AbstractorPro (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



[+] What are the odds of a Recession - STEVE MEINECKE/TN (1 reply)
1/13/2008 12:29:29 PM (3525 views)

[+] How I deal with late payers - Ronda Roaring/NY (4 replies)
1/11/2008 2:14:54 PM (2649 views)

[-] Cresent Title Agency - Theresa Ritz/WV (7 replies)
1/11/2008 10:42:41 AM (2729 views)
Re: Cresent Title Agency - Chris Thomas/OH
1/14/2008 12:17:45 AM (2559 views)
They owe me money also Theresa.  I talked to one of their employees in early October and he indicated that they were, "going through some tough times" and told me to "hang in there and they would try to get back on their feet again soon."  Obviously I didn't ask the right questions though, and he didn't mention that they were closing during our conversation. 

I drove by their office during business hours in late November and it was locked and dark inside.  Upon a glance in the window, a few boxes with what appeared to be phone equipment were the only remaining items. 

Until mid '07, they were my #1 client for years; easy to work with and always paid on time.  Due to the fact that their phone, fax, email contacts are all shut down, I think it's safe to say that they have closed their business, if not for good, at least for now.  I hope they resurface someday or at least that their longtime employees find jobs elsewhere.  As for what they owe their examiners; I'm not getting my hopes up at this point.

It's so tricky to collect these days.  On one hand we don't want to be overbearing since the market is so competitive and "slow, but usually sure" paying clients can easily find another examiner.  On the other hand, when you've had 2 or 3 clients go out of business owing 3 or 4 month's invoices / a few thousand dollars then it becomes obvious that we were wasting valuable resources (paying employees for performing the exams, impacting vital turnaround times for paying clients, etc) for what amounted to charity to the owners of the companies who knew they were never going to pay us.  A quarter of college tuition for my child traded in for one last week at the timeshare condo on the coast for the owners of these now defunct companies is a good trade.......for them.  (sarcasm there, btw and Crescent DIDN'T do that to my company although they very well could've since they were a consistantly on time paying, trusted client for years in which case I likely would've been flexible should they have gotten 2 or 3 months behind.)  There are a lot of good suggestions in these forums re. late paying clients, however.  Having my former "#1 volume" client go under has definitely changed my personal policy for tolerating late paying clients. 

Good luck and hopefully all of us who've been examining for years will make it through.  Months?  Maybe we'll make it.  Year(s)?  I might regret learning Spanish in h/s and college rather than Hindi.  (Ugh, more sarcasm, albeit the ugly truth.)   

to post a reply: login - or - register


Re: Cresent Title Agency - Theresa Ritz/WV
1/14/2008 5:27:23 AM (2547 views)
Re: Cresent Title Agency - Kevin Ahern/CT
1/14/2008 7:50:17 AM (2496 views)
Re: Cresent Title Agency - Chris Thomas/OH
1/14/2008 11:11:01 AM (2709 views)
Re: Cresent Title Agency - Lorrie  Todd/GA
1/14/2008 11:02:29 AM (2567 views)
Re: Cresent Title Agency - george Hubka/MI
1/22/2008 9:03:53 PM (2518 views)
Re: Cresent Title Agency - Kevin Ahern/CT
1/23/2008 11:10:24 AM (2454 views)

[+] Global Title Reporting Services - J Nisonger/CA (3 replies)
1/10/2008 2:15:33 PM (2576 views)

[+] Abstractorsearch.com - J Nisonger/CA (12 replies)
1/10/2008 2:10:29 PM (2740 views)




[+] Citigroup Coughing and Countrywide Choking - Jay Duncan/MO (13 replies)
1/8/2008 4:34:38 PM (3562 views)

Paradise Settlement Services - VIVIAN SLYKER/OH
1/8/2008 2:28:47 PM (2941 views)

[+] E&O Insurance - Joe Kalmon/WI (1 reply)
1/8/2008 2:02:50 PM (2581 views)

[+] The latest on Express Financial - Ronda Roaring/NY (2 replies)
1/8/2008 11:56:17 AM (2432 views)

[+] National TItlenet, LLC - Glenda Hodge/TN (5 replies)
1/8/2008 11:24:40 AM (3438 views)

[+] Anyone having trouble getting paid from Alabama Title and Signing Service - Rhonda Peters/LA (2 replies)
1/8/2008 12:42:43 AM (2322 views)

[+] Contemporary Realty Solutions - HAL DICKSON/VA (2 replies)
1/7/2008 8:39:23 PM (2480 views)

[+] Proper pricing for the work provided - Abstractor/DC (3 replies)
1/7/2008 5:05:45 PM (2459 views)

[+] "T'was in another lifetime...one of toil and blood" - Kevin Ahern/CT (14 replies)
1/7/2008 1:57:21 PM (2483 views)

Land Options, Pittsburgh PA - Loretta Reed/MD
1/7/2008 8:10:08 AM (2259 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 8923 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:

Unveiling the Costs: Why Commercial Title Searches Command a Premium
Security American's Blog
2024/04/17
0 comments

Protecting Your Home: The Ins and Outs of Deed Theft and How to Shield Yourself
Security American's Blog
2024/03/21
0 comments

Exploring the Implications of Eliminating Mandatory Title Insurance
Security American's Blog
2024/03/11
0 comments

Articles

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

Existing-Home Sales Edged Lower by 0.7% in May as Median Sales Price Reached Record High of $419,300
"Home prices reaching new highs are creating a wider divide between those owning properties and those who wish to be fir...
Housing Starts Retreat in May
“Overall lower housing production correspond with our latest industry surveys, which show builders are concerned w...
ALTA Reports Q1 2024 Title Insurance Premium Volume
The title insurance industry generated $3.35 billion in title insurance premiums during the first quarter of 2024 compar...
Stewart Title National Commercial Services Launches New Dedicated Hospitality Group
“The creation of our National Hospitality Group represents the latest offering of highly specialized focus and ser...
Fathom Holdings' Subsidiary, Verus Title, Expands Footprint in Utah, Colorado, and Virginia through the Addition of LW Traveling Title
Verus Title, a wholly owned subsidiary of Fathom Holdings Inc., a national, technology-driven, end-to-end real estate se...

Search Articles:
browse...

Classifieds

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

LOCAL SEARCHERS (PA& EVERYWHERE)-WE PAY
June 04 2024
We are an AMERICAN production and marketplace company, working with most of the major underwriters and Seeking LOCAL independant title searcher(s) for regular work in the following PA counties:
Huntingdon
Mifflin
Juniata
Greene
Warren
Cameron...[more info]


link
email
© 2020, Source of Title.