AIP - Norman Spencer
NAILTA
Register
Log In
Forget your Password?

Home
Directory
Bulletins
Forums
Blogs
Articles
Links
Classifieds
About Us
Contact Us
Advertise
FAQ
Privacy Policy


Discussion
<< get older messagesget newer messages >>
to post a message: login - or - register | search messages | show all replies



[+] Title Group LLC - Amy Johnson/MS (1 reply)
9/13/2018 12:14:01 PM (1348 views)

[+] Certified Abstractor? - F P/VA (1 reply)
9/10/2018 3:07:39 PM (1496 views)

[+] Punctual Abstract - Sherry Greene/MI (9 replies)
9/8/2018 4:31:32 PM (2035 views)

[+] SLK GLOBAL - Michael Rosing/IL (6 replies)
9/7/2018 10:59:54 AM (1593 views)

COMMFORCE - LEO POVEDA/CA
9/7/2018 9:52:10 AM (889 views)


Real Title Services
AccuSearch Company


Alignable, The Small Business Network - Ted Williamson/TX
8/28/2018 6:09:36 PM (872 views)

[+] Indus Abstract Services, LLC - Karen Knuth/NY (12 replies)
8/28/2018 2:26:24 PM (2779 views)

[+] Could this be the beginning of the end for Abstractors? - Jay Duncan/MO (7 replies)
8/27/2018 10:05:43 AM (2858 views)

[+] Solidifi - Helene Gonzalez/GA (5 replies)
8/27/2018 12:01:53 AM (2009 views)

[+] SLK nonpayer - Thomas Germain/CT (7 replies)
8/21/2018 6:26:31 PM (1431 views)

[+] Anybody heard of Vdorite Services, LLC - Matthew DeZwarte/WI (2 replies)
8/20/2018 10:43:41 PM (1357 views)

[+] HUD and Facebook - Randi Erickson/MN (1 reply)
8/19/2018 2:43:52 PM (1645 views)

[-] In-House? Outsourced? Out of Luck. - F P/VA (12 replies)
8/19/2018 1:22:41 AM (2060 views)

So I've been looking for a job, and it's been frustrating. We all know over the last few years vendor management companies have outsourced their title work to India. This caused freelancers who worked with them to have less work, but still receive work from other industry servicers.  But this year with rising interest rates, borrowers are just not borrowing and home sales are moving sideways, causing all related servicing companies to slow down even more. I see that not only vendor management companies, but also title agencies, law firms and land services companies are forgoing the use of freelancers and outsourcers, and instead hiring in-house abstractors.  So I thought, I'll just go back in-house. Ha. Not happening.  Several job offers state the "abstractor" job consists of doing the search, preparing the report, reviewing, title clearing, policy typing and closings, in their office (no working from home) all for $12.00 an hour, which is $24,960 a year, which is $8,000 a year less then I made in 1992 as an in-house abstractor that did not do title review, title clearing, policy typing or closings. What?!?   I must be missing something. I know times are tough but I'm a little surprised that the in-house salary for this job plus added responsibilities is less now then in 1992.  Don't get me wrong, I would do all the extra work, but I expect to be paid accordingly. I just don't get it.

Now I know some of you are all "I've got plenty of work". And if you do I'm happy for you and I hope you stay busy. Sincerely.  But look at the directory of this site.  Look at how many have bad info.  I know most of them (with bad info) are out of business, although a few changed their company name and left the old name on there, most have moved on to other jobs. The last time I ranted about work some abstractors told me they were soo busy.  But as I job hunt, I see their resumes on LinkedIn, showing their new job because they left the business (because they were soo busy?)  As abstractors leave for other jobs, those of us left behind might get some of their work, but is it enough to stay in business?   There's too many companies still looking to hire in-house abstractors/examiners.  So once again I've sat up late at night at my desk, eating too many peanut butter M&M's, looking at jobs websites and uselessly ranting on SOT.  Ugh, put down the M&M's and no one gets hurt ; )
 

to post a reply: login - or - register


Re: In-House? Outsourced? Out of Luck. - Garret  Fitzgerald/VA
8/20/2018 6:19:17 PM (1120 views)
Re: In-House? Outsourced? Out of Luck. - F P/VA
8/21/2018 5:23:35 PM (983 views)
Re: In-House? Outsourced? Out of Luck. - Garret  Fitzgerald/VA
8/21/2018 6:28:49 PM (898 views)
Re: In-House? Outsourced? Out of Luck. - Lisa Ramsey/TX
8/21/2018 12:37:38 PM (908 views)
Re: In-House? Outsourced? Out of Luck. - David Bloys/TX
8/21/2018 2:08:36 PM (890 views)
Re: In-House? Outsourced? Out of Luck. - F P/VA
8/21/2018 5:15:52 PM (895 views)
Re: In-House? Outsourced? Out of Luck. - William Duncan/NC
8/29/2018 6:26:11 PM (797 views)
Re: In-House? Outsourced? Out of Luck. - F P/VA
8/30/2018 10:54:55 AM (766 views)
Re: In-House? Outsourced? Out of Luck. - Heather St Amant/LA
9/4/2018 12:04:49 PM (790 views)
Re: In-House? Outsourced? Out of Luck. - WAYNE QUICK/NC
9/10/2018 10:49:14 AM (595 views)
Re: In-House? Outsourced? Out of Luck. - Heather St Amant/LA
9/10/2018 11:07:05 AM (650 views)
Re: In-House? Outsourced? Out of Luck. - WAYNE QUICK/NC
9/10/2018 11:43:56 AM (644 views)

[+] Attorney States - Billie Athanas/PA (8 replies)
8/15/2018 3:39:05 PM (1437 views)

Rockedge - Lucille Femine/TN
8/15/2018 1:49:06 PM (804 views)


<< get older messagesget newer messages >>

DISCLAIMER: These Message Forums are un-moderated and Source of Title does not endorse the content of any of the posts. Source of Title discourages libelous comments and you, as the sole creator of the content, take full responsibility for your remarks.
Redvision (DataTrace)
Directory

The Source of Title Business directory has 8757 listed companies.

Leave feedback on a company:
SOT ID #:  learn more...
DRN Title Search
Blogs

Read other users' blogs-- or start your own!

Most Recent Blog Posts:

How You Can Conduct a Closing in Your Office
Michele Blanco's Blog
2020/05/11
0 comments

Only allowing e-recording could be a BIG problem for us
Jeanine Johnson's Blog
2020/03/23
4 comments

Hennepin County MN Only Accepting Electronic Documents at this time
Jeanine Johnson's Blog
2020/03/16
0 comments

TitlePac
Articles

Source of Title articles help to keep you informed on the state of the title industry.

Strong Majority of Realtors® Say Market Is in Recovery Phase of Pandemic as Buyers Return
After enduring months of setbacks brought on by the coronavirus pandemic, a new survey from the National Association of ...
NAR Applauds Numerous Championed Provisions in THUD Appropriations Bill
The National Association of Realtors® applauded the House Appropriations Subcommittee on Transportation, Housing an...
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 2.2 percent from one week earlier,according to data from the Mortgage Bankers Associatio...
MISMO® Certifies First Two Remote Online Notary Products
MISMO®, the mortgage industry's standards organization, today announced that eNotaryLog and Notarize are the first ...
NotaryCam CEO Rick Triola Praises ALTA, MBA and NAR for Issuing Model RON Executive Order
NotaryCam®Founder and CEO Rick Triola today hailed the efforts of the American Land Title Association (ALTA), Mortg...

Search Articles:
browse...

Classifieds

Buy, sell, or trade! Browse the ads or post your own!

Title Abstractor
July 01 2020
Hello, my name is Johanna Malki, I have been in this business 20+ years, I carry E & O insurance and work in Florida. I have worked for many title companies in the past and present. Looking for someone who will appreciate
years of experience. pl...[more info]


email
© 2020, Source of Title.