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[-] Search fees - 1995 vs. 2022 - stephen willard/OH (14 replies)
10/14/2022 10:59:08 AM (2676 views)

Most recently I lost a major client due to search fees. They reassured me that our quality of work and services are not an issue. However, our fees are. We charge $115.00, per chain of title, for a 42 or 60 year residential full search and $165.00 per chain of title, plus copies, for a commercial search. I know a number of examiners who charge what we charge or more.  I was informed  by this client that a number of  examiners in my area, Central Ohio, are charging $75 to $95 for full searches in 3 of my counties and no more than $100 in the other 3. A number are around $90.00 for a full search.  For updates, I was told they are charging either $15 or $18 or $20 for updates less than 6 months. These are fees we charged in 1995 when our office first opened. 

I can understand this long term client using these type of examiners. They are in business to make money and save money whenever they can. What I don't understand how any examiner can only charge $75 for a full search. These counties are not 100% remote access. The title work has to be completed at the given courthouse. I was also informed that any additional chain of title is charges between $25 to $50 for the additional chain of title. We give typed reports with every title search report, whereas I know these $75 examiners are providing handwritten scribble search notes. 

We examiners can complain about this company or that company, but sometimes we are our own worst enemy. I don't expect us all to charge the same amount for our work, however, I don't expect 1995 fees here in 2022. When gasoline is hovering around $5.00 per gallon.  I also understand we are a free market society but it appears we are not truly being undercut by overseas title providers but by homegrown cut rate searchers.

 

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Re: Search fees - 1995 vs. 2022 - Garret  Fitzgerald/VA
10/17/2022 9:36:22 AM (2734 views)
Re: Search fees - 1995 vs. 2022 - David Barajas/FL
10/20/2022 2:07:20 PM (2320 views)
Re: Search fees - 1995 vs. 2022 - A Crawford/OH
10/17/2022 11:22:51 AM (2728 views)
Re: Search fees - 1995 vs. 2022 - stephen willard/OH
10/17/2022 11:26:33 AM (2732 views)
Re: Search fees - 1995 vs. 2022 - A Crawford/OH
11/2/2022 10:35:41 AM (2328 views)
Re: Search fees - 1995 vs. 2022 - Robert Franco/OH
10/18/2022 5:26:22 AM (2718 views)
Re: Search fees - 1995 vs. 2022 - David Barajas/FL
10/20/2022 2:06:42 PM (2434 views)
Re: Search fees - 1995 vs. 2022 - Shawna Carr/AR
10/24/2022 3:34:40 PM (2312 views)
Re: Search fees - 1995 vs. 2022 - Robb Grandon/MI
11/2/2022 9:28:49 AM (2198 views)
Re: Search fees - 1995 vs. 2022 - stephen willard/OH
11/2/2022 4:12:34 PM (2326 views)
Re: Search fees - 1995 vs. 2022 - Patrick Parrish/AL
11/3/2022 2:24:39 PM (2178 views)
Re: Search fees - 1995 vs. 2022 - stephen willard/OH
11/4/2022 9:40:00 AM (2244 views)
Re: Search fees - 1995 vs. 2022 - Shon Hill/AL
11/7/2022 6:24:39 PM (2191 views)
Re: Search fees - 1995 vs. 2022 - stephen willard/OH
11/8/2022 9:59:25 AM (2047 views)

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[+] E&O - Saundra  Scott/MD (13 replies)
8/30/2022 11:32:13 AM (1864 views)


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