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[+] ALTA Condemns Consumer Reports' Article RE: Title Insurance - Jarrod Clabaugh/OH (6 replies)
7/10/2006 2:49:33 PM (4464 views)

[+] 920 Hewlett Packard Capshare - Christine Sheeler/PA (3 replies)
7/10/2006 12:59:29 PM (2900 views)

EREVNA RESEARCH - Becky Kale/IL
7/10/2006 12:04:00 PM (3049 views)

[+] Too Many Keys - David Bloys/TX (6 replies)
7/8/2006 7:36:02 PM (2869 views)

[-] Dear Vendor Manager - Ricky Farrow/FL (13 replies)
7/8/2006 5:14:28 PM (3029 views)
Re: Dear Vendor Manager - Kevin Ahern/CT
7/9/2006 6:02:12 AM (4100 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 (4140 views)
Re: Dear Vendor Manager - Scott Perry/PA
7/9/2006 7:41:23 PM (4067 views)
Re: Dear Vendor Manager - George Booth/OH
7/9/2006 8:44:14 PM (4108 views)
Re: Dear Vendor Manager - Scott Perry/PA
7/10/2006 2:36:31 PM (3985 views)
Re: Dear Vendor Manager - Angelica Schneider/IN
7/10/2006 4:50:55 PM (3760 views)
OH! Old George Again - Kevin Ahern/CT
7/11/2006 1:32:55 PM (3880 views)
Re: OH! Old George Again - George Booth/OH
7/11/2006 4:27:37 PM (3666 views)
Re: OH! Old George Again - Kevin Ahern/CT
7/11/2006 5:49:28 PM (3572 views)
Re: Dear Vendor Manager - Sandra Morton/KS
7/10/2006 10:25:31 AM (3922 views)
Must say.... - Michael Toebe/KS
7/11/2006 5:51:19 PM (3678 views)
Re: Must say.... - Ricky Farrow/FL
7/11/2006 6:04:51 PM (3787 views)
Re: Must say.... - George Booth/OH
7/11/2006 7:57:19 PM (3540 views)


Real Title Services


[+] Any recommendations - Phyllis /GA (1 reply)
7/8/2006 11:11:15 AM (2779 views)

[+] Jim Girardi - Jay Duncan/MO (6 replies)
7/6/2006 4:46:34 PM (2972 views)

[+] Trip fees- Multiple recordings- One for the independent abstractors - Matt Papsch/MD (15 replies)
7/6/2006 3:50:45 PM (2920 views)

[+] Contemporary Realty - Eboni/VA (8 replies)
7/6/2006 11:01:52 AM (2986 views)

[+] Commercial Search Fees - Wendi See/SC (9 replies)
7/6/2006 10:53:35 AM (3162 views)

[+] NATIONWIDE APPRAISAL... - Michael /KS (13 replies)
7/5/2006 6:46:27 PM (3135 views)

[+] I think I'm done consulting...... - George Booth/OH (6 replies)
7/5/2006 4:51:02 PM (3060 views)

[+] PROPERTY DOCUMENT NETWORK - ANDREW MOLLER/CT (1 reply)
7/5/2006 3:22:19 PM (2860 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 (2810 views)

[+] Liability over 1M? - Nathan Miller/KY (15 replies)
7/2/2006 8:47:16 PM (3066 views)


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