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[+] Property Abstractors in Michigan - Carol Clark/NY (11 replies)
5/27/2019 3:58:11 PM (2472 views)

[+] FOREIGN ENTITIES - RENEE ZENO/NY (11 replies)
5/21/2019 7:03:17 PM (2975 views)

[+] Lifeline Abstracts - latichia lee/DC (19 replies)
5/20/2019 10:19:05 AM (4340 views)

[+] E&O possible rate increase - Sheila Sten/PA (16 replies)
5/20/2019 8:17:58 AM (2733 views)

[+] Filing Assignments years after foreclosure... - Rita Killary/NY (8 replies)
5/17/2019 11:04:27 AM (2538 views)




[+] Abstract Settlement - No pay - Terri Hoops/PA (6 replies)
5/17/2019 8:22:09 AM (2959 views)

[+] Beware Fraudulent Activities - David King/VA (12 replies)
5/14/2019 3:27:32 PM (2941 views)

[+] Comment on "WFG Lender Services Announces "Five-Second" Title Report" - Source of Title/OH (4 replies)
5/14/2019 1:23:02 PM (2749 views)

[+] Fee Schedule Updates - Lisa Blankenship/SC (5 replies)
5/9/2019 12:45:43 PM (3207 views)

[+] Interesting Article but... - Jay Duncan/MO (7 replies)
5/2/2019 2:50:30 PM (4206 views)

[-] Retainer? - Shannon Budziak/VT (7 replies)
4/29/2019 3:38:36 PM (2655 views)
Re: Retainer? - Smitty Strickland/SC
4/29/2019 6:20:39 PM (3209 views)
Re: Retainer? - george Hubka/MI
4/29/2019 9:35:35 PM (3059 views)
Re: Retainer? - Smitty Strickland/SC
4/30/2019 9:30:43 AM (2928 views)
Re: Retainer? - Thomas Conrad/PA
6/8/2019 10:47:52 AM (2189 views)
COO vs Retainer - Victoria Moate/NJ
11/18/2019 11:17:16 AM (1719 views)
Why bother with retainers?  Simply require to be paid when you receive the order. (Cash on Order)

Every online service does it  (Think Amazon).  Appraisers do it.  Home Inspectors do it  Surveyors do it.

I work nationally and internationally. - USA and Mexico.  I hear all the vendors in the USA cry about not getting paid, fall out files, slow pays, etc.  In Mexico, you pay up front for EVERYTHING.  If you hire a closing company, you pay them at the time of hire.  If you order a search, you pay for it at time of hire, etc etc

Too long in the title industry have we allowed our clients to misuse our services by not paying promptly or at all.

I recently had a NY client tell me how bad his fall out was in his office and they are operate in 3 states.  Like 1 in 3.  And that is after they have searched, done the title work, ordered the ancillary searches, etc.  So, he loses approximately $300 hard money cash on a fall out deal and that does not include his office /employee costs.

If EVERYONE decided to charge for their services when hired, it would shift the industry.   This is why local abstractors and title agents should agree to pay when hired.   

The clients would have no other options would they, if we all banded together?  Food for thought

 


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Re: COO vs Retainer - Shannon Budziak/VT
11/25/2019 9:52:52 AM (1402 views)
Re: COO vs Retainer - Victoria Moate/NJ
11/25/2019 11:33:12 AM (1420 views)

[+] Anyone know of this company - Karen Knuth/NY (6 replies)
4/26/2019 5:54:26 PM (4054 views)

[+] Abstracting Software - Wendi See/SC (12 replies)
4/23/2019 2:16:48 PM (3417 views)

[+] NO PAYMENT - Sara Tressler/PA (2 replies)
4/23/2019 12:15:55 PM (3201 views)

NO PAYMENT - Sara Tressler/PA
4/22/2019 5:03:28 PM (2408 views)


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