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[+] Title Companies - Patricia Mahar/NY (1 reply)
10/24/2012 7:43:26 AM (2621 views)

Farmland Boom - Leigh Attridge/MA
10/23/2012 4:40:19 PM (3186 views)

[+] Way, way, way off topic... - Leigh Attridge/MA (5 replies)
10/22/2012 8:56:48 PM (4007 views)

Recovered History: Wall Street-Funded Self Help Propaganda Greased the RE Bubble - Leigh Attridge/MA
10/22/2012 8:43:40 AM (3190 views)

[-] Searches for only $2.50 per hour! - Nils Nelson/ME (14 replies)
10/21/2012 1:27:30 PM (4793 views)
Re: Searches for only $2.50 per hour! - David Bloys/TX
10/21/2012 5:10:42 PM (3085 views)
Re: Searches for only $2.50 per hour! - Paula Reynolds/FL
10/22/2012 10:48:43 AM (3037 views)
Re: Searches for only $2.50 per hour! - David Bloys/TX
10/22/2012 11:02:56 AM (2953 views)
Re: Searches for only $2.50 per hour! - Alix Ott/MI
10/22/2012 8:22:21 AM (3084 views)
Re: Searches for only $2.50 per hour! - Constance Foye/VA
10/22/2012 8:46:44 AM (2899 views)
Re: Searches for only $2.50 per hour! - David Bloys/TX
10/22/2012 9:40:47 AM (5515 views)
Re: Searches for only $2.50 per hour! - Leigh Attridge/MA
10/22/2012 9:24:43 AM (2856 views)

Most, if not all, Mass RODs are online & have been for quite a while.  I know that Essex South stopped printing books around 2006. 

For years & years I did equity line searches for local attorneys, who represented local banks.  When online searching became more standardized & easier to use, my business disappeared.  One of the attorneys I did title work for told me that the  banks' bean counters decided that an occasional title claim, balanced against my reasonable fee & his reasonable fee, outweighed the banks' fear of taking a loss.  He also told me that local banks were in savage competition for equity line business & that, to them, every penny counted; thus I could expect to never see that work come back to me &, as it turned out, he was completely correct. 

First, the work went to American companies who could do online searches; then, when it became obvious to everyone that the cost of living was cheaper in India, & salary requirements were therefore lower, the companies that had American worker bees, dropped them & outsourced to a cheaper source of supply.  It's exactly the same concept as  is utlized by Walmart, Target & such.  Goods & services come from the cheapest available source.  It doesn't mean that the work is any good - just that it's very cheap. 

There is absolutely nothing we examiners can do about this phenomenon. 

I started refusing to do any work for Indian companies.  I have been approached by a couple of them; did some work; got tired of the aggravation of working for people who didn't speak English very well & who didn't speak "real estate" at all & kicked them to the curb.  I also realized fairly quickly that they were using my work as a training tool for their employees; & that I was being handed the crap titles that they couldn't do online, or titles that they had no clue how to complete.  My income is down because of my decision, but short term losses, are my gains I believe, in the long run.  I offer terrific service at a reasonable price & I am a local yokel who knows all the ins & outs of the Registries I cover.  Honestly, I can't even imagine any of my clients utilizing some joker who's willing to work for peanuts but who may or may not be there or even in business in ten years, when the claims come due.  Cheap junk is cheap junk & you get what you pay for.

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Re: Searches for only $2.50 per hour! - Leigh Attridge/MA
10/22/2012 9:24:48 AM (2946 views)
Re: Searches for only $2.50 per hour! - Alix Ott/MI
10/22/2012 9:40:07 AM (3014 views)
Re: Searches for only $2.50 per hour! - K C/NJ
10/23/2012 12:55:20 PM (2817 views)
Re: Searches for only $2.50 per hour! - A Mullins/SC
10/22/2012 10:30:23 AM (2865 views)
Re: Searches for only $2.50 per hour! - Robert Franco/OH
10/22/2012 12:54:01 PM (2912 views)
Re: Searches for only $2.50 per hour! - A Mullins/SC
10/22/2012 8:11:41 PM (2851 views)
Re: Searches for only $2.50 per hour! - charles jetter/OH
10/27/2012 10:05:51 AM (2725 views)




[+] Obama Expands Plans to Tax Internet - David Bloys/TX (8 replies)
10/18/2012 10:40:08 PM (4056 views)

[+] Abstractors Network Solutions-Heard of them? - Crystal Hernandez/OH (1 reply)
10/18/2012 2:37:28 PM (3296 views)

[+] Housing Prices & Income Inequality - Leigh Attridge/MA (1 reply)
10/18/2012 1:11:37 PM (3764 views)

Marketing to Realtors - CHARLENE  PERRY/MD
10/18/2012 11:35:40 AM (1670 views)

94 Million People Exposed to Identity Fraud By Government Record Keepers - David Bloys/TX
10/17/2012 9:30:53 PM (3157 views)

Home Loans from Washington?? - Leigh Attridge/MA
10/17/2012 6:01:15 PM (3080 views)

[+] Lumar - they dont have any $ - Jason Knowles/AL (13 replies)
10/17/2012 4:57:49 PM (2561 views)

[+] AFX, llc - HOPE DEZERN/SC (3 replies)
10/16/2012 3:32:52 PM (2870 views)

[+] Comment on "ALTA Releases Best Practices to Protect Consumers and Clients, Ensure Quality Service" - Source of Title/OH (1 reply)
10/16/2012 12:57:36 PM (2087 views)

[+] Our Industry and No payment - Regina  Engebritson/MN (9 replies)
10/16/2012 11:27:52 AM (2491 views)


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