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Re: We have no problem getting notaries for $68 said the
Posted by MikeC/TX of TX on 8/4/19 6:39pm Msg #609087
I see your point, but can anyone really turn a profit at $68? I think that a lot of folks look at the hard costs - the paper, the toner, the mileage and maintenance on the car, the gas - and overlook what their time is worth. If you take the fee and deduct what you estimate your hard costs are, you get the potential profit. Obviously, if that figure is negative it's a no-brainer - you're going to lose money.

But if there's still some meat on the bone, you have to consider time. Time spent taking the call and negotiating the price. Time spent downloading and printing the docs. Time spent traveling to and from the signing location. Time spent AT the signing location. Time spent on the phone with the SS or Title with questions. Time spent preparing the docs for shipment. Time spent to and from the shipping location. It all adds up. Take the same approach that lawyers take - the clock starts running as soon as they start talking to or doing anything for their client.

Here's an experiment - use a stopwatch to time and record every aspect of an assignment, from the first call to dropping the docs and returning home. Add in the time it takes making calls or texting or emailing to try and collect from the deadbeats. That's the total time you spent earning your fee.

Divide the fee you were promised by the time you spent earning that fee. That right there is what your time was worth to the person who hired you.

That doesn't include your other costs, just your time. If it's below the Federal minimum hourly wage of $7.25, you're probably better off either sitting on the couch binging Netflix or trying to get a job at McDonald's.
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Messages in this Thread
 We have no problem getting notaries for $68 said the - grapebed on 8/2/19 5:37pm
 If they have no problem, why are they calling you...hmmmm - Lee/AR on 8/2/19 5:59pm
 I agree. Those cos. that use that kind of line disgust me. -  MW/VA on 8/2/19 6:28pm
 Re: I agree. Those cos. that use that kind of line disgust me. - pdl/cali on 8/2/19 6:44pm
 Exactly - why are you calling me? - MikeC/TX on 8/2/19 7:04pm
 ServiceLink n/m - BearPaw/CO on 8/2/19 7:34pm
 There is no doubt in my mind that there is Price Fixing - grapebed on 8/2/19 7:52pm
 Re: There is no doubt in my mind that there is Price Fixing - Ronnie_WA on 8/2/19 8:16pm
 Re: There is no doubt in my mind that there is Price Fixing - jnew on 8/3/19 3:20pm
 Re: There is no doubt in my mind that there is Price Fixing -  JanetK_CA on 8/4/19 3:21am
 Re: There is no doubt in my mind that there is Price Fixing - Luckydog on 8/5/19 12:31pm
 Wish we had a "like" button. Agree 100% n/m - Luckydog on 8/2/19 7:52pm
 My thoughts as well.If you really did have them you wouldn't - Moneyman/TX on 8/7/19 5:54am
 Great they should call them! Why bother you? Crazy n/m - Luckydog on 8/2/19 8:02pm
 Service Link NKA Service Stink n/m -  John/CT on 8/3/19 7:46am
 Re: We have no problem getting notaries for $68 said the - Art_FL on 8/3/19 12:39pm
 Re: We have no problem getting notaries for $68 said the - MikeC/TX on 8/4/19 6:39pm
 Two excellent posts here by MikeC/TX! -  JanetK_CA on 8/5/19 3:42pm
 I got a call from ServiceLink a few weeks ago... - FeliseSoCal on 8/5/19 4:00pm
 Re: I got a call from ServiceLink a few weeks ago... - grapebed on 8/6/19 12:29pm
 Re: I got a call from ServiceLink a few weeks ago... - Yoli/CA on 8/6/19 12:49pm
 Re: We have no problem getting notaries for $68 said the - Louisiana33 on 8/5/19 4:20pm
 Re: We have no problem getting notaries for $68 said the -  canotaryhere on 8/5/19 6:12pm



 
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