Reply by dmitchsr on 1/11/04 1:15pm
Msg #597
I agree with you Barb. While I don't particularly chase SS's, some are needful and have a good reputation, and I hope that their businesses prosper. Others (the midnight ramblers)...well...may have perhaps bitten off a little more than they could chew, or did not have the staying power, coupled with the necessary management skills and fore-sight to weather trend shifts or storms. This business has peaks and valleys, just as any other business, and must make necessary adjustments inorder to stick around.
The rise and fall of many SS is indicative that new business in any industry is a tough thing to maintain, especially if its season has peaked. The Title & Escrow Companies that have weathered storms time and again are those that I try to become affiliated with as anchors. This is not to discredit, negate the use of, or minimize the necessity, viability, and effectiveness of SS. It's just smart to introduce yourself to those who originate the docs and purpose the service, provided you don't breach any agreements in so doing.
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