One of my clients that i have been working for since he opened has sent me this question:
"Would you be interested in setting up a billing system in that you get paid if and when a deal closes. To compensate you for the risk, we would have you add 10% to each bill for service charge or something."
Which comes down to he needs to close on 10 jobs so I get paid for 1 that does not close. and I do not know if the jobs close because I am not at the closings.
Oh please tell me this is not going to be a string of clients trying to pull this and some searchers get scared and agree to it. this will ruin us completely.
It's bad enough we have to wait for ever to get paid by some clients and then they want to try this. Our job is a cost to the file. We put all the money and work out no matter if the job closes or not. We should get paid there are always consequences and title search is the consequence. Payment is needed.
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