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Discussion
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[+] Question: Adjustable Rate Mortgages - Todd Mathews/FL (3 replies)
1/22/2008 11:28:20 AM (2806 views)

[-] QUESTION -- billing practices, philosophy - Joe Ab/AZ (4 replies)
1/18/2008 1:39:35 PM (2887 views)
Re: QUESTION -- billing practices, philosophy - Jessica Talley/NJ
1/18/2008 6:43:29 PM (3284 views)
Re: QUESTION -- billing practices, philosophy - Joe Ab/AK
1/18/2008 11:25:56 PM (3238 views)
Re: QUESTION -- billing practices, philosophy - Jessica Talley/NJ
1/19/2008 11:37:33 AM (3182 views)
Re: QUESTION -- billing practices, philosophy - Dan Zook/NY
1/22/2008 9:14:13 AM (3073 views)

I know I am gonna get hammered for this, but we rarely charge more for a complex search.  At the same time we never discount for an easy search.  These two used to balance out, but with most of the easy searches being processed online & through title plants now, ALL thwe searches we get tend to be complex.

Our company is fairly new (less than 10 yrs) and operates only in 3 major metropolitan areas where the competition is remarkable (L.A., S.F. & N.Y.)  That means that by the time a search gets to us the client has probably tried just about everything else :-) 

The one recourse we have been using more frequently is the research fee.  If a search turns into a monster we estimate the number of hours and stop work until the client approves the hourly rate or goes elsewhere.  Of course we then have to fight to get the client to actually PAY the research fee - we try to get approval in writing before doing the work which helps a little.

As I close out last year I am able to see the deadbeats and I gotta admit, it's not so bad for us.  Only about 2% of our invoices go past 90 days, and far less than 1% actually go unpaid.  Maybe we are just lucky.

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[+] APEX TITLE AND ESCROW - RICHARD DAVIS/TN (27 replies)
1/18/2008 8:24:59 AM (3429 views)

[+] Kansas Abstractors, help? - Kansas Abstractor/KS (1 reply)
1/17/2008 9:59:49 PM (2810 views)

[+] NALTEA Conference Starts Tomorrow - Jay Duncan/MO (2 replies)
1/17/2008 5:09:29 PM (2553 views)




[+] Solicitation -- state of the industry & 2008 - MX/CO (6 replies)
1/16/2008 1:42:56 AM (2902 views)

[+] Navy Federal Settlement Services - Wendi See/SC (6 replies)
1/15/2008 8:46:17 PM (4273 views)

[+] Liberty Bell Agency (Pennsylvania) New Requirements - David Kaul/PA (1 reply)
1/14/2008 11:31:18 PM (2918 views)

[+] National Document Retrieval - arlene nelson/NY (8 replies)
1/14/2008 12:50:29 PM (3147 views)

[+] anthony muzio - arlene nelson/NY (7 replies)
1/14/2008 12:39:54 PM (3887 views)

Plymouth Exchange Mortgage Corp - Dexter Jung/TX
1/14/2008 8:53:54 AM (3413 views)

[+] What are the odds of a Recession - STEVE MEINECKE/TN (1 reply)
1/13/2008 12:29:29 PM (3840 views)

[+] How I deal with late payers - Ronda Roaring/NY (4 replies)
1/11/2008 2:14:54 PM (2940 views)

[+] Cresent Title Agency - Theresa Ritz/WV (7 replies)
1/11/2008 10:42:41 AM (3003 views)

[+] Global Title Reporting Services - J Nisonger/CA (3 replies)
1/10/2008 2:15:33 PM (2844 views)


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