I too just lost a major client over the fee. E&O costs anywhere from $2500 to $3000. This guy has to do 100 searches at $30 a pop, just to pay E&O not to mention gas,self-employment taxes and etc. Unless he is load and is using the Walmart tactic to run everyone and than pop up his prices. I can't buy the liability for $200000 to 500000 for $30.00 not worth it. Greed is alive and working well in this industry especially when I see the fees these companies are charging to refinance people. They make up to $4000 to $8000 and you buy the liability for $30, really?
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