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[+] Stern's firm is DONE! - CHARLENE  PERRY/MD (21 replies)
3/7/2011 8:37:37 PM (4968 views)

[+] Genesis Servicing Corporation - Kristi Lee/NE (5 replies)
3/7/2011 1:26:28 PM (4009 views)

Cleveland Title Association March Meeting - Robert Franco/OH
3/7/2011 10:16:42 AM (2722 views)

Promised Relief Many Deeper in Debt - Leigh Attridge/MA
3/7/2011 8:09:35 AM (3698 views)

[+] Comment on "Scott County, Missouri Begins E-Recording, Several Indiana Counties to Offer Service Soon" - Source of Title/OH (3 replies)
3/7/2011 7:59:24 AM (2696 views)


Real Title Services


End of the 30 year mortgage? - Leigh Attridge/MA
3/6/2011 1:45:46 PM (3925 views)

[+] Taos Land Grant Issues - Joyce/CO (2 replies)
3/4/2011 12:32:31 PM (8179 views)

HSBC SUSPENDS FORECLOSURES NATIONWIDE - CHARLENE  PERRY/MD
3/3/2011 12:32:40 PM (4268 views)

[+] Comment on "Another County Recorder Seeks Back Fees from MERS" - Source of Title/OH (10 replies)
3/3/2011 11:06:23 AM (2915 views)

[+] Just read this a moment ago. Virginia Bill allows signing of Electronic Notaries - CHARLENE  PERRY/MD (4 replies)
3/1/2011 4:09:13 PM (5537 views)

[+] What happens when you sue the b&#%@#$s - Alix Ott/MI (10 replies)
2/28/2011 3:01:34 PM (3270 views)

[+] Say no to OUTSOURCING... - Justin/FL (13 replies)
2/28/2011 11:09:16 AM (3411 views)

[+] What 520K will buy in New York city - Leigh Attridge/MA (3 replies)
2/28/2011 6:58:31 AM (4225 views)

More on Angelo Mozilo et als - Leigh Attridge/MA
2/26/2011 12:50:23 PM (3941 views)

[-] Cheaper and cheaper - Amy Jensen/OR (16 replies)
2/25/2011 6:22:45 PM (3277 views)

We recently noticed that one of our clients stopped sending us orders. I tried for a couple of weeks to contact them (not particularly hard) and did eventually get ahold of their vendor manager. I was concerned that there had been an issue with our services, it turns out this was not the case.

The had found another vendor with cheaper prices. The funny thing is they came to us, because their previous vendor had been taking too long to fill orders. Long and short of it, they wanted very low pricing at the time of us taking them on. I worked out pricing which wasn't what they had hoped for but they did spring for it, one year later - they drop us for lower rates.

The kicker was that they asked if we could contact our vendors, etc to see if they could come down on THEIR prices so that we could all have better rates. I told him that this was basically the equivalent of me going up to my in-house staff and asking them to take a pay decrease and I would never do that. I have a hard time thinking with who would take the work for such a low price... $40 for a COS as a flat fee across the boards in a full state, no copy costs? 24 hour turn around time (not 24 - 48 hours).

This comes on the heals of getting a call asking for 60 year deed chains for whopping $40 a search fee. I had to hold myself back from laughing. Very nice gentleman calling to inquire regarding a bulk project that was being done nationwide, I DID give him an idea of what a 60 year deed chain would entail and how $40 was NOT a realistic price.

I can tell from other posts that those connected up to this site keep an eye on realistic pricing so that we don't all end up totally out the bottom but WHO takes that kind of work?

I don't mind in the slightest that I occasionally lose clients or turn away work, it just baffles me.

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Re: Cheaper and cheaper - Paula Reynolds/FL
2/25/2011 7:53:34 PM (2982 views)
Re: Cheaper and cheaper - Alix Ott/MI
2/28/2011 7:50:21 AM (2817 views)
Re: Cheaper and cheaper - WAYNE QUICK/NC
2/28/2011 8:48:55 AM (2768 views)
Re: Cheaper and cheaper - Nils Nelson/ME
2/28/2011 9:05:26 AM (2718 views)
Re: Cheaper and cheaper - Paula Reynolds/FL
3/1/2011 8:31:47 PM (2804 views)
Re: Cheaper and cheaper - Amy /OR
3/3/2011 3:31:14 PM (2630 views)
Every state is different - Amy Jensen/OR
3/3/2011 3:36:34 PM (2662 views)
Re: Every state is different - Paula Reynolds/FL
3/14/2011 1:18:41 PM (2455 views)
Re: Cheaper and cheaper - WAYNE QUICK/NC
3/7/2011 8:26:06 AM (2612 views)
Re: Cheaper and cheaper - Teri Carro/FL
3/7/2011 9:21:26 AM (2538 views)
Re: Cheaper and cheaper - Paula Reynolds/FL
3/14/2011 1:24:50 PM (2468 views)
Re: Cheaper and cheaper - Leigh Attridge/MA
2/28/2011 9:44:31 AM (2682 views)
Re: Cheaper and cheaper - Bill Garrett/MS
2/28/2011 11:28:17 AM (2728 views)
Re: Cheaper and cheaper - Garret  Fitzgerald/VA
2/28/2011 12:10:11 PM (2619 views)
Thanks - Amy Jensen/OR
2/28/2011 7:10:17 PM (2628 views)
Re: Cheaper and cheaper - H/GA
3/15/2011 1:50:54 AM (2533 views)


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