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[+] The Banks Are Off the Hook Again - Leigh Attridge/MA (1 reply)
4/10/2011 9:32:28 AM (3863 views)

[+] Comment on "Deficiency Judgments-- The Next Shoe Dropping in the Foreclosure Crisis?" - Source of Title/OH (3 replies)
4/8/2011 7:09:11 PM (3154 views)

[-] Abstractors undercutting - Constance Foye/VA (14 replies)
4/8/2011 4:32:09 PM (3762 views)

I know things are tight all around.  Trust me - I know.  As rock bottom as things have been, I've been scraping by with only a couple of good, volume clients left.  And now, I am essentially unemployed because an abstract company that covers my area just undercut me by doing current owner searches for $25.   I can't go down to that price.  I won't go down to that price.  Once you lower your fee to a client, you can't raise it again.  What stinks is that I know who they are and it's not the first time that they've done this (not just to me, but to anyone they can if it means grabbing a new client). 

When will all of us understand that when we keep our fees reasonable, then we can survive on a lower volume?  That when we price our work at what it's worth (or what it is "worth" in the last few years?), then we all have a chance of surviving.  When abstractors lower their fees to the ridiculous, especially in a market like this, they put fellow abstractors out of work or worse.  If everyone were to keep their fees more reasonable, then we'd all be doing less work for more money and there would be more to go around. 

Maybe I'm just being niave ... maybe I am just terrified wondering what to do now that the work is gone and the bills are piling up.  It just seems that if we work united, we all do well.  When we backstab and undercut to ridiculous fees, no one wins in the long run.

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Re: Abstractors undercutting - Leigh Attridge/MA
4/8/2011 5:21:27 PM (3166 views)
Re: Abstractors undercutting - Abstractor/AL
4/9/2011 11:59:50 AM (3036 views)
Re: Abstractors undercutting - STEVE MEINECKE/TN
4/9/2011 8:29:41 PM (3081 views)
Re: Abstractors undercutting - kay morris/VA
4/11/2011 7:22:38 AM (2827 views)
Re: Abstractors undercutting - Fran Scheetz/PA
4/11/2011 10:54:20 AM (2820 views)
Re: Abstractors undercutting - Scott Perry/PA
4/11/2011 4:40:01 PM (2712 views)
Re: Abstractors undercutting - kay morris/VA
4/11/2011 5:38:36 PM (2865 views)
Re: Abstractors undercutting - Sheila Sten/PA
4/12/2011 12:47:18 PM (2893 views)
Re: Abstractors undercutting - Scott Perry/PA
4/12/2011 7:00:16 PM (5263 views)
Re: Abstractors undercutting - Sheila Sten/PA
4/13/2011 5:16:46 PM (2750 views)
Re: Abstractors undercutting - Scott Perry/PA
4/13/2011 7:24:02 PM (3125 views)
Re: Abstractors undercutting - Teri Carro/DE
4/11/2011 9:40:53 AM (2820 views)
Re: Abstractors undercutting - William Pattison /CA
4/15/2011 4:03:53 PM (2773 views)
Re: Abstractors undercutting - Regina Engebritson Engebritson/MN
4/15/2011 8:32:47 PM (3074 views)

[+] Global Data/Title Prep - Pam Effinger/VA (14 replies)
4/8/2011 10:55:15 AM (3500 views)

[+] Comment on "CoreLogic: Home Prices Decline for Seventh Straight Month" - Source of Title/OH (3 replies)
4/7/2011 5:17:41 PM (3021 views)




[+] Value America - feedback appreciated - Amy Jensen/OR (8 replies)
4/7/2011 12:42:16 PM (3215 views)

[+] Despicable Me - TJ/FL/FL (1 reply)
4/7/2011 11:59:40 AM (3162 views)

[+] The Next Housing Shock - Dan Zook/NY (4 replies)
4/6/2011 2:43:25 PM (4175 views)

[+] Eclipse Real Estate Services - Ron McPherson/IA (4 replies)
4/6/2011 1:16:20 PM (4060 views)

[+] Comment on "Deeds Official Asks Trearurer to Pull Account from MERS Member Bank" - Source of Title/OH (4 replies)
4/5/2011 10:59:17 PM (2836 views)

[+] 21 Century-Just say NO - Nathan Miller/KY (9 replies)
4/5/2011 4:03:51 PM (3067 views)

[+] Vendor mgmt games (again) - TJ/FL (9 replies)
4/5/2011 2:13:36 PM (3151 views)

[+] Reality Data - Datachek - Kurt deVries/FL (6 replies)
4/5/2011 12:10:21 PM (3248 views)

[+] Comment on "Chicago Area Title Crooks Plead Guilty at Last Minute" - Source of Title/OH (4 replies)
4/5/2011 8:38:17 AM (2717 views)

[+] UnPaid Invoice from FSE - Dody Fuhrmann/NV (7 replies)
4/4/2011 10:54:40 AM (3124 views)


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