Posted by grapebed on 1/2/12 5:04pm
Msg #408048
Notary Rotary Survey-How many signings completed in 2011?
I would like to conduct an informal survey of Notary Rotary members. I will calculate the averages.
Approximately how many closings did u complete in 2011?
a) 1-50
b) 51-100
c) 101-150
d) 151-200
e) 200+
Thanks. I think the results will be interesting.
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Reply by Carolyn Bodley on 1/2/12 6:21pm
Msg #408053
The more important answer is not the number of signings,
but the total income earned. It makes no sense for the "how low can you go notary" to sign 500 loans, and the signing agent that knows what they are worth to earn considerably more with far fewer signings.
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Reply by grapebed on 1/2/12 6:50pm
Msg #408054
I agree. This was only meant to be an informal survey. n/m
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Reply by Buddy Young on 1/2/12 6:57pm
Msg #408055
Re: And what could be the purpose of this survey?? n/m
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Reply by grapebed on 1/2/12 7:22pm
Msg #408059
Re: And what could be the purpose of this survey??
More information is always better than less information.
Most industries publish extensive amounts of annual statistics about their own industry.
But not notaries. So I thought an "informal" survey might be interesting.
Unfortunately, it looks like everyone is scared to answer the question, even with broad ranges.
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Reply by MW/VA on 1/2/12 8:08pm
Msg #408062
Re: And what could be the purpose of this survey??
Not "scared" as you put it, but wise enough not to publish that info for all eyes to see. :-)
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Reply by 101livescan on 1/2/12 7:05pm
Msg #408057
Since 2001 I've maintained an excel spreadsheet of all my notary work. Two columns, one for GNW and one for loan signings.
At the end of every month, I divide the total income of LS work for an average. I exceeded 200 signings in 2011, more important is the quality of my vendors and their timely payment and appropriate fees.
Monthly and annually I compare current with previous months/years to determine if I'm improving my business model.
This was a decent year, not the best year ever, but worth staying with it.
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Reply by Joan Bergstrom on 1/2/12 7:52pm
Msg #408060
I did 183 signings. I could have done more but I teach notary classes/loan-signing classes 6-8 days a month and I usually don't try to do signings on these days.
I had my best year doing GNW work ever and that helped the bottom line.
Not the best year ever, but it was the best year since 2008.
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Reply by JanetK_CA on 1/2/12 7:58pm
Msg #408061
Great response, Cheryl. I've never thought about separating out GNW into a separate spreadsheet, but I might consider doing that in the future. And good idea about comparing to previous years. I've only done that on a sporadic basis. However, I do look at my average fee per signing. (I created my spreadsheets in 2002 or 2003, when scratching it out on paper proved to be too messy...  )
Looking at a variety of stats can help us know where we need to focus our efforts. I also set monthly revenue goals and have formulas in my spreadsheets that automatically calculate how much I have to go to hit my target, as I add new assignments.
I've done more than 200 signings this year, too.
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Reply by tony1994CT on 1/2/12 8:09pm
Msg #408063
200+
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Reply by note2010 on 1/2/12 8:27pm
Msg #408064
C
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Reply by Susan Fischer on 1/2/12 9:20pm
Msg #408069
Always enjoying a puzzle, your response of "C" means
100 signings. The 'note' in your 'note2010' moniker is the clue I used.
C-note = $100 = 100.
Just tossing in a guess.
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Reply by mwm143 on 1/2/12 9:29pm
Msg #408070
No puzzle. C = 100-150. n/m
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Reply by grapebed on 1/3/12 9:32am
Msg #408088
Re: Always enjoying a puzzle, your response of "C" means
Excellent guess. Ypu got right!!
Thanks for particpating.
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Reply by PegiT_MN on 1/2/12 10:22pm
Msg #408072
I would be happy to help you out with your survey. I completed 200+ signings this year.
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Reply by Indy_Notary on 1/2/12 10:38pm
Msg #408074
I'll Play!... 200+ ... definitely a better year than the past few.
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Reply by Mike_D on 1/2/12 10:52pm
Msg #408075
over 800 closings between 3 people. 2 of us doing the majority of the work.
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Reply by OR on 1/3/12 1:33am
Msg #408080
D+ it was good in Oregon. Just got to keep on your toes and keep the toner and paper and ink pens in stock. I hope every one is blessed in 2012.
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Reply by Ilene C. Seidel on 1/3/12 6:24am
Msg #408081
200+
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Reply by Linda Juenger on 1/3/12 7:48am
Msg #408082
198
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Reply by oldhippie_IL on 1/3/12 9:37am
Msg #408089
200+
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Reply by Hart - Marilyn on 1/3/12 10:13am
Msg #408093
200 +
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Reply by Bee_CA on 1/3/12 11:58am
Msg #408111
200+
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Reply by George DiSoto on 1/3/12 12:15pm
Msg #408113
200 + thanks to the Debts Settlements Companies (Debt Resolution Program) definitely was not my best year the Real Estate Business still very slow.
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Reply by JinCA on 1/3/12 12:33pm
Msg #408116
D.
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Reply by MW/VA on 1/3/12 12:46pm
Msg #408120
200+. While biz was somewhat slower this past year, it still turned out to be pretty good overall.
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Reply by Mobil/CA on 1/3/12 7:31pm
Msg #408156
a) 1-50
I only got started in June of 11
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Reply by Shauna/WA on 1/4/12 1:30pm
Msg #408193
200+
I just figured out the exact number earlier this week and it's more than one per day, every day. Not bad for my first year, I think.
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Reply by Richard Bleess on 1/4/12 2:06pm
Msg #408198
115
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Reply by Mark/SanJose on 1/5/12 5:38pm
Msg #408302
Why are your ranges so low?
We would starve at 200 signings per year. I did 850-900 last year. My wife usually does more than I do, so she probably did around 1000 signings. No, we are not low ballers.
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Reply by John/MO on 4/21/12 7:54pm
Msg #418487
455 total loan closings in 2011
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