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In Proposed Settlement A Gift to Big Banks - Leigh Attridge/MA
3/16/2011 11:08:57 PM (3891 views)

I seriously just give up - CHARLENE  PERRY/MD
3/16/2011 2:43:55 PM (2899 views)

Comment on "Law Professor Makes Case for Federal Land Title System" - Source of Title/OH
3/16/2011 10:59:55 AM (3170 views)
Federal Land Title system - Jessica Talley/FL
3/16/2011 10:59:55 AM (3587 views)
Re: Comment on "Law Professor Makes Case for Federal Land Title System" - Kevin Ahern/CT
3/16/2011 12:15:14 PM (3577 views)
Re: Comment on "Law Professor Makes Case for Federal Land Title System" - Leigh Attridge/MA
3/16/2011 6:52:48 PM (3592 views)
Re: Comment on "Law Professor Makes Case for Federal Land Title System" - Slade Smith/OH
3/17/2011 5:59:05 AM (3550 views)
Re: Comment on "Law Professor Makes Case for Federal Land Title System" - Leigh Attridge/MA
3/17/2011 9:40:59 AM (3598 views)
Re: Comment on "Law Professor Makes Case for Federal Land Title System" - Jessica Talley/FL
3/17/2011 11:12:35 AM (3627 views)
Re: Comment on "Law Professor Makes Case for Federal Land Title System" - Slade Smith/OH
3/17/2011 12:26:24 PM (3521 views)
Lawyers and Shysters and Conmen, Oh My - William Pattison /CA
3/21/2011 11:24:48 AM (3400 views)
Re: Lawyers and Shysters and Conmen, Oh My - Slade Smith
3/21/2011 1:09:11 PM (3385 views)
Re: Lawyers and Shysters and Conmen, Oh My - john franz/NJ
3/22/2011 1:46:11 PM (3427 views)
Re: Lawyers and Shysters and Conmen, Oh My - Slade Smith/AK
3/22/2011 5:24:59 PM (5695 views)
What's really going on?? - Patrick Miller/LA
3/21/2011 10:48:17 AM (3378 views)
Re: What's really going on?? - Slade Smith/OH
3/21/2011 1:54:48 PM (3366 views)
Bad Policy Doesn't Overcome Rights - William Pattison /CA
3/21/2011 11:20:08 AM (3298 views)

Comment on "Another Cleveland Area Title Company Owner Indicted" - Source of Title/OH
3/15/2011 7:32:01 PM (3670 views)
Foolish - CHARLENE  PERRY/MD
3/15/2011 7:32:01 PM (8300 views)
Re: Foolish - F P/VA
3/16/2011 7:16:20 AM (8356 views)
Re: Foolish - Kevin Ahern/CT
3/16/2011 7:57:26 AM (8369 views)
Scary thought - Leigh Attridge/MA
3/16/2011 8:18:08 AM (8383 views)
Re: Scary thought - Kevin Ahern/CT
3/16/2011 8:34:03 AM (8359 views)
Re: Scary thought - Jessica Talley/FL
3/16/2011 4:16:11 PM (8150 views)

Anyone know this company? - Serena Stout/VA
3/15/2011 3:36:55 PM (3620 views)
Re: Anyone know this company? - Jason Knowles/AL
3/16/2011 2:38:57 PM (3623 views)
Re: Anyone know this company? - Michael McNamara/OH
5/2/2011 3:05:45 PM (3243 views)
Re: Anyone know this company? - Bill Cummings/IL
5/15/2011 12:19:20 AM (3169 views)


Real Title Services


Island moved - William Pattison /CA
3/15/2011 12:09:52 PM (3269 views)
Re: Island moved - Kevin Ahern/CT
3/15/2011 12:22:12 PM (3437 views)
Re: Island moved - William Pattison /CA
3/15/2011 1:21:13 PM (3429 views)
Re: Island moved - Steve Dennis/AK
3/15/2011 5:10:06 PM (3553 views)
Re: Island moved - CHARLENE  PERRY/MD
3/15/2011 7:30:41 PM (3430 views)

Before & after photos show land and development - William Pattison /CA
3/15/2011 11:23:08 AM (4522 views)
Re: Before & after photos show land and development - Barbara Bennett/IN
3/15/2011 1:00:09 PM (3424 views)
Re: Before & after photos show land and development - Janis Talbot/SC
3/21/2011 7:36:00 AM (3185 views)

getting burned - LEO POVEDA/CA
3/14/2011 4:45:03 PM (3386 views)
Re: getting burned - Kevin Ahern/CT
3/14/2011 6:22:30 PM (3468 views)
Re: getting burned - LEO POVEDA/CA
3/21/2011 2:13:53 PM (3303 views)
Re: getting burned - Leigh Attridge/MA
3/16/2011 6:54:27 PM (3383 views)
Re: getting burned - Janis Talbot/SC
3/21/2011 7:39:26 AM (3337 views)
Re: getting burned - LEO POVEDA/CA
3/21/2011 2:22:27 PM (3203 views)
Re: getting burned - LEO POVEDA/CA
3/21/2011 2:19:11 PM (3142 views)

Water, it's the word of the day - CHARLENE  PERRY/MD
3/14/2011 11:19:20 AM (3011 views)
Re: Water, it's the word of the day - William Pattison /CA
3/14/2011 12:20:34 PM (3312 views)
Re: Water, it's the word of the day - Scott Perry/PA
3/15/2011 4:22:04 PM (5371 views)

Vision Land Services - Diane O'Neill/MI
3/14/2011 10:32:21 AM (3194 views)
Re: Vision Land Services - Joyce Harper/OH
4/12/2011 3:08:20 PM (3064 views)

Zen Title Update - Anita Backlund/MN
3/13/2011 3:15:03 PM (4295 views)

Inquiry on Military Family Foreclosures - Leigh Attridge/MA
3/12/2011 6:45:32 AM (4527 views)
Re: Inquiry on Military Family Foreclosures - Angie  McKinnon/UT
3/14/2011 10:37:15 PM (3521 views)
Re: Inquiry on Military Family Foreclosures - Jessica Talley/FL
3/15/2011 9:25:58 AM (3458 views)
Re: Inquiry on Military Family Foreclosures - James Powell/MI
3/17/2011 9:35:44 AM (3461 views)
Re: Inquiry on Military Family Foreclosures - Jessica Talley/FL
3/17/2011 11:16:52 AM (3483 views)
Re: Inquiry on Military Family Foreclosures - James Powell/MI
3/18/2011 12:39:37 PM (3489 views)
Re: Inquiry on Military Family Foreclosures - Jessica Talley/FL
3/18/2011 7:24:29 PM (3647 views)

Red Flag on Reverse Mortgages - Leigh Attridge/MA
3/12/2011 6:43:17 AM (4045 views)

More Loan Mod Options - Leigh Attridge/MA
3/12/2011 6:41:57 AM (4010 views)

Saying Goodbye To Unprofitable Customers - Patrick Scott/IL
3/11/2011 8:12:36 PM (3781 views)
Re: Saying Goodbye To Unprofitable Customers - Robert Franco/OH
3/12/2011 10:54:25 AM (3956 views)
Re: Saying Goodbye To Unprofitable Customers - Scott Perry/PA
3/12/2011 11:38:43 AM (4054 views)
Re: Saying Goodbye To Unprofitable Customers - Kevin Ahern/CT
3/12/2011 2:09:20 PM (3961 views)

The volume discount farce never works for the abstractor. It is one of the reasons I left abstracting for closings. The constant pressure for reduced abstracting fees....ridiculous turn around times...slow pay/no pay clients all made abstracting less attractive. The VM's rarely delivered on the volume...that is if you could get them to commit to a specific volume, but they always expected the discount. The only way it would work would be to charge the regular price at the beginning of the month and build in the discount on the abstracts at the end of the month to assure both the volume and the discount were there each month. ( Market price for the first 50% of the agreed volume, and discounted price for the second 50% of the agreed volume).Try and get them to agree to this though.

Since moving into closings I have had a few title companies approach me with the same tired approach. When I told them they would have to guaranty a certain amount of volume each month before the discount would kick in they became a little upset. They said they had no way of knowing in advance what their volume would be. I pointed out to them they were asking for a guaranty of a certain price without their corresponding ability to guaranty a certain volume....nothing but dead air on the other end of the phone. Told them That I would pass on their offer.

The signing agents over on Notary Rotary have discussed this quite often. Their position is that more volume does not guaranty more income unless their is a suitable profit margin after expenses are factored into the equation.

The rise in gasoline prices is actually helping to negotiate higher overall prices. Just quote your desired overall  fee...no break down of profit/expenses. If they come back with a counter offer...my response is that "I am not driving to the other side of the state for that price with gas at $3.75 a gallon." They seem to understand that. Once in a while they will try to find someone closer to the borrower's address, but if it is a last minute closing and their back is to the wall they often do not have the time and will pay the fee quoted to them.

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Re: Saying Goodbye To Unprofitable Customers - Bruce Murch/VA
3/13/2011 11:44:32 PM (3855 views)
Re: Saying Goodbye To Unprofitable Customers - F P/VA
3/15/2011 10:39:02 AM (3550 views)


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