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[+] FM and FM under the G-Man - Jay Duncan/MO (5 replies)
9/10/2008 10:55:38 AM (3260 views)

[+] OMG - Janis Talbot/SC (5 replies)
9/10/2008 5:31:41 AM (3490 views)

[+] Money owe for search work for Virginia Settlement Group - Teresa Melvin/VA (6 replies)
9/9/2008 3:07:56 PM (3431 views)

[+] Direct Settlement Services - DSS - Kurt deVries/FL (1 reply)
9/9/2008 2:21:34 PM (3833 views)

[+] Seeking Info on US Title Solutions - Smitty Strickland/SC (6 replies)
9/8/2008 6:10:40 PM (4022 views)


Real Title Services


Seeking Feedback on a Company - Brad Bradbury/PA
9/8/2008 4:31:38 PM (2904 views)

[+] WHO NOT TO DO WORK FOR - Brian  Worthington/OH (2 replies)
9/8/2008 9:24:07 AM (3885 views)

NACA/ Bruce Marks - KH/NC
9/8/2008 7:48:34 AM (3342 views)

abstract realty, turnersville, nj DOES NOT PaY - KIMBERLY  FALCONE/PA
9/8/2008 5:56:17 AM (2901 views)

Jury Duty Scam - Scott Perry/PA
9/8/2008 12:58:32 AM (4483 views)

[+] At last, solution to industry crisis!? - Jan Forster/NC (10 replies)
9/5/2008 11:47:55 PM (5232 views)

Broadway Abstract Corp. - CARRIE DOZIER/NY
9/5/2008 12:46:55 PM (2740 views)

[+] Your Tax Dollars at Work - Scott Perry/PA (164 replies)
9/5/2008 10:51:13 AM (4821 views)

[-] STOP STOP STOP - . APS/NY (14 replies)
9/4/2008 3:35:36 PM (3555 views)
Re: STOP STOP STOP - Robert Breakell/CT
9/4/2008 5:23:29 PM (3511 views)
Re: STOP STOP STOP - . APS/NY
9/4/2008 10:00:54 PM (3570 views)
Re: STOP STOP STOP - Helene /GA
9/15/2008 10:29:49 PM (3133 views)
This is one of the best posts I have ever seen! - Jean Allen/NC
9/18/2008 8:13:59 AM (3122 views)
Re: This is one of the best posts I have ever seen! - Helene /GA
9/18/2008 11:46:49 PM (3151 views)
Cheap Un-Searches in CT - Bobbi Shorthouse, Notary Public/CT
9/5/2008 8:10:33 AM (3459 views)
Re: STOP STOP STOP - ANTHONY MUZIO/NY
9/4/2008 6:09:17 PM (3432 views)
Re: STOP STOP STOP - rw/VA
9/6/2008 8:40:02 PM (3326 views)
Re: STOP STOP STOP - J Nisonger/CA
9/11/2008 6:54:13 PM (3098 views)
Absolute Property Service? - Matt Papsch/MD
9/9/2008 9:25:14 PM (3182 views)
Re: Absolute Property Service? - . APS/NY
9/10/2008 8:56:25 PM (3148 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    

 

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Re: Absolute Property Service? - Matt Papsch/MD
9/11/2008 5:33:37 PM (3048 views)
Re: Absolute Property Service? - . APS/NY
9/15/2008 8:12:15 PM (3075 views)
Re: Absolute Property Service? - Robert Franco/OH
9/15/2008 10:15:53 PM (3194 views)

[+] CMS-Consumer Marketing Services - Patrick /NY (2 replies)
9/4/2008 1:26:57 PM (5338 views)


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