A lovely couple from Europe who started their own title company 50 years ago, retired, we refi'd at 3.25. A beautiful mountain top home in Santa Barbara.
The loan officer requested I be the notary for this signing. I received a call from SS saying that I had been requested for this signing. She quoted the fee at $75. Bank pays $150. When I told the loan officer what was going on, he said, how greedy. Well, we won't be using that company any more. This is no way to treat my preferred Notary Signing Agent.
SS finally agreed to the $125. It was already assigned to a cheaper notary, but cancelled by the LO and reassigned to me.
Folks, hold to your fee. Negotiate, hold onto your ground. Don't let these low ballers roll all over you. They are makiing great money on title and escrow fees, and it's absolutely insane how greedy they are over our fees. |
