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[+] Question: Adjustable Rate Mortgages - Todd Mathews/FL (3 replies)
1/22/2008 11:28:20 AM (2547 views)

[-] QUESTION -- billing practices, philosophy - Joe Ab/AZ (4 replies)
1/18/2008 1:39:35 PM (2610 views)
How do most abstractors bill orders.

For example, current owner searches?

The reason I ask is this -- my first clients, four years ago, were straight forward, do a current owner and gather a copy of a deed. Most of my clients were this way.

So I extended the same pricing to all of them.

Now, the requests are much more varied and the time and effort requirements are different. Sometimes the requests don't prove to matter as far as my time and effort expenditure but sometimes they change things significantly, requiring much more time and effort.

So, is it acceptable or out of line to bill differently, from a current owner with just a deed request and a current owner with a 12-month chain or a 24-month chain or a PMM? One county I cover does not have index books. You have to leave the register of deeds, hit the clerk, find the subdivision or metes and bounds book to look in, do so and then find a transfer date, then return to the register of deeds, pull another book, then go to film and look for your document. As you know, sometimes a longer chain of title opens up a Pandora's box of grief -- a divorce, more than one divorce, probates, and other "kinks."

I equate extra requests to both a restaurant and buying a car. You visit a restaurant, order a meal, then ask for extra sour cream, a beer and dessert. The owner can't "give" that to you for free and justify it. You also can't buy a new car and say, "hey, can I get that with leather seats, a GPS, a 12-disc CD player, tinted windows" and then add "for free."

Opinions, on both sides of the fence?

Yes, the market is volatile now but curious. Feel I'm either overcharging the companies that don't ask for all the freebies or giving away "product" to those who expect freebies.

Thanks
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Re: QUESTION -- billing practices, philosophy - Jessica Talley/NJ
1/18/2008 6:43:29 PM (2531 views)
Re: QUESTION -- billing practices, philosophy - Joe Ab/AK
1/18/2008 11:25:56 PM (2488 views)
Re: QUESTION -- billing practices, philosophy - Jessica Talley/NJ
1/19/2008 11:37:33 AM (2422 views)
Re: QUESTION -- billing practices, philosophy - Dan Zook/NY
1/22/2008 9:14:13 AM (2350 views)

[+] APEX TITLE AND ESCROW - RICHARD DAVIS/TN (27 replies)
1/18/2008 8:24:59 AM (3156 views)

[+] Kansas Abstractors, help? - Kansas Abstractor/KS (1 reply)
1/17/2008 9:59:49 PM (2548 views)

[+] NALTEA Conference Starts Tomorrow - Jay Duncan/MO (2 replies)
1/17/2008 5:09:29 PM (2298 views)




[+] Solicitation -- state of the industry & 2008 - MX/CO (6 replies)
1/16/2008 1:42:56 AM (2635 views)

[+] Navy Federal Settlement Services - Wendi See/SC (6 replies)
1/15/2008 8:46:17 PM (4002 views)

[+] Liberty Bell Agency (Pennsylvania) New Requirements - David Kaul/PA (1 reply)
1/14/2008 11:31:18 PM (2665 views)

[+] National Document Retrieval - arlene nelson/NY (8 replies)
1/14/2008 12:50:29 PM (2848 views)

[+] anthony muzio - arlene nelson/NY (7 replies)
1/14/2008 12:39:54 PM (3562 views)

Plymouth Exchange Mortgage Corp - Dexter Jung/TX
1/14/2008 8:53:54 AM (3191 views)

[+] What are the odds of a Recession - STEVE MEINECKE/TN (1 reply)
1/13/2008 12:29:29 PM (3517 views)

[+] How I deal with late payers - Ronda Roaring/NY (4 replies)
1/11/2008 2:14:54 PM (2641 views)

[+] Cresent Title Agency - Theresa Ritz/WV (7 replies)
1/11/2008 10:42:41 AM (2714 views)

[+] Global Title Reporting Services - J Nisonger/CA (3 replies)
1/10/2008 2:15:33 PM (2562 views)


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