Real Title Services
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



Broadway Abstract Corp. - CARRIE DOZIER/NY
9/5/2008 12:46:55 PM (2891 views)

[+] Your Tax Dollars at Work - Scott Perry/PA (164 replies)
9/5/2008 10:51:13 AM (5042 views)

[-] STOP STOP STOP - . APS/NY (14 replies)
9/4/2008 3:35:36 PM (3723 views)
Re: STOP STOP STOP - Robert Breakell/CT
9/4/2008 5:23:29 PM (4105 views)
Re: STOP STOP STOP - . APS/NY
9/4/2008 10:00:54 PM (4163 views)
Re: STOP STOP STOP - Helene /GA
9/15/2008 10:29:49 PM (3754 views)
This is one of the best posts I have ever seen! - Jean Allen/NC
9/18/2008 8:13:59 AM (3701 views)
Re: This is one of the best posts I have ever seen! - Helene /GA
9/18/2008 11:46:49 PM (3722 views)
Cheap Un-Searches in CT - Bobbi Shorthouse, Notary Public/CT
9/5/2008 8:10:33 AM (4086 views)
Re: STOP STOP STOP - ANTHONY MUZIO/NY
9/4/2008 6:09:17 PM (4028 views)
Re: STOP STOP STOP - rw/VA
9/6/2008 8:40:02 PM (3900 views)
Re: STOP STOP STOP - J Nisonger/CA
9/11/2008 6:54:13 PM (3693 views)
Absolute Property Service? - Matt Papsch/MD
9/9/2008 9:25:14 PM (3833 views)
Re: Absolute Property Service? - . APS/NY
9/10/2008 8:56:25 PM (3813 views)

Matt,

 

When we asked abstractors to do work for us, we would send them an engagement package that they voluntarily filled out.  You offered us the following;

Current Owner -40
Inst Lender -50
Recording -25
Contin -20-30
Deed -20
Mort Search -20
Deed/Mort-30
Judg/lien -20
UCC -20
Copies .50

The industry standard in your area is what it is.  It does vary from place to place.  If is simple to do, you may charge 40.00.  If it is a difficult county to search in, the standard may be much higher.  We did not routinely call abstractors to cut prices.  In fact it would have been rare.  I have actually had searchers offer me discounts of up to 25% to send them work.  I have never accepted those offers because it is not fair.  Rather than take an opprtunity to bash me, why not stick to the point.  If all abstractors would have a spine and demand a fair wage for what they do, maybe we would all be better off.  I dont see any attorneys offering rock bottom prices for their services.  

I will give a classic example of what happens when abstractors stick together.  All of the vermont abstractors know each other and keep their pricing high.  They will, as a group, blacklist a bad customer.  Marthas Vinyard...they all have high rates.  These are just two examples of how we can stick together.  Matt, I was just an independent abstractor in the early 90's.  I searched in 54 counties.  I know what its like to be in their position.  Many companies have ruined the pricing structure that existed back then.  I used to get 125-150 for a current owner.  Now there are lowlife scrappers doing the work for 25.00.  They only barely get by and have ruined it for everyone else.  Sound familiar?

 

Rob    

 

to post a reply: login - or - register


Re: Absolute Property Service? - Matt Papsch/MD
9/11/2008 5:33:37 PM (3655 views)
Re: Absolute Property Service? - . APS/NY
9/15/2008 8:12:15 PM (3702 views)
Re: Absolute Property Service? - Robert Franco/OH
9/15/2008 10:15:53 PM (3767 views)

[+] CMS-Consumer Marketing Services - Patrick /NY (2 replies)
9/4/2008 1:26:57 PM (5592 views)

Ohio Sick-day Ballot Initiative Pulled! - Robert Franco/OH
9/4/2008 1:01:46 PM (2847 views)




Dynamic Signings - Ilene Seidel/MD
9/3/2008 10:15:28 PM (2871 views)

[+] Owners Title Policy Tells Consumer Nothing - Jeanine Johnson/FL (11 replies)
9/3/2008 5:05:25 PM (3626 views)

GMAC Streamlining of Mortgage Operation - Rochelle Finci/MD
9/3/2008 1:34:54 PM (3084 views)

[+] ProTitle USA - Virginia Capps/TN (7 replies)
9/3/2008 10:27:29 AM (4882 views)

[+] Workmans Comp and Abstractors - . APS/NY (5 replies)
9/2/2008 10:36:23 PM (3563 views)

[+] Clear Vision Grand Rapids Michigan - Robin Ramberg/MI (2 replies)
9/2/2008 9:43:27 PM (3582 views)

[+] american abstract - Robin Ramberg/MI (2 replies)
9/2/2008 9:40:15 PM (3845 views)

[+] Real T. solutions - eblas/NV (4 replies)
9/2/2008 5:37:16 PM (6040 views)

[+] Applied Technology Resources, Inc. (Florida) - Mandy Harmon/SC (1 reply)
9/2/2008 1:41:17 PM (4993 views)

[+] All Reverse Transactions - Kevin Ahern/CT (1 reply)
9/2/2008 1:12:00 PM (3848 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 8975 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:

Practical Obscurity, Revisited
Blurbs from the Bossman
2026/08/06
0 comments

Beneath Every Closing Lies a Story
Michael Stelzer's Blog
2026/07/18
0 comments

Residential Appraisers: Reclaim Your Time
Will Duncan 's Blog
2026/07/09
0 comments

Articles

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

Multifamily Developer Confidence Weakens in Second Quarter
“It is clear that supply-side headwinds continue to weigh on multifamily developer sentiment,” said NAHB Chi...
Mortgage Applications Decrease in Latest MBA Weekly Survey
“In the wake of the July FOMC meeting, longer-term rates increased, with mortgage rates reaching their highest lev...
Home Prices Increased in 80% of Metro Areas in Second Quarter of 2026
“Home sales increased despite mortgage rates rising. This testifies to the potential housing demand building up fr...
Hopdox Opens eRecording in Glades County, Florida, Advancing Mission to Bring eRecording to Every County Nationwide
“One of the reasons I founded Hopdox was because I believe every county should have access to the benefits of eRec...
Radian Advances Strategic Transformation to Global Multi-Line Specialty Insurer with Sale of Real Estate Services Business and Agreement to Sell Title Business
Radian Group Inc. today announced that it has completed the sale of its Real Estate Services business to PLACE, a real e...

Search Articles:
browse...

Classifieds

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

© 2020, Source of Title.