Posted by Richard Ingram on 6/6/07 9:01am
Msg #193843

Land America/Low Balling

Anyone else having a problem with Land America fees. I have turned down their last 3 orders due to their fee structure. In the past I have enjoyed what I thought was a good relationship and have been doing 5-8 per month with no fee problem. They wanted me to travel 80 miles, e docs and said they would only pay $10.00 travel fee. I told them thanks but no can do. Also, I have had 2 TC contact me and agree on fee but never received a confirmation in the past week. Looks like everyone is wanting something for nothing. Any comments
Richard Ingram

Reply by Lee/AR on 6/6/07 9:13am
Msg #193848

Only comment I can think of is: We can't fix stupid. Either LandAm gets some smarts... or the dumb NSA who's taking these does.

Reply by ME/NJ on 6/6/07 9:17am
Msg #193849

80 miles - 10 dollar travel fee

gas $3.25/gallon avg 4 gallons used on the trip = $13.00 Now factor your time driving, wear, tear and insurance

Sign Me up...

Reply by Susan Fischer on 6/6/07 10:03am
Msg #193861

The cost to drive is over 52 cents per mile. Ergo, 80 miles

costs over $41.60. Even at the tax deduction rate of 44 cents, the cost is $35.20.

Accepting 12.5 cents per mile?

When the lowballers figure out they are ~paying~ for the privilege of working, perhaps even they will understand it is too high a 'cost of doing business.'

Sheesh. I need some coffee.

Reply by ZeeCA on 6/6/07 10:40am
Msg #193873

for some reason they pay me my fee n/m

Reply by Nicole Clement ClementClosingServices on 6/6/07 11:21am
Msg #193882

Re: for some reason they pay me my fee

Interesting... I had the same thing happen last month... got a call... they always prefice their calls with " I have one in your area, it's only a small package" ... so you know where they are going with that... I negotiated the fee, but not to what my normal fee is... then they sent me the doc's 1 hour before the settlement but now it's a first and second... opps, we forgot to mention that... so I called back and told them their fee wasn't acceptable for a first and second... after a nasty conversation, she accepted my fee.... not only is gas a problem now but in MD. you have to have other licenses aside from just being a notary.... thanks for sticking to your guns and not budging on your pricing.... these low ballers will learn, they will get what they pay for.

Reply by LynnNC on 6/6/07 8:22pm
Msg #193943

Re: for some reason they pay me my fee

The scheduler will not necessarialy know that there is a 1st and 2nd. Usually, all you have to let them know, and they will adjust your fee accordingly.

Reply by Susan/CA on 6/7/07 1:28pm
Msg #194041

Re: for some reason they pay me my fee --not anymore as of

last Friday they told me they lowered their fees. They will try until they find someone to take the fee . . which you and I both know they will find someone!

Reply by Kari Schaffner on 6/6/07 11:37am
Msg #193883

Met my fee...

I have worked with them a couple of times and each time they met my fee (had to negotiate) and had no problems with getting docs.

Reply by Nicole Clement ClementClosingServices on 6/6/07 11:56am
Msg #193886

Re: Met my fee...

lucky you Kari... everytime they call, they want to only pay $85.- $100. It costs a lot of money to keep a TPL license in MD, plus E & O.

Reply by NCLisa on 6/6/07 12:17pm
Msg #193894

It depends on the lender if they will meet your fee n/m

Reply by Sandy_MD on 6/6/07 5:05pm
Msg #193931

When I first signed up with them about 6 months ago, I filled out a fee schedule and they have had no problem meeting it. I have not had to negotiate on any fees. Every confirmation has the fees that I first agreed to, and I did not skimp on the fees either.
I love it when they call I hope that I am free, easy packages, most of the time they are sent to me early, and they pay with in about 2 weeks. I’ll take all that come my way.