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[+] VENDOR MANAGERS SPEAK UP - Michael Frank/TX (7 replies)
6/20/2005 7:21:18 PM (2898 views)

[+] Thanks for the E & O info - Kurt deVries/FL (3 replies)
6/20/2005 3:22:07 PM (2706 views)

[+] Closing Company out of business? - Jen McClosky/OH (1 reply)
6/20/2005 1:57:34 PM (2612 views)

[+] QUESTION FOR VM'S: HOW MANY OF YOU... - Scott Perry/PA (10 replies)
6/18/2005 8:33:42 PM (2835 views)

NALTEA conference/newsletter - Douglas Gallant/OH
6/17/2005 6:11:09 PM (2177 views)




D&S abstracting in Indiana - Michael Frank/TX
6/17/2005 3:36:33 PM (2429 views)

[+] Titlesearch USA?????????? - Tammy Knight/MO (12 replies)
6/16/2005 9:44:29 PM (2819 views)

[+] HUD To Officially Annouce RESPA Reform - Jason Sheppard/PA (2 replies)
6/16/2005 11:33:20 AM (2578 views)

[+] E & O Insurance - Kurt deVries/FL (6 replies)
6/16/2005 10:43:02 AM (2532 views)

[+] vendor manager survey numbers - Kim Haase/MT (14 replies)
6/15/2005 12:35:50 PM (2714 views)

[+] NALTEA Social Event - Robert Franco/OH (4 replies)
6/15/2005 10:27:03 AM (3836 views)

[+] ATTENTION VENDOR MANAGERS!!! - Jay Duncan/MO (28 replies)
6/14/2005 4:39:33 PM (2827 views)

[+] Value America - Wanda Steudel/OH (4 replies)
6/14/2005 1:33:45 PM (3733 views)

[-] E & O Insurance - Michael Frank/TX (6 replies)
6/14/2005 12:35:15 PM (2897 views)
Re: E & O Insurance - Robert Franco/OH
6/14/2005 12:44:36 PM (4153 views)
Re: E & O Insurance - Kevin Ahern/CT
6/14/2005 2:50:32 PM (3780 views)
Re: E & O Insurance - Jay Duncan/MO
6/14/2005 4:35:11 PM (3778 views)
Re: E & O Insurance - Michael Frank/TX
6/14/2005 5:53:23 PM (3807 views)
Re: E & O Insurance - Kevin Ahern/CT
6/14/2005 6:19:11 PM (4115 views)
Re: E & O Insurance - Anne Gilbert/VT
6/19/2005 7:12:41 AM (3636 views)

I keep hoping that there will be fewer vendor managers.  Here in Vermont we have precious few title abstractors to cover the entire state, and literally hundreds of VMs. Most VMs send us anywhere from one search a month to one search a year.  They still expect instantaneous turnaround time and hassle us as to price.  To my way of thinking, there are way too many VMs in this world.  They are going to compete themselves out of business, and what will be left  are the title abstractors who are doing the original research that can't be done any other way.  We can hand off our research to pretty much any VM, their value-added contribution is sheer paper-pushing.

Not to mention a big concern of mine, which is what VMs do with our research once they get it.  We frequently find ineffective mortgage satisfactions in our Land Records. We frequently find poorly drafted deeds and legal descriptions.  Although we report these matters, it doesn't appear that the VM companies always move to clear the clouded title issues, nor does it appear that the VMs utilize Vermont legal counsel when they attempt fixes.

I carry E&O, lots of it.  My reasons are double: first to protect myself from my own mistakes and those of my town clerks, and second to protect myself from the VMs.

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[+] Houston Texas- Harris, Fort Bend county - Cathy/TX (1 reply)
6/13/2005 6:25:10 PM (2784 views)


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