Posted by nclady on 3/3/06 9:12am
Msg #101636

Someone took a edoc signing for 50.00!!!

Who took a edoc signing for 50.00 in the Raleigh area? I can't believe it!!!

Reply by Rick_NY on 3/3/06 9:36am
Msg #101650

What makes you think the scheduling agent did not offer the next notary more money, just to have the satisfaction of NOT having to call you back (after you presumably turned it down for the understandably unacceptable fee offer)?

Reply by patricia on 3/3/06 10:08am
Msg #101664

exactly, I think they make several calls and get turned down, they may decide to make a more reasonable offer.

Reply by SarahBeth_CA on 3/3/06 10:53am
Msg #101700

The frustrating part is they would have saved time, aggrivation, and phone charges if they would have just loosened the pinch on the pennies in the first place. Doing business in an inefficient way costs money.

In my opinion we need to set a standard on fees so that the full timers can earn a living and the part timers can have that second income needed to support the family. I think it's rediculous to ask us to accept any less than $75 from an ss for overnights. Now will that ever happen, not unless we do form that professional organization that we need.

Here's some food for thought for the NNA, Joan and the gang, and any other educational entity. Now I don't know what they are teaching reguarding fees. When I took my class they said you can make in between xx and xx amount per job. These were high tc fees that they mentioned. Not the ss lowball screwjob. I would like to see the subject of fees to be addressed a bit more thoroughly in sa classes. Not just what is fair but what it takes to stay in business and not bring the fees down for the business as a whole. And that if one accepts a lowball fee from a company that regularly lowballs, you don't even have a snowballs chance in heck of them raising your fee in the future because they will just look for another newbie who doesn't know any better.

I would be interested in knowing how Joan and the gang have handled this subject.

Reply by JudyinLa on 3/3/06 11:07am
Msg #101705

Whether or not someone took a signing for $50 is, quite frankly, none of your business. How do you know it even ended up being $50?

Reply by SatomiCO on 3/3/06 11:11am
Msg #101708

it is NCs business because if someone is accepting $50 e-doc signings, it degrades the entire profession

Reply by JudyinLa on 3/3/06 11:19am
Msg #101713

I think what I feel I can charge for MY WORK is no one's business but mine. Why would you think it's okay to tell people what to do and how to do it. It's probably degrading to you to take a $50 signing but in NC's case it might be a necessity. What nerve.

Reply by Rick_NY on 3/3/06 11:30am
Msg #101717

Maybe I misread this whole thread but ... NC did NOT wish to take the edoc signing for $50.00.

> It's probably degrading to you to take a $50 signing but in NC's case it might be a
> necessity. What nerve.

Reply by JudyinLa on 3/3/06 11:32am
Msg #101718

Okay then.. It's probably degrading to you to take a $50 signing but to SA in Raliegh it might be a necessity. Does that help?

Reply by SarahBeth_CA on 3/3/06 11:50am
Msg #101722

No it doesn't help. At $50 for an edoc signing you'll be lucky to make minimum wage and that's assuming it's not a company that requests fax backs and multiple calls. You won't stay in business for long at that rate.

Reply by nclady on 3/7/06 8:44pm
Msg #103073

I know it is "your own business" but it's unfair to do this to our area! 50.00 for 50 miles plus fax back. I do this full time and have been over 10 years and now we have a degrading low baller in our market. If you really want to know this is a client that I have closed over 200 loans for and get 225.00 now it's a 50.00 offer..So is it still not my business? What nerve of you!!!!!!!!!!!

Reply by nclady on 3/7/06 8:47pm
Msg #103075

I know it is "your own business" but it's unfair to do this to our area! 50.00 for 50 miles plus fax back. I do this full time and have been over 10 years and now we have a degrading low baller in our market. If you really want to know this is a client that I have closed over 200 loans for and get 225.00 now it's a 50.00 offer..So is it still not my business? What nerve of you!!!!!!!!!!!

Reply by Rick_NY on 3/3/06 12:10pm
Msg #101727

It is that agent's business, 100%.

I think you are very naive, Judy. If someone in an agent's marketplace is taking closings for significantly less than that agent's usual going rate, it is, in fact, something to be concerned about.

Do you think the retailers on Main Street are concerned when a Wal-Mart sprouts up on the edge of town? You bet they are. They are concerned that it's only a matter of time until they will be putting their own job apps in at Wal-Mart.

Reply by LilyMD on 3/3/06 12:17pm
Msg #101729

Re: It is that agent's business, 100%.

What could you possibly hoped to achieve with accepting $50 edoc signings? That's no way to build a business. It wouldn't even buy me gas and dinner on any given night.

Reply by SarahBeth_CA on 3/3/06 12:33pm
Msg #101731

Re: It is that agent's business, 100%.

Exactly. You've got to be able to replace equipment. I can't tell you how many times I've had something fry within a month or two of the warranty expiring. At $50 for edocs your business is out of business. Sure you could charge new equipment but then you have to raise your rates. Do that with lowballer companies and they will drop you like a hot potato for the next gullible one. Then how are you going to pay back the credit company. It's a terrible business decision any way you look at it. Your profit needs to afford you more than just a fast food meal.

Reply by Charm_AL on 3/3/06 1:30pm
Msg #101740

Re: It is that agent's business, 100%.

If you'll all notice, JudyinLA is a negative and bashing type person. Steer clear of her slamming insults and take anything she/he says with a grain of salt. There's been no contribution to this forum from this poster whom likes to take out her/his misery on us.

Reply by LilyMD on 3/3/06 1:46pm
Msg #101745

Re: Charm's right

I went back to see some of Judy's post. What a mean spirited person.

Reply by cmd_NH on 3/3/06 1:49pm
Msg #101747

Re: What I like about Charm....

She calls it as she sees it and you don't have to wonder where you stand! That's the kind of people I like and trust....you go girl!

Reply by LilyMD on 3/3/06 1:53pm
Msg #101751

Re: What I like about Charm....and a few others

also call it the same way. I definitely prefer that type of person, too.

Reply by Charm_AL on 3/3/06 2:07pm
Msg #101757

Re: What I like about Charm....

I thought the next line was.....she really knows how to dance!

Thanks

Reply by nclady on 3/7/06 8:31pm
Msg #103071

The company called back to let me know it was accepted for 50.00 and they were driving 50 miles..

Reply by TitleGalCA on 3/3/06 9:56pm
Msg #101845

SarahBeth, I think you have to PAY for that information... n/m

Reply by nclady on 3/7/06 8:38pm
Msg #103072

Re: SarahBeth, I think you have to PAY for that information...

I would pay just to be able to contact the signer to find out why 50.00? , 50 miles and plus fax back... This is a full time job for me and taking this amount makes our job seems small!!!