Just think if those of us that do what we do had priced our products as a percentage of the loan/sales price like those realtors, title insurance companies and banks that have big shiney buildings with their respective names and logos on the corners of them. I don't hear them saying they are having tough times when things slow down or do they have anyone asking them to "cut their fees" , especially if they are asked to do so if they are given "volume work" to accomplish. We just have to let your clients know that our fees are going up , because the Antarctic ice shelf is breaking up, the pending hurricane season might be a little more aggressive this year, and the price of doing business just is not as cheap as it was back in the 70's! As I recall the price of gasoline back during the rationing we experienced then topped out at about 60 cents a gal- I drove a Honda 600 coupe so a fill up was only $3.60 -( I still have one of those cars ,too-gets about 50mi.gal) so the gas prices have gone up about 5 times since then and our COBD's are still at 70's prices.Settlement companies are charging a lot more than that on HUD-1, lines 1102 &1103 when they know it is illegal to do so.
We can only hope things will get a bit more equal.
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