Posted by REE_NJ on 7/25/06 7:34pm
Msg #135239

Closing Fee...Advice

What would your thoughts be re: an amicable fee to charge if a client required you to execute two closing packages? One complete package is 100 pages which include numerous notarizations; approx. 8.

Thanks in advance for your feedback.

Reply by ME/NJ on 7/25/06 8:18pm
Msg #135249

Depends.. is it edoc or overnight. Being from NJ my fee can range from 100 and up. I give volume discounts to my larger clients.

If its a 1st and 2nd then I would charge 50% of my normal fee for the 2nd.

Plus being its EOM.. last minute deals are PITA. Had 2 overnights turn into edocs for tomorrow and I had to cancel because my schedule is that tight and can't wait for docs all day and night.

Reply by heather_FL on 7/25/06 8:22pm
Msg #135251

ME/NJ is right on the money!! That what I would charge! n/m

Reply by REE_NJ on 7/25/06 8:42pm
Msg #135258

It is an E-doc closing.
Thanks for your feedback.

Reply by REE_NJ on 7/25/06 8:57pm
Msg #135262

Re: Closing Fee...Advice.Forgot to Mention

It is only a 1st requiring to execute 2 sets of a Refinance Package.

Reply by ME/NJ on 7/25/06 9:02pm
Msg #135265

Re: Closing Fee...Advice.Forgot to Mention

**It is only a 1st requiring to execute 2 sets of a Refinance Package.**

I would treat it like a 1st and 2nd loan. 400+ papers to print out and at least 1 and half hours to sign all the docs. So between printing and signing and travel you have blocked out a min of 3 hours or longer of your day.