You see, that's the problem. It seems to me so many keep dropping their comfort level.
SL used to be one of the best. TS used to be one of the best. And how many others? They've dropped their fees more than 50% over the past 5+ years while all expenses have doubled, tripled over the same amount of time. And the notaries that are taking these fees just keep on coming, a new wave every six months or so. And all the third parties that just keep reaming the SA.
I was called by an SS the other day, who's been in business almost as long as I have and this was the first call I've ever gotten from them. Told them my standard fee, which is $125, has been for years. Of course, they offer that standard $100, which seems to be more than most nowadays, but used to be the norm because evidently that was "industry standard", which again, NSA's did that to themselves. Then this SS said could we split or meet me half way, something to that effect and so I said I'll come down to $115. So that's what we agreed upon.
The docs come and wouldn't you know it the CD has $200 to the SS. Making half off our backs, really infuriates me. Should they make a profit? Of course. But 50%, hell no.
And when a title company offers these ridiculous fees, they're following in the steps of SS's. It's best just to kick them to the curb and let these clueless notaries take all they can handle and work their arses off for very little pay. Sooner or later they're going to "get it" or drop dead from exhaustion. |
