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[+] House committee on Title Insurance - STEVE MEINECKE/VA (4 replies)
5/2/2006 4:13:45 PM (4061 views)

[+] e&o insurance - PAM DESMARAIS/NC (1 reply)
5/1/2006 2:13:03 PM (2908 views)

[+] In ignorance we trust . . . - Michaela Urban/OH (21 replies)
5/1/2006 10:58:37 AM (3036 views)

[+] Another Dumb Question... - Scott Perry/PA (4 replies)
4/30/2006 2:07:16 PM (2974 views)

[+] prices - PAM DESMARAIS/NC (8 replies)
4/28/2006 8:31:08 PM (3024 views)




[+] Outsource to India??????? - Kevin Ahern/CT (8 replies)
4/26/2006 3:58:35 PM (3199 views)

[+] How do I setup in NJ - Mike/PA (1 reply)
4/24/2006 2:11:35 PM (2893 views)

[+] Our illustrious leaders at work..... - George Booth/OH (5 replies)
4/24/2006 9:40:34 AM (4015 views)

[+] Grantor/Grantee Indexes and mortgage releases - terry sutton/CT (4 replies)
4/22/2006 1:44:05 PM (3484 views)

[+] Education - J Nisonger/CA (2 replies)
4/19/2006 11:22:16 AM (4018 views)

[+] Renwal of SOT dues - STEVE MEINECKE/VA (1 reply)
4/17/2006 11:06:43 PM (2914 views)

[+] Title Problems up 11% from 2000 - Robert Franco/OH (8 replies)
4/17/2006 3:19:13 PM (2830 views)

[+] In Memory of Tom Kurzenberger - Pete Kisan/OH (3 replies)
4/17/2006 8:51:45 AM (4331 views)

[-] Abstracting Fees in 1973 - Robert Franco/OH (18 replies)
4/14/2006 12:12:20 PM (3024 views)
Re: Abstracting Fees in 1973 - STEVE MEINECKE/VA
4/14/2006 3:37:46 PM (4014 views)
Re: Abstracting Fees in 1973 - Douglas Gallant/OH
4/14/2006 5:49:09 PM (3969 views)
Re: Abstracting Fees in 1973 - STEVE MEINECKE/VA
4/14/2006 6:37:37 PM (3922 views)
Re: Abstracting Fees in 1973 - Lisa Ramsey/TX
4/14/2006 8:30:42 PM (4019 views)
Re: Abstracting Fees in 1973 - Robert Franco/OH
4/15/2006 12:39:55 PM (3902 views)
Re: Abstracting Fees in 1973 - Lisa Ramsey/TX
4/15/2006 3:30:14 PM (3865 views)
Re: Abstracting Fees in 1973 - Sanford Bleich/NY
4/17/2006 12:28:50 PM (3815 views)
Re: Abstracting Fees in 1973 - john franz/NJ
4/17/2006 3:07:53 PM (3860 views)

When I started in NJ in 1975 a continuation search was $35, now it is usually $80 but more and more I face competition from new (i.e. inexperienced, untrained) abstract companies that undercut my prices. My current fee for a full 60 year search is currently $125, the most expensive in my county. The title agent can only charge $105 and they have to eat the extra $20 unless I can charge separately for copies. NJ is a "metes and bounds" state and here in Warren County we are still cutting up farms. It has always bothered me that the more complicated the search is the less I make. Many of my competitors are not able to do the tough complicated searches but are more than willing to steal my continuations.

Prior to the last few years I always figured that the continuation search prices helped to subsidize the tiny profit on full searches. Now I wish I could just do continuations, but it is mind-numbing work.

And yes Sandy, I remember when a rush meant less than 2 weeks. I have clients now who demand 24 hour turnaround. Prospective clients used to question me about my experience and abilities, now all they ask is "what is your turnaround and how low can you go on the price?".



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Re: Abstracting Fees in 1973 - Robert Franco/OH
4/17/2006 3:29:24 PM (3965 views)
Re: Abstracting Fees in 1973 - Shannon Finnessy/WI
4/17/2006 12:50:36 PM (3883 views)
Hardly a rant, Robert - Michael/KS
4/17/2006 2:39:29 PM (3951 views)
Re: Hardly a rant, Robert - Robert Franco/OH
4/17/2006 2:57:09 PM (3918 views)
Re: Abstracting Fees in 1973 - charles jetter/OH
4/17/2006 4:01:16 PM (3885 views)
Re: Abstracting Fees in 1973 - Kevin Ahern/CT
4/17/2006 4:04:00 PM (3927 views)
Re: Abstracting Fees in 1973 - Robert Franco/OH
4/17/2006 6:52:02 PM (3944 views)
Re: Abstracting Fees in 1973 - Matthew Sharpe/OH
4/17/2006 5:11:55 PM (3874 views)
Re: Abstracting Fees in 1973 - Danielle Nelson/WI
4/18/2006 3:01:39 PM (3939 views)
Re: Abstracting Fees in 1973 - Kevin Ahern/CT
4/19/2006 8:41:38 AM (3862 views)

[+] Venting about no finds - Deborah Manion/VA (20 replies)
4/13/2006 9:08:47 AM (3079 views)


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