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Naltea Web-Site Is Up - Jay Duncan/MO
3/8/2006 10:16:37 AM (2712 views)

[+] DIY Closings?? - Robert Franco/OH (17 replies)
3/7/2006 1:42:45 PM (2114 views)

[+] Spotlight - J Nisonger/CA (2 replies)
3/7/2006 12:00:19 PM (2057 views)

Naltea Web-Site and E-mail - Jay Duncan/MO
3/7/2006 10:19:42 AM (2793 views)

Down-time... - Robert Franco/OH
3/7/2006 10:09:10 AM (1750 views)




Credit Where Credit is Due - Scott Perry/PA
3/6/2006 8:43:46 PM (1611 views)

[-] What's up with Nationwide? (NASCOPGH) - Daphne Gray/CA (44 replies)
3/6/2006 12:52:16 PM (2343 views)
Re: What's up with Nationwide? (NASCOPGH) - Kevin Ahern/CT
3/6/2006 1:06:21 PM (2797 views)
Re: What's up with Nationwide? (NASCOPGH) - Robert Franco/OH
3/6/2006 1:07:16 PM (2628 views)
Re: What's up with Nationwide? (NASCOPGH) - Wendi See/SC
3/6/2006 1:13:01 PM (2625 views)
Re: What's up with Nationwide? (NASCOPGH) - Kevin Ahern/CT
3/6/2006 1:24:20 PM (2584 views)
Re: What's up with Nationwide? (NASCOPGH) - Kevin Ahern/CT
3/8/2006 12:03:40 PM (2508 views)
Re: What's up with Nationwide? (NASCOPGH) - Robert Franco/OH
3/8/2006 1:15:48 PM (2549 views)
Re: What's up with Nationwide? (NASCOPGH) - Wendi See/SC
3/6/2006 1:08:10 PM (2567 views)
Re: What's up with Nationwide? (NASCOPGH) - Scott Perry/PA
3/6/2006 6:38:55 PM (2593 views)
Re: What's up with Nationwide? (NASCOPGH) - Robert Breakell/CT
3/6/2006 6:45:48 PM (2586 views)
BOYCOTT Nationwide? (NASCOPGH) - John OConnor/IL
3/7/2006 1:21:20 PM (2641 views)
Re: BOYCOTT Nationwide? (NASCOPGH) - Jason Sheppard/PA
3/7/2006 1:48:53 PM (2546 views)
Re: BOYCOTT Nationwide? (NASCOPGH) - Robert Franco/OH
3/7/2006 1:58:40 PM (2561 views)
Re: BOYCOTT Nationwide? (NASCOPGH) - Jason Sheppard/PA
3/7/2006 2:05:13 PM (2612 views)
Re: BOYCOTT Nationwide? (NASCOPGH) - David Bloys/TX
3/7/2006 2:23:39 PM (2584 views)
Re: BOYCOTT Nationwide? (NASCOPGH) - Jason Sheppard/PA
3/7/2006 2:29:35 PM (2596 views)
Re: BOYCOTT Nationwide? (NASCOPGH) - Robert Franco/OH
3/7/2006 2:24:03 PM (2571 views)
Re: BOYCOTT Nationwide? (NASCOPGH) - Jason Sheppard/PA
3/7/2006 2:33:23 PM (2614 views)
Re: BOYCOTT Nationwide? (NASCOPGH) - David Bloys/TX
3/7/2006 2:07:16 PM (2609 views)
Re: BOYCOTT Nationwide? (NASCOPGH) - Jason Sheppard/PA
3/7/2006 2:14:37 PM (2590 views)
Re: BOYCOTT Nationwide? (NASCOPGH) - David Bloys/TX
3/7/2006 5:53:33 PM (2510 views)
Re: BOYCOTT Nationwide? (NASCOPGH) - Kevin Ahern/CT
3/8/2006 5:21:31 PM (2494 views)
Re: BOYCOTT Nationwide? (NASCOPGH) - Patrick Scott/IL
3/7/2006 2:46:54 PM (2541 views)
Re: BOYCOTT Nationwide? (NASCOPGH) - Jason Sheppard/PA
3/7/2006 2:51:35 PM (2486 views)
Re: What's up with Nationwide? (NASCOPGH) - Angelica Schneider/IN
3/7/2006 8:33:03 PM (2517 views)
Re: What's up with Nationwide? (NASCOPGH) - Jason Sheppard/PA
3/7/2006 10:20:07 PM (2522 views)
Re: What's up with Nationwide? (NASCOPGH) - David Bloys/TX
3/8/2006 2:29:25 PM (2490 views)
Re: What's up with Nationwide? (NASCOPGH) - STEVE MEINECKE/VA
3/8/2006 6:28:09 PM (2421 views)
Re: What's up with Nationwide? (NASCOPGH) - Norean/GA
3/8/2006 9:49:26 PM (2466 views)
Re: What's up with Nationwide? (NASCOPGH) - Tammy Knight/MO
3/9/2006 1:43:47 AM (2570 views)
Re: What's up with Nationwide? (NASCOPGH) - Wanda Steudel/OH
3/9/2006 12:07:10 PM (2400 views)

I have read all the post regarding Nationwide, with great interest.  I am one of those people, who try to get into this forum as often as I can & read all the postings, but I rarely post myself.  Not from lack on interest, mostly lack of time.  Sometimes it is because there is just nothing left to say.  That is probably the case here, but I was compelled to put in my two cents anyway.
First of all I think that ALL of you are correct in what you have posted.  I worked for VM companies for 16+ years. I was in middle management.  I do abstract work for some now.  I have many friends still working for VMs.  I am sure that there are searchers, who have never had problems & there some who have had nothing but problems from the same client.  It is true that the people that you usually deal with on the phone, are doing what they have been told to do.  However in some case these people have been instructed and trained to treat abstractors as a necessary evil.  They are told that they have to keep at abstractors all the time, most of the abstractors don't know what they are doing.  Abstractors are lazy, their work is easy, they won't meet your turn times if you don't keep after them.  If you can't keep your abstractors in line, you could lose your job.  Of course the people that are telling them this, in most cases have never been to a court house in their life.  And while it is also true that they are just doing their job, some people take that to a different level.  There are ways of doing your job that don't involve demeaning or angering the person you have to deal with (this works both ways).  I have trained many people throughout my career and never have I ever condoned any of my employees mistreating any of our business partners. 
As far as Pricing & asking searchers to lower their fees, all of us understand profit margins.  Your bring in money & you pay the bills, hopefully there is something left over.  What do we do when it doesn't.  We try to cut our expenses.  In my experience with the VM's they do this by laying people off, and cutting vendors fees.  The BIG difference is that in some cases the reason that the VM's are in trouble is that they have over extended themselves, paid REALLY BIG bonuses to the REALLY IMPORTANT people, and reveled in the PERKS of Corporate America.  (We have ENRON's in our industry too).  They may still have a good profit margin, but they aren't getting as big a bonus as they are used to.  I know someone in a VM company whose Bonus is determined on how many Abstractors she can get to lower their fees.  This is her sole, full time job.  How many times have we seen the principals from a company, close that company, put all their employees out of work & then open another company & start all over again. 
Not all VM's companies are the same, just as not all Abstractors are the same.  But as for lowering my fees,  ABSOLUTLY NOT!!!!!  Maybe I will lose some of their work, but as far as I am concerned abstractors are already underpaid.  If I lower my fees, I will have to let some of my people go, and I haven't had a bonus in years!!!!!

Wanda Steudel
AccuSearch

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Re: What's up with Nationwide? (NASCOPGH) - Wanda Steudel/OH
3/9/2006 12:13:13 PM (2453 views)
Re: What's up with Nationwide? (NASCOPGH) - Scott Perry/PA
3/9/2006 4:54:40 PM (2418 views)
Re: What's up with Nationwide? (NASCOPGH) - Robert Franco/OH
3/9/2006 1:29:18 PM (2497 views)
Re: What's up with Nationwide? (NASCOPGH) - Rachel Malone/PA
3/9/2006 8:23:45 PM (2459 views)
Re: What's up with Nationwide? (NASCOPGH) - George Booth/OH
3/9/2006 9:57:12 PM (2518 views)
Re: What's up with Nationwide? (NASCOPGH) - Patrick Scott/IL
3/9/2006 11:03:26 PM (2293 views)
Re: What's up with Nationwide? (NASCOPGH) - Wanda Steudel/OH
3/10/2006 10:02:53 AM (2393 views)
Re: What's up with Nationwide? (NASCOPGH) - Lisa Ramsey/TX
3/10/2006 11:41:51 AM (2364 views)
Re: What's up with Nationwide? (NASCOPGH) - Rachel Malone/PA
3/11/2006 7:39:48 AM (2460 views)
Re: What's up with Nationwide? (NASCOPGH) - Kevin Ahern/CT
3/10/2006 4:19:44 PM (2453 views)
Re: What's up with Nationwide? (NASCOPGH) - Rachel Malone/PA
3/11/2006 7:25:48 AM (2431 views)
Re: What's up with Nationwide? (NASCOPGH) - Norean/GA
3/11/2006 9:00:37 AM (2406 views)
Re: What's up with Nationwide? (NASCOPGH) - Kevin Ahern/CT
3/11/2006 11:18:48 AM (2334 views)
Re: What's up with Nationwide? (NASCOPGH) - Rachel Malone/PA
3/13/2006 8:02:49 AM (2465 views)

[+] Ricky Reese Farrow - Robert Franco/OH (8 replies)
3/6/2006 10:47:57 AM (2285 views)

[+] Horse and Buggy - Lisa Ramsey/TX (3 replies)
3/4/2006 12:25:14 PM (2145 views)

[+] India again... - J Nisonger/CA (14 replies)
3/3/2006 11:05:07 PM (2202 views)

[+] Reliable Property - Cristina James/AR (2 replies)
3/3/2006 5:48:30 PM (2182 views)

[+] Interesting Online NON Privacy Article... From USA TODAY - Jason Sheppard/PA (1 reply)
3/3/2006 5:46:51 PM (3345 views)

Ohhh... I have to vent... - Loretta Reed/MD
3/3/2006 9:04:57 AM (1862 views)

[+] who is mid-atlantic?&other things - Donna Grady/NC (18 replies)
3/3/2006 1:45:56 AM (3454 views)

[+] India outsourcing article - Robert Breakell/CT (1 reply)
3/2/2006 11:41:03 AM (3277 views)


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