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[+] Invasion of Privacy - Donna Grady/NC (1 reply)
2/9/2006 9:57:49 PM (2287 views)

[+] Nationwide App. Outsourcing? - NA/FL (14 replies)
2/9/2006 6:10:41 PM (2670 views)

[+] Stewart Title of India - Ricky Farrow/FL (20 replies)
2/8/2006 6:54:38 PM (4086 views)

[+] Error Rates - Lynn Hammett/SC (5 replies)
2/8/2006 3:16:43 PM (2417 views)

[+] Policy Writing - George Booth/OH (7 replies)
2/8/2006 11:54:01 AM (2360 views)




[+] Another judgement question - Lynn Hammett/SC (7 replies)
2/8/2006 10:53:11 AM (2446 views)

Just checking - Tammy Knight/MO
2/7/2006 10:30:25 PM (2037 views)

[-] Outrageous Copy Costs - Danielle Nelson/WI (11 replies)
2/7/2006 1:06:16 PM (2495 views)
Re: Outrageous Copy Costs - Matthew DeLand/NY
2/7/2006 1:31:37 PM (3609 views)
Re: Outrageous Copy Costs - Danielle Nelson/WI
2/7/2006 1:49:42 PM (3689 views)
Re: Outrageous Copy Costs - FOR ON-LINE SEARCHES ONLY - Jay Duncan/MO
2/7/2006 2:25:22 PM (5194 views)
Re: Outrageous Copy Costs - FOR ON-LINE SEARCHES ONLY - David Bloys/TX
2/7/2006 2:56:37 PM (3498 views)
Re: Outrageous Copy Costs - Patrick Scott/IL
2/7/2006 1:53:08 PM (3708 views)
Re: Outrageous Copy Costs - Danielle Nelson/WI
2/7/2006 2:53:43 PM (3469 views)
Re: Outrageous Copy Costs - Lisa Ramsey/TX
2/8/2006 10:55:57 AM (3401 views)
Re: Outrageous Copy Costs - Danielle Nelson/WI
2/8/2006 2:22:36 PM (3482 views)
Re: Outrageous Copy Costs - Lisa Ramsey/TX
2/8/2006 2:59:47 PM (3399 views)
Re: Outrageous Copy Costs - Kevin Ahern/CT
2/8/2006 5:38:56 AM (3411 views)

If the increased cost of viewing and printing is limited to on line and electronic title plant searches, but does not extend to the traditional search of the written indices or the public access computers, it may not be all that undesireable. It may make outsourcing financially unattractive to VM's. It may also present an opportunity for the local abstractors to raise their prices reasonably, but still remain more competitive than the outsourced/electronic search. If the rate of $175.00 for a current owner search plus numerous copies  is representitive of the average cost of the search, there is a lot of room for a price increase to something more than was previously paid, but still less than the $175.00. If the new system is creating a bottleneck in the land records office, the waiting time of the abstractors could justify the increased price of the search. In effect they are only being compensated for other work they have to turn away while completing the search.

If it were simply a matter of a few abstractors raising their prices, the VMs' approach is usually to move on to the next abstractor. However, if the county is raising the price for everyone, the VM's have no choice other than to pay more for the searches they order. Just the cost of doing business. The abstracting prices can't be expected to remain static forever.

We have a similar problem here in Stamford and Bridgeport, Connecticut. The written records in these offices are a mess, and the last time I did a search in both of these locations there was an incredible backlogue of entries for their day books. It tooks longer to search the loose records than to do the entire search of the indexed entries. In the case of Stamford, the lines to use their public access computers were usually long. Stamford has recently gone over to a fee based on line system.We charge a premium in addition to the normal search charge specifically for the additional time required to complete the searches in these two offices. Any other way, and we wind up losing money on the deal.

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Re: Outrageous Copy Costs - Robert Franco/OH
2/8/2006 10:29:48 AM (3476 views)

[+] Jay - J Nisonger/CA (8 replies)
2/7/2006 3:34:54 AM (3512 views)

Best Company of the Month! - J Nisonger/CA
2/6/2006 12:18:40 PM (1942 views)

[+] CONGRATULATIONS, STEELERS!!! - Scott Perry/PA (7 replies)
2/5/2006 10:11:45 PM (2442 views)

Thank You Amerisearch (f/k/a) - Lisa Ramsey/TX
2/4/2006 12:16:34 PM (2002 views)

[+] hand held scanners - Robert Breakell/CT (9 replies)
2/3/2006 7:05:56 PM (2355 views)

Feedback/Company Reviews - Robert Franco/OH
2/3/2006 11:12:38 AM (1899 views)

[+] USA Map - Smitty Strickland/SC (6 replies)
2/2/2006 6:41:35 PM (2459 views)


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