Posted by Diana/MO on 4/13/07 4:56pm
Msg #185082

Slow paying??

I have done 3 closing for February and just received my first payment. Anyone else having these problems?

Reply by Elisa/CA on 4/13/07 5:15pm
Msg #185084

Yes!! First Choice Signing Service out of Fairfield is guilty of this! I've decided never to do a signing for them again.

Reply by kcg on 4/13/07 5:17pm
Msg #185087

I also am experiencing this with several companies......I'm getting ready to 2nd invoice them if nothing comes by Monday......I'm not sure why the companies are getting so slow to pay

Reply by sandi42 on 4/13/07 5:18pm
Msg #185088

It's happening more and more even with title companies.

Reply by Kari Schaffner on 4/13/07 5:26pm
Msg #185092

Ugh!! I have been having major problems! So far I have 4 from the beginning February that haven't paid and are non-responsive to emails/calls. Grrrrr...seems to be happening more and more!

Reply by PL on 4/13/07 6:01pm
Msg #185099

Have you tried calling the folks who hired them?

45-60 days should be ample time for anyone to balance the books and pay the subs. May I suggest that you call the title company that hired them and tell them that their subs are not following through on the deal.

Reply by Gigi/CA on 4/13/07 7:24pm
Msg #185111

YES and it seems as though the SS that you can count on for fast pay are getting slower too. Whats going on??

Reply by LisaWI on 4/13/07 7:41pm
Msg #185114

Saw this starting to happen about 3 months ago. Companies that normally pay 30 were starting to pay at 45, 45ers were going to 60 and so on and so forth.
IMO, the pinch is starting at the top and trickling down. Lots of action in the real estate biz these days. You can watch it on the evening news now.
Signing Services are getting hit and even the good ones are. A couple I love working for are even slacking just a bit, which is very unusual for them.
Its going to be a bumpy ride, so hang on. Plan accordingly and market, market, and market some more.