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Boo Hoo-ing on their part
Posted by Luckydog of FL on 8/19/18 6:45pm Msg #597341
What a sob story to make us feel sorry for their shrinking profit margin. Our profit margin has been shrinking since I started in 2005, do they care about us? Nope, not really. I started at average $100.00 closing loans in 2005, and since then the cost of living has dramatically increased and still trying my hardest to maintain that $100.00 closing. Do they care? We can only squeeze so much toner from our cartridges taping them off, burping them for an extra few pages, scouring places to get the best deals on paper, we plan our driving trips sparingly to save a buck on gas and toll charges, and they cry and want to offer us even less? Great for them, we just have to say "no". We cannot lose any more tiny profit margin than we already have. We are not making any volume to make up for the loss. Sure send me 4 closings a day at $85.00 close by and we shall talk...it doesn't happen. They take and no give, and threaten to stop using you if you don't. Blackmail?
They need us just as much as we need them. Newbies especially who haven't a clue of price points and business profitability are the only ones keeping these people eating steak and taking vacations while we have to eat ramen to get the rent and electric paid on time.
We need to just say no to their closings and move on to companies who appreciate us and want to treat us with respect. No is a powerful word, as is blocking lowball companies on SD. Pretty soon if we all do it, they will have to go back up to get their loans closed and make their companies happy with their notaries. jmo
PS...maybe we should start sending them our sob story letters on how we can't pay our bills on $85.00 closings
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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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