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arcee
Oregon
10 Posts |
 Posted - 12/28/2006 : 11:37:14 PM
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quote:
Originally posted by dontbelivethehipe
We charge $125 + $25 for e-docs/print in our county. We cover three countys, outside our county we charge distance/fuel. Both wife and I are signing agents and we belive that notaries should try to insist on reasonable fees by using an independant contractor agreement with fee schedule. If they won't sign your agreement then their indentions are much less than forthright and even if you accept the assignment travel to the ends of the earth and complete all noterazations perfectly they sill are not going to pay. We use the IC agreement to stop all the BS. We have even thought about demanding a credit card number to secure payment as the next step.
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n/a
6 Posts |
Posted - 12/28/2006 : 11:15:06 PM
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Signing services don't like independant contractor agreements, ours clearly states we do not accept reduced fees, period! We charge for re-scheduling, they like to call and schedule a time before anyone has a real clue when docs will be sent and end up sucking up your entire days schedule waiting. Then when they finally come they expect you to jump through hoops to get it done yesterday, we charge for this kind of crap. Our IC agreement clearly states this and other charges that may apply if needed to complete the assigment. The IC agreement lets them know we guarantee our work and what services are included in the fee and what is additional.
If they won't sign the agreement that's the big red flag..... |
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n/a
6 Posts |
Posted - 12/28/2006 : 10:52:01 PM
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| We charge $125 + $25 for e-docs/print in our county. We cover three countys, outside our county we charge distance/fuel. Both wife and I are signing agents and we belive that notaries should try to insist on reasonable fees by using an independant contractor agreement with fee schedule. If they won't sign your agreement then their indentions are much less than forthright and even if you accept the assignment travel to the ends of the earth and complete all noterazations perfectly they sill are not going to pay. We use the IC agreement to stop all the BS. We have even thought about demanding a credit card number to secure payment as the next step. |
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n/a
California
2 Posts |
Posted - 12/15/2006 : 11:56:14 PM
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| JUST STACKIN THAT PAPER...AND IM BALLIN! |
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n/a
California
2 Posts |
Posted - 12/15/2006 : 11:51:24 PM
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| I agree, I stopped accepting $50 a long time ago(my rookie yr), for the past two years Ive been charging $75-$100 & up even to these stupid signing services. I tell signing services to call me if their loser $50 notaries are unavailable, it has worked Im full time in my area... |
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rmorton
6 Posts |
Posted - 12/14/2006 : 4:18:49 PM
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quote:
Originally posted by SelectProcessing
As I surf the net searching for companies that will pay $100 or more for the valueable service that NSAs provide to lenders and title companies alike...I find that not many pay over $50 a signing. I think it is imperative that notaries and NSAs demand acceptable pay for the necessary service we provide. It is important that across the board, NSAs and notaries collectively request higher fees.
If you are printing out documents and making copies, you definitely deserve $100 and up no question about it. The toner alone is about $90. Not to mention the higher cost of gas. Driving 40 miles takes up half a tank of gas depending on what you are driving. These are all expenses to running independent service centers that deliver signing services. Typically if inflation or cost of living increases, a company must downsize or restructure its short and long term strategies accordingly to continue to do business without loosing money.
All I am saying is that if collectively we as professionals demand appropriate compensation for the services we deliver,only then will signing companies and the like be less likely to offer jobs for $45 -$50 because they know this just is not acceptable anymore to anyone.
Think about it. You are worth more than $50 bucks! Isn't that why you went into business for yourself in the first place?
There are many siging services that pay 85-150 per signing. I finally learned that if you refuse to take less than 85 for overnight Docs and 150 for e-Docs you may have fewer signings but will make more money over the long haul. We MUST stop taking signings for less than 85.00. Look at the hud and see what fees they are charging for your service.
Ray Morton |
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crtowles
California
553 Posts |
Posted - 12/09/2006 : 11:34:09 PM
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I too charge 175.00 but this usually includes a print fee for a first, 1/2 of that for a second. Any jobs I accept must be within 5 miles or so within my area. Doc's must be ready. I do not wait for doc's as this will tie up and ruin my day. I am a no nonsense notary :). I do not typically work for any signing services. I have on occasion taken 1 or 2 here or there but fees starts at 100.00 and go up from there.
Stand your ground people. These folks are making a ton of money off the sweat of our brows. And although it takes time to build good relationships with people who respect and pay you well..it CAN be done.
Happy Stamping!!
~Carmen |
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bajorek
6 Posts |
Posted - 12/07/2006 : 2:52:11 PM
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I charge $175 per closing and I do not negotiate. I will travel the entire state (and I usually have to  ). I do not print docs, I just pick them up, I only work for local companies, and have never worked for a SS. I also include a invoice with each completed closing. I am paid when the loan funds.(3 days later) If the client rescends, I expect a check from the title companies "special" account within 48 hours of the cancellation. Believe it or not I have never had the payment nightmares that I read about in this forum. It really makes me hesitant to ever work for anyone other than local companies. I average about 6 closings a week.
Dana in Arkansas |
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n/a
2 Posts |
Posted - 12/06/2006 : 10:33:51 PM
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I agree, we must be fairly compensated. Time is money in any industry or line of work. They are getting over big time. I stopped accepting orders from signing companies and now deal more directly with the lenders, title companies. etc. There are some that are willing to pay without negotiating, so the ones who don't I kindly decline. I can get about 5 calls a day and decline all of them b/c of the unreasonable fee. I pride myself on my work and I get it done right the first time all the time. So, the cheap ones will get what they pay for.
FYI - I would stay away from SIGNATURES PLUS. They haven't paid me for services done over 4 months ago. I've been back and forth with them and its excuse after excuse.
I also stay away from companies that pay 45 days or more. Why should we have to wait that long. There are companies whose turnaround time is as soon as the following day/week.
Once you feel you are worth more, you will ask for more....bottom line. |
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n/a
Florida
4 Posts |
Posted - 11/30/2006 : 8:51:51 PM
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We charge and receive fees of $150 per closing. I have two title companies as clients who give me 10+ closings per week, who I only charge $125 per closing, plus distance fees past 20 miles.
We require our Independent Contractor Agreement be executed before any comfirmation of assignment, so everyone understands the terms of our services. We do not accept reduced fees, and if not paid within 30 days, we charge collection fees and interest. I have been getting paid these additional charges.
If you call a courier service and ask for RUSH delivery, its more like $100, just to carry a package from one place to another.
I often ask new clients calling what they are willing to pay for my services, especially the 7:00 pm calls for 8:00 pm closings. Yes, I am available, but what is it worth to you now! We were once offered $350 for simple refinance 20 miles away, because of their urgency! |
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Renee
Michigan
549 Posts |
Posted - 10/21/2006 : 12:22:26 AM
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The docs I had to have couriered were from my prior life, working in lending - nothing at all to do with notarizations, not notarized docs. Actually - in all cases, it was a Note that came back invalid (for various reasons) and just happened to be w/ local borrowers. When time = money, we paid the courier to run it instead of sending it back to title to fix.
My point was that it costs $50 just to get taxi service for docs - if you're doing signings for that price, then apparently there is no value in your services (by yourself and others) other than as a taxi. |
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Renee
Michigan
549 Posts |
Posted - 10/20/2006 : 7:29:53 PM
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In the past I've had to hire a courier to come pick up a single page document, drive it 20-some miles one-way, have someone sign it, and drive it back to me. We found couriers for this - not notaries, not SA's, JUST COURIERS, just a body with a car. In fact, I recall once hiring a TAXI to accomplish this. The charge was $50.00, for all the ones I recall.
Any company that pays taxi-wages doesn't have a right to complain about anything, if the document got there and back. And any person working for $50 with the abilities and skills to do more than drive a car back and forth should read this. |
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LaserLady
22 Posts |
Posted - 10/05/2005 : 06:36:02 AM
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You said it as clear as it can be said. We must not settle because of all that we put into this just to get to the signing. If you really sit down and work it out, you are not getting paid enough to begin with anyway. It can actually end up being an expense if we are not careful. We have to be paid accordingly for our services and depending on what you drive that hundred bucks may only cover GAS! NSA's let's not settle. Our services are very necessary.
LaserLady |
Edited by - LaserLady on 10/05/2005 06:38:36 AM |
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SelectProcessing
9 Posts |
Posted - 05/03/2005 : 12:33:00 PM
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As I surf the net searching for companies that will pay $100 or more for the valueable service that NSAs provide to lenders and title companies alike...I find that not many pay over $50 a signing. I think it is imperative that notaries and NSAs demand acceptable pay for the necessary service we provide. It is important that across the board, NSAs and notaries collectively request higher fees.
If you are printing out documents and making copies, you definitely deserve $100 and up no question about it. The toner alone is about $90. Not to mention the higher cost of gas. Driving 40 miles takes up half a tank of gas depending on what you are driving. These are all expenses to running independent service centers that deliver signing services. Typically if inflation or cost of living increases, a company must downsize or restructure its short and long term strategies accordingly to continue to do business without loosing money.
All I am saying is that if collectively we as professionals demand appropriate compensation for the services we deliver,only then will signing companies and the like be less likely to offer jobs for $45 -$50 because they know this just is not acceptable anymore to anyone.
Think about it. You are worth more than $50 bucks! Isn't that why you went into business for yourself in the first place? |
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Appropriate Pay for Valueable Service
