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[-] Dear Vendor Manager - Ricky Farrow/FL (13 replies)
7/8/2006 5:14:28 PM (3249 views)
Re: Dear Vendor Manager - Kevin Ahern/CT
7/9/2006 6:02:12 AM (4698 views)

Ricky,

Is this a letter that you are contemplating sending or one that you have already sent to a former client? I like the sentiment that is contained therein, but I think you should keep it more objective and not personalize this issue so much. The VM's do not care about how well you have served them in the past. All they care about is maximizing profit through increased demands for price reductions. In this business you are only as good as the last title search that you have performed.

I think you may have more success if you approach the problem from a position of strength. We are having a fairly good degree of success with bundling abstracting with closings and recordings. We do not perform abstracts unless we are also given the corresponding closings. When we are contacted for abstracting services we explain this to the VM. If we are contacted for the abstract, we would normally get the recording also, but we explain that they need to give us the closing in addition in return for an abstracting/recording fee that we both can live with. What we might choose to give up for the abstracting/recording fee we more than make up with the closing fee. If we are contacted to perform a closing, the abstract has usually already been perfomed, but we can often pick up the recording in addition to the closing in a package deal.

If you approach your VM's from a position of strength, bundle your services and demand some respect, I think you might be pleased with the results.

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Re: Dear Vendor Manager - George Booth/OH
7/9/2006 7:21:55 PM (4696 views)
Re: Dear Vendor Manager - Scott Perry/PA
7/9/2006 7:41:23 PM (4602 views)
Re: Dear Vendor Manager - George Booth/OH
7/9/2006 8:44:14 PM (4631 views)
Re: Dear Vendor Manager - Scott Perry/PA
7/10/2006 2:36:31 PM (4543 views)
Re: Dear Vendor Manager - Angelica Schneider/IN
7/10/2006 4:50:55 PM (4270 views)
OH! Old George Again - Kevin Ahern/CT
7/11/2006 1:32:55 PM (4426 views)
Re: OH! Old George Again - George Booth/OH
7/11/2006 4:27:37 PM (4216 views)
Re: OH! Old George Again - Kevin Ahern/CT
7/11/2006 5:49:28 PM (4091 views)
Re: Dear Vendor Manager - Sandra Morton/KS
7/10/2006 10:25:31 AM (4460 views)
Must say.... - Michael Toebe/KS
7/11/2006 5:51:19 PM (4188 views)
Re: Must say.... - Ricky Farrow/FL
7/11/2006 6:04:51 PM (4351 views)
Re: Must say.... - George Booth/OH
7/11/2006 7:57:19 PM (4101 views)

[+] Any recommendations - Phyllis /GA (1 reply)
7/8/2006 11:11:15 AM (2945 views)

[+] Jim Girardi - Jay Duncan/MO (6 replies)
7/6/2006 4:46:34 PM (3127 views)

[+] Trip fees- Multiple recordings- One for the independent abstractors - Matt Papsch/MD (15 replies)
7/6/2006 3:50:45 PM (3063 views)

[+] Contemporary Realty - Eboni/VA (8 replies)
7/6/2006 11:01:52 AM (3129 views)




[+] Commercial Search Fees - Wendi See/SC (9 replies)
7/6/2006 10:53:35 AM (3314 views)

[+] NATIONWIDE APPRAISAL... - Michael /KS (13 replies)
7/5/2006 6:46:27 PM (3288 views)

[+] I think I'm done consulting...... - George Booth/OH (6 replies)
7/5/2006 4:51:02 PM (3209 views)

[+] PROPERTY DOCUMENT NETWORK - ANDREW MOLLER/CT (1 reply)
7/5/2006 3:22:19 PM (3012 views)

[+] How do you build your title search business through out your state - Margaret Tobin/NC (1 reply)
7/5/2006 1:38:41 AM (2954 views)

[+] Liability over 1M? - Nathan Miller/KY (15 replies)
7/2/2006 8:47:16 PM (3230 views)

[+] Copy Fees - Julie Jasiunas/WI (8 replies)
6/29/2006 4:44:16 PM (3019 views)

[+] Are title agencies in trouble? - Mason Haas/NY (3 replies)
6/29/2006 8:08:03 AM (3287 views)

[+] Quick Question?? - Michaela Urban/OH (4 replies)
6/28/2006 9:54:50 PM (3053 views)

[+] Bringdown or Update - Margaret Tobin/NC (3 replies)
6/28/2006 6:59:29 PM (3135 views)


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