When I was abstracting, our commercial searches started at $250 and if it was particularly complicated we quoted a price that was very roughly based on our estimated time involved at $40 per hour. It was always such a wild guess that I don't think I could even guess what an average price was.
It is also notable that we are not in a heavily developed urban center, so most of the commercial searches we got were not terrible. We didn't see a lot of complicated leases, party wall agreements, easements, or creative financing deals. I think location could have a large impact on average prices.
Best,
Robert A. Franco
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