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Anyone know this company? - Serena Stout/VA
3/15/2011 3:36:55 PM (3269 views)
Re: Anyone know this company? - Jason Knowles/AL
3/16/2011 2:38:57 PM (2751 views)
Re: Anyone know this company? - Michael McNamara/OH
5/2/2011 3:05:45 PM (2320 views)
Re: Anyone know this company? - Bill Cummings/IL
5/15/2011 12:19:20 AM (2249 views)

Island moved - William Pattison /CA
3/15/2011 12:09:52 PM (2852 views)
Re: Island moved - Kevin Ahern/CT
3/15/2011 12:22:12 PM (2563 views)
Re: Island moved - William Pattison /CA
3/15/2011 1:21:13 PM (2562 views)
Re: Island moved - Steve Dennis/AK
3/15/2011 5:10:06 PM (2674 views)
Re: Island moved - CHARLENE  PERRY/MD
3/15/2011 7:30:41 PM (2572 views)

Before & after photos show land and development - William Pattison /CA
3/15/2011 11:23:08 AM (4034 views)
Re: Before & after photos show land and development - Barbara Bennett/IN
3/15/2011 1:00:09 PM (2567 views)
Re: Before & after photos show land and development - Janis Talbot/SC
3/21/2011 7:36:00 AM (2352 views)

getting burned - LEO POVEDA/CA
3/14/2011 4:45:03 PM (3009 views)
Re: getting burned - Kevin Ahern/CT
3/14/2011 6:22:30 PM (2618 views)
Re: getting burned - LEO POVEDA/CA
3/21/2011 2:13:53 PM (2457 views)
Re: getting burned - Leigh Attridge/MA
3/16/2011 6:54:27 PM (2479 views)
Re: getting burned - Janis Talbot/SC
3/21/2011 7:39:26 AM (2475 views)
Re: getting burned - LEO POVEDA/CA
3/21/2011 2:22:27 PM (2342 views)
Re: getting burned - LEO POVEDA/CA
3/21/2011 2:19:11 PM (2299 views)

Water, it's the word of the day - CHARLENE  PERRY/MD
3/14/2011 11:19:20 AM (2647 views)
Re: Water, it's the word of the day - William Pattison /CA
3/14/2011 12:20:34 PM (2439 views)
Re: Water, it's the word of the day - Scott Perry/PA
3/15/2011 4:22:04 PM (4382 views)


Real Title Services


Vision Land Services - Diane O'Neill/MI
3/14/2011 10:32:21 AM (2854 views)
Re: Vision Land Services - Joyce Harper/OH
4/12/2011 3:08:20 PM (2227 views)

Zen Title Update - Anita Backlund/MN
3/13/2011 3:15:03 PM (3907 views)

Inquiry on Military Family Foreclosures - Leigh Attridge/MA
3/12/2011 6:45:32 AM (3988 views)
Re: Inquiry on Military Family Foreclosures - Angie  McKinnon/UT
3/14/2011 10:37:15 PM (2717 views)
Re: Inquiry on Military Family Foreclosures - Jessica Talley/FL
3/15/2011 9:25:58 AM (2676 views)
Re: Inquiry on Military Family Foreclosures - James Powell/MI
3/17/2011 9:35:44 AM (2665 views)
Re: Inquiry on Military Family Foreclosures - Jessica Talley/FL
3/17/2011 11:16:52 AM (2670 views)
Re: Inquiry on Military Family Foreclosures - James Powell/MI
3/18/2011 12:39:37 PM (2669 views)
Re: Inquiry on Military Family Foreclosures - Jessica Talley/FL
3/18/2011 7:24:29 PM (2830 views)

Red Flag on Reverse Mortgages - Leigh Attridge/MA
3/12/2011 6:43:17 AM (3706 views)

More Loan Mod Options - Leigh Attridge/MA
3/12/2011 6:41:57 AM (3684 views)

Saying Goodbye To Unprofitable Customers - Patrick Scott/IL
3/11/2011 8:12:36 PM (3398 views)
Re: Saying Goodbye To Unprofitable Customers - Robert Franco/OH
3/12/2011 10:54:25 AM (3024 views)
Re: Saying Goodbye To Unprofitable Customers - Scott Perry/PA
3/12/2011 11:38:43 AM (3174 views)
Re: Saying Goodbye To Unprofitable Customers - Kevin Ahern/CT
3/12/2011 2:09:20 PM (3003 views)

The volume discount farce never works for the abstractor. It is one of the reasons I left abstracting for closings. The constant pressure for reduced abstracting fees....ridiculous turn around times...slow pay/no pay clients all made abstracting less attractive. The VM's rarely delivered on the volume...that is if you could get them to commit to a specific volume, but they always expected the discount. The only way it would work would be to charge the regular price at the beginning of the month and build in the discount on the abstracts at the end of the month to assure both the volume and the discount were there each month. ( Market price for the first 50% of the agreed volume, and discounted price for the second 50% of the agreed volume).Try and get them to agree to this though.

Since moving into closings I have had a few title companies approach me with the same tired approach. When I told them they would have to guaranty a certain amount of volume each month before the discount would kick in they became a little upset. They said they had no way of knowing in advance what their volume would be. I pointed out to them they were asking for a guaranty of a certain price without their corresponding ability to guaranty a certain volume....nothing but dead air on the other end of the phone. Told them That I would pass on their offer.

The signing agents over on Notary Rotary have discussed this quite often. Their position is that more volume does not guaranty more income unless their is a suitable profit margin after expenses are factored into the equation.

The rise in gasoline prices is actually helping to negotiate higher overall prices. Just quote your desired overall  fee...no break down of profit/expenses. If they come back with a counter offer...my response is that "I am not driving to the other side of the state for that price with gas at $3.75 a gallon." They seem to understand that. Once in a while they will try to find someone closer to the borrower's address, but if it is a last minute closing and their back is to the wall they often do not have the time and will pay the fee quoted to them.

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Re: Saying Goodbye To Unprofitable Customers - Bruce Murch/VA
3/13/2011 11:44:32 PM (2925 views)
Re: Saying Goodbye To Unprofitable Customers - F P/VA
3/15/2011 10:39:02 AM (2683 views)

Bathing Beauties 1905 - Leigh Attridge/MA
3/11/2011 6:10:30 PM (4109 views)
Re: Bathing Beauties 1905 - George Booth/OH
3/12/2011 9:36:43 AM (2600 views)

Jersey Shore 1910 - Leigh Attridge/MA
3/11/2011 7:38:53 AM (3889 views)
Re: Jersey Shore 1910 - monica froese/ME
3/11/2011 7:25:39 PM (2658 views)

B of A creating a "Bad Bank" - CHARLENE  PERRY/MD
3/10/2011 3:53:40 PM (3894 views)

Enough is enough - Leigh Attridge/MA
3/10/2011 10:17:52 AM (2664 views)


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