Michael White, post: 439547, member: 12162 wrote: Q: Was your price determined by time spent or just because it was an ALTA for a Government Agency? For me, a 10 acre topo/ALTA would take less than a couple hours. So at $3,200 per, that's not a bad hourly rate.
Around here, some guys hear the word ALTA and immediately double or triple the price. Not me. I figure how how much I think they're worth, and that's my fee. And yes, I do a bunch of them. And yes, I make a VERY good living too.
Sounds to me like you just priced yourself out of the job. It happens.
" I figure how how much I think they're worth, and that's my fee."
Thank you for being a professional! I bet you make a VERY good living.
Michael White, post: 439547, member: 12162 wrote: Q: Was your price determined by time spent or just because it was an ALTA for a Government Agency? For me, a 10 acre topo/ALTA would take less than a couple hours. So at $3,200 per, that's not a bad hourly rate.
Around here, some guys hear the word ALTA and immediately double or triple the price. Not me. I figure how how much I think they're worth, and that's my fee. And yes, I do a bunch of them. And yes, I make a VERY good living too.
Sounds to me like you just priced yourself out of the job. It happens.
What do you do for 2 hours on an ALTA Survey? Do you review the title work and the adjoiner's descriptions? Do you find all the encumbrances and locate all of the improvements and encroachments and set all of the property corners? Do you ever have discrepancies between adjoiners, and found monumentation, and resolve the ambiguities? I just have trouble imagining how you can physically do it.
Chris Bouffard, post: 439326, member: 12313 wrote: We make good money, always get paid promptly and the work is usually a cake walk. The construction end is where the money is at.
For Now...
Michael White, post: 439547, member: 12162 wrote: Q: Was your price determined by time spent or just because it was an ALTA for a Government Agency? For me, a 10 acre topo/ALTA would take less than a couple hours. So at $3,200 per, that's not a bad hourly rate.
Around here, some guys hear the word ALTA and immediately double or triple the price. Not me. I figure how how much I think they're worth, and that's my fee. And yes, I do a bunch of them. And yes, I make a VERY good living too.
Sounds to me like you just priced yourself out of the job. It happens.
Does your price include the time to prepare :
1. Proposal
2. Table A items check list provided by the client and receiving the title report from the client
3. Review of Title and all adjoiner deeds, and encumbrances
4. Research of Record information (Plat, Record of Surveys, Road R/W, etc.)
5. Utility Purveyor information, coordination with utility locate company and 811
6. Boundary Field Survey, and if marked in Table A setting boundary corners
7. Boundary Resolution (sometimes this can't be completed in the field) and a second trip to set the monuments
8. Field topography
9. Show all zoning, setbacks, etc.
10. Correspondence with the attorney and lenders
11. Final product
12. Administration costs (billing, etc.)
This is a quick list off the top of my head. 2 hours for all that I think you might be THE FLASH.
Jesusfreak, post: 439950, member: 12874 wrote: Does your price include the time to prepare :
1. Proposal
2. Table A items check list provided by the client and receiving the title report from the client
3. Review of Title and all adjoiner deeds, and encumbrances
4. Research of Record information (Plat, Record of Surveys, Road R/W, etc.)
5. Utility Purveyor information, coordination with utility locate company and 811
6. Boundary Field Survey, and if marked in Table A setting boundary corners
7. Boundary Resolution (sometimes this can't be completed in the field) and a second trip to set the monuments
8. Field topography
9. Show all zoning, setbacks, etc.
10. Correspondence with the attorney and lenders
11. Final product
12. Administration costs (billing, etc.)This is a quick list off the top of my head. 2 hours for all that I think you might be THE FLASH.
falcon, post: 439783, member: 12889 wrote: For Now...
I work in a town where the population is exploding. Since 1990 the population has gone form 45,000 to over 100,000 and is rising steadily.
The growth is now extending to two adjacent counties and never slowed down through the recession.
Chris Bouffard, post: 440244, member: 12313 wrote: I work in a town where the population is exploding. Since 1990 the population has gone form 45,000 to over 100,000 and is rising steadily.
The growth is now extending to two adjacent counties and never slowed down through the recession.
I think one of the takeaways from the surprise that some demographics had at the result of the presidential election is that a few highly populated areas (the I95 corridor, the Bay Area, Seattle, etc.) bounced back from the 2007/2008 recession much faster than the rest of the country, if those other areas recovered at all. It looks to me like it's becoming a big feedback loop; the economy recovered here first, so more recent college graduates moved here, that feeds construction and increases the labor supply, which in turn feeds economic developement.
The result is a geographic redistribution of financial and human capital that's pretty much unprecedented.
James Fleming, post: 440251, member: 136 wrote: I think one of the takeaways from the surprise that some demographics had at the result of the presidential election is that a few highly populated areas (the I95 corridor, the Bay Area, Seattle, etc.) bounced back from the 2007/2008 recession much faster than the rest of the country, if those other areas recovered at all. It looks to me like it's becoming a big feedback loop; the economy recovered here first, so more recent college graduates moved here, that feeds construction and increases the labor supply, which in turn feeds economic developement.
The result is a geographic redistribution of financial and human capital that's pretty much unprecedented.
Yes, looking around at real estate prices in remote rural areas is interesting, very low prices. Problem is there are no jobs there.
Fewer jobs. Not "no" jobs. The fun is in experiencing the lower cost of living while still charging prices close to those in more urban environments.
But, for gosh sakes, don't tell anybody. We don't need any new neighbors, especially those who think twice the price is half the price. All they do is run up our property taxes.