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[-] A word about prices... - Robert Franco/OH (5 replies)
10/13/2005 5:40:44 PM (3621 views)

Most of us abstractors work for many different companies.  Many of those companies are vendor management companies - middlemen.  They keep popping up, grouping together a bunch of us abstractors, and going to the lending institutions, or in some cases other VMCs, and offering lower prices to get the work.

Now the strange thing is the abstractors are mostly the same bunch that actually do the work. Yet, every time they go back to the abstractors and say "I'm getting a big new client and I need you to lower your prices" the work is being lost from another VMC which some abstractor (maybe the same one) is already getting.

The point is that every time a group of abstractors is put together under a new umbrella there are more pressures to lower prices.  Why do abstractors keep lowering their prices to get work they are probably already getting from a different client?

There is only so much work out there, and only so many abstractors that actually do the searches.  The only thing that actually changes is the name of the client and fee they are willing to pay.  Those who do the work need to be setting the prices - not the middleman who is only getting the work because they know that they can force the abstractor to take the hit.

Just my $0.02,
Robert A. Franco
SOURCE OF TITLE

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Re: A word about prices... - Kurt deVries/FL
10/14/2005 9:39:16 AM (5183 views)
Re: A word about prices... - Robert Breakell/CT
10/14/2005 9:50:44 AM (5240 views)
Re: A word about prices... - Robert Franco/OH
10/14/2005 12:03:18 PM (5253 views)
Re: A word about prices... - Scott Perry/PA
10/14/2005 5:24:10 PM (5181 views)
Re: A word about prices... - Bo Hope/AR
10/16/2005 1:55:51 AM (5153 views)

[+] Here's my rant - Loretta Reed/MD (7 replies)
10/13/2005 11:05:00 AM (3022 views)

[+] Refaxing - Danielle Nelson/WI (8 replies)
10/12/2005 2:14:31 PM (3058 views)

[+] Rant! - Tammy Knight/MO (16 replies)
10/12/2005 12:49:24 AM (2987 views)

[+] Erevna? - Tammy Knight/MO (2 replies)
10/12/2005 12:28:49 AM (3080 views)




[+] United Document Services of East Northport - JENNIFER HOLZMAN/PA (1 reply)
10/11/2005 1:24:41 PM (2979 views)

Abstractor Educational Workshops!!! - Jay Duncan/MO
10/7/2005 8:06:03 AM (3569 views)

[+] Are you going to vote? - Jay Duncan/MO (1 reply)
10/7/2005 8:03:07 AM (2689 views)

[+] WORKING CONDITIONS - Scott Perry/PA (34 replies)
10/6/2005 11:33:25 PM (2930 views)

[+] ATA - Iris Buchman/FL (5 replies)
10/6/2005 1:17:26 AM (2915 views)

[+] Be Clear with your Client - Wanda Steudel/OH (8 replies)
10/5/2005 5:13:39 PM (2719 views)

2005 Independent Examiner Report Weekend Interviews - Jarrod Clabaugh/OH
10/4/2005 11:12:02 AM (2330 views)

[+] PLAT MAPS? - Rebecca Barney/FL (14 replies)
10/4/2005 9:24:49 AM (2897 views)

Hello - Ricky Farrow/FL
10/3/2005 7:30:38 PM (2329 views)

[+] Resolution to India Call - Jason Sheppard/PA (1 reply)
10/3/2005 11:55:48 AM (2738 views)


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