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A very, very shameless NON profit plug. Please read. - Jason Sheppard/PA
1/4/2006 12:04:50 PM (3377 views)
Re: A very, very shameless NON profit plug. Please read. - Jay Duncan/MO
1/4/2006 12:46:06 PM (3121 views)
Re: A very, very shameless NON profit plug. Please read. - J.T. Shoemaker/NY
1/4/2006 1:23:41 PM (3219 views)
Re: A very, very shameless NON profit plug. Please read. - Jason Sheppard/PA
1/4/2006 1:25:39 PM (3253 views)
Re: A very, very shameless NON profit plug. Please read. - J Nisonger/CA
1/4/2006 2:32:21 PM (3257 views)
Re: A very, very shameless NON profit plug. Please read. - Jason Sheppard/PA
1/4/2006 2:38:26 PM (3407 views)
Re: A very, very shameless NON profit plug. Please read. - J Nisonger/CA
1/4/2006 6:42:25 PM (3230 views)
Re: A very, very shameless NON profit plug. Please read. - Loretta Reed/MD
1/4/2006 8:14:26 PM (3135 views)
Re: A very, very shameless NON profit plug. Please read. - Lisa Ramsey/TX
1/4/2006 8:24:06 PM (3196 views)
Re: A very, very shameless NON profit plug. Please read. - Jan Forster/NC
1/4/2006 10:39:49 PM (5324 views)
Re: A very, very shameless NON profit plug. Please read. - J Nisonger/CA
1/4/2006 11:07:50 PM (3030 views)
Re: A very, very shameless NON profit plug. Please read. - Loretta Reed/MD
1/6/2006 9:02:57 AM (3193 views)
Re: A very, very shameless NON profit plug. Please read. - Lisa Ramsey/TX
1/6/2006 11:00:10 AM (3216 views)
Re: A very, very shameless NON profit plug. Please read. - Loretta Reed/MD
1/6/2006 5:41:29 PM (3087 views)
Re: A very, very shameless NON profit plug. Please read. - J Nisonger/CA
1/6/2006 6:07:08 PM (3073 views)
Re: A very, very shameless NON profit plug. Please read. - Loretta Reed/MD
1/7/2006 11:17:18 AM (3055 views)
Re: A very, very shameless NON profit plug. Please read. - J Nisonger/CA
1/8/2006 6:51:25 PM (3050 views)
Re: A very, very shameless NON profit plug. Please read. - Loretta Reed/MD
1/8/2006 7:47:08 PM (2924 views)
Re: A very, very shameless NON profit plug. Please read. - Lisa Ramsey/TX
1/9/2006 9:34:30 AM (2877 views)
Re: A very, very shameless NON profit plug. Please read. - Jan Forster/NC
1/7/2006 10:41:16 AM (3182 views)
Re: A very, very shameless NON profit plug. Please read. - Lisa Ramsey/TX
1/7/2006 12:33:35 PM (3124 views)
Re: A very, very shameless NON profit plug. Please read. - Robert Franco/OH
1/7/2006 4:10:54 PM (3146 views)
Re: A very, very shameless NON profit plug. Please read. - Lisa Ramsey/TX
1/7/2006 5:20:53 PM (3068 views)
Re: A very, very shameless NON profit plug. Please read. - Jason Sheppard/PA
1/7/2006 5:20:32 PM (5283 views)
Re: A very, very shameless NON profit plug. Please read. - Lisa Ramsey/TX
1/7/2006 5:28:18 PM (3041 views)

E & O - Deborah Manion/VA
1/4/2006 10:46:12 AM (2146 views)
Re: E & O - Lisa Ramsey/TX
1/4/2006 10:55:31 AM (3084 views)
Re: E & O - Glenda Hodge/TN
1/4/2006 1:32:00 PM (2976 views)
Re: E & O - Glenda Hodge/TN
1/4/2006 1:33:38 PM (3056 views)
Re: E & O - Lynn Hammett/SC
1/4/2006 11:16:55 AM (3005 views)
Re: E & O - Lisa Ramsey/TX
1/4/2006 1:41:34 PM (2893 views)

Hotel rooms for NALTEA conference - Tim Lunn/NY
1/3/2006 12:30:05 PM (1737 views)

Inspirational Post - Interview with God - Lisa Ramsey/TX
1/2/2006 11:15:58 PM (3337 views)
Re: Inspirational Post - Interview with God - Jay Duncan/MO
1/3/2006 12:28:40 AM (3123 views)
Re: Inspirational Post - Interview with God - Kurt deVries/FL
1/3/2006 2:10:57 PM (3032 views)
Re: Inspirational Post - Interview with God - J.T. Shoemaker/NY
1/3/2006 3:01:06 PM (2942 views)
Re: Inspirational Post - Interview with God - Lisa Ramsey/TX
1/3/2006 5:08:56 PM (3084 views)

AH HA...... - Loretta Reed/MD
1/2/2006 7:45:53 AM (2258 views)
Re: AH HA...... - Rachel Malone/PA
1/2/2006 8:58:55 AM (2963 views)
Re: AH HA...... - Loretta Reed/MD
1/2/2006 11:12:44 AM (2895 views)


Real Title Services


Order processing - J Nisonger/CA
1/1/2006 11:25:10 PM (2292 views)
Re: Order processing - Jay Duncan/MO
1/2/2006 12:30:02 AM (5317 views)
Re: Order processing - J Nisonger/CA
1/2/2006 6:06:46 PM (2955 views)
Re: Order processing - Jay Duncan/MO
1/2/2006 8:14:47 PM (2980 views)
Re: Order processing - Tammy Knight/MO
1/5/2006 12:43:25 AM (2986 views)
Re: Order processing - J Nisonger/CA
1/5/2006 10:50:20 PM (2897 views)

Scott - Kevin Ahern/CT
12/30/2005 5:22:13 PM (2433 views)
Re: Scott - Scott Perry/PA
12/31/2005 12:54:09 PM (3231 views)
Re: Scott - J.T. Shoemaker/NY
12/31/2005 10:58:59 PM (3129 views)
Re: Scott - Scott Perry/PA
12/31/2005 11:30:09 PM (3028 views)
Re: Scott - J.T. Shoemaker/NY
1/1/2006 10:41:48 AM (3093 views)
Re: Scott - Kevin Ahern/CT
1/1/2006 10:55:06 AM (3175 views)
Re: Scott - J.T. Shoemaker/NY
1/1/2006 11:18:42 AM (3192 views)
Re: Scott - Scott Perry/PA
1/1/2006 7:06:50 PM (3050 views)
Re: Scott - Scott Perry/PA
1/1/2006 1:31:42 PM (3145 views)
Re: Scott - Kevin Ahern/CT
1/1/2006 7:59:41 PM (2986 views)
Re: Scott - Scott Perry/PA
1/1/2006 10:18:55 PM (3029 views)
Re: Scott - Kevin Ahern/CT
1/2/2006 6:04:19 AM (2885 views)
Re: Scott - Scott Perry/PA
1/2/2006 12:55:35 PM (2964 views)
Re: Scott - Scott Perry/PA
1/1/2006 1:21:36 PM (3123 views)

Outsourcing - Ricky Farrow/FL
12/30/2005 10:17:26 AM (3582 views)
Re: Outsourcing - Ellen Malloy/MO
12/30/2005 11:21:35 AM (3130 views)
Re: Outsourcing - David Bloys/TX
12/30/2005 12:58:16 PM (3055 views)
Re: Outsourcing - Ricky Farrow/FL
12/30/2005 1:42:05 PM (3025 views)
Re: Outsourcing - David Bloys/TX
12/30/2005 2:26:01 PM (6121 views)
Re: Outsourcing - Ricky Farrow/FL
12/30/2005 4:39:45 PM (2990 views)
Re: Outsourcing - David Bloys/TX
12/30/2005 5:49:48 PM (3071 views)
Re: Outsourcing - Tammy Knight/MO
1/5/2006 1:05:04 AM (2963 views)
Re: Outsourcing - Wanda Steudel/OH
1/5/2006 9:54:14 AM (2983 views)
Re: Outsourcing - Robert Franco/OH
1/5/2006 4:43:21 PM (2949 views)
Re: Outsourcing - David Bloys/TX
1/5/2006 5:43:54 PM (2892 views)
Re: Outsourcing - Robert Franco/OH
1/5/2006 6:33:44 PM (2860 views)
Re: Outsourcing - Tammy Knight/MO
1/6/2006 3:30:17 PM (2800 views)

How Do You Explain This?? - Glenda Hodge/TN
12/29/2005 9:48:09 PM (2486 views)
Re: How Do You Explain This?? - Rachel Malone/PA
12/30/2005 12:04:27 AM (3174 views)
Re: How Do You Explain This?? - Wanda Steudel/OH
12/30/2005 10:43:38 AM (3152 views)
Re: How Do You Explain This?? - Ricky Farrow/FL
12/30/2005 10:28:58 AM (3186 views)
Re: How Do You Explain This?? - Lisa Ramsey/TX
12/30/2005 12:10:08 PM (3121 views)
Re: How Do You Explain This?? - Ricky Farrow/FL
12/30/2005 4:53:41 PM (3020 views)
Re: How Do You Explain This?? - Lisa Ramsey/TX
12/30/2005 7:51:33 PM (3041 views)
Re: How Do You Explain This?? - Ricky Farrow/FL
12/30/2005 10:26:00 PM (3067 views)
Re: How Do You Explain This?? - David Bloys/TX
12/31/2005 9:13:42 AM (3111 views)
Re: How Do You Explain This?? - Robert Franco/OH
12/30/2005 5:16:14 PM (3108 views)
Re: How Do You Explain This?? - Jay Duncan/MO
1/1/2006 7:47:21 PM (2981 views)
Re: How Do You Explain This?? - Kevin Ahern/CT
1/1/2006 8:27:23 PM (2923 views)
Re: How Do You Explain This?? - Glenda Hodge/TN
1/1/2006 11:26:33 PM (2918 views)
Re: How Do You Explain This?? - Kevin Ahern/CT
1/2/2006 5:55:17 AM (2974 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 (2917 views)
Re: How Do You Explain This?? - Kevin Ahern/CT
1/2/2006 2:00:09 PM (2941 views)
Re: How Do You Explain This?? - Glenda Hodge/TN
1/2/2006 2:14:29 PM (2784 views)
Re: How Do You Explain This?? - Kevin Ahern/CT
1/2/2006 2:33:30 PM (2808 views)
Re: How Do You Explain This?? - Glenda Hodge/TN
1/2/2006 2:50:58 PM (2909 views)
Re: How Do You Explain This?? - Robert Franco/OH
1/3/2006 12:51:00 PM (2987 views)
Re: How Do You Explain This?? - Kevin Ahern/CT
1/3/2006 1:45:35 PM (2889 views)
Re: How Do You Explain This?? - J Nisonger/CA
1/2/2006 6:14:00 PM (2919 views)
Re: How Do You Explain This?? - Lisa Ramsey/TX
1/2/2006 11:22:24 PM (3085 views)
Re: How Do You Explain This?? - J Nisonger/CA
1/3/2006 1:16:34 AM (3000 views)
Re: How Do You Explain This?? - george Hubka/MI
1/3/2006 6:52:10 PM (2761 views)

Scanner update - J Nisonger/CA
12/29/2005 9:54:37 AM (2967 views)

Acculink - Deborah Manion/VA
12/28/2005 3:13:07 PM (2562 views)
Re: Acculink - Glenda Hodge/TN
12/28/2005 11:05:13 PM (3080 views)
Re: Acculink - george Hubka/MI
1/3/2006 6:57:03 PM (2829 views)
Re: Acculink - Glenda Hodge/TN
1/3/2006 7:31:24 PM (2851 views)
Re: Acculink - J Nisonger/CA
1/5/2006 10:57:41 PM (2716 views)

DLC Title Services - Susan/OH
12/27/2005 4:34:46 PM (2012 views)

NALTEA CONFERENCE - Ximena Vargas/NY
12/27/2005 3:55:51 PM (2203 views)
Re: NALTEA CONFERENCE - Jay Duncan/MO
12/27/2005 8:24:48 PM (5192 views)

The Christmas Closing - Wanda Steudel/OH
12/27/2005 3:32:05 PM (2162 views)
Re: The Christmas Closing - Robert Franco/OH
12/27/2005 3:57:42 PM (2960 views)
Re: The Christmas Closing - Jay Duncan/MO
12/27/2005 10:02:47 PM (2979 views)
Re: The Christmas Closing - Jarrod Clabaugh/OH
12/27/2005 11:12:40 PM (2990 views)

Soliciting an Abstractor’s point of view - Tracy/OH
12/27/2005 12:49:26 PM (2495 views)
Re: Soliciting an Abstractor’s point of view - Robert Franco/OH
12/27/2005 1:10:13 PM (2916 views)
Re: Soliciting an Abstractor’s point of view - Tracy/OH
12/27/2005 1:26:59 PM (2978 views)
Re: Soliciting an Abstractor’s point of view - David Bloys/TX
12/27/2005 2:01:59 PM (3179 views)
Re: Soliciting an Abstractor’s point of view - Tracy/OH
12/27/2005 2:17:55 PM (3248 views)
Re: Soliciting an Abstractor’s point of view - Robert Franco/OH
12/27/2005 2:24:29 PM (3092 views)
Re: Soliciting an Abstractor’s point of view - David Bloys/TX
12/27/2005 2:29:47 PM (5305 views)
Re: Soliciting an Abstractor’s point of view - J Nisonger/CA
12/29/2005 10:38:01 PM (3040 views)
Re: Soliciting an Abstractor’s point of view - Tracy/OH
12/30/2005 1:20:27 PM (2927 views)
Re: Soliciting an Abstractor’s point of view - David Bloys/TX
12/30/2005 2:31:46 PM (2939 views)
Re: Soliciting an Abstractor’s point of view - J Nisonger/CA
12/30/2005 11:18:50 PM (2882 views)
Re: Soliciting an Abstractor’s point of view - Tracy/OH
1/3/2006 8:57:52 AM (2773 views)
Re: Soliciting an Abstractor’s point of view - David Bloys/TX
1/3/2006 1:39:39 PM (4722 views)
Re: Soliciting an Abstractor’s point of view - Tracy/OH
1/5/2006 3:49:29 PM (2756 views)
The Paradox of Government Records - David Bloys/TX
1/6/2006 5:01:52 AM (2908 views)
Authorization and passwords - David Bloys/TX
1/6/2006 5:44:42 AM (4802 views)
Re: Authorization and passwords - Scott Perry/PA
1/6/2006 8:12:37 AM (2809 views)
Re: Authorization and passwords - David Bloys/TX
1/6/2006 10:00:07 AM (4716 views)
Re: Authorization and passwords - Tracy/OH
1/15/2006 2:44:57 PM (2818 views)


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