Posted by TXNotary on 8/14/07 12:03pm
Msg #205449

Just got a call from Precision Closing

Southern CA to do a 1st and 2nd for $40 that is 30 miles away round trip. I told them my fee for edocs XXX and they asked for my o/n fee XXX. I guess some desperate person in my neighborhood will take it. What a joke.

Reply by BetsyMI on 8/14/07 1:18pm
Msg #205471

Maybe the $40 is just for the edocs...LOL! n/m

Reply by JohnnyB on 8/14/07 3:23pm
Msg #205500

Are you sure about that fee, that's nuts. You should call them back and verify.
Precision should be vilified and crucified for even offering that fee.

Reply by TXNotary on 8/14/07 4:25pm
Msg #205526

I am positive. this is not the first call I have rec'd from them.

Reply by UKCowboy_CA on 8/14/07 7:17pm
Msg #205551

They get $200 at close of escrow then they don't want to pay you $40.

Reply by MelissaCT on 8/15/07 9:16am
Msg #205630

Re: Used to be a $50 company, have recently dropped

to $40 requests. Unfortunately, they do pay timely & their packages are small & easy with well-prepared borrowers that almost never result in a no-sign or recission. They do have minimal fax-backs. They would pay more on occasion & have met my fee overall. However, I can't/won't do $40 for anyone, even if it's next door!

Reply by CJ/Alaska on 9/24/07 6:01pm
Msg #212855

I am getting the exact same Ridiculous Low-Ball calls here lately as well.
They expect us to be Experienced. Carry E/O Insurance, we're bonded,
we pay our Notary fees & membership, and they offer us such low amounts.
I have turned down the last (3) Calls I got, because the fees offered were
nearly 50% less than what I usually get.. (one from Precision today!)
I wonder about these companies.. do these employees have Background
Checks like we do? Or are these just phone banks with people making tons
of phone calls all day?
I wish more Title Companies and Lenders would call us Agents directly.
Then they would get more value for the borrower's money.