| |
 Dear Signing Agents,
You need to REGISTER and have a password to post or reply to discussion topics. Please remember, your password for your listing on 123notary.com is NOT RELATED to and is different from your password on the forum. Your password on the forum can be whatever you want it to be.
|
|
  Be the first person to vote!
| Author |
 Topic  |
|
|
Shannon
California
360 Posts |
 Posted - 08/12/2009 : 12:11:26 AM
|
I'm another who agrees with Lee.
I continue to turn down work from any company offering lowball fees...even though I desperately want to work. You must "set your own minimums" and then "stick to your guns"
Still amazed at many SS's and what they try to pull...don't sell yourself short [or they'll own you-and so will your competition].
"A Quick Note"
www.aquicknote.net
Follow me on Twitter:
https://twitter.com/aquicknote |
|
|
|
BobbiCT
Connecticut
135 Posts |
Posted - 08/10/2009 : 06:02:59 AM
|
In my business plan, each & every signing must stand on its own merit. A promise of anything in the future is not taken into consideration as it may or may not happen.
Pefectly stated, Lee.
A verbal promise by a stranger over the telephone in a far-distant state whose only goal at the moment is to get the loan application documents asap or refinance documents signed at the lowest possible fee, isn't even as reliable as the statement, "You will get paid when the loan funds." Only the novices playing this game say, "You will get paid if the loan funds."
Bobbi in CT |
|
|
|
Renee
Michigan
549 Posts |
Posted - 08/09/2009 : 02:24:21 AM
|
Lee - excellent advice!
In my business plan, each & every signing must stand on its own merit. A promise of anything in the future is not taken into consideration as it may or may not happen. |
|
|
|
Lee-AR
Arkansas
678 Posts |
Posted - 08/08/2009 : 09:32:20 AM
|
Uh... forgot to add that I just yesterday received $125 for a 40 pg. RM Application..44 mile RT. Negotiate!
|
|
|
|
Lee-AR
Arkansas
678 Posts |
Posted - 08/08/2009 : 09:28:24 AM
|
In my business plan, each & every signing must stand on its own merit. A promise of anything in the future is not taken into consideration as it may or may not happen. I realize that the hiring entities have their own self-serving criteria, but I'm the person doing the work and my opinion/criteria is the only one that counts.
|
|
|
|
vince
Kansas
324 Posts |
Posted - 08/07/2009 : 10:37:16 AM
|
| I had a similar call yesterday. They wanted someone to do a 30 page modification in a City about 40 miles away this morning and said they wanted to pay me $50. Then it was $75. Then he sincerely asked why I would not accept $75. I told them that $75 would not entirely cover the auto expense to and from according to current IRS mileage guidelines, and did nothing to contribute for time or any other service needed. I then suggested he use one of the notaries that had a listing in the town that would not have to travel so far. He said they were too expensive. |
|
|
|
CopperheadVA
Virginia
420 Posts |
Posted - 08/07/2009 : 04:33:39 AM
|
Here's my experience with loan application signings (AKA RESPA signings).
The hiring party wants to pay only $65 - $75 for these because "it's only 40 pages or so and should only take a short time". However, I have found that it takes up to an hour because there are things that the borrower has to fill out on these forms. They are supposed to have copies of various things to give you (W-2, driver's license, insurance declarations page, etc) and even if they have been told about that ahead of time, they probably didn't bother to look for the items until you get there.
It often takes a long while to receive payment on these, and although I have found that companies WILL make the effort to call you for the closing appointment (IF the deal progresses to that point), if you are not available - then too bad, it's on to the next notary.
These loan app/RESPA appointments are just not worth it unless they are VERY close to home, and even then only in the morning or some other "off" time that you are not likely to be doing a higher-paying appointment such as a loan package signing. I would never drive 25 miles for one of these - just not worth it.
CopperheadVA
|
|
|
|
KanDoNotary
Oklahoma
69 Posts |
Posted - 08/06/2009 : 9:00:54 PM
|
I wonder how others handle this. Got a call from an SS saying they needed an app of "only 30 or so pages" to be done at a location over 25 miles away. That location would be mostly along a highway that happens to be under extensive construction work right now.
When he quoted the fee of $50 I almost laughed out loud. Then he asked if I'd go to $75 if I was guaranteed the closing package.
My question: What difference does the size of the package make when the time and expense involved is only minimally less for the app than the closing? And how would I know if the closing actually would be given to me if I agreed to a less than normal fee?
How do you handle this?
Have Seal, Kan Travel! |
|
| |
Topic |
|
|
|
| Mobile Notary / Signing Agent Discussion Forum |
© 123notary.com |
|
|
|
Tips for using the forum
The most important feature on the forum is the search box. You can look up a particular word, phrase, name of a company, and see a potentially large list of search results with which you can obtain data. Filters are also valuable. If you want to find popular posts, you can use the number of views filter. You can also see whats new with the active topics link. Email us at info@123notary.com if you need any help using the notary forum.
Resources
The notary public resource page is valuable as it has links to all of the free information pages for notaries. Pages linked to the resource page include a page that teaches you everything you need to know to get the most out of your listing. Another page teaches you all the secrets of getting paid. There is a link to our free list of signing companies. There is also a glossary, learning tools, and much more.
If you are a notary, the free tips we give are invaluable.
Popular pages
If you visit 123notary.com often, you might want to visit some of our most popular pages such as the California notary, Texas notary, Florida notary, and New York notary pages to browse the site. We also have valuable pages for notaries such as the free list of signing companies, and the resource page. Please also visit our get notarized and notarized letter page.
|
| |
Promise of closing for app assignment
