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  1 person liked this post.
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Renee
Michigan
549 Posts |
 Posted - 08/24/2010 : 04:22:20 AM
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Actually, that comes to 6 cents/page. Once, during a particularly boring day, I number-crunched a per/page cost that factored in paper, toner, the printer itself, and shredding - which I felt was a related cost to printing. Actual cost (about a year ago, and these were of course MY numbers, MY specific printer, etc) was exactly this - 6 cents/page.
Still - I just stick with a flat rate based on averages, WITH a profit margin. I don't discount for smaller loan pkgs, and I don't charge more for the bigger ones - it all comes out in the wash. |
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DianaNotary
California
171 Posts |
Posted - 08/23/2010 : 11:16:00 PM
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If I understand this correctly, 2 sets comes up to 400 pages. ($25 flat fee / 400 pages comes up to 0.06 /page?
Hey, that’s less than 1 cent per page….
I believe that this is not a fair price and it should be negotiated with the signing company (especially if they did not tell you in advance that this is going to be an unusually large set of docs…) Bottom line is that the signing company is interested in closing the deal and they don’t mind paying a little extra for a printing.
http://www.DianaNotary.com |
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n/a
Illinois
19 Posts |
Posted - 08/17/2010 : 12:01:25 PM
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| I believe the fee you charge should be in accordance to your needs. If 200 pages and you have to print a 2nd set for the BO, that's more than half a ream of paper! Some charge $25.00 which is standard, but if over 200 pages, I'd probably charge a bit more. |
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Renee
Michigan
549 Posts |
Posted - 08/17/2010 : 03:40:50 AM
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| Only YOU can decide that - is your profit line sufficient? |
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dsikora07
Virginia
8 Posts |
Posted - 08/16/2010 : 06:26:21 AM
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I dont have traffic problems , but , i live in an area where there are rural suburbs and small towns that spread out over miles of wooded area.. i have been charging $25.00 for edocs and $85.00 for the signing does anyone think that is too little with the way the economy is today ?
have stamp will travel |
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edelske
New York
815 Posts |
Posted - 12/09/2009 : 7:17:52 PM
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quote:
Originally posted by Lisa T.
I don't take their offer or leave it....they accept my fee or move on to find another notary.
BRAVO! Very well said. I work in NYC - traffic is the burden here. Basic rate for me is $100 labor + $50 for 2 sets of edoc. Just as you said it's take it or leave it. Edoc takes time, the endless delays to get the file, the folks who send 15 "attachments", hauling the paper home, stocking toner, Laserjet purchase and repairs, etc. And (gasp!) making a PROFIT for doing it. About half my edoc calls accept my rates, the other half wanted the 85$ edoc. Oddly, the lowballers (because they mainly deal with newbies and nerds) require the most "quality control" faxing. After 8+ years of doing this I have little time to "clog" by cell phone with lowballers. I just tell them quite factually that it's just not worth my time and expenses to work for the amount they want to pay - "please put me on your do not call list" so we don't have to have the conversation again - that will save time for both of us.....
Kenneth A Edelstein
Mobile Notary, Apostille / Legalization Processing & Fingerprinting
http://www.kenneth-a-edelstein.com |
Edited by - edelske on 12/09/2009 7:22:49 PM |
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Lisa T.
California
391 Posts |
Posted - 12/02/2009 : 8:34:29 PM
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I don't take their offer or leave it....they accept my fee or move on to find another notary.
Six in one, half dozen in the other? Glass is half full, or half empty?
NO, the two cliches are not the same as the first sentence because, if you take an offer rather than charging a fee, the offer is lower than your fee and you'll either break even (cover costs, no profit) or lose money (essentially work for free) If you charge a fee, your fee should cover your costs and give you a nice profit.
What is this "accommodating", "sympathetic", "it all balances out"...what is that? No one tells me anything....I do the telling! If we expect to be treated as business professionals, we must behave like business professionals - set your fees and the company pays it or finds someone else - period. Accept offers and essentially work for free.
I charge minimum $125.....and get it and more. The two most recent signings were $180 and $125. Why are notaries duped into believing all they can get is $85? Don't you know the title company is still charging the borrowers $200 and up? They make a phone call and the Notary takes on the liability and does all the work yet the TC keeps more than half of what they charge the borrower - because you are willing to accept $85? Come on!!! How logical does that sound?
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Edited by - Lisa T. on 12/02/2009 8:44:28 PM |
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Lee-AR
Arkansas
678 Posts |
Posted - 12/02/2009 : 3:12:00 PM
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"Don't squeeze the bottle"...good advice there, Carman. Been there/done that--not a repeater. As to increased fees: sometimes yes; sometimes no. Even with SS, tho' TCs are more likely to do so. Vince (below post) has a good line for this situation.
And, yes, I do think a print fee increase is due. Paper, in particular, has gone up in price a lot in the last year. Maybe if we all start yowling, we may help them experience a 'wake up' call????
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crtowles
California
553 Posts |
Posted - 12/02/2009 : 10:01:24 AM
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Most times if it is a signing company they usually don't adjust the price for printing. Title, etc are sometimes more accommodating and sympathetic. But, most companies will tell you it will balance out because some packages are small some are enormous. But to elevate a great deal of the expense you can refill your own ink cartridges. This will save you allot of money and it won't sting you financially. Check out the link below. This place is wonderful. Make sure you get the tool to make the entry hole. It is a one time purchase (about 8.00). They give clear and concise instructions and is very easy so don't let the thought of it scare you. If I can do it anybody can. One piece of advice when putting in the ink (as it is powder) don't squeeze the bottle, just tap it in. Or you'll have a mess..lol. Take it from me. Also try to buy cases of paper that are on sale and definitely use those coupons that are offered by Staple, Office Max, etc.
http://tonerkits.com/
Good Luck!
~Carmen
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jbelmont
California
3106 Posts |
Posted - 11/22/2009 : 6:58:29 PM
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123notary also has ideas for fee schedules in our marketing course and marketing sections of our loan signing courses. However, its really an issue of supply and demand. Some companies just won't pay what you want and you have to take their offer or leave it. Its best to experiment at different price breaks and see how much business you get at each level. Also, I always recommend charging based on how much time you are investing in a job. Printing a large stack of docs should cost more than printing a few pages.
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LindaH
Florida
1754 Posts |
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Vlambert
Nevada
25 Posts |
Posted - 11/21/2009 : 5:36:28 PM
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I have been trying for over the last year to get an increase in my printing fees, and have had no success. Per the NNA they have a fee table you can buy through them, if this helps you. 
Virginia Lambert
DBA: PenPoint, a Professional CNSA
http://www.PahrumpNotary.com
Virginia Lambert
DBA: PenPoint, a Professional CNSA
1450 East Cash Avenue
Pahrump, NV 89048
(775) 209-5072
www.PahrumpNotary.com
vlambert@PahrumpNotary.com |
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CopperheadVA
Virginia
420 Posts |
Posted - 11/19/2009 : 2:58:23 PM
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Tax return in the package??? That's ridiculous! Just as bad as when we have to print the appraisal. If borrowers really understood how their personal info is sent around the internet during the loan process, they would cringe. Personally, I would like to see everything go back to overnight docs (for information safety reasons PLUS other reasons of my own, like no more waiting for late e-docs) but I know that's a pipe dream...
CopperheadVA
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avivaj14
Pennsylvania
27 Posts |
Posted - 11/19/2009 : 1:33:52 PM
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| This package that I am refering to for this question, is from one of my regular clients and their packages usually do run between 75 and 125 pages (obviously not including borrower copy), but this one was just over 200 pages. Turns out that a nice chunk of the file was the borrower's tax return. Needless to say, the borrower was not too happy to find that their tax return was included in the package that I was having them sign. |
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vince
Kansas
324 Posts |
Posted - 11/19/2009 : 1:13:44 PM
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I may ask whoever is calling if they have an idea of the package size before quoting a fee (if it is not a regular client). Many times they will say it is about 90 to 110 pages and it may turn out to be 170 pages. So, it makes sense to say (to a non-regular client) "that if the package is larger than anticipated, I reserve the right to adjust my fee or refuse the signing if the particulars are not as stated, is that agreeable?" Most of the reputable companies will work with you on this kind of an issue, much like on the consideration of time and travel.
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LindaH
Florida
1754 Posts |
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avivaj14
Pennsylvania
27 Posts |
Posted - 11/18/2009 : 1:32:55 PM
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Does anyone have an excessive or excess document fee? I am just curious about this as I am doing a signing tonight where the package is nearly twice the size that I normally do. I am used to printing about 125 pages but tonight package is over 200. I felt that the $25 fee offered by the company was not sufficient and called to ask for additional.
Long story short, they gave it to me but said along the lines of
"the fee is the fee, and we don't adjust for package size". I was just curious if anyone does have an additional fee for larger packages. |
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Document printing fees
