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[+] How do I setup in NJ - Mike/PA (1 reply)
4/24/2006 2:11:35 PM (2607 views)

[+] Our illustrious leaders at work..... - George Booth/OH (5 replies)
4/24/2006 9:40:34 AM (3693 views)

[+] Grantor/Grantee Indexes and mortgage releases - terry sutton/CT (4 replies)
4/22/2006 1:44:05 PM (3166 views)

[+] Education - J Nisonger/CA (2 replies)
4/19/2006 11:22:16 AM (3690 views)

[+] Renwal of SOT dues - STEVE MEINECKE/VA (1 reply)
4/17/2006 11:06:43 PM (2653 views)




[+] Title Problems up 11% from 2000 - Robert Franco/OH (8 replies)
4/17/2006 3:19:13 PM (2599 views)

[+] In Memory of Tom Kurzenberger - Pete Kisan/OH (3 replies)
4/17/2006 8:51:45 AM (4021 views)

[-] Abstracting Fees in 1973 - Robert Franco/OH (18 replies)
4/14/2006 12:12:20 PM (2735 views)
Re: Abstracting Fees in 1973 - STEVE MEINECKE/VA
4/14/2006 3:37:46 PM (3214 views)
Re: Abstracting Fees in 1973 - Douglas Gallant/OH
4/14/2006 5:49:09 PM (3143 views)
Re: Abstracting Fees in 1973 - STEVE MEINECKE/VA
4/14/2006 6:37:37 PM (3134 views)
Re: Abstracting Fees in 1973 - Lisa Ramsey/TX
4/14/2006 8:30:42 PM (3154 views)
Re: Abstracting Fees in 1973 - Robert Franco/OH
4/15/2006 12:39:55 PM (3121 views)
Re: Abstracting Fees in 1973 - Lisa Ramsey/TX
4/15/2006 3:30:14 PM (3093 views)
Re: Abstracting Fees in 1973 - Sanford Bleich/NY
4/17/2006 12:28:50 PM (3058 views)
Re: Abstracting Fees in 1973 - john franz/NJ
4/17/2006 3:07:53 PM (3093 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 (3131 views)
Re: Abstracting Fees in 1973 - Shannon Finnessy/WI
4/17/2006 12:50:36 PM (3091 views)
Hardly a rant, Robert - Michael/KS
4/17/2006 2:39:29 PM (3170 views)
Re: Hardly a rant, Robert - Robert Franco/OH
4/17/2006 2:57:09 PM (3082 views)
Re: Abstracting Fees in 1973 - charles jetter/OH
4/17/2006 4:01:16 PM (3109 views)
Re: Abstracting Fees in 1973 - Kevin Ahern/CT
4/17/2006 4:04:00 PM (3136 views)
Re: Abstracting Fees in 1973 - Robert Franco/OH
4/17/2006 6:52:02 PM (3131 views)
Re: Abstracting Fees in 1973 - Matthew Sharpe/OH
4/17/2006 5:11:55 PM (3090 views)
Re: Abstracting Fees in 1973 - Danielle Nelson/WI
4/18/2006 3:01:39 PM (3121 views)
Re: Abstracting Fees in 1973 - Kevin Ahern/CT
4/19/2006 8:41:38 AM (3088 views)

[+] Venting about no finds - Deborah Manion/VA (20 replies)
4/13/2006 9:08:47 AM (2771 views)

Fantastic Article from Computer World - David Bloys/TX
4/12/2006 10:08:27 PM (3207 views)

[+] NALTEA Membership Drive - Patrick Scott/IL (2 replies)
4/12/2006 8:03:04 PM (2320 views)

Caldwell Banker / One Thousand Abstracts Express - Danielle Nelson/WI
4/12/2006 2:50:58 PM (2186 views)

[+] Education - J Nisonger/CA (10 replies)
4/12/2006 2:29:17 AM (2443 views)

[+] Congratulations Kelly J Pinion! - David Bloys/TX (1 reply)
4/11/2006 11:10:09 PM (2425 views)

[+] Immigration Protests - Kevin Horan/PA (14 replies)
4/11/2006 12:36:57 PM (2383 views)


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