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[+] 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 (3400 views)

[-] Abstractors undercutting - Constance Foye/VA (14 replies)
4/8/2011 4:32:09 PM (4001 views)
Re: Abstractors undercutting - Leigh Attridge/MA
4/8/2011 5:21:27 PM (3718 views)
Re: Abstractors undercutting - Abstractor/AL
4/9/2011 11:59:50 AM (3578 views)
Re: Abstractors undercutting - STEVE MEINECKE/TN
4/9/2011 8:29:41 PM (3639 views)
Re: Abstractors undercutting - kay morris/VA
4/11/2011 7:22:38 AM (3362 views)

Sadly, I think we all need to face the fact that the business of abstracting is changing, and not to our advantage.  Each abstractor or small abstracting company is essentially like "mom & pop" stores, and the larger companies taking over whole areas by lowering their fees are the "superstore" .  I dont think we can win.  Whole communities gather together to fight the superstore being built in their neighborhood, but the superstore always wins.  Once all the mom & pops are gone, the supervendor can start to slowly raise their fees if they want, although they may not need to.  Just like the superstore, they'll pay the lowest fee possible so that they can charge the lower fees.  I think the days of the small abstractors are slipping away, and its time to start thinking of another way for your business to produce income, or change careers.  I started going to school at night to make a career change and I'm so glad I made that decision.  Change is hard, trust me, I dont like it myself. We all long for the days we were making money during the re-fi boom. I think the good old days of asbtracting are gone for the mom & pops.

Constance, I'm sorry that happened to you.  I think its happening to more and more of us.  It happened to me in 2010, which is what caused me to drag my but to night school.  But once I got there, once I got over the "I dont want to change" mentality, I was so happy I did it.

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Re: Abstractors undercutting - Fran Scheetz/PA
4/11/2011 10:54:20 AM (3366 views)
Re: Abstractors undercutting - Scott Perry/PA
4/11/2011 4:40:01 PM (3258 views)
Re: Abstractors undercutting - kay morris/VA
4/11/2011 5:38:36 PM (3429 views)
Re: Abstractors undercutting - Sheila Sten/PA
4/12/2011 12:47:18 PM (3452 views)
Re: Abstractors undercutting - Scott Perry/PA
4/12/2011 7:00:16 PM (5834 views)
Re: Abstractors undercutting - Sheila Sten/PA
4/13/2011 5:16:46 PM (3311 views)
Re: Abstractors undercutting - Scott Perry/PA
4/13/2011 7:24:02 PM (3667 views)
Re: Abstractors undercutting - Teri Carro/DE
4/11/2011 9:40:53 AM (3403 views)
Re: Abstractors undercutting - William Pattison /CA
4/15/2011 4:03:53 PM (3323 views)
Re: Abstractors undercutting - Regina Engebritson Engebritson/MN
4/15/2011 8:32:47 PM (3647 views)

[+] Global Data/Title Prep - Pam Effinger/VA (14 replies)
4/8/2011 10:55:15 AM (3721 views)

[+] Comment on "CoreLogic: Home Prices Decline for Seventh Straight Month" - Source of Title/OH (3 replies)
4/7/2011 5:17:41 PM (3287 views)

[+] Value America - feedback appreciated - Amy Jensen/OR (8 replies)
4/7/2011 12:42:16 PM (3455 views)




[+] Despicable Me - TJ/FL/FL (1 reply)
4/7/2011 11:59:40 AM (3428 views)

[+] The Next Housing Shock - Dan Zook/NY (4 replies)
4/6/2011 2:43:25 PM (4458 views)

[+] Eclipse Real Estate Services - Ron McPherson/IA (4 replies)
4/6/2011 1:16:20 PM (4310 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 (3067 views)

[+] 21 Century-Just say NO - Nathan Miller/KY (9 replies)
4/5/2011 4:03:51 PM (3331 views)

[+] Vendor mgmt games (again) - TJ/FL (9 replies)
4/5/2011 2:13:36 PM (3390 views)

[+] Reality Data - Datachek - Kurt deVries/FL (6 replies)
4/5/2011 12:10:21 PM (3468 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 (2969 views)

[+] UnPaid Invoice from FSE - Dody Fuhrmann/NV (7 replies)
4/4/2011 10:54:40 AM (3344 views)

[+] To Robert - Norean Cashwell/GA (2 replies)
4/3/2011 7:48:58 PM (3159 views)


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