this cost cutting mentality in my experience seems to come from realtors that are pushed to cut the costs. There are a few exceptional realtors....don't get me wrong.....but, for the most part realtors and LO's that are encouraged by broker/owners that see the notary fee as the place to cut costs to the consumer. Large corporations in particular that just look at the profit margin.
If you can get that connection with a top producer realtor or LO....you're good.
I once had a doctor/signer say to me, "So, for $200 what kind of education do you have to have to point and say sign here? It's not like you have to have a college education and medical school."
My response, "Well, I do have a college degree. I have X number of years in loan signings/notary work, X years in mortgage banking. I printed 200 pages of your loan documents, reviewed them for accuracy, drove 1 1/2 hours to your home and at 9:00 at night and will hand deliver your signed and notarized documents back to your escrow in the morning. Unless, you would like to take off work in the morning and drive 2 hours in to your escrow, spend an hour signing, and drive back another 2 hours?"
The service we offer is "concierge" notary/loan document signing. In the old days, when you needed to sign your loan documents....you took off work and went in to your escrow office to sign. When you consider the cost of taking off work to go in to your escrow....the cost of "concierge" notary service is a small price to pay.
And, apologies, I believe the term "concierge" notary service was first coined by Cheryl.....
|