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We can't be Walmart anymore... - Alix Ott/MI
10/9/2018 12:51:44 PM (4100 views)
Re: We can't be Walmart anymore... - ROD HEFNER/KS
10/10/2018 6:53:47 AM (3438 views)
Re: We can't be Walmart anymore... - David Bloys/TX
10/10/2018 7:25:52 AM (3197 views)
Re: We can't be Walmart anymore... - Joyce Obrien/PA
10/10/2018 9:45:50 AM (3343 views)
Re: We can't be Walmart anymore... - Alix Ott/MI
10/10/2018 9:56:59 AM (3375 views)
Re: We can't be Walmart anymore... - Joyce Obrien/PA
10/10/2018 10:12:57 AM (3092 views)
Re: We can't be Walmart anymore... - Alix Ott/MI
10/10/2018 2:36:48 PM (3465 views)
Re: We can't be Walmart anymore... - Kurt deVries/FL
10/11/2018 2:53:22 PM (3250 views)
Re: We can't be Walmart anymore... - Meg Evans/OH
10/15/2018 8:40:18 AM (3212 views)
Re: We can't be Walmart anymore... - Heather St Amant/LA
10/15/2018 8:50:20 AM (3156 views)
Re: We can't be Walmart anymore... - Alix Ott/MI
10/15/2018 9:02:55 AM (3242 views)
Re: We can't be Walmart anymore... - Cheryl Santamaria/CT
10/15/2018 8:58:01 AM (3241 views)
Re: We can't be Walmart anymore... - Scott Tischler/OH
10/15/2018 11:52:01 AM (3251 views)
Re: We can't be Walmart anymore... - g h/SC
10/15/2018 4:16:00 PM (3131 views)
Re: We can't be Walmart anymore... - KIMBERLY  FALCONE/PA
10/22/2018 8:30:57 AM (2672 views)
Re: We can't be Walmart anymore... - John Rawlings/WI
10/22/2018 9:34:52 AM (2591 views)
Re: We can't be Walmart anymore... - Lisa Ramsey/TX
10/22/2018 8:35:51 PM (2621 views)
Re: We can't be Walmart anymore... - Alix Ott/MI
10/23/2018 7:07:56 AM (2647 views)

First, I am a vendor manager and it's true that we're not needed.  BUT a lot of companies like to bypass dealing with literally dozens of individuals and have one point of contact -- someone who already has a tried and true group of subcontractors.  It's a lot of work and a lot of time to weed out the chaff.  That's what I do and as an abstractor myself, I'm often able to answer questions and resolve issues (especially in my home state) immediately.

All that being said, Abstracting Life in Texas is NOT Abstracting Life anywhere else.  I found that out when I started to accumulate counties and fees lists in Texas.  The pricing was seriously breathtaking.  And please, no one take offense here because those I work with have been incredibly wonderful -- BUT I get tired of hearing about the distances you drive.  You don't drive any farther than my folks in the Upper Peninsula of Michigan and the northern parts of Wisconsin and Minnesota -- AND WE DO IT WITH SNOW AND ICE.  And isn't it true that to work in Texas you must be local and/or have a company within the state?  That's not true elsewhere.  I'm envious that you can get the prices you're getting...but here's the gist:

Despite the current economic climate, we are a business of supply and demand.  In counties where there are few abstractors I charge more.  But in counties where everybody and their brother has on line access, I have to keep my prices right where they are to maintain the work.  And that goes for counties I do myself, not just as a vendor manager to others.  If I raise my rates, I lose the business to someone else.  Why should the title companies I work for pay me SIGNIFICANTLY more for a search that they can farm out to an abstractor directly?  Or to someone in my own counties who will do it for 10% less than I do?  If they'd have to deal with bad work and unreliable people, that would be different but the fact is there are a lot of people in a lot of areas who do incredibly good, fast work.  If you're shopping for canned goods or toilet paper and just want the basics, why go to Whole Foods when Walmart is 20% cheaper?  You don't.  You go to Walmart for the basics.  Period.  

I am not the only vendor manager who has run into these problems with having to keep our prices low (and, in fact, are asked yearly to LOWER our rates).  I communicate with a lot of competitors here in Michigan and know we're all in the same boat.

Let's use another analogy:  technological items go DOWN in price.  Think about TV's...  This year's LG OLED runs over $2,000 but I have already seen Best Buy drop their price a bit and in a year, that $2,000 TV will be $1200.  Because our industry is also now technological in so many locales, the price of doing our job goes down because more people -- including India -- have access.  Simple 1 owner searches are going away.  Period.  We're not going to be able to compete there much longer (and actually AREN'T competing in a lot of places because the local title companies do all their own work on line in outlying areas and at the courthouse in their own counties).  Maybe it's not true in Texas, but the vault in Lenawee Co. Michigan was full of people just 10 years ago.  Abstractors and local title companies.  Now on the VERY rare trip I make there, I am usually the only one in their huge vault that has 6 work stations.  

It is a fact for most of us that to raise our rates means ALL (rather than most) of the easy work goes away and what's left is only that work that requires expertise and actual courthouse experience.

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Re: We can't be Walmart anymore... - James Powell/MI
10/23/2018 10:54:48 AM (2657 views)
Re: We can't be Walmart anymore... - Lisa Ramsey/TX
10/29/2018 8:54:03 PM (2778 views)
Re: We can't be Walmart anymore... - Lisa Ramsey/TX
10/29/2018 8:54:08 PM (2725 views)
Re: We can't be Walmart anymore... - Alix Ott/MI
10/29/2018 10:12:35 PM (2828 views)
Re: We can't be Walmart anymore... - David Bloys/TX
10/23/2018 7:13:16 AM (2623 views)
Re: We can't be Walmart anymore... -  ABSTRACT SOLUTIONZ /TX
11/7/2018 3:46:38 PM (2500 views)
Re: We can't be Walmart anymore... - Alix Ott/MI
11/7/2018 3:57:43 PM (2796 views)
Re: We can't be Walmart anymore... -  ABSTRACT SOLUTIONZ /TX
11/7/2018 4:08:37 PM (2802 views)
Re: We can't be Walmart anymore... - David Bloys/TX
11/22/2018 8:23:55 PM (2489 views)
Re: We can't be Walmart anymore... - Alix Ott/MI
11/23/2018 7:33:20 AM (2512 views)

Poise Infosystems - Jim A/WV
10/8/2018 7:20:47 PM (3194 views)
Re: Poise Infosystems - Terry Ray/OH
10/15/2018 11:38:30 AM (3062 views)
Re: Poise Infosystems - Terry Ray/OH
10/15/2018 11:55:49 AM (2995 views)
Re: Poise Infosystems - Jim A/WV
11/1/2018 9:50:13 AM (2464 views)

USlandrecords vs. "Co-file" - stephen willard/OH
10/5/2018 8:42:57 AM (3987 views)
Re: USlandrecords vs. "Co-file" - Robert Franco/OH
10/5/2018 2:23:07 PM (3179 views)
Re: USlandrecords vs. "Co-file" - stephen willard/OH
10/5/2018 2:34:39 PM (3435 views)
Re: USlandrecords vs. "Co-file" - Alix Ott/MI
10/8/2018 8:32:06 AM (3218 views)
Re: USlandrecords vs. "Co-file" - stephen willard/OH
10/8/2018 9:17:47 AM (3227 views)
Re: USlandrecords vs. "Co-file" - Alix Ott/MI
10/8/2018 9:31:15 AM (3109 views)
Re: USlandrecords vs. "Co-file" - stephen willard/OH
10/8/2018 9:49:01 AM (3001 views)
Re: USlandrecords vs. "Co-file" - Alix Ott/MI
10/8/2018 10:00:53 AM (2751 views)
Re: USlandrecords vs. "Co-file" - stephen willard/OH
10/8/2018 10:08:58 AM (2820 views)
Re: USlandrecords vs. "Co-file" - Alix Ott/MI
10/8/2018 10:19:23 AM (2841 views)
Re: USlandrecords vs. "Co-file" - stephen willard/OH
10/8/2018 10:28:05 AM (2904 views)
Re: USlandrecords vs. "Co-file" - Alix Ott/MI
10/8/2018 10:42:00 AM (2838 views)
Re: USlandrecords vs. "Co-file" - stephen willard/OH
10/8/2018 10:43:47 AM (2825 views)
Re: USlandrecords vs. "Co-file" - Alix Ott/MI
10/8/2018 1:58:16 PM (3090 views)
Re: USlandrecords vs. "Co-file" - stephen willard/OH
10/9/2018 8:40:10 AM (2876 views)
Re: USlandrecords vs. "Co-file" - MICHELLE TURNER/OH
1/3/2019 2:19:36 PM (2290 views)
Re: USlandrecords vs. "Co-file" - James Powell/MI
10/9/2018 8:37:04 AM (3089 views)
Re: USlandrecords vs. "Co-file" - Alix Ott/MI
10/9/2018 8:44:24 AM (2919 views)
Re: USlandrecords vs. "Co-file" - stephen willard/OH
10/9/2018 8:46:35 AM (3035 views)
Re: USlandrecords vs. "Co-file" - Tom Schmick/OH
10/24/2018 7:05:02 PM (2478 views)
Re: USlandrecords vs. "Co-file" - stephen willard/OH
10/25/2018 7:16:51 AM (2514 views)
Re: USlandrecords vs. "Co-file" - Marian Cones/TX
10/9/2018 2:31:10 PM (2877 views)
Re: USlandrecords vs. "Co-file" - stephen willard/OH
10/9/2018 5:04:21 PM (2802 views)

Fake AccuFast Email - Bruce Lutz/PA
9/28/2018 1:22:58 PM (3180 views)
Re: Fake AccuFast Email - Regina  Engebritson/MN
9/28/2018 1:27:35 PM (2860 views)
Re: Fake AccuFast Email - Glenda Hodge/TN
9/28/2018 5:55:58 PM (2879 views)
Re: Fake AccuFast Email - Joyce Harper/OH
10/1/2018 8:56:40 AM (2917 views)
Re: Fake AccuFast Email - David Peluso/RI
10/1/2018 8:58:17 AM (2847 views)

Integrity Title now 364 Title - David Bloys/TX
9/27/2018 5:02:27 PM (3224 views)


Real Title Services


FUGO SERVICES - matthew clark/AL
9/25/2018 4:58:32 PM (3723 views)
Re: FUGO SERVICES - mollie cardell/SC
9/26/2018 12:25:04 PM (3519 views)
Re: FUGO SERVICES - matthew clark/AL
9/26/2018 12:30:09 PM (3476 views)
Re: FUGO SERVICES - John Baker/OH
10/1/2018 5:45:27 PM (3165 views)
Re: FUGO SERVICES - Naomi Backes/NC
10/3/2018 12:49:39 AM (3004 views)
Re: FUGO SERVICES - george Hubka/MI
10/5/2018 8:41:10 PM (2876 views)
Re: FUGO SERVICES - Ted Williamson/TX
10/15/2018 8:56:26 AM (2860 views)
Re: FUGO SERVICES - Juanita Hovanec/CO
10/15/2018 9:48:32 AM (2939 views)
Re: FUGO SERVICES - matthew clark/AL
10/16/2018 10:58:54 AM (2634 views)
Re: FUGO SERVICES - Sherry Greene/MI
10/22/2018 8:10:40 AM (2338 views)
Re: FUGO SERVICES - g h/SC
11/1/2018 8:25:25 AM (2501 views)

Indus Abstract Services - Smitty Strickland/SC
9/25/2018 2:05:28 PM (3011 views)
Re: Indus Abstract Services - John Baker/OH
10/1/2018 5:44:42 PM (3007 views)
Re: Indus Abstract Services - REBECCA RIZZONELLI/PA
10/8/2018 9:39:04 AM (3161 views)
Re: Indus Abstract Services - Smitty Strickland/SC
10/9/2018 10:53:06 AM (2964 views)

ISGN - F P/VA
9/21/2018 9:33:05 AM (3353 views)
Re: ISGN - F P/VA
9/21/2018 10:27:32 AM (3259 views)
Re: ISGN - Rene Blevins/VA
9/24/2018 10:31:01 AM (3236 views)
Re: ISGN - Randi Erickson/MN
9/24/2018 11:03:52 PM (5385 views)
Re: ISGN - F P/VA
9/25/2018 10:22:13 AM (3063 views)
Re: ISGN - Sherry Greene/MI
10/1/2018 8:23:17 AM (2873 views)
Re: ISGN - F P/VA
10/7/2018 5:37:57 PM (2881 views)
Re: ISGN - Patricia Harpur/PA
10/9/2018 9:22:28 PM (2705 views)
Re: ISGN - Michael Rosing/IL
10/22/2018 8:54:17 AM (2172 views)

Vdorite Services, LLC - Smitty Strickland/SC
9/19/2018 4:58:07 PM (3169 views)
Re: Vdorite Services, LLC - Joyce Obrien/PA
9/23/2018 11:18:21 AM (3465 views)
Re: Vdorite Services, LLC - Smitty Strickland/SC
9/25/2018 10:40:08 AM (3133 views)
Re: Vdorite Services, LLC - Natalie Drake/GA
10/11/2018 6:38:10 PM (2847 views)

Anyone heard of Aster Logic Global Services? - Tamara Howard/FL
9/18/2018 5:02:30 PM (2704 views)

Updates/Bringdowns - Ted Williamson/TX
9/18/2018 2:00:22 PM (3346 views)
Re: Updates/Bringdowns - Jay Duncan/MO
9/18/2018 2:45:13 PM (3323 views)
Re: Updates/Bringdowns - Ted Williamson/TX
9/18/2018 3:21:05 PM (3245 views)
Re: Updates/Bringdowns - Jay Duncan/MO
9/18/2018 3:35:23 PM (3148 views)
Re: Updates/Bringdowns - Smitty Strickland/SC
9/19/2018 5:02:06 PM (3129 views)
Re: Updates/Bringdowns - WAYNE QUICK/NC
9/24/2018 8:27:22 AM (3058 views)
Re: Updates/Bringdowns - Ted Williamson/TX
9/24/2018 8:53:30 AM (2785 views)
Re: Updates/Bringdowns - Alix Ott/MI
9/24/2018 8:35:03 AM (2935 views)
Re: Updates/Bringdowns - g h/SC
9/24/2018 9:16:13 AM (2921 views)
Re: Updates/Bringdowns - Daniel Silverburg/CA
9/24/2018 10:27:42 AM (2706 views)
Re: Updates/Bringdowns - Joyce Obrien/PA
10/8/2018 6:40:29 PM (2759 views)
Re: Updates/Bringdowns - Brendan O'Shea/VT
11/2/2018 2:00:07 PM (2159 views)
Re: Updates/Bringdowns - James Powell/MI
11/8/2018 10:26:43 AM (2180 views)
Re: Updates/Bringdowns - REBECCA RIZZONELLI/PA
11/5/2018 8:34:32 AM (2274 views)

Open for business - Smitty Strickland/SC
9/17/2018 2:26:47 PM (2955 views)
Re: Open for business - David Bloys/TX
9/19/2018 6:45:20 AM (2855 views)
Re: Open for business - Jay Duncan/MO
9/19/2018 11:42:07 AM (2707 views)
Re: Open for business - Smitty Strickland/SC
9/19/2018 4:54:33 PM (2833 views)
Re: Open for business - g h/SC
9/24/2018 9:21:39 AM (2708 views)

NTC - matthew clark/AL
9/13/2018 3:23:58 PM (3649 views)
Re: NTC - Sherry Greene/MI
9/24/2018 8:06:34 AM (3158 views)
Re: NTC - Paula Reynolds/FL
10/3/2018 3:10:14 PM (3059 views)
Re: NTC - Angela Sharp/CA
2/15/2019 12:03:47 AM (1978 views)
Re: NTC - Paula Reynolds/FL
2/15/2019 12:29:46 AM (1878 views)
Re: NTC - Angela Sharp/CA
2/15/2019 12:57:41 AM (1850 views)
Re: NTC - Rene Blevins/VA
9/25/2018 4:23:04 PM (3052 views)
Re: NTC - matthew clark/AL
9/25/2018 4:46:38 PM (3050 views)
Re: NTC - Bruce Lutz/PA
9/28/2018 1:20:49 PM (2560 views)

Title Group LLC - Amy Johnson/MS
9/13/2018 12:14:01 PM (3158 views)
Re: Title Group LLC - Waylon Milner/MS
9/28/2018 3:18:34 PM (2363 views)

Certified Abstractor? - F P/VA
9/10/2018 3:07:39 PM (3123 views)
Re: Certified Abstractor? - Rene Blevins/VA
9/24/2018 10:33:09 AM (3190 views)


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