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[-] Dear Vendor Manager - Ricky Farrow/FL (13 replies)
7/8/2006 5:14:28 PM (3225 views)
Re: Dear Vendor Manager - Kevin Ahern/CT
7/9/2006 6:02:12 AM (4620 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 (4622 views)
Re: Dear Vendor Manager - Scott Perry/PA
7/9/2006 7:41:23 PM (4526 views)
Re: Dear Vendor Manager - George Booth/OH
7/9/2006 8:44:14 PM (4557 views)
Re: Dear Vendor Manager - Scott Perry/PA
7/10/2006 2:36:31 PM (4459 views)
Re: Dear Vendor Manager - Angelica Schneider/IN
7/10/2006 4:50:55 PM (4187 views)
OH! Old George Again - Kevin Ahern/CT
7/11/2006 1:32:55 PM (4346 views)
Re: OH! Old George Again - George Booth/OH
7/11/2006 4:27:37 PM (4125 views)
Re: OH! Old George Again - Kevin Ahern/CT
7/11/2006 5:49:28 PM (4016 views)
Re: Dear Vendor Manager - Sandra Morton/KS
7/10/2006 10:25:31 AM (4375 views)
Must say.... - Michael Toebe/KS
7/11/2006 5:51:19 PM (4110 views)
Re: Must say.... - Ricky Farrow/FL
7/11/2006 6:04:51 PM (4273 views)
Re: Must say.... - George Booth/OH
7/11/2006 7:57:19 PM (4021 views)

[+] Any recommendations - Phyllis /GA (1 reply)
7/8/2006 11:11:15 AM (2926 views)

[+] Jim Girardi - Jay Duncan/MO (6 replies)
7/6/2006 4:46:34 PM (3115 views)

[+] Trip fees- Multiple recordings- One for the independent abstractors - Matt Papsch/MD (15 replies)
7/6/2006 3:50:45 PM (3051 views)

[+] Contemporary Realty - Eboni/VA (8 replies)
7/6/2006 11:01:52 AM (3115 views)




[+] Commercial Search Fees - Wendi See/SC (9 replies)
7/6/2006 10:53:35 AM (3299 views)

[+] NATIONWIDE APPRAISAL... - Michael /KS (13 replies)
7/5/2006 6:46:27 PM (3277 views)

[+] I think I'm done consulting...... - George Booth/OH (6 replies)
7/5/2006 4:51:02 PM (3201 views)

[+] PROPERTY DOCUMENT NETWORK - ANDREW MOLLER/CT (1 reply)
7/5/2006 3:22:19 PM (3002 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 (2942 views)

[+] Liability over 1M? - Nathan Miller/KY (15 replies)
7/2/2006 8:47:16 PM (3220 views)

[+] Copy Fees - Julie Jasiunas/WI (8 replies)
6/29/2006 4:44:16 PM (3002 views)

[+] Are title agencies in trouble? - Mason Haas/NY (3 replies)
6/29/2006 8:08:03 AM (3271 views)

[+] Quick Question?? - Michaela Urban/OH (4 replies)
6/28/2006 9:54:50 PM (3042 views)

[+] Bringdown or Update - Margaret Tobin/NC (3 replies)
6/28/2006 6:59:29 PM (3112 views)


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