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CONTACT NUMBER - Austin Whitaker/NJ
1/5/2006 6:50:08 PM (2191 views)
Re: CONTACT NUMBER - Jay Duncan/MO
1/5/2006 7:05:40 PM (2534 views)
Re: CONTACT NUMBER - Austin Whitaker/NJ
1/5/2006 7:28:21 PM (2499 views)

Conference Transportation - Ximena Vargas/NY
1/5/2006 5:32:45 PM (1658 views)

Hope all is well with everyone - Tammy Knight/MO
1/5/2006 12:50:18 AM (1698 views)

Who's Coming - Nikky Eisenhuth/FL
1/4/2006 5:24:23 PM (3073 views)
Re: Who's Coming - Robert Franco/OH
1/4/2006 5:30:44 PM (2758 views)
Re: Who's Coming - Kurt deVries/FL
1/4/2006 10:25:06 PM (2723 views)
Re: Who's Coming - Wanda Steudel/OH
1/5/2006 9:49:12 AM (2673 views)
Re: Who's Coming - Jay Duncan/MO
1/5/2006 10:27:53 AM (2743 views)
Re: Who's Coming - John OConnor/IL
1/5/2006 4:37:46 PM (2676 views)

Quickly approaching... - Jay Duncan/MO
1/4/2006 2:05:53 PM (3197 views)
Re: Quickly approaching... - Ximena Vargas/NY
1/4/2006 3:10:01 PM (2813 views)
Conference transportation from Airport to Hotel - Jay Duncan/MO
1/4/2006 3:28:56 PM (2790 views)
Re: Conference transportation from Airport to Hotel - Robert Franco/OH
1/4/2006 4:08:59 PM (2718 views)
Re: Conference transportation from Airport to Hotel - Patrick Scott/IL
1/4/2006 11:14:01 PM (2700 views)
Re: Conference transportation from Airport to Hotel - Ximena Vargas/NY
1/5/2006 5:18:02 PM (2673 views)




A very, very shameless NON profit plug. Please read. - Jason Sheppard/PA
1/4/2006 12:04:50 PM (3285 views)
Re: A very, very shameless NON profit plug. Please read. - Jay Duncan/MO
1/4/2006 12:46:06 PM (2908 views)
Re: A very, very shameless NON profit plug. Please read. - J.T. Shoemaker/NY
1/4/2006 1:23:41 PM (3011 views)
Re: A very, very shameless NON profit plug. Please read. - Jason Sheppard/PA
1/4/2006 1:25:39 PM (2986 views)
Re: A very, very shameless NON profit plug. Please read. - J Nisonger/CA
1/4/2006 2:32:21 PM (3034 views)
Re: A very, very shameless NON profit plug. Please read. - Jason Sheppard/PA
1/4/2006 2:38:26 PM (3154 views)
Re: A very, very shameless NON profit plug. Please read. - J Nisonger/CA
1/4/2006 6:42:25 PM (2963 views)
Re: A very, very shameless NON profit plug. Please read. - Loretta Reed/MD
1/4/2006 8:14:26 PM (2930 views)
Re: A very, very shameless NON profit plug. Please read. - Lisa Ramsey/TX
1/4/2006 8:24:06 PM (2942 views)
Re: A very, very shameless NON profit plug. Please read. - Jan Forster/NC
1/4/2006 10:39:49 PM (5058 views)
Re: A very, very shameless NON profit plug. Please read. - J Nisonger/CA
1/4/2006 11:07:50 PM (2804 views)
Re: A very, very shameless NON profit plug. Please read. - Loretta Reed/MD
1/6/2006 9:02:57 AM (2929 views)
Re: A very, very shameless NON profit plug. Please read. - Lisa Ramsey/TX
1/6/2006 11:00:10 AM (2941 views)
Re: A very, very shameless NON profit plug. Please read. - Loretta Reed/MD
1/6/2006 5:41:29 PM (2881 views)
Re: A very, very shameless NON profit plug. Please read. - J Nisonger/CA
1/6/2006 6:07:08 PM (2828 views)
Re: A very, very shameless NON profit plug. Please read. - Loretta Reed/MD
1/7/2006 11:17:18 AM (2845 views)
Re: A very, very shameless NON profit plug. Please read. - J Nisonger/CA
1/8/2006 6:51:25 PM (2815 views)
Re: A very, very shameless NON profit plug. Please read. - Loretta Reed/MD
1/8/2006 7:47:08 PM (2672 views)
Re: A very, very shameless NON profit plug. Please read. - Lisa Ramsey/TX
1/9/2006 9:34:30 AM (2663 views)
Re: A very, very shameless NON profit plug. Please read. - Jan Forster/NC
1/7/2006 10:41:16 AM (2933 views)
Re: A very, very shameless NON profit plug. Please read. - Lisa Ramsey/TX
1/7/2006 12:33:35 PM (2891 views)
Re: A very, very shameless NON profit plug. Please read. - Robert Franco/OH
1/7/2006 4:10:54 PM (2882 views)
Re: A very, very shameless NON profit plug. Please read. - Lisa Ramsey/TX
1/7/2006 5:20:53 PM (2848 views)
Re: A very, very shameless NON profit plug. Please read. - Jason Sheppard/PA
1/7/2006 5:20:32 PM (5033 views)
Re: A very, very shameless NON profit plug. Please read. - Lisa Ramsey/TX
1/7/2006 5:28:18 PM (2826 views)

E & O - Deborah Manion/VA
1/4/2006 10:46:12 AM (2070 views)
Re: E & O - Lisa Ramsey/TX
1/4/2006 10:55:31 AM (2874 views)
Re: E & O - Glenda Hodge/TN
1/4/2006 1:32:00 PM (2728 views)
Re: E & O - Glenda Hodge/TN
1/4/2006 1:33:38 PM (2799 views)
Re: E & O - Lynn Hammett/SC
1/4/2006 11:16:55 AM (2784 views)
Re: E & O - Lisa Ramsey/TX
1/4/2006 1:41:34 PM (2658 views)

Hotel rooms for NALTEA conference - Tim Lunn/NY
1/3/2006 12:30:05 PM (1677 views)

Inspirational Post - Interview with God - Lisa Ramsey/TX
1/2/2006 11:15:58 PM (3220 views)
Re: Inspirational Post - Interview with God - Jay Duncan/MO
1/3/2006 12:28:40 AM (2867 views)
Re: Inspirational Post - Interview with God - Kurt deVries/FL
1/3/2006 2:10:57 PM (2788 views)
Re: Inspirational Post - Interview with God - J.T. Shoemaker/NY
1/3/2006 3:01:06 PM (2688 views)
Re: Inspirational Post - Interview with God - Lisa Ramsey/TX
1/3/2006 5:08:56 PM (2804 views)

AH HA...... - Loretta Reed/MD
1/2/2006 7:45:53 AM (2184 views)
Re: AH HA...... - Rachel Malone/PA
1/2/2006 8:58:55 AM (2703 views)
Re: AH HA...... - Loretta Reed/MD
1/2/2006 11:12:44 AM (2658 views)

Order processing - J Nisonger/CA
1/1/2006 11:25:10 PM (2209 views)
Re: Order processing - Jay Duncan/MO
1/2/2006 12:30:02 AM (5058 views)
Re: Order processing - J Nisonger/CA
1/2/2006 6:06:46 PM (2706 views)
Re: Order processing - Jay Duncan/MO
1/2/2006 8:14:47 PM (2748 views)
Re: Order processing - Tammy Knight/MO
1/5/2006 12:43:25 AM (2708 views)
Re: Order processing - J Nisonger/CA
1/5/2006 10:50:20 PM (2661 views)

Scott - Kevin Ahern/CT
12/30/2005 5:22:13 PM (2355 views)
Re: Scott - Scott Perry/PA
12/31/2005 12:54:09 PM (2987 views)
Re: Scott - J.T. Shoemaker/NY
12/31/2005 10:58:59 PM (2864 views)
Re: Scott - Scott Perry/PA
12/31/2005 11:30:09 PM (2778 views)
Re: Scott - J.T. Shoemaker/NY
1/1/2006 10:41:48 AM (2837 views)
Re: Scott - Kevin Ahern/CT
1/1/2006 10:55:06 AM (2905 views)
Re: Scott - J.T. Shoemaker/NY
1/1/2006 11:18:42 AM (2953 views)
Re: Scott - Scott Perry/PA
1/1/2006 7:06:50 PM (2815 views)
Re: Scott - Scott Perry/PA
1/1/2006 1:31:42 PM (2889 views)
Re: Scott - Kevin Ahern/CT
1/1/2006 7:59:41 PM (2747 views)
Re: Scott - Scott Perry/PA
1/1/2006 10:18:55 PM (2770 views)
Re: Scott - Kevin Ahern/CT
1/2/2006 6:04:19 AM (2663 views)
Re: Scott - Scott Perry/PA
1/2/2006 12:55:35 PM (2740 views)
Re: Scott - Scott Perry/PA
1/1/2006 1:21:36 PM (2888 views)

Outsourcing - Ricky Farrow/FL
12/30/2005 10:17:26 AM (3493 views)
Re: Outsourcing - Ellen Malloy/MO
12/30/2005 11:21:35 AM (2883 views)
Re: Outsourcing - David Bloys/TX
12/30/2005 12:58:16 PM (2793 views)
Re: Outsourcing - Ricky Farrow/FL
12/30/2005 1:42:05 PM (2726 views)
Re: Outsourcing - David Bloys/TX
12/30/2005 2:26:01 PM (5818 views)
Re: Outsourcing - Ricky Farrow/FL
12/30/2005 4:39:45 PM (2746 views)
Re: Outsourcing - David Bloys/TX
12/30/2005 5:49:48 PM (2842 views)
Re: Outsourcing - Tammy Knight/MO
1/5/2006 1:05:04 AM (2708 views)
Re: Outsourcing - Wanda Steudel/OH
1/5/2006 9:54:14 AM (2706 views)
Re: Outsourcing - Robert Franco/OH
1/5/2006 4:43:21 PM (2712 views)
Re: Outsourcing - David Bloys/TX
1/5/2006 5:43:54 PM (2646 views)
Re: Outsourcing - Robert Franco/OH
1/5/2006 6:33:44 PM (2614 views)
Re: Outsourcing - Tammy Knight/MO
1/6/2006 3:30:17 PM (2550 views)

How Do You Explain This?? - Glenda Hodge/TN
12/29/2005 9:48:09 PM (2407 views)
Re: How Do You Explain This?? - Rachel Malone/PA
12/30/2005 12:04:27 AM (2901 views)
Re: How Do You Explain This?? - Wanda Steudel/OH
12/30/2005 10:43:38 AM (2902 views)
Re: How Do You Explain This?? - Ricky Farrow/FL
12/30/2005 10:28:58 AM (2921 views)
Re: How Do You Explain This?? - Lisa Ramsey/TX
12/30/2005 12:10:08 PM (2878 views)
Re: How Do You Explain This?? - Ricky Farrow/FL
12/30/2005 4:53:41 PM (2780 views)
Re: How Do You Explain This?? - Lisa Ramsey/TX
12/30/2005 7:51:33 PM (2805 views)
Re: How Do You Explain This?? - Ricky Farrow/FL
12/30/2005 10:26:00 PM (2820 views)
Re: How Do You Explain This?? - David Bloys/TX
12/31/2005 9:13:42 AM (2837 views)
Re: How Do You Explain This?? - Robert Franco/OH
12/30/2005 5:16:14 PM (2843 views)
Re: How Do You Explain This?? - Jay Duncan/MO
1/1/2006 7:47:21 PM (2725 views)
Re: How Do You Explain This?? - Kevin Ahern/CT
1/1/2006 8:27:23 PM (2672 views)
Re: How Do You Explain This?? - Glenda Hodge/TN
1/1/2006 11:26:33 PM (2657 views)
Re: How Do You Explain This?? - Kevin Ahern/CT
1/2/2006 5:55:17 AM (2757 views)

The industry is changing drastically to the detriment of the independent abstractor. If you are relying on it exclusively as a source of income, you will probably experience difficulty in the days to come.

Expanding your areas of coverage to supplement lost income is a losing proposition if you are the only one performing abstracting. You would need to increase the number of searches completed in a day, and thereby decrease the amount of time devoted to each search. The quality of the product suffers. You can hire additional abstractors , and recapture a portion of the lost income after you pay them, employer contribution to FICA and benefits (if any), but that requires you to spend more time on business administration and less time in the field.

Offering the discount pricing to the client that you mentioned above is a precarious business arrangement. Very often the client will deliver the volume for a few weeks or months, but reduce the volume of work thereafter. However, they will expect the discount to continue after they no longer deliver the volume. If you are offering discount pricing make certain that you have a written agreement for it. They tend to be more responsive when the agreement is in writing. 

As both you and Jay have noted the abstractors that multi task and offer other services besides abstracting alone get the business. Time is the great leveler in this business. There are only so many hours in a day that the town halls/court houses are open to complete searches. Rather than expand your geographic area of coverage, it is easier to expand the number of services you offer. Most closings are done in the evenings at the convenience of the borrowers. The money is much better than abstracting. Your price negotiating power is greater. There are scores of signing services that go in and out of business every month, and the pool of clients constantly replenishes itself.

However, you do need to stay on top of them to make sure you get paid on time, and not be afraid to enforce timely payment through legal process.It is easier than you may think. 

You can offer closing services to an existing client or to new clients in addition to abstracting services, increase the number of hours in a work day, increase your income and rely less on the mercy of the VM.s for abstracting assignments.Unlike abstracting electronic automation is not yet a threat to closing work. It is also impossible to outsource the work because state statutes require the signing agent/attorney closer to be present at the closing to officiate.

In a small number of states the signing agents are required to work under the supervision of an attorney. In another small number of states there are special training and licensing requirements. Maryland is one, and I believe Illinois and Indiana are moving in that direction. As far as I know Tennessee is not among them, but you would need to check its requirements before beginning as a signing agent if you are interested


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Re: How Do You Explain This?? - Glenda Hodge/TN
1/2/2006 1:27:27 PM (2676 views)
Re: How Do You Explain This?? - Kevin Ahern/CT
1/2/2006 2:00:09 PM (2686 views)
Re: How Do You Explain This?? - Glenda Hodge/TN
1/2/2006 2:14:29 PM (2553 views)
Re: How Do You Explain This?? - Kevin Ahern/CT
1/2/2006 2:33:30 PM (2590 views)
Re: How Do You Explain This?? - Glenda Hodge/TN
1/2/2006 2:50:58 PM (2671 views)
Re: How Do You Explain This?? - Robert Franco/OH
1/3/2006 12:51:00 PM (2760 views)
Re: How Do You Explain This?? - Kevin Ahern/CT
1/3/2006 1:45:35 PM (2654 views)
Re: How Do You Explain This?? - J Nisonger/CA
1/2/2006 6:14:00 PM (2683 views)
Re: How Do You Explain This?? - Lisa Ramsey/TX
1/2/2006 11:22:24 PM (2813 views)
Re: How Do You Explain This?? - J Nisonger/CA
1/3/2006 1:16:34 AM (2719 views)
Re: How Do You Explain This?? - george Hubka/MI
1/3/2006 6:52:10 PM (2518 views)

Scanner update - J Nisonger/CA
12/29/2005 9:54:37 AM (2879 views)


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