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Red Flag on Reverse Mortgages - Leigh Attridge/MA
3/12/2011 6:43:17 AM (4140 views)

More Loan Mod Options - Leigh Attridge/MA
3/12/2011 6:41:57 AM (4098 views)

Saying Goodbye To Unprofitable Customers - Patrick Scott/IL
3/11/2011 8:12:36 PM (3858 views)
Re: Saying Goodbye To Unprofitable Customers - Robert Franco/OH
3/12/2011 10:54:25 AM (4284 views)
Re: Saying Goodbye To Unprofitable Customers - Scott Perry/PA
3/12/2011 11:38:43 AM (4392 views)
Re: Saying Goodbye To Unprofitable Customers - Kevin Ahern/CT
3/12/2011 2:09:20 PM (4309 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 (4199 views)
Re: Saying Goodbye To Unprofitable Customers - F P/VA
3/15/2011 10:39:02 AM (3903 views)

Bathing Beauties 1905 - Leigh Attridge/MA
3/11/2011 6:10:30 PM (4825 views)
Re: Bathing Beauties 1905 - George Booth/OH
3/12/2011 9:36:43 AM (3845 views)

Jersey Shore 1910 - Leigh Attridge/MA
3/11/2011 7:38:53 AM (4714 views)
Re: Jersey Shore 1910 - monica froese/ME
3/11/2011 7:25:39 PM (3845 views)




B of A creating a "Bad Bank" - CHARLENE  PERRY/MD
3/10/2011 3:53:40 PM (4353 views)

Enough is enough - Leigh Attridge/MA
3/10/2011 10:17:52 AM (3050 views)

Direct Title Solutions - Deceiving Vendors - Bruce Murch/VA
3/8/2011 7:05:26 PM (9246 views)
Re: Direct Title Solutions - Deceiving Vendors - Sheila Sten/PA
3/8/2011 8:12:17 PM (4791 views)
Re: Direct Title Solutions - Deceiving Vendors - Leigh Attridge/MA
3/8/2011 9:33:11 PM (4924 views)
Re: Direct Title Solutions - Deceiving Vendors - Bruce Murch/VA
3/10/2011 6:53:52 AM (4417 views)
Re: Direct Title Solutions - Deceiving Vendors - Leigh Attridge/MA
3/10/2011 7:51:51 AM (4516 views)
Re: Direct Title Solutions - Deceiving Vendors - Beverly Murch/VA
3/13/2011 11:50:42 PM (4415 views)
Re: Direct Title Solutions - Deceiving Vendors - J Nisonger/CA
3/14/2011 9:40:59 AM (4244 views)
Re: Direct Title Solutions - Deceiving Vendors - john rutledge/VA
3/14/2011 10:28:06 AM (4340 views)
Re: Direct Title Solutions - Deceiving Vendors - Bruce Murch/VA
3/15/2011 9:30:21 AM (4301 views)
Re: Direct Title Solutions - Deceiving Vendors - F P/VA
3/15/2011 10:08:44 AM (4301 views)
Re: Direct Title Solutions - Deceiving Vendors - C/VA
3/23/2011 4:53:12 PM (4224 views)
Re: Direct Title Solutions - Deceiving Vendors - Beverly Murch/VA
3/30/2011 10:53:55 AM (4111 views)
Re: Direct Title Solutions - Deceiving Vendors - Bruce Murch/VA
3/30/2011 11:23:19 AM (4022 views)

Stern's firm is DONE! - CHARLENE  PERRY/MD
3/7/2011 8:37:37 PM (5584 views)
Re: Stern's firm is DONE! - Leigh Attridge/MA
3/8/2011 8:36:54 AM (3981 views)
Re: Stern's firm is DONE! - George Booth/OH
3/8/2011 10:35:13 AM (4008 views)
Re: Stern's firm is DONE! - Leigh Attridge/MA
3/8/2011 11:59:34 AM (4016 views)
Re: Stern's firm is DONE! - Robert Franco/OH
3/8/2011 12:10:09 PM (4084 views)
Re: Stern's firm is DONE! - CHARLENE  PERRY/MD
3/8/2011 2:54:03 PM (4127 views)
Re: Stern's firm is DONE! - Jessica Talley/FL
3/8/2011 4:28:58 PM (4150 views)
Re: Stern's firm is DONE! - George Booth/OH
3/9/2011 7:49:11 AM (3911 views)
Re: Stern's firm is DONE! - Leigh Attridge/MA
3/9/2011 9:47:29 AM (4071 views)
Re: Stern's firm is DONE! - Kevin Ahern/CT
3/9/2011 10:54:38 AM (4112 views)
Re: Stern's firm is DONE! - Jessica Talley/FL
3/9/2011 11:41:43 AM (4137 views)
Re: Stern's firm is DONE! - George Booth/OH
3/10/2011 10:45:43 AM (3838 views)
Re: Stern's firm is DONE! - George Booth/OH
3/10/2011 10:41:28 AM (3930 views)
Re: Stern's firm is DONE! - Robert Franco/OH
3/10/2011 11:52:29 AM (3826 views)
Re: Stern's firm is DONE! - Leigh Attridge/MA
3/10/2011 8:40:01 PM (4013 views)
Re: Stern's firm is DONE! - George Booth/OH
3/11/2011 11:29:28 AM (3869 views)
Re: Stern's firm is DONE! - Robert Franco/OH
3/11/2011 12:52:11 PM (3925 views)
Re: Stern's firm is DONE! - George Booth/OH
3/12/2011 9:33:30 AM (3808 views)
Re: Stern's firm is DONE! - Robert Franco/OH
3/9/2011 1:08:19 PM (3989 views)
Re: Stern's firm is DONE! - George Booth/OH
3/10/2011 10:42:28 AM (3997 views)
Re: Stern's firm is DONE! - Jennifer ONeal/FL
3/11/2011 12:57:46 PM (4017 views)
Re: Stern's firm is DONE! - Barbara /FL
3/14/2011 11:57:02 AM (3853 views)

Genesis Servicing Corporation - Kristi Lee/NE
3/7/2011 1:26:28 PM (4483 views)
Re: Genesis Servicing Corporation - Nils Nelson/ME
3/7/2011 2:54:02 PM (4124 views)
Re: Genesis Servicing Corporation - Kristi Lee/NE
3/7/2011 4:55:18 PM (4191 views)
Re: Genesis Servicing Corporation - Nils Nelson/ME
3/7/2011 5:54:21 PM (4044 views)
Re: Genesis Servicing Corporation - Kristi Lee/NE
3/7/2011 6:15:23 PM (4098 views)
Re: Genesis Servicing Corporation - Abstractor/MI
3/24/2011 10:54:56 AM (3792 views)

Cleveland Title Association March Meeting - Robert Franco/OH
3/7/2011 10:16:42 AM (3086 views)

Promised Relief Many Deeper in Debt - Leigh Attridge/MA
3/7/2011 8:09:35 AM (4141 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 (3127 views)
More Jobs Lost? - Miriam Shoaff-Rolles/IN
3/7/2011 7:59:24 AM (6562 views)
Re: More Jobs Lost? - Kevin Ahern/CT
3/7/2011 11:21:38 AM (6585 views)
Not Viable in CA; very costly - William Pattison /CA
3/7/2011 7:10:12 PM (6589 views)

End of the 30 year mortgage? - Leigh Attridge/MA
3/6/2011 1:45:46 PM (4333 views)

Taos Land Grant Issues - Joyce/CO
3/4/2011 12:32:31 PM (8770 views)
Re: Taos Land Grant Issues Part 2 - Joyce/CO
3/4/2011 12:37:56 PM (4659 views)
Re: Taos Land Grant Issues Part 3 - Joyce/CO
3/24/2011 3:01:01 PM (6621 views)


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