Posted by cms_mi on 8/9/05 2:29pm
Msg #57876

Fees for Signings

With gas prices now at 2.55 per gallon, I am second guessing myself on my fees. What would you charge for a signing that would be 100 miles round trip and I would pick up the docs at the title company and drop them back off??

Reply by Charm_AL on 8/9/05 2:48pm
Msg #57883

Ok - they are not e-docs...you are picking up/dropping off...personally I would charge $150. for the signing and the distance. Although you may think '50 miles = 45 minutes'...Where I am, sometimes a 50 mile trip can take much longer because of the terrain and the 'available' routes. However, you really should negotiate the highest rate possible with the company. SS's are likely to offer less than TC's.

Reply by CaliNotary on 8/9/05 4:43pm
Msg #57905

I'd charge $150 as well, assuming the title company is located locally or on the way to the signing. If I had to go more than 10 minutes out of my way to pick up and drop off docs my fee would increase.

Reply by Kay / NV on 8/9/05 3:18pm
Msg #57894

You may want to decide your base fee for a signing. Calculate your gas milage. 100 miles @20 mpg = 5 gallons of gas at $2.55 totalling $12.75 for gas only. Your fee plus gas if you would like.

Reply by Merry_CA on 8/9/05 3:41pm
Msg #57900

Don't forget auto insurance and maintenance prorated per mile.

Reply by Merry_CA on 8/9/05 3:56pm
Msg #57902

Also... please see Msg #49817.
Ernest was kind enough to share this with us... it is invaluable!

Reply by Lee/AR on 8/9/05 4:59pm
Msg #57909

TIME!!!! You work for free? (nm)

Reply by CaliNotary on 8/9/05 5:02pm
Msg #57911

The consensus on this board is that $1.25 per mile is a good figure to use when establishing a fee schedule.

Reply by cms_mi on 8/9/05 6:00pm
Msg #57919

Thank you all so much for your input. I like the idea of using a per mile fee as opposed to a flat fee per city or county.

Reply by Anon on 8/9/05 6:25pm
Msg #57921

I would not provide the signing. My maximum is 50 miles round trip.

Reply by Teresa CA on 8/10/05 11:05am
Msg #58032

Wow! There is still somewhere that sells gas for $2.55 per gallon? I filled up yesteday for $2.79 a gallon! Almost $60 to fill a tank that used to only cost $20! Ouch!