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Red Flag on Reverse Mortgages - Leigh Attridge/MA
3/12/2011 6:43:17 AM (3957 views)

More Loan Mod Options - Leigh Attridge/MA
3/12/2011 6:41:57 AM (3945 views)

Saying Goodbye To Unprofitable Customers - Patrick Scott/IL
3/11/2011 8:12:36 PM (3695 views)
Re: Saying Goodbye To Unprofitable Customers - Robert Franco/OH
3/12/2011 10:54:25 AM (3762 views)
Re: Saying Goodbye To Unprofitable Customers - Scott Perry/PA
3/12/2011 11:38:43 AM (3866 views)
Re: Saying Goodbye To Unprofitable Customers - Kevin Ahern/CT
3/12/2011 2:09:20 PM (3768 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 (3667 views)
Re: Saying Goodbye To Unprofitable Customers - F P/VA
3/15/2011 10:39:02 AM (3360 views)

Bathing Beauties 1905 - Leigh Attridge/MA
3/11/2011 6:10:30 PM (4610 views)
Re: Bathing Beauties 1905 - George Booth/OH
3/12/2011 9:36:43 AM (3287 views)

Jersey Shore 1910 - Leigh Attridge/MA
3/11/2011 7:38:53 AM (4496 views)
Re: Jersey Shore 1910 - monica froese/ME
3/11/2011 7:25:39 PM (3365 views)


Real Title Services


B of A creating a "Bad Bank" - CHARLENE  PERRY/MD
3/10/2011 3:53:40 PM (4186 views)

Enough is enough - Leigh Attridge/MA
3/10/2011 10:17:52 AM (2883 views)

Direct Title Solutions - Deceiving Vendors - Bruce Murch/VA
3/8/2011 7:05:26 PM (8969 views)
Re: Direct Title Solutions - Deceiving Vendors - Sheila Sten/PA
3/8/2011 8:12:17 PM (4287 views)
Re: Direct Title Solutions - Deceiving Vendors - Leigh Attridge/MA
3/8/2011 9:33:11 PM (4404 views)
Re: Direct Title Solutions - Deceiving Vendors - Bruce Murch/VA
3/10/2011 6:53:52 AM (3896 views)
Re: Direct Title Solutions - Deceiving Vendors - Leigh Attridge/MA
3/10/2011 7:51:51 AM (3978 views)
Re: Direct Title Solutions - Deceiving Vendors - Beverly Murch/VA
3/13/2011 11:50:42 PM (3900 views)
Re: Direct Title Solutions - Deceiving Vendors - J Nisonger/CA
3/14/2011 9:40:59 AM (3716 views)
Re: Direct Title Solutions - Deceiving Vendors - john rutledge/VA
3/14/2011 10:28:06 AM (3828 views)
Re: Direct Title Solutions - Deceiving Vendors - Bruce Murch/VA
3/15/2011 9:30:21 AM (3795 views)
Re: Direct Title Solutions - Deceiving Vendors - F P/VA
3/15/2011 10:08:44 AM (3783 views)
Re: Direct Title Solutions - Deceiving Vendors - C/VA
3/23/2011 4:53:12 PM (3732 views)
Re: Direct Title Solutions - Deceiving Vendors - Beverly Murch/VA
3/30/2011 10:53:55 AM (3585 views)
Re: Direct Title Solutions - Deceiving Vendors - Bruce Murch/VA
3/30/2011 11:23:19 AM (3538 views)

Stern's firm is DONE! - CHARLENE  PERRY/MD
3/7/2011 8:37:37 PM (5344 views)
Re: Stern's firm is DONE! - Leigh Attridge/MA
3/8/2011 8:36:54 AM (3505 views)
Re: Stern's firm is DONE! - George Booth/OH
3/8/2011 10:35:13 AM (3522 views)
Re: Stern's firm is DONE! - Leigh Attridge/MA
3/8/2011 11:59:34 AM (3525 views)
Re: Stern's firm is DONE! - Robert Franco/OH
3/8/2011 12:10:09 PM (3557 views)
Re: Stern's firm is DONE! - CHARLENE  PERRY/MD
3/8/2011 2:54:03 PM (3630 views)
Re: Stern's firm is DONE! - Jessica Talley/FL
3/8/2011 4:28:58 PM (3661 views)
Re: Stern's firm is DONE! - George Booth/OH
3/9/2011 7:49:11 AM (3427 views)
Re: Stern's firm is DONE! - Leigh Attridge/MA
3/9/2011 9:47:29 AM (3568 views)
Re: Stern's firm is DONE! - Kevin Ahern/CT
3/9/2011 10:54:38 AM (3602 views)
Re: Stern's firm is DONE! - Jessica Talley/FL
3/9/2011 11:41:43 AM (3648 views)
Re: Stern's firm is DONE! - George Booth/OH
3/10/2011 10:45:43 AM (3361 views)
Re: Stern's firm is DONE! - George Booth/OH
3/10/2011 10:41:28 AM (3379 views)
Re: Stern's firm is DONE! - Robert Franco/OH
3/10/2011 11:52:29 AM (3333 views)
Re: Stern's firm is DONE! - Leigh Attridge/MA
3/10/2011 8:40:01 PM (3502 views)
Re: Stern's firm is DONE! - George Booth/OH
3/11/2011 11:29:28 AM (3365 views)
Re: Stern's firm is DONE! - Robert Franco/OH
3/11/2011 12:52:11 PM (3396 views)
Re: Stern's firm is DONE! - George Booth/OH
3/12/2011 9:33:30 AM (3326 views)
Re: Stern's firm is DONE! - Robert Franco/OH
3/9/2011 1:08:19 PM (3490 views)
Re: Stern's firm is DONE! - George Booth/OH
3/10/2011 10:42:28 AM (3448 views)
Re: Stern's firm is DONE! - Jennifer ONeal/FL
3/11/2011 12:57:46 PM (3500 views)
Re: Stern's firm is DONE! - Barbara /FL
3/14/2011 11:57:02 AM (3362 views)

Genesis Servicing Corporation - Kristi Lee/NE
3/7/2011 1:26:28 PM (4310 views)
Re: Genesis Servicing Corporation - Nils Nelson/ME
3/7/2011 2:54:02 PM (3652 views)
Re: Genesis Servicing Corporation - Kristi Lee/NE
3/7/2011 4:55:18 PM (3697 views)
Re: Genesis Servicing Corporation - Nils Nelson/ME
3/7/2011 5:54:21 PM (3586 views)
Re: Genesis Servicing Corporation - Kristi Lee/NE
3/7/2011 6:15:23 PM (3624 views)
Re: Genesis Servicing Corporation - Abstractor/MI
3/24/2011 10:54:56 AM (3365 views)

Cleveland Title Association March Meeting - Robert Franco/OH
3/7/2011 10:16:42 AM (2924 views)

Promised Relief Many Deeper in Debt - Leigh Attridge/MA
3/7/2011 8:09:35 AM (3954 views)

Comment on "Scott County, Missouri Begins E-Recording, Several Indiana Counties to Offer Service Soon" - Source of Title/OH
3/7/2011 7:59:24 AM (2982 views)
More Jobs Lost? - Miriam Shoaff-Rolles/IN
3/7/2011 7:59:24 AM (5990 views)
Re: More Jobs Lost? - Kevin Ahern/CT
3/7/2011 11:21:38 AM (5976 views)
Not Viable in CA; very costly - William Pattison /CA
3/7/2011 7:10:12 PM (6030 views)

End of the 30 year mortgage? - Leigh Attridge/MA
3/6/2011 1:45:46 PM (4194 views)

Taos Land Grant Issues - Joyce/CO
3/4/2011 12:32:31 PM (8528 views)
Re: Taos Land Grant Issues Part 2 - Joyce/CO
3/4/2011 12:37:56 PM (4152 views)
Re: Taos Land Grant Issues Part 3 - Joyce/CO
3/24/2011 3:01:01 PM (6067 views)


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