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[+] timios inc - John East/AL (4 replies)
10/7/2008 6:28:18 PM (4292 views)

[+] Your opinions please--paying signing agents up front - Ronda Roaring/NY (1 reply)
10/7/2008 5:24:02 PM (3490 views)

[+] MS Title - Smitty Strickland/SC (2 replies)
10/7/2008 10:33:53 AM (3578 views)

[+] Contact number for NALTEA - Edward Huguenin/SC (1 reply)
10/6/2008 6:57:06 PM (3250 views)

[-] Another Fee Reduction Request - Scott Perry/PA (12 replies)
10/6/2008 4:47:25 PM (4026 views)
Re: Another Fee Reduction Request - Joyce/NM
10/6/2008 4:55:46 PM (4914 views)
Re: Another Fee Reduction Request - Robert Franco/OH
10/6/2008 5:22:15 PM (4867 views)
Re: Another Fee Reduction Request - Helene /GA
10/6/2008 9:49:49 PM (4876 views)
Re: Another Fee Reduction Request - george Hubka/MI
10/7/2008 5:53:14 AM (4887 views)
Re: Another Fee Reduction Request - Scott Perry/PA
10/7/2008 6:47:35 AM (4890 views)
Re: Another Fee Reduction Request - Helene /GA
10/12/2008 2:54:11 PM (4818 views)

George,   If one didn't get the email then the fee reduction didn't directly affect them so it doesn't matter who it was.  It wasn't a pymnt. issue. Having done work for numerous VM's over the years, I understand that many will usually go with someone cheaper no matter how much they praise your work and even if you're not the one causing them problems.  It doesn't even matter how good a relationship you might have had with those, or how matter years you have been doing their work.  Most require E & O so I would think it doesn't matter to them whom they use as long as they get what they want when they want it!  Many companies have asked  for fee reductions or just outright stated them.  It's up to each to decide whether or not to accept them.  In this case, I didn't feel the fee decrease was justified for me to agree to it.  It wasn't worth it.  I know what I have to charge in order to make a profit.  I've learned not to take the VM's decisions personally. I treat their work the same as local clients.  I stick to my fees with them because even If I accept the cut, there will always be another who'll do it cheaper and so where would it end?  So if they dump me for someone cheaper, then they dump me!  If they come back and accept my fees, then I'll still return the same work caliber of work  I did before.

I know of many who accept fee cuts because these days they are hurtng worse than some; because running titles is all they have ever done and that is how they take care of their family.  I don't blame them for accepting cuts and I hope those are the ones who get the work others decline. The ones I do begrudge are those who call companies knowing others are doing the work and purposely cut the fee.  They are usually those who only got into the industry in the couple of years ago to make a quick buck and couldn't do a full search if their life depended on it.  There have also been some recent upstarts who charge 1/2 the fee knowing full well what the average is in each locality.   I don't care for them either.  To them a fee cut for me is an increase for them. 

I assure you I'm not "spineless".  I was probably too harsh; too general though.  And now I am getting long-winded.  I'll tell you though, it is my experience that when contact is made w/this or any other VM, they will  send  a form asking for your fees.  If you don't hear from them, chances are someone is already doing your counties for the same or cheaper.  I don't follow up and tell them I'll do it cheaper.  I wish you good luck. 

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Re: Another Fee Reduction Request - george Hubka/MI
10/13/2008 4:13:24 AM (4782 views)
Re: Another Fee Reduction Request - Helene /GA
10/14/2008 12:09:47 AM (4876 views)
Re: Another Fee Reduction Request - Robert Breakell/CT
10/7/2008 10:39:44 AM (4922 views)
Personal thought with no factual basis - Bobbi Shorthouse, Notary Public/CT
10/7/2008 1:16:40 PM (4811 views)
Re: Another Fee Reduction Request - Anita Backlund/MN
10/8/2008 9:29:30 PM (4795 views)
Re: Another Fee Reduction Request - george Hubka/MI
10/9/2008 6:16:51 AM (4741 views)


Real Title Services


JC Abstracting - Barbara Hamilton/CA
10/4/2008 4:36:04 PM (3322 views)

Upgrade notice for sourceoftitle.com - Slade Smith/OH
10/3/2008 4:48:37 PM (3127 views)

[+] The AfBA battle is on! - Robert Franco/OH (1 reply)
10/3/2008 4:27:46 PM (5209 views)

[+] Bankers Title Company - Gone - Frank NAVARRO/IL (1 reply)
10/2/2008 6:50:11 PM (3958 views)

[+] Any info on Abstractor listing websites? - Erin Carraway/NY (11 replies)
10/2/2008 1:11:58 PM (4127 views)

[+] Questions on title companies & Leads - Erin Carraway/NY (9 replies)
10/2/2008 9:09:47 AM (3907 views)

[+] Info on Abstractors A Go Go - george Hubka/MI (10 replies)
10/1/2008 6:27:14 PM (4271 views)

[+] Bail Out Bill Defeated - Kevin Ahern/CT (19 replies)
9/29/2008 3:14:47 PM (3718 views)

Reminder for Independent Agents - Robert Franco/OH
9/29/2008 11:46:39 AM (4579 views)

[+] Beware of Huntington Title & Contemporary Realty Solutions - Tiffany Abramowski/VA (1 reply)
9/28/2008 9:25:00 PM (3544 views)


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