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Hope all is well with everyone - Tammy Knight/MO
1/5/2006 12:50:18 AM (1772 views)

Who's Coming - Nikky Eisenhuth/FL
1/4/2006 5:24:23 PM (3166 views)
Re: Who's Coming - Robert Franco/OH
1/4/2006 5:30:44 PM (2980 views)
Re: Who's Coming - Kurt deVries/FL
1/4/2006 10:25:06 PM (3031 views)
Re: Who's Coming - Wanda Steudel/OH
1/5/2006 9:49:12 AM (2958 views)
Re: Who's Coming - Jay Duncan/MO
1/5/2006 10:27:53 AM (3021 views)
Re: Who's Coming - John OConnor/IL
1/5/2006 4:37:46 PM (2981 views)

Quickly approaching... - Jay Duncan/MO
1/4/2006 2:05:53 PM (3325 views)
Re: Quickly approaching... - Ximena Vargas/NY
1/4/2006 3:10:01 PM (3088 views)
Conference transportation from Airport to Hotel - Jay Duncan/MO
1/4/2006 3:28:56 PM (3044 views)
Re: Conference transportation from Airport to Hotel - Robert Franco/OH
1/4/2006 4:08:59 PM (2953 views)
Re: Conference transportation from Airport to Hotel - Patrick Scott/IL
1/4/2006 11:14:01 PM (2937 views)
Re: Conference transportation from Airport to Hotel - Ximena Vargas/NY
1/5/2006 5:18:02 PM (2897 views)

A very, very shameless NON profit plug. Please read. - Jason Sheppard/PA
1/4/2006 12:04:50 PM (3384 views)
Re: A very, very shameless NON profit plug. Please read. - Jay Duncan/MO
1/4/2006 12:46:06 PM (3125 views)
Re: A very, very shameless NON profit plug. Please read. - J.T. Shoemaker/NY
1/4/2006 1:23:41 PM (3230 views)
Re: A very, very shameless NON profit plug. Please read. - Jason Sheppard/PA
1/4/2006 1:25:39 PM (3267 views)
Re: A very, very shameless NON profit plug. Please read. - J Nisonger/CA
1/4/2006 2:32:21 PM (3273 views)
Re: A very, very shameless NON profit plug. Please read. - Jason Sheppard/PA
1/4/2006 2:38:26 PM (3418 views)
Re: A very, very shameless NON profit plug. Please read. - J Nisonger/CA
1/4/2006 6:42:25 PM (3238 views)
Re: A very, very shameless NON profit plug. Please read. - Loretta Reed/MD
1/4/2006 8:14:26 PM (3139 views)
Re: A very, very shameless NON profit plug. Please read. - Lisa Ramsey/TX
1/4/2006 8:24:06 PM (3208 views)
Re: A very, very shameless NON profit plug. Please read. - Jan Forster/NC
1/4/2006 10:39:49 PM (5334 views)
Re: A very, very shameless NON profit plug. Please read. - J Nisonger/CA
1/4/2006 11:07:50 PM (3047 views)
Re: A very, very shameless NON profit plug. Please read. - Loretta Reed/MD
1/6/2006 9:02:57 AM (3201 views)
Re: A very, very shameless NON profit plug. Please read. - Lisa Ramsey/TX
1/6/2006 11:00:10 AM (3228 views)
Re: A very, very shameless NON profit plug. Please read. - Loretta Reed/MD
1/6/2006 5:41:29 PM (3095 views)
Re: A very, very shameless NON profit plug. Please read. - J Nisonger/CA
1/6/2006 6:07:08 PM (3083 views)
Re: A very, very shameless NON profit plug. Please read. - Loretta Reed/MD
1/7/2006 11:17:18 AM (3060 views)
Re: A very, very shameless NON profit plug. Please read. - J Nisonger/CA
1/8/2006 6:51:25 PM (3059 views)
Re: A very, very shameless NON profit plug. Please read. - Loretta Reed/MD
1/8/2006 7:47:08 PM (2934 views)
Re: A very, very shameless NON profit plug. Please read. - Lisa Ramsey/TX
1/9/2006 9:34:30 AM (2885 views)
Re: A very, very shameless NON profit plug. Please read. - Jan Forster/NC
1/7/2006 10:41:16 AM (3190 views)
Re: A very, very shameless NON profit plug. Please read. - Lisa Ramsey/TX
1/7/2006 12:33:35 PM (3135 views)
Re: A very, very shameless NON profit plug. Please read. - Robert Franco/OH
1/7/2006 4:10:54 PM (3159 views)
Re: A very, very shameless NON profit plug. Please read. - Lisa Ramsey/TX
1/7/2006 5:20:53 PM (3075 views)
Re: A very, very shameless NON profit plug. Please read. - Jason Sheppard/PA
1/7/2006 5:20:32 PM (5297 views)
Re: A very, very shameless NON profit plug. Please read. - Lisa Ramsey/TX
1/7/2006 5:28:18 PM (3053 views)

E & O - Deborah Manion/VA
1/4/2006 10:46:12 AM (2150 views)
Re: E & O - Lisa Ramsey/TX
1/4/2006 10:55:31 AM (3094 views)
Re: E & O - Glenda Hodge/TN
1/4/2006 1:32:00 PM (2987 views)
Re: E & O - Glenda Hodge/TN
1/4/2006 1:33:38 PM (3067 views)
Re: E & O - Lynn Hammett/SC
1/4/2006 11:16:55 AM (3012 views)
Re: E & O - Lisa Ramsey/TX
1/4/2006 1:41:34 PM (2907 views)


Real Title Services


Hotel rooms for NALTEA conference - Tim Lunn/NY
1/3/2006 12:30:05 PM (1740 views)

Inspirational Post - Interview with God - Lisa Ramsey/TX
1/2/2006 11:15:58 PM (3343 views)
Re: Inspirational Post - Interview with God - Jay Duncan/MO
1/3/2006 12:28:40 AM (3129 views)
Re: Inspirational Post - Interview with God - Kurt deVries/FL
1/3/2006 2:10:57 PM (3038 views)
Re: Inspirational Post - Interview with God - J.T. Shoemaker/NY
1/3/2006 3:01:06 PM (2948 views)
Re: Inspirational Post - Interview with God - Lisa Ramsey/TX
1/3/2006 5:08:56 PM (3093 views)

AH HA...... - Loretta Reed/MD
1/2/2006 7:45:53 AM (2260 views)
Re: AH HA...... - Rachel Malone/PA
1/2/2006 8:58:55 AM (2971 views)
Re: AH HA...... - Loretta Reed/MD
1/2/2006 11:12:44 AM (2902 views)

Order processing - J Nisonger/CA
1/1/2006 11:25:10 PM (2296 views)
Re: Order processing - Jay Duncan/MO
1/2/2006 12:30:02 AM (5330 views)
Re: Order processing - J Nisonger/CA
1/2/2006 6:06:46 PM (2963 views)
Re: Order processing - Jay Duncan/MO
1/2/2006 8:14:47 PM (2990 views)
Re: Order processing - Tammy Knight/MO
1/5/2006 12:43:25 AM (2997 views)
Re: Order processing - J Nisonger/CA
1/5/2006 10:50:20 PM (2908 views)

Scott - Kevin Ahern/CT
12/30/2005 5:22:13 PM (2438 views)
Re: Scott - Scott Perry/PA
12/31/2005 12:54:09 PM (3237 views)
Re: Scott - J.T. Shoemaker/NY
12/31/2005 10:58:59 PM (3135 views)
Re: Scott - Scott Perry/PA
12/31/2005 11:30:09 PM (3039 views)
Re: Scott - J.T. Shoemaker/NY
1/1/2006 10:41:48 AM (3097 views)
Re: Scott - Kevin Ahern/CT
1/1/2006 10:55:06 AM (3183 views)
Re: Scott - J.T. Shoemaker/NY
1/1/2006 11:18:42 AM (3203 views)
Re: Scott - Scott Perry/PA
1/1/2006 7:06:50 PM (3055 views)
Re: Scott - Scott Perry/PA
1/1/2006 1:31:42 PM (3152 views)
Re: Scott - Kevin Ahern/CT
1/1/2006 7:59:41 PM (2999 views)
Re: Scott - Scott Perry/PA
1/1/2006 10:18:55 PM (3034 views)
Re: Scott - Kevin Ahern/CT
1/2/2006 6:04:19 AM (2890 views)
Re: Scott - Scott Perry/PA
1/2/2006 12:55:35 PM (2968 views)
Re: Scott - Scott Perry/PA
1/1/2006 1:21:36 PM (3131 views)

Outsourcing - Ricky Farrow/FL
12/30/2005 10:17:26 AM (3586 views)
Re: Outsourcing - Ellen Malloy/MO
12/30/2005 11:21:35 AM (3139 views)
Re: Outsourcing - David Bloys/TX
12/30/2005 12:58:16 PM (3068 views)
Re: Outsourcing - Ricky Farrow/FL
12/30/2005 1:42:05 PM (3036 views)
Re: Outsourcing - David Bloys/TX
12/30/2005 2:26:01 PM (6132 views)
Re: Outsourcing - Ricky Farrow/FL
12/30/2005 4:39:45 PM (2998 views)
Re: Outsourcing - David Bloys/TX
12/30/2005 5:49:48 PM (3079 views)
Re: Outsourcing - Tammy Knight/MO
1/5/2006 1:05:04 AM (2974 views)
Re: Outsourcing - Wanda Steudel/OH
1/5/2006 9:54:14 AM (2994 views)
Re: Outsourcing - Robert Franco/OH
1/5/2006 4:43:21 PM (2957 views)
Re: Outsourcing - David Bloys/TX
1/5/2006 5:43:54 PM (2903 views)
Re: Outsourcing - Robert Franco/OH
1/5/2006 6:33:44 PM (2866 views)
Re: Outsourcing - Tammy Knight/MO
1/6/2006 3:30:17 PM (2807 views)

How Do You Explain This?? - Glenda Hodge/TN
12/29/2005 9:48:09 PM (2492 views)
Re: How Do You Explain This?? - Rachel Malone/PA
12/30/2005 12:04:27 AM (3186 views)
Re: How Do You Explain This?? - Wanda Steudel/OH
12/30/2005 10:43:38 AM (3166 views)
Re: How Do You Explain This?? - Ricky Farrow/FL
12/30/2005 10:28:58 AM (3197 views)
Re: How Do You Explain This?? - Lisa Ramsey/TX
12/30/2005 12:10:08 PM (3129 views)
Re: How Do You Explain This?? - Ricky Farrow/FL
12/30/2005 4:53:41 PM (3024 views)
Re: How Do You Explain This?? - Lisa Ramsey/TX
12/30/2005 7:51:33 PM (3050 views)
Re: How Do You Explain This?? - Ricky Farrow/FL
12/30/2005 10:26:00 PM (3074 views)
Re: How Do You Explain This?? - David Bloys/TX
12/31/2005 9:13:42 AM (3122 views)
Re: How Do You Explain This?? - Robert Franco/OH
12/30/2005 5:16:14 PM (3117 views)
Re: How Do You Explain This?? - Jay Duncan/MO
1/1/2006 7:47:21 PM (2987 views)
Re: How Do You Explain This?? - Kevin Ahern/CT
1/1/2006 8:27:23 PM (2935 views)
Re: How Do You Explain This?? - Glenda Hodge/TN
1/1/2006 11:26:33 PM (2928 views)
Re: How Do You Explain This?? - Kevin Ahern/CT
1/2/2006 5:55:17 AM (2980 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 (2922 views)
Re: How Do You Explain This?? - Kevin Ahern/CT
1/2/2006 2:00:09 PM (2950 views)
Re: How Do You Explain This?? - Glenda Hodge/TN
1/2/2006 2:14:29 PM (2796 views)
Re: How Do You Explain This?? - Kevin Ahern/CT
1/2/2006 2:33:30 PM (2817 views)
Re: How Do You Explain This?? - Glenda Hodge/TN
1/2/2006 2:50:58 PM (2915 views)
Re: How Do You Explain This?? - Robert Franco/OH
1/3/2006 12:51:00 PM (2996 views)
Re: How Do You Explain This?? - Kevin Ahern/CT
1/3/2006 1:45:35 PM (2895 views)
Re: How Do You Explain This?? - J Nisonger/CA
1/2/2006 6:14:00 PM (2924 views)
Re: How Do You Explain This?? - Lisa Ramsey/TX
1/2/2006 11:22:24 PM (3096 views)
Re: How Do You Explain This?? - J Nisonger/CA
1/3/2006 1:16:34 AM (3014 views)
Re: How Do You Explain This?? - george Hubka/MI
1/3/2006 6:52:10 PM (2766 views)

Scanner update - J Nisonger/CA
12/29/2005 9:54:37 AM (2973 views)

Acculink - Deborah Manion/VA
12/28/2005 3:13:07 PM (2565 views)
Re: Acculink - Glenda Hodge/TN
12/28/2005 11:05:13 PM (3085 views)
Re: Acculink - george Hubka/MI
1/3/2006 6:57:03 PM (2838 views)
Re: Acculink - Glenda Hodge/TN
1/3/2006 7:31:24 PM (2858 views)
Re: Acculink - J Nisonger/CA
1/5/2006 10:57:41 PM (2723 views)

DLC Title Services - Susan/OH
12/27/2005 4:34:46 PM (2013 views)


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