Register
Log In
Forget your Password?

Home
Directory
Bulletins
Forums
Blogs
Articles
Links
Classifieds
About Us
Contact Us
Advertise
FAQ
Privacy Policy


Discussion
<< get older messagesget newer messages >>
to post a message: login - or - register | search messages | show all replies



[+] Title Services Direct - BRAD ABRAHAMSON/MN (4 replies)
10/24/2023 4:51:12 PM (2777 views)

[+] First Key Title - Jay Duncan/MO (1 reply)
10/23/2023 8:22:59 AM (2421 views)

[+] Macon, LLC - PETER SCLAFANI/NM (1 reply)
10/18/2023 6:20:40 PM (2089 views)

[+] ATTORNEYS - Michael Rosing/IL (2 replies)
10/12/2023 9:14:14 AM (2093 views)

[+] ANS TITLE SOLUTIONS - Michael Rosing/IL (1 reply)
10/9/2023 11:57:42 AM (2045 views)




[+] Axle Title Research - Ray Glowniak/CA (4 replies)
10/5/2023 11:05:47 AM (3448 views)

[+] Avanze Paid Up - Jay Duncan/MO (6 replies)
9/29/2023 4:43:16 PM (2053 views)

[+] Avanze is getting caught up - Patty  Baber/FL (2 replies)
9/29/2023 7:34:10 AM (1904 views)

[+] Working with Small County Courthouses - Jay Duncan/MO (6 replies)
9/26/2023 3:25:26 PM (2297 views)

[+] VKM - Michael Rosing/IL (11 replies)
9/26/2023 11:48:37 AM (2763 views)

[+] Unresolved Payment Concerns with Avanze – Cautionary Note - athira Nithin/DE (4 replies)
9/26/2023 10:45:56 AM (1767 views)

[-] Inflation adjustment - Kurt deVries/FL (9 replies)
9/25/2023 1:50:29 PM (2482 views)
Re: Inflation adjustment - Randi Erickson/MN
9/27/2023 4:37:18 PM (3344 views)
Re: Inflation adjustment - Scott Kretsch/AR
10/12/2023 10:09:23 AM (3307 views)
Re: Inflation adjustment - Patty  Baber/FL
9/29/2023 7:56:29 AM (3337 views)
Re: Inflation adjustment - Joel Holstad/MN
10/2/2023 9:26:34 AM (3215 views)
Re: Inflation adjustment - Kurt deVries/FL
10/4/2023 10:21:21 AM (3108 views)
Re: Inflation adjustment - Cheri Hasslinger/MD
10/9/2023 11:09:28 AM (3290 views)
Re: Inflation adjustment - Denise Williams/MO
10/15/2023 9:11:06 PM (3611 views)
Kurt, if one does not raise the price of the search, a similar impact could be secured by lowering one's costs.  As a technology provider, RDS - Real Document Solutions, we offer the most robust Search Production Software(TM), our customers have experienced efficiency improvements of more than 30% on average over legacy methods/software. 
Typically we hear that when things pick up, then the labor costs pick up.  This doesn't have to be the case. 
Reducing one's base costs, reducing errors, increasing security and increasing turnaround, can help you improve your competitive edge (get more business) while improving margins - technology is a tool to enable this!  
Additionally, as we look to the future, systems integration will become more valuable and protect your business as to not to be displaced.  There will be less reliance on email.  If you look at some of the TPSs (Title Production Software) the search firms they've integrated with probably can command more $$$, and not be chiseled down and whittled down like the rest of the market ...  Title companies will continue to see pressure to be more efficient internally and that includes 'integration' with vendors for efficiency.  If you're a vendor, these are conversations to have... what system are your clients on, how can you connect with them for simplicity and speed, do they want to get workflow updates?   Are you risking future business, if you are sending your completed packets as an emailed pdf attachment?  
If you think you cannot compete with the extra large search firms that are API-integrated with the clients' TPS, then let's talk - because I believe you can compete!  
This should have been a blog post, oh well.  ;)  I understand that raising prices should naturally come, especially as home costs/loan costs have risen and title insurance costs rise too, why aren't searchers getting their piece of this appreciation?  Hard to say. 
What you can do to bring more money into your coffers is to run more efficienciently (doing more with less), and protect this with a 'value moat'  by creating switching costs for your client to move from you to other sources - this can be done by securing integration and other unique efficiency improvements...which may in the end lend itself to increasing your price - the very thing your are desiring.  When your relative value has increased, get paid for it!to post a reply: login - or - register


Re: Inflation adjustment - Michaela Urban/OH
10/23/2023 1:46:23 PM (3054 views)
Re: Inflation adjustment - Sherree Luke/PA
11/13/2023 12:53:58 PM (2801 views)

[+] Ameristar - Diane Sherrill/SC (7 replies)
9/21/2023 7:39:37 PM (2203 views)

Overseas Wunderkind - Kurt deVries/FL
9/21/2023 12:12:48 PM (1660 views)

[+] Non-Payer - TIMELY DOCUMENTS LLC - jess barker/IL (5 replies)
9/14/2023 6:45:31 PM (2054 views)


<< get older messagesget newer messages >>

DISCLAIMER: These Message Forums are un-moderated and Source of Title does not endorse the content of any of the posts. Source of Title discourages libelous comments and you, as the sole creator of the content, take full responsibility for your remarks.
Directory

The Source of Title Business directory has 8975 listed companies.

Leave feedback on a company:
SOT ID #:  learn more...
DRN Title Search
Blogs

Read other users' blogs-- or start your own!

Most Recent Blog Posts:

Beneath Every Closing Lies a Story
Michael Stelzer's Blog
2026/07/18
0 comments

Residential Appraisers: Reclaim Your Time
Will Duncan 's Blog
2026/07/09
0 comments

ATTENTION CIOs, CTOs, VENDOR MANAGERS, AND SUPPLIER MANAGERS
Will Duncan 's Blog
2026/06/15
0 comments

Articles

Source of Title articles help to keep you informed on the state of the title industry.

MISMO to Launch FRAME Interactive Workshop, Put AI Governance into Practice
"Everyone is trying to figure out how to use AI effectively, but just as importantly, how to do it responsibly," said MI...
Mortgage Applications Decrease in Latest MBA Weekly Survey
“Following last week’s spike in oil prices, mortgage rates moved higher, with the 30-year fixed rate increas...
Foreign Buyers Purchased $45.3 Billion Worth of U.S. Homes from April '25 to March '26
“The decline in foreign home buyer activity mirrors the decline in international visitors and tourists to the Unit...
Second Century Ventures Announces 8 Companies for 2026 REACH Commercial Scale-Up Program
Second Century Ventures, the strategic investment arm of the National Association of REALTORS® and the most active ...
New Home Sales Edge Higher as Affordability Challenges Persist
“New home sales are gaining some momentum at the more affordable range of the market, with homes priced below $300...

Search Articles:
browse...

Classifieds

Buy, sell, or trade! Browse the ads or post your own!

© 2020, Source of Title.