Register
Log In
Forget your Password?

Home
Directory
Bulletins
Forums
Blogs
Articles
Links
Classifieds
About Us
Contact Us
Advertise
FAQ
Privacy Policy


Discussion
<< get older messagesget newer messages >>
to post a message: login - or - register | search messages | show all replies



[+] AFX Corp.? - Jean Allen/NC (4 replies)
10/27/2008 8:43:34 AM (4006 views)

[+] Anyone heard that Archer Land Title Closed their doors? - Lisa Dahlquist/NC (3 replies)
10/24/2008 1:39:15 PM (4385 views)

[+] Abstracts USA, Rockville, MD - Edward Huguenin/SC (12 replies)
10/24/2008 10:07:31 AM (4668 views)

[+] Synex Corporate Services - Kristi Lee/NE (3 replies)
10/23/2008 3:21:52 PM (4366 views)

[+] First Choice Title Services? - Lisa Dahlquist/NC (2 replies)
10/22/2008 2:22:00 PM (4476 views)




[+] modification companies - michael quinn/NY (5 replies)
10/21/2008 8:42:23 PM (4348 views)

[+] Work picking up? - Mandy Harmon/SC (1 reply)
10/21/2008 4:25:13 PM (4244 views)

[+] I am curious about other states. - Diane Cipa/PA (5 replies)
10/21/2008 11:57:54 AM (4175 views)

[+] A Look On The Bright Side - Scott Perry/PA (37 replies)
10/21/2008 12:11:44 AM (4195 views)

[+] Tax Sales & John Beck - Helene /GA (3 replies)
10/20/2008 10:47:46 PM (4533 views)

[+] Can someone help with Infinity International Processing Services. They stopped payment on a check. - Angela Johnson/NC (13 replies)
10/20/2008 3:55:42 PM (4506 views)

[+] Fax and Phone Vendors? - Debbie Thibodeaux/LA (9 replies)
10/18/2008 2:08:31 PM (4266 views)

[+] Input on Integration 4.0 - Debbie Thibodeaux/LA (1 reply)
10/18/2008 2:03:02 PM (3923 views)

[-] Leeches are still out there! - Kurt deVries/FL (10 replies)
10/17/2008 10:54:45 AM (4255 views)
Re: Leeches are still out there! - Kevin Ahern/CT
10/17/2008 12:43:44 PM (6069 views)
Re: Leeches are still out there! - Robert Franco/OH
10/17/2008 1:31:52 PM (6059 views)
Re: Leeches are still out there! - Kurt deVries/FL
10/17/2008 5:06:56 PM (5894 views)
Re: Leeches are still out there! - Kimberly Gray/AR
10/17/2008 1:55:00 PM (5905 views)
Re: Leeches are still out there! - Clanci Nelson/OH
10/17/2008 3:13:37 PM (5892 views)
Re: Leeches are still out there! - Robert Breakell/CT
10/17/2008 4:12:06 PM (5781 views)
Re: Leeches are still out there! - Jean Allen/NC
10/17/2008 5:13:04 PM (5899 views)
Re: Leeches are still out there! - ANTHONY MUZIO/NY
10/19/2008 11:06:32 AM (5828 views)
Re: Leeches are still out there! - Gary Capello/OH
10/27/2008 9:03:44 AM (5818 views)
Re: Leeches are still out there! - Miriam Rolles/IN
10/27/2008 1:08:45 PM (5483 views)

 

 
My belief on this is that the abstractor may not be an independent abstractor...They may be an Abstract Company that hires in-house salary abstractors @ say $12 to 15 per hour...not per order like we do.
This type of searching company squashes out the independent researchers; because they have so much volume they are able to give quite a discounted price to the Title Company. 
I have been told - the Title Company / client is told they will only get the reduced discounted fees if they give them ALL of the counties that they do research in. 
So, if the Abstract Company that hires a SALARY employee to go into a county ALL day @ 12 to 15 dollars per hour; the daily cost is aprox. $96.00 to $120.00 a day. The Abstract Company covers - say 8 counties; and their salary searcher is in 2 or 3 counties everyday; & say they could get maybe 10 to 20 orders completed in a day...
Cost to the Abstract Company is aprox. $96.00 to $120.00 bucks. 
The Bill to the Title Company is $ 320.00 for 20 orders @$ 16.00. >  Or the more common rate is around $30 dollars per order...that is $600.00 per day .
$320.00 for 20 orders @$ 16.00 minus  - $120.00 is still a profit of 200 dollars a day for the Searching Company based on that one Salary researcher. So if they have more than say - even 4 on staff.  We independents will continue to fight this losing battle with our pricing.
 
Maybe I’m wrong but you do the math…
I continue to have faith that if you do a good job, have outstanding customer service and your client knows you care about their needs - they eventually will come back.
Most large searching companies don’t train their Abstractors well - they train them too quickly and the Carpetbaggers will screw up , cause their client a lien and you will be getting a call back because they miss your exceptional service…
to post a reply: login - or - register



[+] Social Security & DL info in recordings - Glenda Hodge/TN (4 replies)
10/16/2008 5:58:46 PM (3796 views)


<< get older messagesget newer messages >>

DISCLAIMER: These Message Forums are un-moderated and Source of Title does not endorse the content of any of the posts. Source of Title discourages libelous comments and you, as the sole creator of the content, take full responsibility for your remarks.
Directory

The Source of Title Business directory has 8973 listed companies.

Leave feedback on a company:
SOT ID #:  learn more...
DRN Title Search
Blogs

Read other users' blogs-- or start your own!

Most Recent Blog Posts:

What Is Title Insurance & Benefits
Michael Stelzer's Blog
2026/03/14
0 comments

The Source of Title - Part I: Freedom Written, Freedom Insured
Ben DuBay's Blog
2026/02/15
0 comments

Shared Driveway Agreements
Marissa Berends's Blog
2025/12/10
0 comments

Articles

Source of Title articles help to keep you informed on the state of the title industry.

Q1 GDP Commentary from MBA's Mike Fratantoni
“Inflation jumped higher during the quarter, with the PCE index increasing at a 4.5 percent annualized rate, up fr...
MBA Annual Report Finds Total Commercial Real Estate Borrowing and Lending Increased 40 Percent in 2025
“As capital markets conditions stabilized in 2025, there was a meaningful rebound in commercial real estate lendin...
Mortgage Applications Decrease in Latest MBA Weekly Survey
“Mortgage rates increased slightly last week, with the 30-year fixed rate rising to 6.37 percent. The increase in ...
First American Title Introduces AgentNet® Assist: Title Intelligence, an AI-Powered Document Analysis Capability
“This AI-assisted capability streamlines repetitive, time-intensive tasks, helping reduce processing time by as mu...
Home Building Shows Signs of Stabilization with Monthly Gain in Starts
“Housing starts posted a solid rebound in March, suggesting builders are responding to pockets of improving demand...

Search Articles:
browse...

Classifieds

Buy, sell, or trade! Browse the ads or post your own!

© 2020, Source of Title.