Posted by Mary Tirado on 8/28/11 11:22am Msg #395346
need my phone to start ringing
I have not had any calls for signings this month. ring...ring..ring
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Reply by Moneyman/TX on 8/28/11 12:15pm Msg #395356
Link your profile. I can call you just so you can hear it :) n/m
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Reply by Pam/TN on 8/28/11 2:25pm Msg #395364
I know the feeling Mary, the only calls I have gotten this month were low ball offers, with a reply of "let me see if I can get your fee approved" and of course no return call. I live in a small area, and there are at least 3 other signing agents in this area, so obviously some or all of them are excepting the low ball offers and have basically put me out of business. Even the TC's I have worked with so many years have went to the low ballers. Very frustrating.
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Reply by rolomia on 8/28/11 4:14pm Msg #395377
Apparently, TC's discovered that some SS's were successfully hiring NSA's with lower rates. Since TC's are more concerned with profits than image, they, too, resorted to low-ball fees. It seems that most TC's new agenda is to find out just how little they can get away with paying their NSA's. Newbie NSA's who accept low-ball rates have become the laughingstock of our industry. Shameful!
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Reply by Moneyman/TX on 8/28/11 4:29pm Msg #395379
Not really a new thing
It started when some of the TC's basically moved a desk to another part of the office and placed one or two of their employees at the desk so they could claim they were WTH Signing Service and skimming off the top what they used to pay the NSA directly.
Now thanks to those SS, the notary "SS", and the XYZ assoc, they have been shopping for garage sale pricing for a long time while continuing to charge the borrower the same if not more for the same services.
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Reply by Ali/IL on 8/29/11 12:11pm Msg #395504
Re: Not really a new thing
So true Moneyman. And, I see a lot of new names on this board. There is just not enough to go around. Those of us that have been around for awhile remember what they used to pay. The new ones don't so they don't see what has happened.
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