Register
Log In
Forget your Password?

Home
Directory
Bulletins
Forums
Blogs
Articles
Links
Classifieds
About Us
Contact Us
Advertise
FAQ
Privacy Policy


Discussion
<< get older messagesget newer messages >>
to post a message: login - or - register | search messages | hide all replies



Some More LFC Stuff - Kenneth Signor/SC
8/14/2008 11:30:24 PM (3426 views)
Re: Some More LFC Stuff - David Bloys/TX
8/15/2008 4:57:02 PM (4041 views)
Re: Some More LFC Stuff - Brad Quibell/CA
8/18/2008 3:48:04 PM (3954 views)

Archer Land Title - Stephanie Herring/SC
8/14/2008 7:37:55 PM (3462 views)
Re: Archer Land Title - Ron McPherson/IA
8/14/2008 8:37:29 PM (4246 views)
Re: Archer Land Title - Stephanie Herring/SC
8/14/2008 9:08:05 PM (4113 views)
Re: Archer Land Title - Melinda Barcum, J.D./AL
8/19/2008 11:23:02 AM (4023 views)

Global Data Source - Smitty Strickland/SC
8/14/2008 5:03:34 PM (3600 views)
Re: Global Data Source - Kenneth Signor/SC
8/14/2008 11:33:13 PM (4468 views)
Re: Global Data Source - Andrew Veliuona/MD
8/15/2008 9:43:58 AM (4502 views)
Re: Global Data Source - Smitty Strickland/SC
8/15/2008 10:21:27 AM (4407 views)
Re: Global Data Source - charles jetter/OH
8/18/2008 7:34:33 AM (4297 views)
Re: Global Data Source - Victor  Ng/NJ
8/19/2008 12:40:00 PM (4432 views)
Re: Global Data Source - Andrew Veliuona/MD
8/20/2008 9:49:47 PM (4197 views)
Re: Global Data Source - george Hubka/MI
1/21/2010 8:00:23 PM (3890 views)
Re: Global Data Source - Andrew Veliuona/MD
1/22/2010 2:00:26 PM (3747 views)
Re: Global Data Source - Fen Malloy/UT
2/22/2010 1:17:45 PM (3797 views)
Re: Global Data Source - Nils Nelson/ME
1/21/2010 8:10:33 PM (4006 views)
Re: Global Data Source - Andrew Veliuona/MD
1/22/2010 2:01:18 PM (3846 views)
Re: Global Data Source - Nils Nelson/ME
1/22/2010 6:03:58 PM (3868 views)
Re: Global Data Source - J Nisonger/CA
1/22/2010 6:51:32 PM (3824 views)

www.abstractorwatchdog.com - Dan Zook/NY
8/14/2008 3:17:48 PM (5765 views)
Re: www.abstractorwatchdog.com - Dan Zook/NY
8/14/2008 3:32:06 PM (4226 views)
Re: www.abstractorwatchdog.com - Smitty Strickland/SC
8/14/2008 5:12:13 PM (4091 views)
Re: www.abstractorwatchdog.com - Robert Franco/OH
8/14/2008 5:18:59 PM (4584 views)
Re: www.abstractorwatchdog.com - . APS/NY
8/14/2008 9:06:34 PM (4281 views)
Re: www.abstractorwatchdog.com - Robert Franco/OH
8/15/2008 12:23:44 AM (4595 views)
Re: www.abstractorwatchdog.com - . APS/NY
8/15/2008 7:53:45 AM (4156 views)
Re: www.abstractorwatchdog.com - Kevin Ahern/CT
8/15/2008 6:05:26 PM (4044 views)
Re: www.abstractorwatchdog.com - Robert Franco/OH
8/16/2008 12:58:44 PM (3925 views)
Re: www.abstractorwatchdog.com - Kevin Ahern/CT
8/16/2008 1:51:26 PM (3837 views)
Re: www.abstractorwatchdog.com - PATRICIA PALMER-ILKO/PA
8/17/2008 4:31:59 PM (3819 views)
Re: www.abstractorwatchdog.com - . APS/NY
8/17/2008 8:15:50 PM (3963 views)
Re: www.abstractorwatchdog.com - PATRICIA PALMER-ILKO/PA
8/26/2008 3:44:06 PM (3608 views)
Re: www.abstractorwatchdog.com - PATRICIA PALMER-ILKO/PA
9/5/2008 5:22:58 PM (3888 views)
Re: www.abstractorwatchdog.com - Scott Perry/PA
8/14/2008 9:14:24 PM (4019 views)
Re: www.abstractorwatchdog.com - . APS/NY
8/15/2008 7:46:40 AM (3849 views)
Re: www.abstractorwatchdog.com - charles jetter/OH
8/18/2008 8:18:14 AM (3801 views)
Re: www.abstractorwatchdog.com - Donna Stovall/NY
8/18/2008 1:04:17 PM (3872 views)
Re: www.abstractorwatchdog.com - Kevin Ahern/CT
8/18/2008 1:40:38 PM (3806 views)
Re: www.abstractorwatchdog.com - STEVE MEINECKE/TN
8/18/2008 2:01:42 PM (3783 views)
Re: www.abstractorwatchdog.com - . APS/NY
8/18/2008 1:53:30 PM (3855 views)
Re: www.abstractorwatchdog.com - Donna Stovall/NY
8/18/2008 2:32:35 PM (3893 views)
Re: www.abstractorwatchdog.com - Kevin Ahern/CT
8/18/2008 4:35:28 PM (3646 views)
Re: www.abstractorwatchdog.com - Erin Carraway/NY
8/18/2008 3:48:03 PM (3732 views)
Re: www.abstractorwatchdog.com - Robert Franco/OH
8/18/2008 10:39:43 PM (3680 views)
Re: www.abstractorwatchdog.com - . APS/NY
8/19/2008 10:35:34 AM (3747 views)
Re: www.abstractorwatchdog.com - STEVE MEINECKE/TN
8/19/2008 11:15:42 AM (3663 views)
Re: www.abstractorwatchdog.com - Robert Franco/OH
8/19/2008 11:20:35 AM (3847 views)
Rob Arnold and 4 Hour Abstract - Slade Smith/OH
8/19/2008 12:01:24 PM (9031 views)
Re: Rob Arnold and 4 Hour Abstract - . APS/NY
8/19/2008 2:32:39 PM (3932 views)
Re: www.abstractorwatchdog.com - Manager . /NY
8/19/2008 2:25:37 PM (3621 views)
Re: www.abstractorwatchdog.com - Erin Carraway/NY
8/19/2008 2:34:07 PM (6459 views)
Re: www.abstractorwatchdog.com - Robert Franco/OH
8/19/2008 3:12:32 PM (3685 views)
Re: www.abstractorwatchdog.com - Dan Zook/NY
8/20/2008 9:09:39 AM (3669 views)
Re: www.abstractorwatchdog.com - GA Title Services/GA
8/15/2008 9:23:35 AM (3660 views)
Re: www.abstractorwatchdog.com - Rob  Robinson/PA
8/15/2008 10:32:07 AM (3780 views)
Re: www.abstractorwatchdog.com - Diane Cipa/PA
8/15/2008 1:58:03 PM (3653 views)
Re: www.abstractorwatchdog.com - . APS/NY
8/15/2008 6:40:05 PM (3718 views)
Re: www.abstractorwatchdog.com - charles jetter/OH
8/18/2008 8:20:49 AM (3663 views)
Re: www.abstractorwatchdog.com - . APS/NY
8/18/2008 8:27:51 AM (3648 views)

Great LFC quote - Matt Papsch/MD
8/13/2008 11:16:48 PM (3870 views)
Re: Great LFC quote - P Parrish/AL
8/14/2008 4:29:25 PM (4068 views)
Re: Great LFC quote - Matt Papsch/MD
8/14/2008 7:57:44 PM (3890 views)
Re: Great LFC quote - Kevin Ahern/CT
8/15/2008 9:16:31 AM (3998 views)

Excellent analogy. Too bad the VM's do not seem to consider that. The usual charade of their negotiating volume discounts is a case in point. I can not begin to count the number of occasions on which I was asked for a volume discount in which the VM was not able to a offer minimum number of orders per week in return to justify the discount. One of them told me that they would assign all their Connecticut orders to me in return for a discount. The problem was that they could not quantify "all their Connecticut orders". They seem to have some difficulty understanding that they are asking the abstractor to commit to a reduced dollar value each week without being able to provide a corresponding commitment for weekly volume. It really is not a difficult a concept to comprehend.

The flip side of the coin is that any volume whether definite or indefinite often fades or disappears with several weeks or months , but the abstractor is still expected to deliver on the discount price. Unfortunately so many abstractors have fallen into this trap. Once the price is agreed it is nearly impossible to raise the price.

We ended the volume discount system several years ago. Instead we off a discount connected to our receipt of the closing for which the search was performed. Seems to work. The VM gets the reduced price on the search without having to commit to the guaranty of weekly volume. We make up the difference on the higher priced closing. There is a lot more room to negotiate with respect to the price of the closing than with the price of the search.

While the VM's may not be able to afford to be loyal...their greed and self interest may be a valuable tool that can be used to the abstractor's advantage.

to post a reply: login - or - register


Re: Great LFC quote - Matt Papsch/MD
8/16/2008 12:44:37 AM (3952 views)
Re: Great LFC quote - Kevin Ahern/CT
8/16/2008 9:24:44 AM (3711 views)
Re: Not so Great LFC methods - STEVE MEINECKE/TN
8/16/2008 10:27:03 AM (3948 views)
Re: Not so Great LFC methods - Kevin Ahern/CT
8/16/2008 10:49:55 AM (3966 views)
Re: Great LFC quote - charles jetter/OH
8/18/2008 8:30:50 AM (3756 views)
Re: Great LFC quote - Kevin Ahern/CT
8/18/2008 9:51:15 AM (3785 views)
Re: Great LFC quote - charles jetter/OH
8/18/2008 8:26:19 AM (3813 views)




Nearly one-third of homes purchased since 2003 burdened with negative equity - Phil McLean/CO
8/13/2008 4:22:54 PM (3496 views)
I don't have a crystal ball, but... - Robert Franco/OH
8/13/2008 5:00:10 PM (3728 views)
Re: A Solid Energy Policy... - Scott Perry/PA
8/13/2008 8:54:41 PM (3924 views)
Re: I don't have a crystal ball, but... - charles jetter/OH
8/18/2008 8:58:09 AM (3613 views)

NY Title Abstract - Ron McPherson/IA
8/13/2008 3:58:36 PM (3371 views)
Re: NY Title Abstract - Jill Kissell/IA
8/13/2008 4:51:34 PM (3816 views)
Re: NY Title Abstract - Ron McPherson/IA
8/13/2008 5:55:12 PM (3704 views)
Re: NY Title Abstract-other income... - monica froese/ME
8/13/2008 6:32:17 PM (4048 views)

Metropolitan Title Co - Patricia M/IN
8/13/2008 12:31:39 PM (3573 views)
Re: Metropolitan Title Co - charles jetter/OH
8/18/2008 8:37:08 AM (3943 views)
Re: Metropolitan Title Co - george Hubka/MI
8/19/2008 5:27:12 PM (3963 views)
Re: Metropolitan Title Co - K C/NJ
10/12/2010 4:00:14 PM (3836 views)
Re: Metropolitan Title Co - Nils Nelson/ME
10/12/2010 6:02:54 PM (3789 views)

Maryland Closing Agents - Ilene Seidel/MD
8/13/2008 9:47:42 AM (2896 views)

Rating or Poll System for Companies - Scott Aduddell/MO
8/13/2008 9:00:07 AM (3326 views)
Re: Rating or Poll System for Companies - Joyce/NM
8/14/2008 11:54:46 AM (6962 views)
Re: Rating or Poll System for Companies - Anthony BROWNN/VA
8/19/2008 11:24:25 AM (3828 views)

All Title Abstract - K. Cowles/WI
8/12/2008 7:46:50 PM (3422 views)
Re: All Title Abstract - Scott Aduddell/MO
8/13/2008 8:49:39 AM (4038 views)

Quality Title & Abstract Company of NJ - Jon Lax/RI
8/12/2008 9:44:16 AM (3886 views)
Re: Quality Title & Abstract Company of NJ - Ron McPherson/IA
8/12/2008 12:40:35 PM (4433 views)
Re: Quality Title & Abstract Company of NJ - Jessica Talley/NJ
8/12/2008 8:45:43 PM (4230 views)
Re: Quality Title & Abstract Company of NJ - Matt Papsch/MD
8/16/2008 12:42:26 AM (4342 views)
Re: Quality Title & Abstract Company of NJ - john franz/NJ
8/22/2008 3:01:32 PM (3999 views)
Re: Quality Title & Abstract Company of NJ - george Hubka/MI
8/19/2008 5:44:49 PM (4252 views)
Re: Quality Title & Abstract Company of NJ - Kevin Ahern/CT
8/19/2008 6:17:01 PM (4282 views)

Atapol or CT Corp? - john rutledge/VA
8/11/2008 10:52:08 AM (4327 views)
Re: Atapol or CT Corp? - Kristi Lee/NE
8/11/2008 11:37:14 AM (4865 views)
Re: Atapol or CT Corp? - Heather Arndt/MN
8/11/2008 2:39:41 PM (4691 views)
Re: Atapol or CT Corp? - HEIDI CIMA/PA
8/11/2008 3:12:10 PM (4669 views)
Re: Atapol or CT Corp? - Rob  Robinson/PA
8/11/2008 4:33:12 PM (4681 views)
Re: Atapol or CT Corp? - john rutledge/VA
8/12/2008 6:22:14 PM (4696 views)
Re: Atapol or CT Corp? - george Hubka/MI
8/19/2008 5:49:46 PM (4422 views)
Re: Atapol or CT Corp? - James Mohrmann/VA
8/12/2008 3:32:51 PM (4701 views)
Re: Atapol or CT Corp? - Ron McPherson/IA
8/13/2008 3:56:48 PM (4663 views)
Re: Atapol or CT Corp? - george Hubka/MI
8/19/2008 5:56:01 PM (4420 views)
Re: Atapol or CT Corp? - Ron McPherson/IA
8/24/2008 2:49:14 AM (4278 views)
Re: Atapol or CT Corp? - JENNIFER HOLZMAN/PA
8/20/2008 1:42:47 PM (4282 views)

LFC returned checks - Ilene Seidel/MD
8/11/2008 7:28:35 AM (3988 views)
Re: LFC returned checks - Kenneth Signor/SC
8/11/2008 7:37:55 AM (4613 views)
Re: LFC returned checks - Lucille Femine/NJ
8/11/2008 7:35:42 PM (4589 views)
Re: LFC returned checks - Norean /GA
8/13/2008 8:40:29 AM (4257 views)
Re: LFC returned checks - J Nisonger/CA
8/13/2008 4:20:51 PM (4241 views)
Re: LFC returned checks - Kenneth Signor/SC
8/14/2008 11:19:45 PM (4420 views)

LFC (Again) - Kenneth Signor/SC
8/9/2008 8:48:09 PM (3934 views)
Re: LFC (Again) - Kevin Ahern/CT
8/10/2008 3:57:21 AM (4598 views)
Re: LFC (Again) - Kenneth Signor/SC
8/10/2008 7:10:29 AM (4692 views)
Re: LFC (Again) - Matt Papsch/MD
8/16/2008 12:41:15 AM (4229 views)
Re: LFC (Again) - Denys Ferreiro/FL
8/26/2008 12:06:23 AM (3990 views)


<< get older messagesget newer messages >>

DISCLAIMER: These Message Forums are un-moderated and Source of Title does not endorse the content of any of the posts. Source of Title discourages libelous comments and you, as the sole creator of the content, take full responsibility for your remarks.
Directory

The Source of Title Business directory has 8961 listed companies.

Leave feedback on a company:
SOT ID #:  learn more...
DRN Title Search
Blogs

Read other users' blogs-- or start your own!

Most Recent Blog Posts:

What Is Title Insurance & Benefits
Michael Stelzer's Blog
2026/03/14
0 comments

The Source of Title - Part I: Freedom Written, Freedom Insured
Ben DuBay's Blog
2026/02/15
0 comments

Shared Driveway Agreements
Marissa Berends's Blog
2025/12/10
0 comments

Articles

Source of Title articles help to keep you informed on the state of the title industry.

Mortgage Applications Increase in Latest MBA Weekly Survey
“Financial markets were volatile last week amid the ongoing turmoil in the Middle East. Mortgage rates increased o...
NAR Statement on President Trump's Executive Order on Removing Regulatory Barriers to Affordable Home Construction
“America’s housing affordability crisis is fundamentally a supply problem, and solving it requires removing ...
NAR Applauds Senate Passage of the 21st Century ROAD to Housing Act
“It has been nearly two decades since Congress last enacted a sweeping, bipartisan housing law. The Housing and Ec...
Single-Family Starts Remain Soft in January on Affordability Concerns
“The single-family market has slowed as builders continue to deal with elevated construction costs while affordabi...
Propy Brings Agentic AI to Institutional Real Estate with Its Third Acquisition: Boss Law in Florida
"We're excited to expand into the institutional market, where large real estate operators need infrastructure that can s...

Search Articles:
browse...

Classifieds

Buy, sell, or trade! Browse the ads or post your own!

© 2020, Source of Title.