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to post a message: login - or - register | search messages | hide all replies



Why won't they talk to me? - Paula Reynolds/FL
6/8/2011 3:29:46 PM (2374 views)

If you owe money ... - Dan Zook/NY
6/8/2011 10:42:51 AM (2865 views)
Re: If you owe money ... - Robert Franco/OH
6/8/2011 11:19:02 AM (3092 views)
Re: If you owe money ... - Jessica Talley/FL
6/8/2011 5:34:03 PM (3033 views)
Re: If you owe money ... - Kym
6/9/2011 3:12:52 PM (2838 views)

Essex South ROD Robo Rejection Letter - Leigh Attridge/MA
6/7/2011 1:24:07 PM (3615 views)
Re: Essex South ROD Robo Rejection Letter - Jessica Talley/FL
6/7/2011 2:19:35 PM (2906 views)
Re: Essex South ROD Robo Rejection Letter - CHARLENE  PERRY/MD
6/7/2011 5:04:16 PM (3037 views)
Re: Essex South ROD Robo Rejection Letter - Edward Huguenin/SC
6/8/2011 8:02:53 AM (3075 views)
Re: Essex South ROD Robo Rejection Letter - Jessica Talley/FL
6/8/2011 5:36:07 PM (3063 views)
Re: Essex South ROD Robo Rejection Letter - CHARLENE  PERRY/MD
6/8/2011 8:01:50 PM (2955 views)
Re: Essex South ROD Robo Rejection Letter - Jeffrey Land/NJ
6/13/2011 10:29:36 AM (2765 views)
Re: Essex South ROD Robo Rejection Letter - Leigh Attridge/MA
6/13/2011 2:17:53 PM (2831 views)
Re: Essex South ROD Robo Rejection Letter - Robert Franco/OH
6/14/2011 10:00:46 AM (2639 views)

Urban Settlement - Catherine Jackson/NC
6/7/2011 7:29:16 AM (2763 views)
Re: Urban Settlement - Carl Krueger/RI
6/8/2011 3:36:57 PM (2869 views)
Re: Urban Settlement - Kym/NJ
6/9/2011 4:22:20 PM (3009 views)
Re: Urban Settlement - TLA/PA
7/18/2011 7:36:35 PM (2686 views)

Bank of America Gets Pad Locked After Homeowner Forecloses On It - Edward Huguenin/SC
6/5/2011 2:22:12 AM (3722 views)
Re: Bank of America Gets Pad Locked After Homeowner Forecloses On It - Jessica Talley/FL
6/5/2011 7:50:14 PM (3011 views)
Re: Bank of America Gets Pad Locked After Homeowner Forecloses On It - Abstractor/GA
6/5/2011 9:05:18 PM (2973 views)
Re: Bank of America Gets Pad Locked After Homeowner Forecloses On It - Jessica Talley/FL
6/6/2011 7:20:53 AM (2865 views)
Re: Bank of America Gets Pad Locked After Homeowner Forecloses On It - Ron McPherson/IA
6/6/2011 5:37:19 PM (2838 views)
Re: Bank of America Gets Pad Locked After Homeowner Forecloses On It - Jessica Talley/FL
6/7/2011 5:50:22 AM (2804 views)




FOX & SPADER A/K/A FS ENTERPRISES A/K/A RISK MANAGEMENT SOLUTIONS - Paul /FL
6/4/2011 8:15:00 PM (2991 views)
Re: FOX & SPADER A/K/A FS ENTERPRISES A/K/A RISK MANAGEMENT SOLUTIONS - Rita Killary/NY
6/6/2011 9:28:58 AM (2996 views)
Re: FOX & SPADER A/K/A FS ENTERPRISES A/K/A RISK MANAGEMENT SOLUTIONS - Sandra Smith/FL
6/6/2011 9:45:52 AM (2966 views)

7 years ??? - monica froese/ME
6/3/2011 7:18:48 PM (2913 views)
Re: 7 years ??? - Ron McPherson/IA
6/3/2011 9:22:37 PM (3004 views)
Re: 7 years ??? - Robert Franco/OH
6/4/2011 12:10:50 PM (3088 views)

Thanks Rob at Watchdog - Nils Nelson/ME
6/2/2011 4:46:51 PM (2375 views)

I don't get it - Nils Nelson/ME
6/2/2011 4:16:10 PM (2935 views)
Re: I don't get it - William Pattison /CA
6/6/2011 11:20:31 PM (2694 views)

These "vendor firms" are a study in how a domestic market pushes back against off-shoring competition, as well as an interesting experiment in modern digital communcation.

I've encountered many problems with them:

1.  Contradictory terms in their service contracts that nobody seems able to fix (the send them out through low level managers who have no authority to modify or negotiate the contract).

2.  Their fixed pricing is too high to compete with $6 in India, but too low to pay a reasonable rate for what they expect of the abstractor, often not paying for county copy costs and asking for 50-year searches for pennies on the dollar.

3.  Many do not understand the distinction between an independent contractor, an employee and ordering a set report product from another business, including the copyright issues that can come with each of those different classifications.

4.  Some of them have taken the same vendor contract and reused it with the company name changed.   The original had spelling and grammar errors, not to mention poorly written terms that are either unenforcable, outside the bounds of good standards and practices for our industry, or simply unintelligible as to their intent.  Some of the provisions put a burden on the abstractor that is harsh;   no payment without a pile of checks with no counter-checks in place for the abstractor's peace of mind.

5.  These contracts create a lowest common denominator for service.  Added bonus materials that I'll put into any report for a client at no added cost in time or money would be omitted from such vendor packages due to the liability in confusion that we've often run into with their sometimes poorly educated staff.  Too much hassle and headache to deal with this sort of drama.

 

I recommend rejecting these vendor proposals, raising  your rates, pounding the pavement harder and over a wider range of geographic territoriy and product offerings and referring people to other abstractors from SOT when a request falls outside your ability.  It's what we do and we are not bound by weird non-compete, non-disclose terms or nonpaying vendor firms. 

Capitalism is marked by competion, not cooperation.

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Comment on "It Sometimes Pays to Check a Map" - Source of Title/OH
6/2/2011 1:07:35 PM (2673 views)
Importance of correct filings - Jeanine Johnson/MN
6/2/2011 1:07:35 PM (2736 views)
Re: Importance of correct filings - William Pattison /CA
6/6/2011 11:23:17 PM (2736 views)

Accurate Group - Sandra Harold/KS
6/2/2011 9:28:47 AM (3985 views)
Re: Accurate Group - Angela Miller/WI
6/2/2011 9:39:47 AM (3902 views)
Re: Accurate Group - Chris/AK
6/2/2011 2:27:49 PM (3606 views)
Re: Accurate Group - Ron McPherson/IA
6/2/2011 9:51:50 PM (3460 views)
Re: Accurate Group - Dan Zook/NY
6/3/2011 10:45:27 AM (3488 views)
Re: Accurate Group - Garret  Fitzgerald/VA
6/6/2011 4:07:23 PM (2974 views)
Re: Accurate Group - Ron McPherson/IA
6/6/2011 5:32:26 PM (3048 views)
Re: Accurate Group - T/PA
7/18/2011 7:48:24 PM (3093 views)
Re: Accurate Group - Chris Byron/NC
8/3/2011 11:55:21 AM (3133 views)
Re: Accurate Group - K C/NJ
4/15/2013 12:26:12 PM (1976 views)

National Settlement Services & Compliance Summit - CHARLENE  PERRY/MD
6/1/2011 2:54:31 PM (2380 views)

"Renter Nation? - Give Me a Break" - Leigh Attridge/MA
6/1/2011 1:59:41 PM (2860 views)

ROBO SIGNING NOT THE ONLY ISSUE -CHECK OUT THIS SHOW CAUSE ORDER - CHARLENE  PERRY/MD
6/1/2011 12:20:44 PM (2234 views)

ROBO SIGNING NOT THE ONLY ISSUE -CHECK OUT THIS SHOW CAUSE ORDER - CHARLENE  PERRY/MD
6/1/2011 12:18:38 PM (2466 views)


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