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Timely Document's Blog

How to Get More Abstracting Business
by Kristine Bjorge | 2011/05/25 |

The way to get more abstracting business is to promote.  You must make yourself known to be noticed and seen as an abstracting resource. 

Timely Document's Blog ::

If you stay quite no one notices you. If you promote in any possible way, you get noticed. I know this seems obvious and much too simple to be useful, but this is the difference between abstractors and abstracting companies that are making it and those that aren’t.

I decided to write about this after talking to one to many abstractors in the field and hear them say that “business is slow.” While this may be the case, there are abstractors I spoke to that aren’t feeling the “slow” in business and that have plenty of orders coming in. So I decided to contact them and find out why.

What I found was quite startling. Those that were doing well were using any possible means to promote. They were calling past clients and getting new orders, they were calling current clients and asking for more work and getting it. They had ads on Source of Title and other related websites and had there names in different types of directories and handed out their cards to whoever they met.

They were “making” the business.

Those that were not getting business or were getting less business were not promoting (or at least not promoting to the same degree). One for one was counting on existing clients to continue to give them work; they were not calling past clients to rekindle the business relationship and didn’t have cards to hand out, etc.

In today’s market we need to create the work through promoting ourselves and our businesses through any means possible.

Some of the best methods I’ve found were: 

-        Calling current clients for more orders.

-        Calling past clients to find new orders.

-        Handing out cards to people they met.

-        Handling out cards to local title companies, real estate offices, law offices, etc.

-        Calling totally new potential clients and asking for work.

-        Advertising in on line forums.

-        Posting a blog.

-        Commenting on others blogs.

-        Writing to past and existing clients (postal and e-mail).

-        For those that could afford it ads on-line.

-        The obvious web-site

Times have changed.

We must create the work by getting ourselves out there, promoting, making ourselves and companies known.

Any promotion is better than no promotion.

This was a little research I did that I thought might be interesting and helpful to all those involved in the abstracting and document retrieval business.




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645 words | 5065 views | 12 comments | log in or register to post a comment


Advertising

You are absolutely correct.

You have to advertise, and keep advertising whether you are busy or slow, thats been my experience in this industry (or any industry I have worked in!).

I send out 1200 post cards a month to title companies and in the last 2 months have made 1000 cold calls off of mailing lists that I have bought.

And though I cannot say business is booming I can say that the work is definitely picking up and coming in daily and expect it to be back to what it was some months back, soon.

 
by Jessica Talley | 2011/05/26 | log in or register to post a reply

Thanks

Thanks for your input!

I think it would a valuable tool for someone to compile a list of all successful promotional actions ranging from simple to far out there ideas and actions for abstractors to use.

I am glad that you are promoting and I am sure you will have lots of success and affluent growth for your company in the future!

 
by Kristine Bjorge | 2011/06/01 | log in or register to post a reply

mailing list

Where may we purchase such a list?

pdqparalegal1@embarqmail.com

 
by WAYNE QUICK | 2011/06/29 | log in or register to post a reply

Business
"Like" 
by Carl Litchfield | 2011/05/26 | log in or register to post a reply

Great!

Thanks a lot!

Glad you enjoyed it!

 
by Kristine Bjorge | 2011/06/01 | log in or register to post a reply

Advertise, Market, Sell, and Promote

Always keep business cards on hand.  Post one on every coffee shop bulletein board that you see.  Pass them out to your friends and colleagues so that they can pass them along in turn.  Blog, join in on forum discussions, and set up free stuff like Super Pages, Yelp, and LinkedIn profiles. 

Hold free seminars for foreclosure investors on how to limit liability with proper searches and get them on MeetUp and in local free newspapers that hunger for calendar events.

Leave business cards laying about at the county computer terminals at the Records Office, Tax Office, Assessors Roll machines, etc....

Help people when you hear them struggling with how to find data.

Get knowledgable about other sets of records like the taxes, building permits, fictitious business filings, vitals, and court cases so that you can help even more people.

Offer free Wi-Fi at the public offices when you are there.  Mi-Fi systems, smart phones that are wireless hotspots, and CradlePoint devices that turn your usb modem into a hotspot can make you a darling of a public office for all those public people in need of a internet access point.  Name your hotspot something like "Bobs Research free hotspot" or the like.

Wear a hat and tshirt in public areas that says "researcher" with  your logo so that you're visible to those in need and easy to find by those sent from other agencies to find you.

Do not sit at home from 8-5 even when you have no research:  go to the county offices and practice researching, gather data and publish foreclosure data for subscibers, or copy old microfilm records onto a database that you can eventually sell.   Do SOMETHING productive. 

 
by William Pattison | 2011/05/31 | log in or register to post a reply

Great Ideas

These are absolutely fantastic ideas!

I hadn't thought of several of these ideas, but i could each one of them driving in new business, which is the real name of the game!

If i could, I would like to recommend that you post your own blog with these great ideas or if you'd be okay I would like to post your ideas in a seperate blog?

Each abstractor out there needs as much help as they can get to learn how make themselves known and grow their abstracting service to as big as they can get it.

Again, thanks for your great ideas!

 
by Kristine Bjorge | 2011/06/01 | log in or register to post a reply

Best Practices in America

Kristine:  post away!  Spread the word as far and wide as possible.  The better our domestic abstractor can hold on in this economy, the better we'll continue to compete with off-shoring.  Our domestic abstractors are the part of our industry that hold experience, knowledge, quality, integrity, completness, accuracy and comprehensiveness as core qualities.  We don't offer minimal service, but best practices under the best standards possible. 

 
by William Pattison | 2011/06/06 | log in or register to post a reply

VERY SMART

Thank You lots of new ideas!

 
by Scott Howell | 2011/06/06 | log in or register to post a reply

Wonderful ideas

This was inspirational for me I have been going to the different counties and practicing doing different searches so that I don't get rusty so to speak but needed that extra push to get out there and push harder to get things going. I just moved to Wisconsin and it's taking some time to get my business off the ground here. Great ideas to fill my time and promote business. Thanks

 
by Kathleen Truax | 2011/06/09 | log in or register to post a reply

Wonderful Ideas

Kathleen,

Hi. I cover the whole state of Wisconsin, send me your info, county cpverage, prices, etc.. and maybe we can do some business!

 

Jessica

 

 

 
by Jessica Talley | 2011/06/15 | log in or register to post a reply

my counties

Hi Jessica, I'd love to hear from you if any searches are needed in Brown, Door, Outagamie, Winnebago, Calumet, Shawano, or Counties, once again I am available from 9 to 5 Monday through Friday.

Thanks, Katie Truax

 
by Kathleen Truax | 2011/07/25 | log in or register to post a reply
Timely Document's Blog

Started 10 years ago as a "one man band" title abstractor, Timely Documents has grown to a staff of 8.

 

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