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Updated about 9 years ago, 09/20/2015

User Stats

158
Posts
49
Votes
Paul Jamgotch
  • Investor
  • Grand Rapids, MI
49
Votes |
158
Posts

Board Ethics

Paul Jamgotch
  • Investor
  • Grand Rapids, MI
Posted

Just curious how the board feels:

If BP is made aware that someone is blatantly posting false information to sell their service, loans, homes, investment, etc. should BP remove the offending post and possibly offending member if they continue the practice? Keep in mind, the person offering is obviously a paying member of BP but the person looking to possibly do business with that individual may not be.

I guess I am asking if BP has a responsibility to those looking for these services, loans, investments, etc. Or, is BP only responsible for their own financial well being?

Taking this further, could BP ever be financially liable if they continue to allow this type of posting once BP is made aware of the offense?

I should add, this has never happened to me.  I'm just curious about such matters in our (not so) new digital age. Feel free to direct me to other threads that might cover this.

User Stats

2,612
Posts
5,677
Votes
Scott Trench
Pro Member
  • President of BiggerPockets
  • Denver, CO
5,677
Votes |
2,612
Posts
Scott Trench
Pro Member
  • President of BiggerPockets
  • Denver, CO
Replied

Hi Paul,

BiggerPockets can't verify the truth and accuracy of every post on the platform, and we can't vet every deal. The truth is, with over 350,000 members and over a million visitors to the site each month, we simply can't verify that all of the information on the platform is true, ethical or relevant.

We do have a moderation team in place, and if you see that any posts are in violation of our terms of use (www.biggerpockets.com/terms), please report those posts. Furthermore, if you are aware of illegal activity on BiggerPockets, please report that activity to the relevant authorities. 

We appreciate that you have the community's best interests at heart - we do as well!

-Scott

User Stats

41,933
Posts
61,735
Votes
Jay Hinrichs
Professional Services
Pro Member
#5 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
61,735
Votes |
41,933
Posts
Jay Hinrichs
Professional Services
Pro Member
#5 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

@Paul Jamgotch  I find the  ( report this as spam ) in your PM inbox is a useful tool.

I just crack up when someone sends me a message I see your posts on BP and it looks like your really interested in this market here is a great 40k rental  LOL...

I have No interest in buying any rentals and have never posted one post saying I do. only that I like to sell my rentals and be done with land lording :) but I get these unsolicited PM's and I report those as spam.

And I hear what your saying this site most definitely has some bad actors on it.. past and present and will have in the future.. I think its very important that just because someone is a BP member does not elevated them to some higher status or standard.

I could name 4 particular companies that I personally had to foreclose on in the past and they were posting here and had banner adds etc... LOL... I am sure they cringe a little when they see me on the boards...

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User Stats

158
Posts
49
Votes
Paul Jamgotch
  • Investor
  • Grand Rapids, MI
49
Votes |
158
Posts
Paul Jamgotch
  • Investor
  • Grand Rapids, MI
Replied

There are not thousand of posts per day in the Marketplace... maybe tens and tens.

There are folks in marketplace that are allowed to place egregious mathematical lies to try and capture buyer.  83% APY... come on! There are lenders that post daily in marketplace yet won't continue dialogue with you on great deals when they find out you have a brain and won't allow yourself to be screwed by them. I was just curious if BP is concerned with such activity or would they continue to allow this so they can receive the monthly payments from these snakes. That's it. Because it continues I no longer subscribe. I'm sure I am in the minority though.

User Stats

16,430
Posts
12,705
Votes
Ned Carey
Pro Member
  • Investor
  • Baltimore, MD
12,705
Votes |
16,430
Posts
Ned Carey
Pro Member
  • Investor
  • Baltimore, MD
ModeratorReplied

The BP community is both welcome and encouraged to call out bogus post in the market place.  This can be done either by reporting the specific post or adding posts in the thread to challenge the original poster. 

However we cannot possible know every market well enough to evaluate the deals posted there. 

As a moderator I haven't looked at many marketplace posts as I am not in the market to buy.  however thank you from bringing it to our attention. I will spend some time there.

  • Ned Carey