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Anyone know this company? - Serena Stout/VA
3/15/2011 3:36:55 PM (3438 views)
Re: Anyone know this company? - Jason Knowles/AL
3/16/2011 2:38:57 PM (3145 views)
Re: Anyone know this company? - Michael McNamara/OH
5/2/2011 3:05:45 PM (2721 views)
Re: Anyone know this company? - Bill Cummings/IL
5/15/2011 12:19:20 AM (2642 views)

Island moved - William Pattison /CA
3/15/2011 12:09:52 PM (3028 views)
Re: Island moved - Kevin Ahern/CT
3/15/2011 12:22:12 PM (2947 views)
Re: Island moved - William Pattison /CA
3/15/2011 1:21:13 PM (2945 views)
Re: Island moved - Steve Dennis/AK
3/15/2011 5:10:06 PM (3070 views)
Re: Island moved - CHARLENE  PERRY/MD
3/15/2011 7:30:41 PM (2947 views)

Before & after photos show land and development - William Pattison /CA
3/15/2011 11:23:08 AM (4256 views)
Re: Before & after photos show land and development - Barbara Bennett/IN
3/15/2011 1:00:09 PM (2954 views)
Re: Before & after photos show land and development - Janis Talbot/SC
3/21/2011 7:36:00 AM (2721 views)

getting burned - LEO POVEDA/CA
3/14/2011 4:45:03 PM (3178 views)
Re: getting burned - Kevin Ahern/CT
3/14/2011 6:22:30 PM (2993 views)
Re: getting burned - LEO POVEDA/CA
3/21/2011 2:13:53 PM (2838 views)
Re: getting burned - Leigh Attridge/MA
3/16/2011 6:54:27 PM (2887 views)
Re: getting burned - Janis Talbot/SC
3/21/2011 7:39:26 AM (2865 views)
Re: getting burned - LEO POVEDA/CA
3/21/2011 2:22:27 PM (2727 views)
Re: getting burned - LEO POVEDA/CA
3/21/2011 2:19:11 PM (2679 views)

Water, it's the word of the day - CHARLENE  PERRY/MD
3/14/2011 11:19:20 AM (2821 views)
Re: Water, it's the word of the day - William Pattison /CA
3/14/2011 12:20:34 PM (2803 views)
Re: Water, it's the word of the day - Scott Perry/PA
3/15/2011 4:22:04 PM (4816 views)




Vision Land Services - Diane O'Neill/MI
3/14/2011 10:32:21 AM (3029 views)
Re: Vision Land Services - Joyce Harper/OH
4/12/2011 3:08:20 PM (2597 views)

Zen Title Update - Anita Backlund/MN
3/13/2011 3:15:03 PM (4060 views)

Inquiry on Military Family Foreclosures - Leigh Attridge/MA
3/12/2011 6:45:32 AM (4207 views)
Re: Inquiry on Military Family Foreclosures - Angie  McKinnon/UT
3/14/2011 10:37:15 PM (3069 views)
Re: Inquiry on Military Family Foreclosures - Jessica Talley/FL
3/15/2011 9:25:58 AM (3023 views)
Re: Inquiry on Military Family Foreclosures - James Powell/MI
3/17/2011 9:35:44 AM (3013 views)
Re: Inquiry on Military Family Foreclosures - Jessica Talley/FL
3/17/2011 11:16:52 AM (3037 views)
Re: Inquiry on Military Family Foreclosures - James Powell/MI
3/18/2011 12:39:37 PM (3047 views)
Re: Inquiry on Military Family Foreclosures - Jessica Talley/FL
3/18/2011 7:24:29 PM (3194 views)

Red Flag on Reverse Mortgages - Leigh Attridge/MA
3/12/2011 6:43:17 AM (3845 views)

More Loan Mod Options - Leigh Attridge/MA
3/12/2011 6:41:57 AM (3840 views)

Saying Goodbye To Unprofitable Customers - Patrick Scott/IL
3/11/2011 8:12:36 PM (3575 views)
Re: Saying Goodbye To Unprofitable Customers - Robert Franco/OH
3/12/2011 10:54:25 AM (3437 views)
Re: Saying Goodbye To Unprofitable Customers - Scott Perry/PA
3/12/2011 11:38:43 AM (3573 views)
Re: Saying Goodbye To Unprofitable Customers - Kevin Ahern/CT
3/12/2011 2:09:20 PM (3426 views)

The volume discount farce never works for the abstractor. It is one of the reasons I left abstracting for closings. The constant pressure for reduced abstracting fees....ridiculous turn around times...slow pay/no pay clients all made abstracting less attractive. The VM's rarely delivered on the volume...that is if you could get them to commit to a specific volume, but they always expected the discount. The only way it would work would be to charge the regular price at the beginning of the month and build in the discount on the abstracts at the end of the month to assure both the volume and the discount were there each month. ( Market price for the first 50% of the agreed volume, and discounted price for the second 50% of the agreed volume).Try and get them to agree to this though.

Since moving into closings I have had a few title companies approach me with the same tired approach. When I told them they would have to guaranty a certain amount of volume each month before the discount would kick in they became a little upset. They said they had no way of knowing in advance what their volume would be. I pointed out to them they were asking for a guaranty of a certain price without their corresponding ability to guaranty a certain volume....nothing but dead air on the other end of the phone. Told them That I would pass on their offer.

The signing agents over on Notary Rotary have discussed this quite often. Their position is that more volume does not guaranty more income unless their is a suitable profit margin after expenses are factored into the equation.

The rise in gasoline prices is actually helping to negotiate higher overall prices. Just quote your desired overall  fee...no break down of profit/expenses. If they come back with a counter offer...my response is that "I am not driving to the other side of the state for that price with gas at $3.75 a gallon." They seem to understand that. Once in a while they will try to find someone closer to the borrower's address, but if it is a last minute closing and their back is to the wall they often do not have the time and will pay the fee quoted to them.

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Re: Saying Goodbye To Unprofitable Customers - Bruce Murch/VA
3/13/2011 11:44:32 PM (3336 views)
Re: Saying Goodbye To Unprofitable Customers - F P/VA
3/15/2011 10:39:02 AM (3073 views)

Bathing Beauties 1905 - Leigh Attridge/MA
3/11/2011 6:10:30 PM (4359 views)
Re: Bathing Beauties 1905 - George Booth/OH
3/12/2011 9:36:43 AM (2964 views)

Jersey Shore 1910 - Leigh Attridge/MA
3/11/2011 7:38:53 AM (4173 views)
Re: Jersey Shore 1910 - monica froese/ME
3/11/2011 7:25:39 PM (3043 views)

B of A creating a "Bad Bank" - CHARLENE  PERRY/MD
3/10/2011 3:53:40 PM (4052 views)

Enough is enough - Leigh Attridge/MA
3/10/2011 10:17:52 AM (2773 views)


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