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[+] Your opinions please--paying signing agents up front - Ronda Roaring/NY (1 reply)
10/7/2008 5:24:02 PM (3949 views)

[+] MS Title - Smitty Strickland/SC (2 replies)
10/7/2008 10:33:53 AM (4055 views)

[+] Contact number for NALTEA - Edward Huguenin/SC (1 reply)
10/6/2008 6:57:06 PM (3704 views)

[-] Another Fee Reduction Request - Scott Perry/PA (12 replies)
10/6/2008 4:47:25 PM (4494 views)
Re: Another Fee Reduction Request - Joyce/NM
10/6/2008 4:55:46 PM (6174 views)
Re: Another Fee Reduction Request - Robert Franco/OH
10/6/2008 5:22:15 PM (6081 views)
Re: Another Fee Reduction Request - Helene /GA
10/6/2008 9:49:49 PM (6116 views)
Re: Another Fee Reduction Request - george Hubka/MI
10/7/2008 5:53:14 AM (6127 views)
Re: Another Fee Reduction Request - Scott Perry/PA
10/7/2008 6:47:35 AM (6138 views)
Re: Another Fee Reduction Request - Helene /GA
10/12/2008 2:54:11 PM (6174 views)

George,   If one didn't get the email then the fee reduction didn't directly affect them so it doesn't matter who it was.  It wasn't a pymnt. issue. Having done work for numerous VM's over the years, I understand that many will usually go with someone cheaper no matter how much they praise your work and even if you're not the one causing them problems.  It doesn't even matter how good a relationship you might have had with those, or how matter years you have been doing their work.  Most require E & O so I would think it doesn't matter to them whom they use as long as they get what they want when they want it!  Many companies have asked  for fee reductions or just outright stated them.  It's up to each to decide whether or not to accept them.  In this case, I didn't feel the fee decrease was justified for me to agree to it.  It wasn't worth it.  I know what I have to charge in order to make a profit.  I've learned not to take the VM's decisions personally. I treat their work the same as local clients.  I stick to my fees with them because even If I accept the cut, there will always be another who'll do it cheaper and so where would it end?  So if they dump me for someone cheaper, then they dump me!  If they come back and accept my fees, then I'll still return the same work caliber of work  I did before.

I know of many who accept fee cuts because these days they are hurtng worse than some; because running titles is all they have ever done and that is how they take care of their family.  I don't blame them for accepting cuts and I hope those are the ones who get the work others decline. The ones I do begrudge are those who call companies knowing others are doing the work and purposely cut the fee.  They are usually those who only got into the industry in the couple of years ago to make a quick buck and couldn't do a full search if their life depended on it.  There have also been some recent upstarts who charge 1/2 the fee knowing full well what the average is in each locality.   I don't care for them either.  To them a fee cut for me is an increase for them. 

I assure you I'm not "spineless".  I was probably too harsh; too general though.  And now I am getting long-winded.  I'll tell you though, it is my experience that when contact is made w/this or any other VM, they will  send  a form asking for your fees.  If you don't hear from them, chances are someone is already doing your counties for the same or cheaper.  I don't follow up and tell them I'll do it cheaper.  I wish you good luck. 

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Re: Another Fee Reduction Request - george Hubka/MI
10/13/2008 4:13:24 AM (6035 views)
Re: Another Fee Reduction Request - Helene /GA
10/14/2008 12:09:47 AM (6107 views)
Re: Another Fee Reduction Request - Robert Breakell/CT
10/7/2008 10:39:44 AM (6178 views)
Personal thought with no factual basis - Bobbi Shorthouse, Notary Public/CT
10/7/2008 1:16:40 PM (6089 views)
Re: Another Fee Reduction Request - Anita Backlund/MN
10/8/2008 9:29:30 PM (6096 views)
Re: Another Fee Reduction Request - george Hubka/MI
10/9/2008 6:16:51 AM (6062 views)

JC Abstracting - Barbara Hamilton/CA
10/4/2008 4:36:04 PM (3689 views)


Real Title Services


Upgrade notice for sourceoftitle.com - Slade Smith/OH
10/3/2008 4:48:37 PM (3545 views)

[+] The AfBA battle is on! - Robert Franco/OH (1 reply)
10/3/2008 4:27:46 PM (5837 views)

[+] Bankers Title Company - Gone - Frank NAVARRO/IL (1 reply)
10/2/2008 6:50:11 PM (4450 views)

[+] Any info on Abstractor listing websites? - Erin Carraway/NY (11 replies)
10/2/2008 1:11:58 PM (4639 views)

[+] Questions on title companies & Leads - Erin Carraway/NY (9 replies)
10/2/2008 9:09:47 AM (4407 views)

[+] Info on Abstractors A Go Go - george Hubka/MI (10 replies)
10/1/2008 6:27:14 PM (4771 views)

[+] Bail Out Bill Defeated - Kevin Ahern/CT (19 replies)
9/29/2008 3:14:47 PM (4179 views)

Reminder for Independent Agents - Robert Franco/OH
9/29/2008 11:46:39 AM (5005 views)

[+] Beware of Huntington Title & Contemporary Realty Solutions - Tiffany Abramowski/VA (1 reply)
9/28/2008 9:25:00 PM (4009 views)

[+] Class action case vs Titlestream - . APS/NY (5 replies)
9/26/2008 7:52:40 PM (4336 views)


<< get older messagesget newer messages >>

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