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[+] Comment on "Altisource Plans Automated Reverse Auctions for Vendors" - Source of Title/OH (4 replies)
10/6/2015 11:49:57 PM (3260 views)

Website outage - Slade Smith/OH
10/6/2015 4:20:52 PM (1769 views)

[+] Title Plant Software - Tanya Stevens/MS (1 reply)
10/6/2015 9:36:14 AM (2480 views)

[+] How to find county lines - Alix Ott/MI (21 replies)
10/4/2015 5:01:23 PM (2683 views)

POSTING RE: BAD PAYS/ETC - Heidi Gemeling/FL
10/3/2015 7:25:36 PM (2321 views)




[+] SATISFYING A MORTGAGE AND THEN RE-RECORDING IT TO CORRECT - Heidi Gemeling/FL (2 replies)
10/3/2015 6:51:07 PM (2456 views)

[-] Copy fees, etc. - Marian Severance/PA (47 replies)
10/1/2015 8:59:18 PM (3647 views)
Re: Copy fees, etc. - george Hubka/MI
10/1/2015 9:08:32 PM (3035 views)
Re: Copy fees, etc. - Marian Severance/PA
10/1/2015 11:28:17 PM (2954 views)
Re: Copy fees, etc. - Michael Madden/RI
10/2/2015 10:50:36 AM (2940 views)
Re: Copy fees, etc. - Robert Franco/OH
10/2/2015 1:33:54 PM (2855 views)
Re: Copy fees, etc. - Michael Madden/RI
10/2/2015 2:32:10 PM (2904 views)
Re: Copy fees, etc. - Jay Duncan/MO
10/2/2015 5:12:37 PM (2948 views)
Re: Copy fees, etc. - Michael Madden/RI
10/4/2015 8:15:15 AM (2739 views)
Re: Copy fees, etc. - Lynda Cooke/VA
10/4/2015 9:14:28 AM (2777 views)

Mr. Madden’s ignorance of the job is showing. He knows not of what he speaks. His conception is far from reality, or good practice.

His suggestion to add the cost of producing more than customary copies to the search fee would be truly deceptive. If you are seeking a truly itemized bill, confusing examination fees with copy production costs IS deceptive. The search costs are X. Its X all day long, every day for that category of work. The fact that the client wants “ADDITIONAL” billable services doesn’t belong in the search fee. Not on a residential order. 

You want to explain to a HUD investigator why you charge customer “A” $15 more for a current owner than you do customer “B”? Watch his eyes roll when you say it’s because you know customer “A” always wants extra copies. That it’s just “assumed”. Good luck with that.  Even worse is an across the board increase charging customer A and B the higher costs when only customer A is generating the extra work. Hope you enjoy your baloney sandwich while you spend some time in the Federal system thinking about it. 

 Most of us are independent contractors. Our true product is our time and expertise. It’s called billable hours. There are only so many hours in a day. We have to use them wisely. We have overhead costs to cover before we make the first nickel in income. Too much uncompensated time can wreak your week if you let it. 

It would be interesting to know if Mr. Madden’s employer shows the price they paid for the search and what the client will pay in mark up for the “value added” they brought to the product separately so that their clients have full knowledge of who did what for what amount of compensation . Hmmmm? Don’t think so. And if they don’t, why not? It’s a far better illustration of the term deceptive pricing. 

In my neck of the woods it’s customary to charge only the pass through copy price for residential work. Yes; we are a dumb lot in that regard. It’s just how the practice evolved. Examiners get the raw end of the deal. 

Commercial work is a different animal in that it’s billed by the hour. The bill is for hours worked rather than search type. Pass throughs are billed as separate line items. The time to gather, make and assemble copies and put them into useable form is counted in the total hours billed. I’ve had more than a few cases where the time spent on copies, and their costs to assemble, exceeded the time spent actually examining the title. At least I’m compensated for the time spent to bring the whole requested product to the table. 

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Re: Copy fees, etc. - David Bloys/TX
10/4/2015 10:18:58 AM (2742 views)
Re: Copy fees, etc. - WAYNE QUICK/NC
10/5/2015 8:31:17 AM (2632 views)
Re: Copy fees, etc. - Scott Perry/PA
10/3/2015 3:57:45 PM (2736 views)
Re: Copy fees, etc. - Michael Madden/RI
10/4/2015 8:12:52 AM (2600 views)
Re: Copy fees, etc. - Constance Foye/VA
10/5/2015 9:56:16 AM (2651 views)
Re: Copy fees, etc. - Michael Madden/RI
10/4/2015 8:12:55 AM (2579 views)
Re: Copy fees, etc. - Rita Killary/NY
10/4/2015 9:43:24 AM (2723 views)
Re: Copy fees, etc. - Scott Perry/PA
10/4/2015 12:40:56 PM (2714 views)
Re: Copy fees, etc. - Lu Rivera/PA
2/21/2016 11:28:13 PM (2091 views)
Re: Copy fees, etc. - Lu Rivera/PA
2/21/2016 11:28:18 PM (2155 views)
Re: Copy fees, etc. - Michael Madden/RI
2/22/2016 5:17:00 PM (2126 views)
Re: Copy fees, etc. - David Bloys/TX
10/4/2015 12:11:53 PM (5368 views)
Re: Copy fees, etc. - David Bloys/TX
10/2/2015 8:00:04 PM (2686 views)
Re: Copy fees, etc. - Joyce Obrien/PA
10/2/2015 10:49:46 PM (2609 views)
Re: Copy fees, etc. - Marian Severance/PA
10/4/2015 7:45:01 PM (2554 views)
Re: Copy fees, etc. - george Hubka/MI
10/5/2015 9:11:30 AM (2424 views)
Re: Copy fees, etc. - Robert Franco/OH
10/5/2015 9:25:42 AM (2495 views)
Re: Copy fees, etc. - Jean Lurtsema/AK
10/15/2015 12:05:46 PM (2508 views)
Re: Copy fees, etc. - REBECCA RIZZONELLI/PA
12/21/2015 1:24:11 PM (2236 views)
Re: Copy fees, etc. - Allen Bruce/OH
2/13/2016 6:17:23 PM (2173 views)
Re: Copy fees, etc. - WAYNE QUICK/NC
10/5/2015 8:23:37 AM (2482 views)
Re: Copy fees, etc. - Bruce Lutz/PA
12/14/2015 3:19:24 PM (2467 views)
Re: Copy fees, etc. - Serena Stout/VA
10/5/2015 10:25:53 AM (2552 views)
Re: Copy fees, etc. - george Hubka/MI
10/5/2015 12:57:18 PM (2504 views)
Re: Copy fees, etc. - Serena Stout/VA
10/5/2015 1:09:03 PM (2590 views)
Re: Copy fees, etc. - Lu Rivera/PA
10/5/2015 4:27:57 PM (2449 views)
Re: Copy fees, etc. - Marian Severance/PA
10/5/2015 6:44:45 PM (2424 views)
Re: Copy fees, etc. - Aaron Thorpe/NY
10/5/2015 4:37:50 PM (2554 views)
Re: Copy fees, etc. - Mark Rasnick/OH
10/6/2015 9:51:16 AM (2551 views)
Re: Copy fees, etc. - David  Umphenour/MO
10/5/2015 5:06:46 PM (2428 views)
Re: Copy fees, etc. - Randi Erickson/MN
10/6/2015 10:24:47 AM (2538 views)
Re: Copy fees, etc. - Marian Severance/PA
10/7/2015 7:59:05 AM (2515 views)
Re: Copy fees, etc. - Leigh Attridge/MA
10/8/2015 8:08:29 AM (2662 views)
Re: Copy fees, etc. - Allen Bruce/OH
1/25/2016 12:11:14 PM (2124 views)
Re: Copy fees, etc. - Marian Severance/PA
1/25/2016 5:45:07 PM (2080 views)
Re: Copy fees, etc. - Allen Bruce/OH
1/25/2016 6:08:58 PM (2004 views)
Re: Copy fees, etc. - Marian Severance/PA
1/25/2016 8:28:42 PM (2058 views)
Re: Copy fees, etc. - Allen Bruce/OH
1/25/2016 6:14:15 PM (2067 views)
Re: Copy fees, etc. - REBECCA RIZZONELLI/PA
2/15/2016 11:25:44 AM (2026 views)

[+] CLS Direct, Inc. (aka) - Wayne Brown/VA (5 replies)
9/30/2015 12:37:22 PM (2751 views)

[+] TRID and the encryption issues - Alix Ott/MI (5 replies)
9/30/2015 11:43:00 AM (2423 views)

[+] Atlantic Title Abstract ??? - M Adams/KY (1 reply)
9/29/2015 10:58:04 AM (2372 views)

[+] You Have Got To Be Kidding - Please Read - Kenneth Signor/SC (20 replies)
9/28/2015 7:01:30 PM (4663 views)

[+] Foreclosure on an affordable unit - what a mess - Leigh Attridge/MA (2 replies)
9/28/2015 6:52:04 PM (2311 views)

[+] String Information Services - jess barker/IL (2 replies)
9/28/2015 4:50:09 PM (2687 views)

[+] Capstone Title Services LLC - KAREN ROBERTS/PA (29 replies)
9/28/2015 9:13:34 AM (3539 views)

[+] MERS in Court - Lisa Ramsey/TX (1 reply)
9/26/2015 8:12:44 PM (2325 views)


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