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 | show all replies



[+] Anybody heard of Vdorite Services, LLC - Matthew DeZwarte/WI (2 replies)
8/20/2018 10:43:41 PM (3055 views)

[+] HUD and Facebook - Randi Erickson/MN (1 reply)
8/19/2018 2:43:52 PM (3814 views)

[-] In-House? Outsourced? Out of Luck. - F P/VA (12 replies)
8/19/2018 1:22:41 AM (3382 views)

So I've been looking for a job, and it's been frustrating. We all know over the last few years vendor management companies have outsourced their title work to India. This caused freelancers who worked with them to have less work, but still receive work from other industry servicers.  But this year with rising interest rates, borrowers are just not borrowing and home sales are moving sideways, causing all related servicing companies to slow down even more. I see that not only vendor management companies, but also title agencies, law firms and land services companies are forgoing the use of freelancers and outsourcers, and instead hiring in-house abstractors.  So I thought, I'll just go back in-house. Ha. Not happening.  Several job offers state the "abstractor" job consists of doing the search, preparing the report, reviewing, title clearing, policy typing and closings, in their office (no working from home) all for $12.00 an hour, which is $24,960 a year, which is $8,000 a year less then I made in 1992 as an in-house abstractor that did not do title review, title clearing, policy typing or closings. What?!?   I must be missing something. I know times are tough but I'm a little surprised that the in-house salary for this job plus added responsibilities is less now then in 1992.  Don't get me wrong, I would do all the extra work, but I expect to be paid accordingly. I just don't get it.

Now I know some of you are all "I've got plenty of work". And if you do I'm happy for you and I hope you stay busy. Sincerely.  But look at the directory of this site.  Look at how many have bad info.  I know most of them (with bad info) are out of business, although a few changed their company name and left the old name on there, most have moved on to other jobs. The last time I ranted about work some abstractors told me they were soo busy.  But as I job hunt, I see their resumes on LinkedIn, showing their new job because they left the business (because they were soo busy?)  As abstractors leave for other jobs, those of us left behind might get some of their work, but is it enough to stay in business?   There's too many companies still looking to hire in-house abstractors/examiners.  So once again I've sat up late at night at my desk, eating too many peanut butter M&M's, looking at jobs websites and uselessly ranting on SOT.  Ugh, put down the M&M's and no one gets hurt ; )
 

to post a reply: login - or - register


Re: In-House? Outsourced? Out of Luck. - Garret  Fitzgerald/VA
8/20/2018 6:19:17 PM (2572 views)
Re: In-House? Outsourced? Out of Luck. - F P/VA
8/21/2018 5:23:35 PM (2459 views)
Re: In-House? Outsourced? Out of Luck. - Garret  Fitzgerald/VA
8/21/2018 6:28:49 PM (2382 views)
Re: In-House? Outsourced? Out of Luck. - Lisa Ramsey/TX
8/21/2018 12:37:38 PM (2278 views)
Re: In-House? Outsourced? Out of Luck. - David Bloys/TX
8/21/2018 2:08:36 PM (2270 views)
Re: In-House? Outsourced? Out of Luck. - F P/VA
8/21/2018 5:15:52 PM (2208 views)
Re: In-House? Outsourced? Out of Luck. - William Duncan/NC
8/29/2018 6:26:11 PM (2200 views)
Re: In-House? Outsourced? Out of Luck. - F P/VA
8/30/2018 10:54:55 AM (2012 views)
Re: In-House? Outsourced? Out of Luck. - Heather St Amant/LA
9/4/2018 12:04:49 PM (2214 views)
Re: In-House? Outsourced? Out of Luck. - WAYNE QUICK/NC
9/10/2018 10:49:14 AM (1873 views)
Re: In-House? Outsourced? Out of Luck. - Heather St Amant/LA
9/10/2018 11:07:05 AM (1842 views)
Re: In-House? Outsourced? Out of Luck. - WAYNE QUICK/NC
9/10/2018 11:43:56 AM (1810 views)

[+] Attorney States - Billie Athanas/PA (8 replies)
8/15/2018 3:39:05 PM (2804 views)

Rockedge - Lucille Femine/TN
8/15/2018 1:49:06 PM (1801 views)




American Home LLC - Chris Hohenfels/VA
8/15/2018 3:21:21 AM (2072 views)

[+] Noble Serve - Russ  Kern/GA (3 replies)
8/14/2018 7:53:57 AM (4701 views)

Real Estate Investor Pleads Guilty to Bid Rigging at Online Auctions - Randi Erickson/MN
8/13/2018 3:13:01 PM (3274 views)

[+] Pippin Title Services - Phyllis Agan/GA (1 reply)
8/7/2018 2:43:42 PM (2862 views)

Zillow - F P/VA
8/7/2018 12:05:04 PM (3366 views)

[+] Pippin Title Services - Phyllis Agan/GA (8 replies)
8/6/2018 3:44:59 PM (5429 views)

Has anyone used PAVASO yet - Heidi Gemeling/FL
8/1/2018 12:27:38 PM (2328 views)

LandStar Title, LLC. Seeking New Florida Clients - Brandon O'Neal/TN
7/31/2018 3:01:05 PM (2256 views)

[+] Anyone heard of PNA TITLE? - John Baker/OH (2 replies)
7/29/2018 12:21:42 PM (2441 views)

[+] Title Service/sathramcorp - jane guiles/AL (2 replies)
7/24/2018 9:59:36 PM (2346 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 8956 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:

How Another War in the Middle East Could Impact the Housing Market
Marissa Berends's Blog
2025/06/30
0 comments

The Aging of the American Homebuyer: A 40-Year Shift and Its Economic Impact
Marissa Berends's Blog
2025/06/20
0 comments

The Implications of Publicizing Fannie Mae and Freddie Mac
Marissa Berends's Blog
2025/06/18
0 comments

Articles

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

NAR Pending Home Sales Report Reveals 1.8% Increase in May
"Consistent job gains and rising wages are modestly helping the housing market," said NAR Chief Economist Lawrence Yun. ...
Mortgage Applications Increase in Latest MBA Weekly Survey
“The combination of the ongoing conflict in the Middle East, current economic conditions, and last week’s FO...
Elevated Rates, Challenging Affordability Conditions Put a Damper on New Home Sales
“Housing affordability conditions have pushed more buyers to the sidelines, as reflected in our latest builder sur...
Title Resources Group Appoints Natasha Branch as Underwriting Counsel for North Carolina
Title Resources Group, one of the nation's leading title insurance underwriters, is pleased to welcome Natasha Branch as...
ZOCCAM, U.S. Bank and Stewart Title launch solution for faster, more secure title payments with Request for Payment
"Real Time ZOCCAM’s use of Request for Pay is combatting wire fraud by removing the need to send or receive wiring...

Search Articles:
browse...

Classifieds

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

© 2020, Source of Title.