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



Jury Duty Scam - Scott Perry/PA
9/8/2008 12:58:32 AM (4681 views)

[+] At last, solution to industry crisis!? - Jan Forster/NC (10 replies)
9/5/2008 11:47:55 PM (5527 views)

Broadway Abstract Corp. - CARRIE DOZIER/NY
9/5/2008 12:46:55 PM (2911 views)

[+] Your Tax Dollars at Work - Scott Perry/PA (164 replies)
9/5/2008 10:51:13 AM (5073 views)

[-] STOP STOP STOP - . APS/NY (14 replies)
9/4/2008 3:35:36 PM (3740 views)
Re: STOP STOP STOP - Robert Breakell/CT
9/4/2008 5:23:29 PM (4155 views)
Re: STOP STOP STOP - . APS/NY
9/4/2008 10:00:54 PM (4218 views)
Re: STOP STOP STOP - Helene /GA
9/15/2008 10:29:49 PM (3803 views)
This is one of the best posts I have ever seen! - Jean Allen/NC
9/18/2008 8:13:59 AM (3760 views)
Re: This is one of the best posts I have ever seen! - Helene /GA
9/18/2008 11:46:49 PM (3766 views)
Cheap Un-Searches in CT - Bobbi Shorthouse, Notary Public/CT
9/5/2008 8:10:33 AM (4133 views)
Re: STOP STOP STOP - ANTHONY MUZIO/NY
9/4/2008 6:09:17 PM (4074 views)
Re: STOP STOP STOP - rw/VA
9/6/2008 8:40:02 PM (3952 views)
Re: STOP STOP STOP - J Nisonger/CA
9/11/2008 6:54:13 PM (3756 views)
Absolute Property Service? - Matt Papsch/MD
9/9/2008 9:25:14 PM (3886 views)
Re: Absolute Property Service? - . APS/NY
9/10/2008 8:56:25 PM (3876 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 (3708 views)
Re: Absolute Property Service? - . APS/NY
9/15/2008 8:12:15 PM (3756 views)
Re: Absolute Property Service? - Robert Franco/OH
9/15/2008 10:15:53 PM (3819 views)




[+] CMS-Consumer Marketing Services - Patrick /NY (2 replies)
9/4/2008 1:26:57 PM (5609 views)

Ohio Sick-day Ballot Initiative Pulled! - Robert Franco/OH
9/4/2008 1:01:46 PM (2876 views)

Dynamic Signings - Ilene Seidel/MD
9/3/2008 10:15:28 PM (2881 views)

[+] Owners Title Policy Tells Consumer Nothing - Jeanine Johnson/FL (11 replies)
9/3/2008 5:05:25 PM (3640 views)

GMAC Streamlining of Mortgage Operation - Rochelle Finci/MD
9/3/2008 1:34:54 PM (3108 views)

[+] ProTitle USA - Virginia Capps/TN (7 replies)
9/3/2008 10:27:29 AM (4904 views)

[+] Workmans Comp and Abstractors - . APS/NY (5 replies)
9/2/2008 10:36:23 PM (3576 views)

[+] Clear Vision Grand Rapids Michigan - Robin Ramberg/MI (2 replies)
9/2/2008 9:43:27 PM (3593 views)

[+] american abstract - Robin Ramberg/MI (2 replies)
9/2/2008 9:40:15 PM (3855 views)

[+] Real T. solutions - eblas/NV (4 replies)
9/2/2008 5:37:16 PM (6071 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 8977 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.

Hopdox Founder Paul Clifford Named 2026 Recipient of PRIA's Carl R. Ernst Founders Award
“Paul's impact on this industry is hard to overstate,” said Brian Boike, President of Hopdox. “From he...
Mortgage Applications Increase in Latest MBA Weekly Survey
"Mortgage rates reached their highest levels in four weeks as investors’ concerns about inflation and growing defi...
New York Housing Leader Warns Congress Gas Bans Undermine Affordability
“I see firsthand what that means for builders and home buyers,” Fazio said. “In colder climates, fully...
Stewart Expands Commercial Energy & Infrastructure Capabilities with Acquisition of Tower Title
Founded in 2019, Tower Title quickly became a leading national title company catering to the telecommunication industry,...
Large Metro Core Counties Drive Drop in Single-Family Market Share
“Builders are finding more opportunities in smaller metro areas, where developable land is generally more availabl...

Search Articles:
browse...

Classifieds

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

© 2020, Source of Title.