Posted by Jack Tri on 6/29/08 10:45am Msg #253612
Turned downs
If you dont have any turn downs. Then your prices are TO Low. If you have a lot of turn downs Your prices are to high. Greediness often comes back to bite you in the form of reduced customers.
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Reply by Lee/AR on 6/29/08 11:17am Msg #253618
Or you're dealing with the cheap companies.
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Reply by Alice/MD on 6/29/08 12:11pm Msg #253623
I think we are pricing our services according to a need to make a certain profit percentage. If our state turned into an attorney state their price would be based on the same. Some states have more expenses than others ... such as the requirement to have TPL, surety bonds in addition to E&O along with many other expenses which would be included in the pricing.
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Reply by Carole Breckbill on 6/29/08 5:55pm Msg #253642
Location is also a factor. Both coasts and big cities are usually higher.
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Reply by claudine osborne on 6/30/08 8:31am Msg #253657
I base my prices on location and type of closing. This is a rural area, it requires more driving, often times these companies do not keep that in mind with regards to email docs and time to get to our location..I inform them but they sometimes ignore this. I do have a standard fee and will not go below this..
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