As Cheryl says, the wave(s) of new people come in, take less, can't make it and fall away. Several of us have weathered the tide because we know this is business, and not a hobby for pocket change.
One thing I know since I started my business, is that the signing services have proliferated. True, they are providing a service to lenders/title/escrow companies that are preparing the documents, in that those document companies aren't spending time trying to find a notary to close the package. However, my best guess is that the majority of the SS are using searches of either the most popular sites, or simply a search engine to find the people contacted. And more recently, they don't even make phone calls. They offer their services at ridiculously low prices to get the jobs, and then haven't enough to pay the NSA.
It reminds me of the complaints people make about grocery store high prices. The farmer produces, sells often to several levels of middlemen, and finally it's in the grocery store. The farmer make some, but maybe not as much as one would think; and the store owner makes some for presenting it to the public. But the middlemen always make money because they "facilitate". Yes, that makes things flow, but do they really need to make as much as 40-50% of the profit? |
