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BobbiCT
Connecticut
135 Posts |
 Posted - 06/11/2008 : 05:39:18 AM
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Sandy,
You should try to contact the Montana Notary Association. I am sure some of their members will be able to give you some suggestions.
I remember from talking with my Montana friend that, depending on your area, travel expense (gas, insurance, wear & tear on car, SNOW!) is an important key to your business plan when calculating the net profit per assignment. |
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crtowles
California
553 Posts |
Posted - 06/10/2008 : 12:18:26 PM
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Welcome Sandy. If you want to call me I would be more than happy to show the ropes. 888 838 1458 option 3.
For starters Ken is correct. If you start out low they will NEVER let you raise your prices. Many notaries feel that they are new so they start out so low to get their feet wet and once they have enough confidence/experience they try to get more and find that the majority of companies just won't pay it-no matter how good you are. The first thing is that you need to know who you are talking to when a call comes in. If it is signing company then they will pay only so much. Most of us (on average) charge 75.00 for overnights and 25.00-35.00 for e docs (printing fee) for a signing company. If it is a title, escrow loan officer, etc the average is about 125-150.00 plus 25 for e docs depending on the type of loan. This is just a ball park. You will have to decide with gas, paper, ink, etc. what you can live with.
Good luck!
Carmen |
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edelske
New York
815 Posts |
Posted - 06/07/2008 : 5:01:53 PM
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Welcome to the Clan, Sandy!
I live in NYC and it's a bit more expensive here.
My fee is 75$ for labor and 50$ for edoc printing (2 sets).
I also add $50 for travel if going to the next county.
I refuse about 1/3 of the calls as, counting time, tolls (around here they are everywere) and gas - I just cant work for the "leftovers" after a Signing Service takes (usually) more than half.
One thing you can be sure of - if you start very low (to get a "foothold" your clients will NEVER want to pay you more. What you need to worry about is NOT getting enough calls.
"The average notary" really don't exist - nor does "the average job" - just be sure to find out exactly what is expected of you by asking detailed questions PRIOR to giving a quote.
You might wind up printing 300 pages of legal, driving 35 miles, faxing 30 pages to a non-toll free number, and hand writing 25 loose acknowledgements for $50 - they will pay you as little as they can.
Kenneth A Edelstein
Mobile Notary, Apostille Processing & Fingerprinting
http://www.kenneth-a-edelstein.com |
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n/a
Montana
2 Posts |
Posted - 05/27/2008 : 08:08:32 AM
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I am fairly new at this, and thus, have not wanted to take on too many signings too fast. What I don't know is, how much does the average notary get per closing. I don't even know really what to say when they ask what my fee is. I know what I'd like to say, but that is soooo impossible. Please, someone help me.
sandra l evans |
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