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 The 123notary.com Forum for Signing Agents
 Technical & Marketing Issues
 Request for invoice higher than agreed fee!
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Shannon

California
360 Posts

Posted - 03/29/2007 :  4:22:36 PM  Show Profile  Visit Shannon's Homepage  Reply with Quote
I have a provocative marketing solution where everyone makes money for networking together. Perhaps I'll share it with others at a later time. One thing everyone knows about me is that I'm a capitalist

It's just too bad we own everything

Edited by - Shannon on 03/30/2007 09:27:06 AM
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joanbergst

California
360 Posts

Posted - 03/29/2007 :  2:43:37 PM  Show Profile  Visit joanbergst's Homepage  Reply with Quote
If I can't do the signing in Riverside or San Bernardino Counties I will give the caller the cell number of someone who can.

The title, lender, escrow, signing companies appreciate this offer of help.
I never refer anyone that doesn't do the same caliber of work that I try to always provide.

Joan A Bergstrom
www.joanbergstromnotarypublic.com
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Shannon

California
360 Posts

Posted - 03/09/2007 :  08:19:47 AM  Show Profile  Visit Shannon's Homepage  Reply with Quote
Honestly, nearly all my work is with Title, Escrow, Lenders and Mortgage brokers directly. I tend to avoid doing work for the signing services for the obvious reason....they don't pay. I'm always impressed by a notary who knows their own value. I know I'm not perfect-far from it-but I bust my butt to service my clients
24-7 and do everything I can to make sure I hire the same type of individuals.

I really believe you get what you pay for.

If SS's want a $50 signing, they'll get a notary worth just that...

To your point- I don't sub-sub contract or sub-sub-sub contract...can you just imagine the confusion?
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macdeux

California
79 Posts

Posted - 03/09/2007 :  04:34:26 AM  Show Profile  Reply with Quote
I'll have to vouch for you on that, Shannon. You recently subcontracted a signing out to me -- you paid well, and paid better than on time. Thanks very much!

Which brings me to my next question... I sometimes get requests for out of my normal service area but turn them down (they're usually from signing agencies). Would sub-contracting them out only make sense if the request is coming directly from a lender/title/escrow company so a fair fee can be offered to the subcontractor and I could still make a small cut? Signing agencies usually are already the middleman so adding a "fourth" man would mean insulting the sub-contractor with a sub-standard fee which I won't do.

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Shannon

California
360 Posts

Posted - 03/08/2007 :  12:16:06 PM  Show Profile  Visit Shannon's Homepage  Reply with Quote
As I've mentioned in other posts, I sometimes subcontract work in areas that I don't personally service. (boo!...hiss....I hear you out there) But I always pay the notary well and usually don't negotiate them down at all-giving them what they ask for most of the time. Perhaps the thinking on this should change...If a signing service (or anyone else contracting your services) isn't giving you the amount you want for the signing, then perhaps you shouldn't do work for them.

This really is Capitalism 101 (profit=good....being broke=bad)

I know, I know....I'm the devil

I just intend to own everything one day
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macdeux

California
79 Posts

Posted - 03/08/2007 :  10:51:11 AM  Show Profile  Reply with Quote
Just an update: I did do the signing. I invoiced the notary that contracted me (or should I say sub-contracted it out to me) for *my* regular fee -- not his requested $350 -- and then the escrow company called me to find out what my fee was so they could mail out the check to me directly. If integrity were less important to me I could have told them the amount that was on the ECS. But, I have a conscience.

I received the check two weeks after the signing.
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dfye@mcttelecom.com

New Hampshire
681 Posts

Posted - 03/04/2007 :  12:48:59 AM  Show Profile  Visit dfye@mcttelecom.com's Homepage  Reply with Quote
I would not do it.

Legal Eagle Para Professional Services
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crtowles

California
553 Posts

Posted - 02/14/2007 :  12:23:32 AM  Show Profile  Reply with Quote
Whoever these folks are you need to steer clear of them. They are going to get you into big trouble.

~Carmen
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macdeux

California
79 Posts

Posted - 02/13/2007 :  06:11:44 AM  Show Profile  Reply with Quote
Neither could I. My jaw dropped at the request and I flat out told him 'no'. I'll invoice him for that amount if he wants to pay me that amount, but otherwise he can figure out how to rip the lender and borrower off (with excessive fees) -- I want no part of it.

To top that off, the loan officer called me after the signing to ask if I backdated them. This is too humorous now...

quote:
Originally posted by Renee

I can't think of any ethical or legal reason for him to request that - I sure wouldn't do it.


Edited by - macdeux on 02/13/2007 11:18:50 AM
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Renee

Michigan
549 Posts

Posted - 02/13/2007 :  04:42:05 AM  Show Profile  Visit Renee's Homepage  Reply with Quote
I can't think of any ethical or legal reason for him to request that - I sure wouldn't do it.
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macdeux

California
79 Posts

Posted - 02/13/2007 :  03:10:33 AM  Show Profile  Reply with Quote
Have any of you ever had a notary/signing agency request that you invoice them for a higher fee than what you were contracted for? I thought it was incredibly audacious, but maybe I'm being naive again... I agreed to a fee of $75 for a refi (overnight docs) and the guy asked me to invoice him for $350! He'd be paid the difference, but if it came down to a tax audit, it'd be me that got nabbed right?!
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