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Hope you're not holding your breath!
Posted by  JanetK_CA of CA on 8/19/18 2:43pm Msg #597329
I parted ways with them many years ago because of their low fees. Unless you're in an area where there are few signing agents, don't be surprised if you don't even get a response. If you are, and if they need you, then good for you! Stick to your guns!

When business volume slows to the point where it's taking a serious enough hit to a company's profit, most of them are going to look first to the easiest places to cut for quick, short term results, rather than what might seem to make sense for long term - i.e. promoting quality to maintain clients (by paying enough to hire experienced, professional NSAs), rather than trying to compete just on fees.

Unfortunately, 'stuff' tends to roll down hill. In downward cycles, fees start to play a more and more significant role with title co's competing for lender business, and lenders use fees to compete for borrowers. If it gets bad/slow enough, some companies (including title companies) will cut fees out of desperation. In fact, in the slowdown 10 years ago, there were numerous signing services AND title companies that ended up going out of business - including some very big players.

Hopefully, there will still always be some top players who will be able to keep to the high road. But it may be a bumpy ride, so tighten your seat belts, folks!
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Messages in this Thread
 Disturbing Trend - Nick Lazazzera on 8/19/18 1:14pm
 Re: Disturbing Trend - chucke/fl on 8/19/18 1:59pm
 Re: Disturbing Trend - Yoli/CA on 8/19/18 2:25pm
 Re: Disturbing Trend - Harry Battle on 8/20/18 11:22am
 Re: Disturbing Trend - Jack/AL on 8/20/18 11:37am
 Re: Disturbing Trend - Harry Battle on 8/21/18 8:03am
 Hope you're not holding your breath! -  JanetK_CA on 8/19/18 2:43pm
 Re: Disturbing Trend - GQ/Orlando on 8/19/18 3:31pm
 Re: Disturbing Trend -  Greg Wilson on 8/19/18 3:42pm
 Re: Disturbing Trend - GQ/Orlando on 8/19/18 4:07pm
 Re: Disturbing Trend -  Expeditor on 8/20/18 5:52pm
 "explaining each document" - NVLSlady/VA on 8/20/18 9:36pm
 This has been happening for several years. It's supply & -  MW/VA on 8/19/18 4:08pm
 Re: This has been happening for several years. It - GQ/Orlando on 8/19/18 4:14pm
 Boo Hoo-ing on their part - Luckydog on 8/19/18 6:45pm
 Re: Boo Hoo-ing on their part - SteveS/CA on 8/19/18 8:01pm
 I kicked this company to the curb years ago -  Cheryl Elliott on 8/19/18 11:41pm
 Re: I kicked this company to the curb years ago -  JanetK_CA on 8/20/18 1:12am
 "Double" Totally agree, Cheryl and Janet. n/m - grapebed on 8/20/18 9:58am
 Re: I kicked this company to the curb years ago - SteveS/CA on 8/20/18 2:21pm
 BTW, no one is lowering title fees, escrow fees -  Cheryl Elliott on 8/20/18 6:46am
 Re: BTW, no one is lowering title fees, escrow fees -  GQ/Orlando on 8/20/18 7:57am
 Re: BTW, no one is lowering title fees, escrow fees -  Cheryl Elliott on 8/20/18 7:59am
 Re: BTW, no one is lowering title fees, escrow fees -  GQ/Orlando on 8/20/18 8:01am
 Re: BTW, no one is lowering title fees, escrow fees - Jack/AL on 8/20/18 11:30am
 Most SS with "ASAP" in name are opposite of that n/m - Luckydog on 8/20/18 1:50pm
 Notary ASAP - no thanks - cremevette on 8/21/18 9:01am
 Re: Notary ASAP - no thanks -  Cheryl Elliott on 8/21/18 12:59pm
 Re: Notary ASAP - no thanks - SteveS/CA on 8/21/18 2:30pm



 
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