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POSTING RE: BAD PAYS/ETC - Heidi Gemeling/FL
10/3/2015 7:25:36 PM (2130 views)

[+] SATISFYING A MORTGAGE AND THEN RE-RECORDING IT TO CORRECT - Heidi Gemeling/FL (2 replies)
10/3/2015 6:51:07 PM (2196 views)

[-] Copy fees, etc. - Marian Severance/PA (47 replies)
10/1/2015 8:59:18 PM (3363 views)
Re: Copy fees, etc. - george Hubka/MI
10/1/2015 9:08:32 PM (2311 views)
Re: Copy fees, etc. - Marian Severance/PA
10/1/2015 11:28:17 PM (2231 views)
Re: Copy fees, etc. - Michael Madden/RI
10/2/2015 10:50:36 AM (2184 views)
Re: Copy fees, etc. - Robert Franco/OH
10/2/2015 1:33:54 PM (2154 views)
Re: Copy fees, etc. - Michael Madden/RI
10/2/2015 2:32:10 PM (2155 views)
Re: Copy fees, etc. - Jay Duncan/MO
10/2/2015 5:12:37 PM (2214 views)
Re: Copy fees, etc. - Michael Madden/RI
10/4/2015 8:15:15 AM (2037 views)
Re: Copy fees, etc. - Lynda Cooke/VA
10/4/2015 9:14:28 AM (2077 views)

Mr. Madden’s ignorance of the job is showing. He knows not of what he speaks. His conception is far from reality, or good practice.

His suggestion to add the cost of producing more than customary copies to the search fee would be truly deceptive. If you are seeking a truly itemized bill, confusing examination fees with copy production costs IS deceptive. The search costs are X. Its X all day long, every day for that category of work. The fact that the client wants “ADDITIONAL” billable services doesn’t belong in the search fee. Not on a residential order. 

You want to explain to a HUD investigator why you charge customer “A” $15 more for a current owner than you do customer “B”? Watch his eyes roll when you say it’s because you know customer “A” always wants extra copies. That it’s just “assumed”. Good luck with that.  Even worse is an across the board increase charging customer A and B the higher costs when only customer A is generating the extra work. Hope you enjoy your baloney sandwich while you spend some time in the Federal system thinking about it. 

 Most of us are independent contractors. Our true product is our time and expertise. It’s called billable hours. There are only so many hours in a day. We have to use them wisely. We have overhead costs to cover before we make the first nickel in income. Too much uncompensated time can wreak your week if you let it. 

It would be interesting to know if Mr. Madden’s employer shows the price they paid for the search and what the client will pay in mark up for the “value added” they brought to the product separately so that their clients have full knowledge of who did what for what amount of compensation . Hmmmm? Don’t think so. And if they don’t, why not? It’s a far better illustration of the term deceptive pricing. 

In my neck of the woods it’s customary to charge only the pass through copy price for residential work. Yes; we are a dumb lot in that regard. It’s just how the practice evolved. Examiners get the raw end of the deal. 

Commercial work is a different animal in that it’s billed by the hour. The bill is for hours worked rather than search type. Pass throughs are billed as separate line items. The time to gather, make and assemble copies and put them into useable form is counted in the total hours billed. I’ve had more than a few cases where the time spent on copies, and their costs to assemble, exceeded the time spent actually examining the title. At least I’m compensated for the time spent to bring the whole requested product to the table. 

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Re: Copy fees, etc. - David Bloys/TX
10/4/2015 10:18:58 AM (2002 views)
Re: Copy fees, etc. - WAYNE QUICK/NC
10/5/2015 8:31:17 AM (1897 views)
Re: Copy fees, etc. - Scott Perry/PA
10/3/2015 3:57:45 PM (2029 views)
Re: Copy fees, etc. - Michael Madden/RI
10/4/2015 8:12:52 AM (1891 views)
Re: Copy fees, etc. - Constance Foye/VA
10/5/2015 9:56:16 AM (1892 views)
Re: Copy fees, etc. - Michael Madden/RI
10/4/2015 8:12:55 AM (1874 views)
Re: Copy fees, etc. - Rita Killary/NY
10/4/2015 9:43:24 AM (2000 views)
Re: Copy fees, etc. - Scott Perry/PA
10/4/2015 12:40:56 PM (2012 views)
Re: Copy fees, etc. - Lu Rivera/PA
2/21/2016 11:28:13 PM (1336 views)
Re: Copy fees, etc. - Lu Rivera/PA
2/21/2016 11:28:18 PM (1438 views)
Re: Copy fees, etc. - Michael Madden/RI
2/22/2016 5:17:00 PM (1391 views)
Re: Copy fees, etc. - David Bloys/TX
10/4/2015 12:11:53 PM (4579 views)
Re: Copy fees, etc. - David Bloys/TX
10/2/2015 8:00:04 PM (1955 views)
Re: Copy fees, etc. - Joyce Obrien/PA
10/2/2015 10:49:46 PM (1898 views)
Re: Copy fees, etc. - Marian Severance/PA
10/4/2015 7:45:01 PM (1841 views)
Re: Copy fees, etc. - george Hubka/MI
10/5/2015 9:11:30 AM (1699 views)
Re: Copy fees, etc. - Robert Franco/OH
10/5/2015 9:25:42 AM (1780 views)
Re: Copy fees, etc. - Jean Lurtsema/AK
10/15/2015 12:05:46 PM (1798 views)
Re: Copy fees, etc. - REBECCA RIZZONELLI/PA
12/21/2015 1:24:11 PM (1503 views)
Re: Copy fees, etc. - Allen Bruce/OH
2/13/2016 6:17:23 PM (1427 views)
Re: Copy fees, etc. - WAYNE QUICK/NC
10/5/2015 8:23:37 AM (1724 views)
Re: Copy fees, etc. - Bruce Lutz/PA
12/14/2015 3:19:24 PM (1547 views)
Re: Copy fees, etc. - Serena Stout/VA
10/5/2015 10:25:53 AM (1818 views)
Re: Copy fees, etc. - george Hubka/MI
10/5/2015 12:57:18 PM (1801 views)
Re: Copy fees, etc. - Serena Stout/VA
10/5/2015 1:09:03 PM (1876 views)
Re: Copy fees, etc. - Lu Rivera/PA
10/5/2015 4:27:57 PM (1725 views)
Re: Copy fees, etc. - Marian Severance/PA
10/5/2015 6:44:45 PM (1692 views)
Re: Copy fees, etc. - Aaron Thorpe/NY
10/5/2015 4:37:50 PM (1821 views)
Re: Copy fees, etc. - Mark Rasnick/OH
10/6/2015 9:51:16 AM (1779 views)
Re: Copy fees, etc. - David  Umphenour/MO
10/5/2015 5:06:46 PM (1689 views)
Re: Copy fees, etc. - Randi Erickson/MN
10/6/2015 10:24:47 AM (1793 views)
Re: Copy fees, etc. - Marian Severance/PA
10/7/2015 7:59:05 AM (1778 views)
Re: Copy fees, etc. - Leigh Attridge/MA
10/8/2015 8:08:29 AM (1930 views)
Re: Copy fees, etc. - Allen Bruce/OH
1/25/2016 12:11:14 PM (1368 views)
Re: Copy fees, etc. - Marian Severance/PA
1/25/2016 5:45:07 PM (1337 views)
Re: Copy fees, etc. - Allen Bruce/OH
1/25/2016 6:08:58 PM (1241 views)
Re: Copy fees, etc. - Marian Severance/PA
1/25/2016 8:28:42 PM (1312 views)
Re: Copy fees, etc. - Allen Bruce/OH
1/25/2016 6:14:15 PM (1328 views)
Re: Copy fees, etc. - REBECCA RIZZONELLI/PA
2/15/2016 11:25:44 AM (1272 views)

[+] CLS Direct, Inc. (aka) - Wayne Brown/VA (5 replies)
9/30/2015 12:37:22 PM (2495 views)

[+] TRID and the encryption issues - Alix Ott/MI (5 replies)
9/30/2015 11:43:00 AM (2148 views)


Real Title Services


[+] Atlantic Title Abstract ??? - M Adams/KY (1 reply)
9/29/2015 10:58:04 AM (2104 views)

[+] You Have Got To Be Kidding - Please Read - Kenneth Signor/SC (20 replies)
9/28/2015 7:01:30 PM (4402 views)

[+] Foreclosure on an affordable unit - what a mess - Leigh Attridge/MA (2 replies)
9/28/2015 6:52:04 PM (2012 views)

[+] String Information Services - jess barker/IL (2 replies)
9/28/2015 4:50:09 PM (2372 views)

[+] Capstone Title Services LLC - KAREN ROBERTS/PA (29 replies)
9/28/2015 9:13:34 AM (3282 views)

[+] MERS in Court - Lisa Ramsey/TX (1 reply)
9/26/2015 8:12:44 PM (2066 views)

Not getting paid by offshore co's. - Randi Erickson/MN
9/25/2015 6:24:12 PM (3734 views)

[+] KonkaSoft, LLC ???? - Brandy Cook/VA (10 replies)
9/25/2015 11:16:25 AM (5007 views)

[+] USA-TITLE(Loosing clients from unkown postings) - Murphy Alex/NJ (5 replies)
9/22/2015 11:20:22 PM (2838 views)

[+] usa-title(universal search american title llc) - David Thomas/NJ (1 reply)
9/22/2015 11:15:51 PM (2614 views)


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