Posted by CARID on 6/22/06 12:38am
Msg #127490

LSI lowers their fees.

I was doing tons of business with them. And then it drop off to nothing.
After talking to LSI they advise my fees are to high after 5 years of perfect closings for them. They now will pay 90.00 max fee. My average drive was 64 miles round trip.

Reply by Lee/AR on 6/22/06 7:46am
Msg #127517

Another good one bites the dust. Hope they wise up fast. For their sake and ours.

Reply by LynnNC on 6/22/06 9:53am
Msg #127547


For management of LSI and NREIS', the answer to decreased revenue resulting from a fall-off in business, was to decrease costs, ergo, reduce the fees paid to Signing Agents.

I wonder if management considered the fact that by lowering their fees, the trusted, experienced signing agents that have worked for them regularly, will no longer.

The lower fees will impact their clients negtively with a decline in service, as only less experienced Signing Agents will accept the fee and there will be more errors, and the companies will lose even more business.

Reply by bfd110_IN on 6/22/06 12:45pm
Msg #127605

Interesting part to this is....

I signed up with them to work directly, passed the background check and filled out the 29 page application. I have never gotten work from them directly but I get calls from signing companies to do the signings for LSI. If they would use the database they developed, they might save some money.

Reply by HARRY_PA on 6/22/06 12:54pm
Msg #127606

Re: Interesting part to this is....

There is more than one LSI. a signing sevice and a title co.

Reply by bfd110_IN on 6/22/06 3:28pm
Msg #127638

Re: Interesting part to this is....

and the addresses are the same?