123Notary
Enter Zip, City, or County... i.e. orange,NY or 90019
Search Method:    regular time edocs
Mobile Notary / Signing Agent Discussion ForumDear 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.
Lookup a specific signing company, word, or phrase
Mobile Notary / Signing Agent Discussion Forum
Register | String Format | Index Format | Active Topics | Hot Topics | Preview Topics | Advanced Search | Members | Profile | Tutorial | FAQ
Username:
 Password:
Save Password
Forgot your Password?

 All Forums
 The 123notary.com Forum for Signing Agents
 Free For All
 Reducing your fees in a bad economy		  New Topic  Reply to Topic
 Printer Friendly
1 -1 2 people liked this post.
Author Previous Topic Topic Next Topic  

Lee-AR

Arkansas
678 Posts
Posted - 09/21/2013 :  1:22:00 PM  Show Profile  Reply with Quote
Disagree. Was a time in the early 90's when edocs paid $50. Late 90's, when more people had computers/hi-speed internet/printers, that decreased to $25. Attempts were made to further reduce the fee, but, in general, it has held pretty steady at $25 for over 10 years...including during the boom years, when, by your reasoning, fees should have increased as business was booming. Point being, once it goes down, it doesn't come up.

If you don't value your time and experience, nobody else will.
Go to Top of Page

jbelmont

California
3106 Posts
Posted - 09/21/2013 :  12:12:58 PM  Show Profile  Visit jbelmont's Homepage  Reply with Quote
I think that the notaries are missing the point. Running a notary business is a business and should be run as such. Your fees should NOT be based on what the signing company is charging and should NOT be based on how much your gas and toner cost. Your fees are based on supply and demand.

Imagine that you only were offered $30 per signing and gas was $10 per gallon. If you turned down every job you were offered, you might starve. You have to take what you can get to survive. I don't think notaries understand this concept.

On the other hand, if you have other work that keeps you busy, then you can pick and choose what you take -- once again based on the law of supply and demand. Don't try to make your fees based on reason, base your fees on supply and demand -- market forces.
Go to Top of Page

kevinwbyrd

California
15 Posts
Posted - 09/20/2013 :  5:56:57 PM  Show Profile  Visit kevinwbyrd's Homepage  Reply with Quote
Well said Bob. The notary is the final piece to the puzzle. If we start lowering our fees we will never get them back. Think about it gas ,paper and ink cost is not going down it's going up.

Fantastic Services
Kevin Byrd
209 983 1731
http://stocktonmobilenotary.com

Discount Notary Supplies now sold on facebook
https://www.facebook.com/notarysupplies

Follow me on FB at https://www.facebook.com/stocktonmobilenotarypublic

Twitter https://twitter.com/stocktonnotary
Go to Top of Page

rmwells@tds.net

Ohio
18 Posts
Posted - 09/13/2013 :  10:23:19 AM  Show Profile  Reply with Quote
I have not reduced my fees. The signing companies and title companies haven't reduced the fees they are charging the borrowers. I would sit home than lose money by reducing fees. The only way we will keep our fees high enough to make money is by not accepting low ball fees and encouraging other notaries to not accept these jobs.

Bob Wells
Go to Top of Page

jbelmont

California
3106 Posts
Posted - 08/08/2013 :  8:02:46 PM  Show Profile  Visit jbelmont's Homepage  Reply with Quote
Many notaries are forced to reduce their fees, but how low should they go? Once you give someone a low price once, they will grow to expect low prices. On the other hand, if you are charging just too much, then you will lose work.

In general, if you charge too little, you will have to say no to good jobs because you are too busy. But, charging too much will leave you doing too little actual work.

If you outperform the other notaries, you should be able to explain how you are better, and what you do that is extra. A good rationalization of quality:price ratios can win over a new client if they value quality. As long as you deliver on your promises of high quality, they are likely to keep you as well!
  Previous Topic Topic Next Topic  
 New Topic  Reply to Topic
 Printer Friendly
Jump To:


Mobile Notary / Signing Agent Discussion Forum © 123notary.com Go To Top Of Page

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.