Candidate,

Greetings!!

We are hitech valuers from Chennai.
We are looking for civil engineers who has experience property valuation.
Salary is not a constrain to the right canddiate.
Non experience in property valuation also can apply.

Looking forward to hear it from you.

Regards,
Subasri
28259749
e mail id: hitechsurveyors@gmail.com
Mr. Mohit Metha, Mr. Bhagat and all the valuers can ALSO take RS.Baabu as their ultimate BOSS!

STILL YOU ALL LOVE HIM!
Regards,
T D SURESH BABU

 

 

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tdsb



Joined: 19 Dec 2009
Posts: 675

PostPosted: Tue Jul 15, 2014 8:35 am    Post subject: Treachery Reply with quote

Dear friends,

Pl. see yourself the treachery of your Rs.Baabu the great MD of Hi tech surveyers after fixing the rate of an independant valuer at Rs.2500/ per report,he has sent an email to me which is as under:

Experience required for the Job: 1 - 5 years

Annual Salary of the Job: 0.0 - 3.0 Lacs

Job Location: Chennai


Apply Now   Reply


Dear Candidate,
Dear Candidate,

Greetings!!

We are hitech valuers from Chennai.
We are looking for civil engineers who has experience property valuation.
Salary is not a constrain to the right canddiate.
Non experience in property valuation also can apply.

Looking forward to hear it from you.

Regards,
Subasri
28259749
e mail id: hitechsurveyors@gmail.com
Mr. Mohit Metha, Mr. Bhagat and all the valuers can ALSO take RS.Baabu as their ultimate BOSS!

STILL YOU ALL LOVE HIM!
Regards,
T D SURESH BABU

 

 

 

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tdsb



Joined: 19 Dec 2009
Posts: 675

PostPosted: Tue Jul 15, 2014 8:38 am    Post subject: Reply with quote

Dear friends,

Pl. see yourself the treachery of your Rs.Baabu the great MD of Hi tech surveyers after fixing the rate of an independant valuer at Rs.2500/ per report,he has sent an email to me which is as under:

Experience required for the Job: 1 - 5 years

Annual Salary of the Job: 0.0 - 3.0 Lacs

Job Location: Chennai


Apply Now   Reply


Dear Candidate,

Dear Candidate,

Greetings!!

We are hitech valuers from Chennai.
We are looking for civil engineers who has experience property valuation.
Salary is not a constrain to the right canddiate.
Non experience in property valuation also can apply.

Looking forward to hear it from you.

Regards,
Subasri
28259749
e mail id: hitechsurveyors@gmail.com
Mr. Mohit Metha, Mr. Bhagat and all the valuers can ALSO take RS.Baabu as their ultimate BOSS!

STILL YOU ALL LOVE HIM!
Regards,
T D SURESH BABU

 

 

 

 

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tdsb



Joined: 19 Dec 2009
Posts: 675

PostPosted: Tue Jul 15, 2014 8:40 am    Post subject: Reply with quote

Dear friends,

Pl. see yourself the treachery of your Rs.Baabu the great MD of Hi tech surveyers after fixing the rate of an independant valuer at Rs.2500/ per report,he has sent an email to me which is as under:

Experience required for the Job: 1 - 5 years

Annual Salary of the Job: 0.0 - 3.0 Lacs

Job Location: Chennai


Apply Now   Reply


Dear Candidate,

Dear Candidate,

Greetings!!

We are hitech valuers from Chennai.
We are looking for civil engineers who has experience property valuation.
Salary is not a constrain to the right canddiate.
Non experience in property valuation also can apply.

Looking forward to hear it from you.

Regards,
Subasri
28259749
e mail id: hitechsurveyors@gmail.com
Mr. Mohit Metha, Mr. Bhagat and all the valuers can ALSO take RS.Baabu as their ultimate BOSS!

STILL YOU ALL LOVE HIM!
Regards,
T D SURESH BABU

 

 

 

 

 

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tdsb



Joined: 19 Dec 2009
Posts: 675

PostPosted: Tue Jul 15, 2014 8:48 am    Post subject: Reply with quote

Dear friends,

Pl. see yourself the treachery of your Rs.Baabu the great MD of Hi tech surveyers after fixing the rate of an independant valuer at Rs.2500/ per report,he has sent an email to me which is as under:

Experience required for the Job: 1 - 5 years

Annual Salary of the Job: 0.0 - 3.0 Lacs

Job Location: Chennai


Apply Now   Reply


Dear Candidate,

Dear Candidate,

Greetings!!

We are hitech valuers from Chennai.
We are looking for civil engineers who has experience property valuation.
Salary is not a constrain to the right canddiate.
Non experience in property valuation also can apply.

Looking forward to hear it from you.

Regards,
Subasri
28259749
e mail id: hitechsurveyors@gmail.com
Mr. Mohit Metha, Mr. Bhagat and all the valuers can ALSO take RS.Baabu as their ultimate BOSS!

STILL YOU ALL LOVE HIM!
Regards,
T D SURESH BABU

 

 

 

 

 

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tdsb



Joined: 19 Dec 2009
Posts: 675

PostPosted: Tue Jul 15, 2014 10:07 am    Post subject: Reply with quote

Dear friends,

Pl. see yourself the treachery of your Rs.Baabu the great MD of Hi tech surveyers after fixing the rate of an independant valuer at Rs.2500/ per report,he has sent an email to me which is as under:

Experience required for the Job: 1 - 5 years

Annual Salary of the Job: 0.0 - 3.0 Lacs

Job Location: Chennai


Apply Now   Reply


Dear Candidate,

Dear Candidate,

Greetings!!

We are hitech valuers from Chennai.
We are looking for civil engineers who has experience property valuation.
Salary is not a constrain to the right canddiate.
Non experience in property valuation also can apply.

Looking forward to hear it from you.

Regards,
Subasri
28259749
e mail id: hitechsurveyors@gmail.com
Mr. Mohit Metha, Mr. Bhagat and all the valuers can ALSO take RS.Baabu as their ultimate BOSS!

STILL YOU ALL LOVE HIM!
Regards,
T D SURESH BABU

 

 

 

 

 

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tdsb



Joined: 19 Dec 2009
Posts: 675

PostPosted: Tue Jul 15, 2014 10:15 am    Post subject: Reply with quote

Dear all,

I have proved crystal clear to all that Rs. Baabu has misused the post of chairman to make every valuer to be his employee at the cheapest rate and according to this  personal desire of him he has "acted "for all these years.

He had made seminars with an inner motive making every valuer as his "ERRAND BOY" and to the banking officers who are faithful to him.

He has trained everybody well  enough to his expectations!

Mr.Mohit metha and  others, Pl. see the vision of this great man!

Regards,

T D Suresh Babu

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ValueAddConsultants



Joined: 27 Feb 2014
Posts: 97

PostPosted: Wed Jul 23, 2014 5:53 pm    Post subject: Reply with quote

Did you got the Job ?

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tdsb



Joined: 19 Dec 2009
Posts: 675

PostPosted: Wed Jul 23, 2014 6:02 pm    Post subject: Reply with quote

Dear  all,

The employer feels that I am much below the standard of a ERRAND BOY and hence not selected.

T D Suresh Babu

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tdsb



Joined: 19 Dec 2009
Posts: 675

PostPosted: Thu Jul 24, 2014 1:47 pm    Post subject: Reply with quote

Dear all,

There is one more instance wherein we have agreed with one General Manager of SBI for carrying out  the assignments at Rs.2500/- per report since the bank was in  severe pressure due to the number these NPA Accounts.With due regard to his request we have carried out 30 or so assignments. When the payment time came, they were willing to pay only Rs. 1500/- per  report and quoted some circular and later at only Rs.2000/- per report. Every manager says that is left to his discretion that he can pay from Rs.0.01 to Rs. 2500/-.The GM was transferred. Every manager says that the chairman of IOV can send anyone according to this bracket of Rs.0.01 to Rs.2500/- per report and the Bank's work will get going with this support.

In this senerio how valuers can think of a decent fee or even decent treatment?!?

Regards

 

 

 

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ValueAddConsultants



Joined: 27 Feb 2014
Posts: 97

PostPosted: Fri Jul 25, 2014 12:22 pm    Post subject: Reply with quote

Dear Mr.TD Suresh Babu,

May suggest something

1) Did you ask for the letter of instruction / appointment for those assignment

2) Does that letter mentioned fees agreed ?

3) If not than what such letter meant for ?

4) Hope all valuers are aware any contact without consideration is null and void.

5) Why we all valuers did not ask for the letter of instruction mentioning fees payable and time of payment and if delay happens what penalty and what is recourse if fees are not paid out

6) Why in Empanelement letter there is no statement stating that in case of grievances, valuer needs to contact whom in bank or anywhere ?

7) Does not all this issue faced by all valuers every day ? than why no one has come up with an idea except complaining or giving lectures in seminar about how to do valuation.

Cool After all this years of practice yet valuers are not learnt, how to valuation so they need to 100% time of such seminar on learning about how to do valuation. Than when valuers challenges, problem will be discussed and sorted out ?

Hope this might make sense to valuers and this time reader will react and at least give response to our continuous erg on daily basis since last many years.

Thanking You,

 

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tdsb



Joined: 19 Dec 2009
Posts: 675

PostPosted: Fri Jul 25, 2014 2:14 pm    Post subject: Reply with quote

Dear VAC,

Yes. We have taken the assignment only after written instruction. Pl. understand that now the banker says that they are getting valuers for much lesser fee and the local chairman is willing to send persons for that fee.

We have told them that we are not in the race and said that " WE are not interested in their assignments anymore"

Now tell me what else we should have done?!?

PL. shoot at the "PROBLEM" and we know how to go and   get rid of our own difficulties personally.

REGARDS

 

 

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ValueAddConsultants



Joined: 27 Feb 2014
Posts: 97

PostPosted: Fri Jul 25, 2014 9:37 pm    Post subject: Reply with quote

[quote="tdsb"]

Dear VAC,

Yes. We have taken the assignment only after written instruction. Pl. understand that now the banker says that they are getting valuers for much lesser fee and the local chairman is willing to send persons for that fee.

We have told them that we are not in the race and said that " WE are not interested in their assignments anymore"

Now tell me what else we should have done?!?

PL. shoot at the "PROBLEM" and we know how to go and   get rid of our own difficulties personally.

REGARDS

 Dear Mr.TD Suresh Babu,

If you have written instruction, i think there is nothing to worry about. Kindly send email to GM Customer care in Local Head Office mentioning non payment of fees by branch mentioning branch details i.e. name of branch/branch code no if you have. and copy of appointment letter.

You will get payment in your account not even more 48 hrs.

I am sure you will get very good response. In case you need further advice email me.

Regarding your second comment it is not that who quote what fees, bankers appoint valuer based on their impalement as adhering to fee circular prescribed by the bank. In certain case they may revise fees on higher side if circumstances and valuers suggest them to do so. Otherwise there is no policy which suggest that bankers needs to negotiate valuers fees and ask them to work if other valuer has offered less fees.

If any bankers suggest that ask copy of the other valuer quote and Invoice and fees payment cheque issued to them if they have done any assignment at less fees.Banker will not give you all this they will simply try to find out that if there is room to get more and more service by paying less and less fees.

So that bank's customer get benefited at the cost of valuer who has no say in entire system except signing reports what others expect him to do.

If you adopt a policy of non negotiating certain aspects like without appointment letter never work, mentioned fees in letter, if bankers are going to pay ask them to block the fee amount in borrower's account, if borrower are going to pay suggest them to pay 50% as commitment fees. All this will really help in sorting out such problems.

I am going to write a book how to become a professional valuer and not a rubber stamp.

Thanks

 

[/quote]

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