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CONTACT NUMBER - Austin Whitaker/NJ
1/5/2006 6:50:08 PM (2191 views)
Re: CONTACT NUMBER - Jay Duncan/MO
1/5/2006 7:05:40 PM (2533 views)
Re: CONTACT NUMBER - Austin Whitaker/NJ
1/5/2006 7:28:21 PM (2498 views)

Conference Transportation - Ximena Vargas/NY
1/5/2006 5:32:45 PM (1658 views)

Hope all is well with everyone - Tammy Knight/MO
1/5/2006 12:50:18 AM (1698 views)

Who's Coming - Nikky Eisenhuth/FL
1/4/2006 5:24:23 PM (3073 views)
Re: Who's Coming - Robert Franco/OH
1/4/2006 5:30:44 PM (2756 views)
Re: Who's Coming - Kurt deVries/FL
1/4/2006 10:25:06 PM (2723 views)
Re: Who's Coming - Wanda Steudel/OH
1/5/2006 9:49:12 AM (2671 views)
Re: Who's Coming - Jay Duncan/MO
1/5/2006 10:27:53 AM (2742 views)
Re: Who's Coming - John OConnor/IL
1/5/2006 4:37:46 PM (2675 views)

Quickly approaching... - Jay Duncan/MO
1/4/2006 2:05:53 PM (3197 views)
Re: Quickly approaching... - Ximena Vargas/NY
1/4/2006 3:10:01 PM (2812 views)
Conference transportation from Airport to Hotel - Jay Duncan/MO
1/4/2006 3:28:56 PM (2788 views)
Re: Conference transportation from Airport to Hotel - Robert Franco/OH
1/4/2006 4:08:59 PM (2718 views)
Re: Conference transportation from Airport to Hotel - Patrick Scott/IL
1/4/2006 11:14:01 PM (2699 views)
Re: Conference transportation from Airport to Hotel - Ximena Vargas/NY
1/5/2006 5:18:02 PM (2671 views)




A very, very shameless NON profit plug. Please read. - Jason Sheppard/PA
1/4/2006 12:04:50 PM (3285 views)
Re: A very, very shameless NON profit plug. Please read. - Jay Duncan/MO
1/4/2006 12:46:06 PM (2908 views)
Re: A very, very shameless NON profit plug. Please read. - J.T. Shoemaker/NY
1/4/2006 1:23:41 PM (3011 views)
Re: A very, very shameless NON profit plug. Please read. - Jason Sheppard/PA
1/4/2006 1:25:39 PM (2985 views)
Re: A very, very shameless NON profit plug. Please read. - J Nisonger/CA
1/4/2006 2:32:21 PM (3034 views)
Re: A very, very shameless NON profit plug. Please read. - Jason Sheppard/PA
1/4/2006 2:38:26 PM (3153 views)
Re: A very, very shameless NON profit plug. Please read. - J Nisonger/CA
1/4/2006 6:42:25 PM (2963 views)
Re: A very, very shameless NON profit plug. Please read. - Loretta Reed/MD
1/4/2006 8:14:26 PM (2930 views)
Re: A very, very shameless NON profit plug. Please read. - Lisa Ramsey/TX
1/4/2006 8:24:06 PM (2942 views)
Re: A very, very shameless NON profit plug. Please read. - Jan Forster/NC
1/4/2006 10:39:49 PM (5058 views)
Re: A very, very shameless NON profit plug. Please read. - J Nisonger/CA
1/4/2006 11:07:50 PM (2804 views)
Re: A very, very shameless NON profit plug. Please read. - Loretta Reed/MD
1/6/2006 9:02:57 AM (2929 views)
Re: A very, very shameless NON profit plug. Please read. - Lisa Ramsey/TX
1/6/2006 11:00:10 AM (2941 views)
Re: A very, very shameless NON profit plug. Please read. - Loretta Reed/MD
1/6/2006 5:41:29 PM (2880 views)
Re: A very, very shameless NON profit plug. Please read. - J Nisonger/CA
1/6/2006 6:07:08 PM (2826 views)
Re: A very, very shameless NON profit plug. Please read. - Loretta Reed/MD
1/7/2006 11:17:18 AM (2845 views)
Re: A very, very shameless NON profit plug. Please read. - J Nisonger/CA
1/8/2006 6:51:25 PM (2814 views)
Re: A very, very shameless NON profit plug. Please read. - Loretta Reed/MD
1/8/2006 7:47:08 PM (2672 views)
Re: A very, very shameless NON profit plug. Please read. - Lisa Ramsey/TX
1/9/2006 9:34:30 AM (2661 views)
Re: A very, very shameless NON profit plug. Please read. - Jan Forster/NC
1/7/2006 10:41:16 AM (2932 views)
Re: A very, very shameless NON profit plug. Please read. - Lisa Ramsey/TX
1/7/2006 12:33:35 PM (2891 views)
Re: A very, very shameless NON profit plug. Please read. - Robert Franco/OH
1/7/2006 4:10:54 PM (2882 views)
Re: A very, very shameless NON profit plug. Please read. - Lisa Ramsey/TX
1/7/2006 5:20:53 PM (2847 views)
Re: A very, very shameless NON profit plug. Please read. - Jason Sheppard/PA
1/7/2006 5:20:32 PM (5032 views)
Re: A very, very shameless NON profit plug. Please read. - Lisa Ramsey/TX
1/7/2006 5:28:18 PM (2826 views)

E & O - Deborah Manion/VA
1/4/2006 10:46:12 AM (2070 views)
Re: E & O - Lisa Ramsey/TX
1/4/2006 10:55:31 AM (2874 views)
Re: E & O - Glenda Hodge/TN
1/4/2006 1:32:00 PM (2728 views)
Re: E & O - Glenda Hodge/TN
1/4/2006 1:33:38 PM (2798 views)
Re: E & O - Lynn Hammett/SC
1/4/2006 11:16:55 AM (2782 views)
Re: E & O - Lisa Ramsey/TX
1/4/2006 1:41:34 PM (2658 views)

Hotel rooms for NALTEA conference - Tim Lunn/NY
1/3/2006 12:30:05 PM (1677 views)

Inspirational Post - Interview with God - Lisa Ramsey/TX
1/2/2006 11:15:58 PM (3220 views)
Re: Inspirational Post - Interview with God - Jay Duncan/MO
1/3/2006 12:28:40 AM (2865 views)
Re: Inspirational Post - Interview with God - Kurt deVries/FL
1/3/2006 2:10:57 PM (2788 views)
Re: Inspirational Post - Interview with God - J.T. Shoemaker/NY
1/3/2006 3:01:06 PM (2686 views)
Re: Inspirational Post - Interview with God - Lisa Ramsey/TX
1/3/2006 5:08:56 PM (2803 views)

AH HA...... - Loretta Reed/MD
1/2/2006 7:45:53 AM (2184 views)
Re: AH HA...... - Rachel Malone/PA
1/2/2006 8:58:55 AM (2702 views)
Re: AH HA...... - Loretta Reed/MD
1/2/2006 11:12:44 AM (2655 views)

Order processing - J Nisonger/CA
1/1/2006 11:25:10 PM (2209 views)
Re: Order processing - Jay Duncan/MO
1/2/2006 12:30:02 AM (5057 views)
Re: Order processing - J Nisonger/CA
1/2/2006 6:06:46 PM (2706 views)
Re: Order processing - Jay Duncan/MO
1/2/2006 8:14:47 PM (2747 views)
Re: Order processing - Tammy Knight/MO
1/5/2006 12:43:25 AM (2708 views)
Re: Order processing - J Nisonger/CA
1/5/2006 10:50:20 PM (2660 views)

Scott - Kevin Ahern/CT
12/30/2005 5:22:13 PM (2355 views)
Re: Scott - Scott Perry/PA
12/31/2005 12:54:09 PM (2987 views)
Re: Scott - J.T. Shoemaker/NY
12/31/2005 10:58:59 PM (2864 views)
Re: Scott - Scott Perry/PA
12/31/2005 11:30:09 PM (2777 views)
Re: Scott - J.T. Shoemaker/NY
1/1/2006 10:41:48 AM (2836 views)
Re: Scott - Kevin Ahern/CT
1/1/2006 10:55:06 AM (2905 views)
Re: Scott - J.T. Shoemaker/NY
1/1/2006 11:18:42 AM (2952 views)
Re: Scott - Scott Perry/PA
1/1/2006 7:06:50 PM (2814 views)
Re: Scott - Scott Perry/PA
1/1/2006 1:31:42 PM (2888 views)
Re: Scott - Kevin Ahern/CT
1/1/2006 7:59:41 PM (2747 views)
Re: Scott - Scott Perry/PA
1/1/2006 10:18:55 PM (2770 views)
Re: Scott - Kevin Ahern/CT
1/2/2006 6:04:19 AM (2663 views)
Re: Scott - Scott Perry/PA
1/2/2006 12:55:35 PM (2738 views)
Re: Scott - Scott Perry/PA
1/1/2006 1:21:36 PM (2888 views)

Outsourcing - Ricky Farrow/FL
12/30/2005 10:17:26 AM (3493 views)
Re: Outsourcing - Ellen Malloy/MO
12/30/2005 11:21:35 AM (2882 views)
Re: Outsourcing - David Bloys/TX
12/30/2005 12:58:16 PM (2792 views)
Re: Outsourcing - Ricky Farrow/FL
12/30/2005 1:42:05 PM (2725 views)
Re: Outsourcing - David Bloys/TX
12/30/2005 2:26:01 PM (5817 views)
Re: Outsourcing - Ricky Farrow/FL
12/30/2005 4:39:45 PM (2746 views)
Re: Outsourcing - David Bloys/TX
12/30/2005 5:49:48 PM (2841 views)
Re: Outsourcing - Tammy Knight/MO
1/5/2006 1:05:04 AM (2707 views)
Re: Outsourcing - Wanda Steudel/OH
1/5/2006 9:54:14 AM (2705 views)
Re: Outsourcing - Robert Franco/OH
1/5/2006 4:43:21 PM (2711 views)
Re: Outsourcing - David Bloys/TX
1/5/2006 5:43:54 PM (2644 views)
Re: Outsourcing - Robert Franco/OH
1/5/2006 6:33:44 PM (2613 views)
Re: Outsourcing - Tammy Knight/MO
1/6/2006 3:30:17 PM (2549 views)

How Do You Explain This?? - Glenda Hodge/TN
12/29/2005 9:48:09 PM (2407 views)
Re: How Do You Explain This?? - Rachel Malone/PA
12/30/2005 12:04:27 AM (2901 views)
Re: How Do You Explain This?? - Wanda Steudel/OH
12/30/2005 10:43:38 AM (2902 views)
Re: How Do You Explain This?? - Ricky Farrow/FL
12/30/2005 10:28:58 AM (2920 views)
Re: How Do You Explain This?? - Lisa Ramsey/TX
12/30/2005 12:10:08 PM (2877 views)
Re: How Do You Explain This?? - Ricky Farrow/FL
12/30/2005 4:53:41 PM (2779 views)
Re: How Do You Explain This?? - Lisa Ramsey/TX
12/30/2005 7:51:33 PM (2804 views)
Re: How Do You Explain This?? - Ricky Farrow/FL
12/30/2005 10:26:00 PM (2819 views)
Re: How Do You Explain This?? - David Bloys/TX
12/31/2005 9:13:42 AM (2836 views)
Re: How Do You Explain This?? - Robert Franco/OH
12/30/2005 5:16:14 PM (2843 views)
Re: How Do You Explain This?? - Jay Duncan/MO
1/1/2006 7:47:21 PM (2723 views)
Re: How Do You Explain This?? - Kevin Ahern/CT
1/1/2006 8:27:23 PM (2670 views)
Re: How Do You Explain This?? - Glenda Hodge/TN
1/1/2006 11:26:33 PM (2655 views)
Re: How Do You Explain This?? - Kevin Ahern/CT
1/2/2006 5:55:17 AM (2756 views)

The industry is changing drastically to the detriment of the independent abstractor. If you are relying on it exclusively as a source of income, you will probably experience difficulty in the days to come.

Expanding your areas of coverage to supplement lost income is a losing proposition if you are the only one performing abstracting. You would need to increase the number of searches completed in a day, and thereby decrease the amount of time devoted to each search. The quality of the product suffers. You can hire additional abstractors , and recapture a portion of the lost income after you pay them, employer contribution to FICA and benefits (if any), but that requires you to spend more time on business administration and less time in the field.

Offering the discount pricing to the client that you mentioned above is a precarious business arrangement. Very often the client will deliver the volume for a few weeks or months, but reduce the volume of work thereafter. However, they will expect the discount to continue after they no longer deliver the volume. If you are offering discount pricing make certain that you have a written agreement for it. They tend to be more responsive when the agreement is in writing. 

As both you and Jay have noted the abstractors that multi task and offer other services besides abstracting alone get the business. Time is the great leveler in this business. There are only so many hours in a day that the town halls/court houses are open to complete searches. Rather than expand your geographic area of coverage, it is easier to expand the number of services you offer. Most closings are done in the evenings at the convenience of the borrowers. The money is much better than abstracting. Your price negotiating power is greater. There are scores of signing services that go in and out of business every month, and the pool of clients constantly replenishes itself.

However, you do need to stay on top of them to make sure you get paid on time, and not be afraid to enforce timely payment through legal process.It is easier than you may think. 

You can offer closing services to an existing client or to new clients in addition to abstracting services, increase the number of hours in a work day, increase your income and rely less on the mercy of the VM.s for abstracting assignments.Unlike abstracting electronic automation is not yet a threat to closing work. It is also impossible to outsource the work because state statutes require the signing agent/attorney closer to be present at the closing to officiate.

In a small number of states the signing agents are required to work under the supervision of an attorney. In another small number of states there are special training and licensing requirements. Maryland is one, and I believe Illinois and Indiana are moving in that direction. As far as I know Tennessee is not among them, but you would need to check its requirements before beginning as a signing agent if you are interested


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Re: How Do You Explain This?? - Glenda Hodge/TN
1/2/2006 1:27:27 PM (2676 views)
Re: How Do You Explain This?? - Kevin Ahern/CT
1/2/2006 2:00:09 PM (2686 views)
Re: How Do You Explain This?? - Glenda Hodge/TN
1/2/2006 2:14:29 PM (2551 views)
Re: How Do You Explain This?? - Kevin Ahern/CT
1/2/2006 2:33:30 PM (2590 views)
Re: How Do You Explain This?? - Glenda Hodge/TN
1/2/2006 2:50:58 PM (2671 views)
Re: How Do You Explain This?? - Robert Franco/OH
1/3/2006 12:51:00 PM (2758 views)
Re: How Do You Explain This?? - Kevin Ahern/CT
1/3/2006 1:45:35 PM (2653 views)
Re: How Do You Explain This?? - J Nisonger/CA
1/2/2006 6:14:00 PM (2682 views)
Re: How Do You Explain This?? - Lisa Ramsey/TX
1/2/2006 11:22:24 PM (2813 views)
Re: How Do You Explain This?? - J Nisonger/CA
1/3/2006 1:16:34 AM (2719 views)
Re: How Do You Explain This?? - george Hubka/MI
1/3/2006 6:52:10 PM (2516 views)

Scanner update - J Nisonger/CA
12/29/2005 9:54:37 AM (2879 views)


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