Join  |  Login  |   Cart    

Notary Rotary
Just PoliticsLeisure
Welcome to the Notary Talk General Discussion Forum. Before posting, please read the


Like! ^^ :>) Sounds like they're testing the bottom on fees.
Posted by  JanetK_CA of CA on 12/5/18 9:53pm Msg #600949
Think about it... If a company lowers their fees but has no more difficulty getting orders filled, what kind of conclusions will they draw? Perhaps wondering what would happen if they lowered them a little bit more, and a little bit more after that. It helps their bottom line right away, so if they don't care who does their work, the obvious question for them is "How low can we go?" The more of the fee they get to keep, the more worth it it may become to take on the risk of increased numbers of mistakes, lack of professionalism, having to write long lists of instructions, reminders, reprimands, etc.

Sound familiar? It becomes a vicious circle. And once they're used to keeping more of each signing, instead of considering going back to paying more, they're thinking about how to use technology to reduce mistakes, maybe even eliminate notaries from the process altogether. As we know, this has been brought about by a combination of new people coming into this field (for a variety of reasons) not knowing any better and others deciding that they had to go with the flow to keep working.

Just waxing philosophical here... It may be too late to try to hold back the tide, but it's more important than ever that we know our limits and what makes financial sense to us and what doesn't, and to keep eyes and minds open to all options.
PrevNextReturn to General Discussion    Post a Public Reply to this MessageSend Author a Private Message


Messages in this Thread
 Coast To Coast Is Offering $30.00 For Wells Fargo Loan Mods - PegiT_MN on 12/5/18 1:34pm
 Please link your complaint to -  Christine/OK on 12/5/18 1:53pm
 Linked As Requested . . . - PegiT_MN on 12/5/18 2:06pm
 Linked As Requested . . . - PegiT_MN on 12/5/18 2:06pm
 Sorry For The Double Posting . . . Must Have Been A Glitch n/m - PegiT_MN on 12/5/18 2:07pm
 Lisa Bitner dba SoCal Signings dba Coast 2 Coast, San Dimas - Yoli/CA on 12/5/18 2:26pm
 Re: Coast To Coast Is Offering $30.00 For Wells Fargo Loan Mods - Luckydog on 12/5/18 2:48pm
 Not a $30 fee offer ... it was a $30 fee offend n/m -  John/CT on 12/5/18 6:09pm
 Like! ^^ :>) Sounds like they're testing the bottom on fees. -  JanetK_CA on 12/5/18 9:53pm
 Re: Coast To Coast Is Offering $30.00 For Wells Fargo Loan Mods -  Cheryl Elliott on 12/6/18 6:21am
 Re: Coast To Coast Is Offering $30.00 For Wells Fargo Loan Mods - jnew on 12/7/18 12:50pm
 Re: Coast To Coast Is Offering $30.00 For Wells Fargo Loan Mods - LisaSoCal on 12/7/18 5:19pm
 Maybe so, if .... -  John/CT on 12/7/18 6:29pm
 Super short distance, docs to signers - Linda_H/FL on 12/7/18 7:46pm
 Better, yet, Linda. Thanx n/m -  John/CT on 12/8/18 2:24pm
 In CA, this just covers notarizing 2 sigs, as with H & W. -  JanetK_CA on 12/7/18 9:12pm
 Re: In CA, this just covers notarizing 2 sigs, as with H & W. -  Cheryl Elliott on 12/8/18 8:10am



 
Find a Notary   Notary Supplies   Terms   Privacy Statement   Help/FAQ   About   Contact Us   Archive  
 
Notary Rotary™ is a trademark of Notary Rotary. Copyright © 2002-2024, Notary Rotary, Inc.  All rights reserved.
500 New York Ave, Des Moines, IA 50313.