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What is considered slow pay? - no name/MI
1/30/2009 12:50:38 PM (3010 views)
Re: What is considered slow pay? - Jessica Talley/NJ
1/30/2009 12:59:33 PM (3000 views)
Re: What is considered slow pay? - Kevin Ahern/CT
1/30/2009 1:33:34 PM (3143 views)

The norm is what works best for you not necessarily your client. In this economy it is best to keep new clients on a short leash  and a limited line of credit until they prove themselves. You might want to consider an accommodation to your good clients with a demonstrated track record of timely payment. However, do it sparingly. If you check the older posts on SOT you will read of cases where even once good clients became problem clients. Remember, there is no loyalty in this business. You are only as good as your last title search, and a client will turn on you as soon as he finds an abstractor that will do the same work for $5.00 less.

I have seen several VM's or Title Companies advertising who made it seem that they are offering a good deal. Promises of high volume in return for discounts which either never materialize or decline a short time thereafter. It turns out that they are offering to pay less for a title search than the market value two years earlier. ...most of it would go into your gas tank. So in addition to timely payment...there has to be a reasonable profit.

In Connecticut the slow pay/no pay/volume discounts don't work because of our political organization. We do not have any county government. In most states the land records are kept in a county court house. In these states an abstractor can spend the entire day at a single court house, and perform 3 or 4 searches. In Connecticut we more than  100 cities and towns each of which maintains its own land records. Connecticut abstractors spend a lot of time on the road traveling between town halls each day. To do the same 3 or 4 title searches the Connecticut  abstractor may lose 2 hours of search time simply traveling from one town hall to the next. Someone called me a few weeks ago , and asked if I would do a current owner search for $45.00. It was laughable.  Four years earlier that same search would have cost them $75.00.

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Probate Question - Helene /GA
1/29/2009 11:50:27 PM (2895 views)
Re: Probate Question - Kevin Ahern/CT
1/30/2009 6:52:39 AM (3086 views)
Maybe a shifting executory interest... - Robert Franco/OH
1/30/2009 9:28:41 AM (3177 views)
Re: Maybe a shifting executory interest... - Kevin Ahern/CT
1/30/2009 10:01:35 AM (2914 views)
Re: Maybe a shifting executory interest... - Robert Franco/OH
1/30/2009 10:25:15 AM (2808 views)
Re: Maybe a shifting executory interest... - Kevin Ahern/CT
1/30/2009 10:49:36 AM (2858 views)
Re: Maybe a shifting executory interest... - Helene /GA
1/30/2009 10:38:14 PM (2927 views)
Re: Maybe a shifting executory interest... - Douglas Gallant/OH
1/31/2009 8:27:20 AM (2916 views)

Preview of Coming Attractions? - Scott Perry/PA
1/29/2009 10:53:59 PM (4577 views)
Re: Preview of Coming Attractions? - AbstractorWatchdog com/NY
1/29/2009 11:22:02 PM (3210 views)
Re: Preview of Coming Attractions? - Scott Perry/PA
1/29/2009 11:58:37 PM (3038 views)
Re: Preview of Coming Attractions? - Jessica Talley/NJ
1/30/2009 8:07:42 AM (3178 views)
Re: Preview of Coming Attractions? - AbstractorWatchdog com/NY
1/30/2009 8:15:04 AM (3175 views)
Re: Preview of Coming Attractions? - AbstractorWatchdog com/NY
1/30/2009 8:16:02 AM (3078 views)
Re: Preview of Coming Attractions? - Alix Ott/MI
2/2/2009 2:10:27 PM (2885 views)
Re: Preview of Coming Attractions? - Kevin Ahern/CT
1/30/2009 8:46:02 AM (3029 views)
Re: Preview of Coming Attractions? - Jessica Talley/NJ
1/30/2009 12:55:40 PM (2921 views)
Re: Preview of Coming Attractions? - michael quinn/NY
2/1/2009 1:09:50 AM (2873 views)
Re: Preview of Coming Attractions? - Kevin Ahern/CT
2/1/2009 6:01:27 AM (2965 views)
Re: Preview of Coming Attractions? - WAYNE QUICK/NC
2/2/2009 6:16:26 PM (2863 views)

The Bankruptcy Club - AbstractorWatchdog com/NY
1/29/2009 2:56:14 PM (3188 views)
Re: The Bankruptcy Club - Kim Cowles/WI
1/29/2009 2:59:08 PM (3126 views)
Re: The Bankruptcy Club - AbstractorWatchdog com/NY
1/29/2009 3:48:35 PM (2982 views)
Re: The Bankruptcy Club - Jessica Talley/NJ
1/29/2009 6:58:44 PM (2943 views)
Re: The Bankruptcy Club - Barbara Kelley/PA
2/2/2009 8:50:30 AM (2893 views)
Re: The Bankruptcy Club - Robert Franco/OH
2/2/2009 9:33:45 AM (3057 views)
Re: The Bankruptcy Club - AbstractorWatchdog com/NY
2/3/2009 10:43:16 PM (2980 views)
Re: The Bankruptcy Club - Anthony Joseph/TX
2/4/2009 8:22:07 AM (3108 views)
Re: The Bankruptcy Club - george Hubka/MI
2/25/2009 6:04:15 AM (2654 views)

MONEY OWED - quinn cioffi/PA
1/28/2009 2:38:15 PM (3240 views)
Re: MONEY OWED - Laurie E/MD
1/28/2009 6:04:33 PM (2977 views)
Re: MONEY OWED - george Hubka/MI
2/24/2009 6:51:47 PM (2709 views)


Real Title Services


New Real Estate Numbers Are Out - AbstractorWatchdog com/NY
1/28/2009 2:25:36 PM (3976 views)

Snow Day! - Robert Franco/OH
1/28/2009 12:39:37 PM (2884 views)
Re: Snow Day! - STEVE MEINECKE/TN
1/28/2009 12:45:16 PM (3052 views)
Re: Snow Day! - Nils Nelson/ME
1/28/2009 4:37:10 PM (3118 views)
Re: Snow Day! - Joanie Hahr/VT
1/28/2009 5:05:58 PM (2845 views)
Re: Snow Day! - Glenda Hodge/TN
1/28/2009 11:14:51 PM (2909 views)
Re: Snow Day! - Sheila Sten/PA
1/29/2009 2:39:41 PM (2816 views)
Re: Snow Day! - Clanci Nelson/OH
1/29/2009 3:36:29 PM (2882 views)
Re: Snow Day! - Scott Perry/PA
1/29/2009 10:41:24 PM (2964 views)
Re: Snow Day! - Clanci Nelson/OH
1/30/2009 3:55:14 PM (3184 views)
Re: Snow Day! - Sheila Sten/PA
1/31/2009 10:31:02 AM (2989 views)
Re: Snow Day! - Sheila Sten/PA
1/31/2009 10:30:35 AM (2984 views)
Re: Snow Day! - Kevin Ahern/CT
1/31/2009 12:36:02 PM (2880 views)
Re: Snow Day! - Scott Perry/PA
1/31/2009 3:42:38 PM (2926 views)
Re: Snow Day! - Scott Perry/PA
1/31/2009 3:44:38 PM (2878 views)

NALTEA - AbstractorWatchdog com/NY
1/28/2009 12:13:09 PM (2711 views)
Re: NALTEA - Dave Pelligrinelli/GA
1/28/2009 1:05:51 PM (3043 views)
Re: NALTEA - AbstractorWatchdog com/NY
1/28/2009 9:54:56 PM (2926 views)

Buckeye Land Abstract - Sybil East/GA
1/27/2009 12:54:18 PM (3067 views)

Another NON-Payer - Kurt deVries/FL
1/27/2009 12:19:30 PM (2722 views)

Title Insurance - AbstractorWatchdog com/NY
1/27/2009 10:54:55 AM (2967 views)
Re: Title Insurance - Robert Franco/OH
1/27/2009 11:37:48 AM (3145 views)
Re: Title Insurance - AbstractorWatchdog com/NY
1/27/2009 11:49:53 AM (2962 views)
Re: Title Insurance - Pete Kisan/OH
2/4/2009 8:45:38 AM (3128 views)

Infotrack Information Services - Edward Huguenin/SC
1/27/2009 7:12:47 AM (3168 views)
Re: Infotrack Information Services - Sandra Harold/KS
2/11/2009 11:30:35 AM (3091 views)
Re: Infotrack Information Services - Greg Paszkiewicz/NJ
2/23/2009 12:49:29 PM (3164 views)
Re: Infotrack Information Services - Frank NAVARRO/IL
4/8/2009 12:46:12 PM (3017 views)

gdocs / Boondocs BK info - george Hubka/MI
1/23/2009 10:49:37 PM (3055 views)
Re: gdocs / Boondocs BK info - Steve /NY
2/3/2009 10:29:32 AM (3001 views)
Re: gdocs / Boondocs BK info - Kevin Ahern/CT
2/3/2009 11:07:18 AM (2934 views)
Re: gdocs / Boondocs BK info - Patrick/NY
2/3/2009 11:16:12 AM (2849 views)
Re: gdocs / Boondocs BK info - Kevin Ahern/CT
2/3/2009 11:44:57 AM (2900 views)
Re: gdocs / Boondocs BK info - Patrick/NY
2/3/2009 12:10:34 PM (2860 views)
Re: gdocs / Boondocs BK info - Marian Littleton/VA
3/4/2009 11:35:26 AM (2850 views)

new abstractors - Teri Mages/TX
1/23/2009 10:27:29 PM (3459 views)
Re: new abstractors - Loretta Reed/MD
1/24/2009 11:18:55 AM (3252 views)
Re: new abstractors - Wendi See/SC
1/24/2009 2:49:25 PM (3260 views)
Re: new abstractors - Garret  Fitzgerald/VA
2/2/2009 1:23:15 PM (2966 views)
Re: new abstractors - Kenneth Signor/SC
1/26/2009 6:35:21 AM (3200 views)
Re: new abstractors - William Pattison /CA
1/26/2009 11:51:48 AM (3113 views)
Re: new abstractors - Clanci Nelson/OH
1/26/2009 1:34:35 PM (3012 views)
Re: new abstractors - Alix Ott/MI
2/2/2009 7:02:35 PM (2983 views)
Re: new abstractors - Marian Littleton/VA
3/4/2009 11:39:55 AM (2708 views)

AMERISTAR -- still deadbeats & still sending us orders - Alix Ott/MI
1/23/2009 2:28:26 PM (3437 views)
Re: AMERISTAR -- still deadbeats & still sending us orders - Kurt deVries/FL
1/23/2009 2:38:45 PM (4211 views)
Re: AMERISTAR -- still deadbeats & still sending us orders - Alix Ott/MI
1/23/2009 2:40:32 PM (3160 views)
Re: AMERISTAR -- still deadbeats & still sending us orders - Clanci Nelson/OH
1/23/2009 4:12:35 PM (3274 views)
Re: AMERISTAR -- still deadbeats & still sending us orders - george Hubka/MI
1/23/2009 11:14:32 PM (3042 views)
Re: AMERISTAR -- still deadbeats & still sending us orders - Alix Ott/MI
1/25/2009 6:56:53 PM (3134 views)
Re: AMERISTAR -- still deadbeats & still sending us orders - Angela Lawrimore/FL
1/26/2009 1:49:02 AM (3299 views)
Re: AMERISTAR -- still deadbeats & still sending us orders - David Keeling/TX
1/25/2009 7:15:09 PM (3366 views)
Re: AMERISTAR -- still deadbeats & still sending us orders - AbstractorWatchdog com/NY
1/25/2009 8:55:56 PM (3216 views)


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