Posted by notaryinca on 6/2/05 2:47pm
Msg #41862

feel like I'm cheating

I have an agreement to do signings for a local lending company to whom they send my invoice to a local title company and the title company pays me. I have been charging $150 a signing because the assistant to the branch manager said that is what they have been paying the notary before me. Do you think I am charging too much?

Reply by Mimi Wong on 6/2/05 3:09pm
Msg #41869

If the company is willing to give you $150.00 per signing, go for it !

Reply by Nd_WA on 6/2/05 3:13pm
Msg #41871

You should feel fortunate....n/m

Reply by SarahBeth_CA on 6/2/05 3:21pm
Msg #41873

Re: You should feel fortunate....n/m

Count it a blessing you landed a great client.

Reply by Nicole_NCali on 6/2/05 3:45pm
Msg #41883

That is cheap in comparison to some I have seen

I charge my lenders $200 a signing $50 for edoc, an extra $100 for a piggyback. The packages are humongous, I am normally waiting for title documents, the borrowers living conditions are not the best and there is the " aggravation factor". Your lender is getting off easy.

The attorney who appears on the hud for this particular lender invoices for about $750. The lender is subprime and most of the loans are very involved and have over 10 notarizations and let's not count the grant deeds or qcd and other nonsense that I get with these packages.

Most lenders don't have a problem with the fees, most of their cut comes from the interest rates and the points charged off the loan.

Reply by Sunny on 6/2/05 3:57pm
Msg #41887

Would you feel better getting $50.00 and a signing company getting 100. I have done signings that the HUD shows $450 for notary fees and I got $100. Don't feel guilty.

Reply by Susie/OH on 6/2/05 4:01pm
Msg #41889

Don't come down - until you have to!!!! (N/M)

Reply by Markita-MI on 6/2/05 4:43pm
Msg #41914

Totally Awesome that you are the chosen one! Do you know how many of us would give a limb for that kind of in road to consistent income? Don't feel guilty. Feel blessed and highly favored. I agree with the others here that respond enjoy it. See they KNOW how valueable the service you render is. I recommend each and every time you receive your check---BIG SMILE!

Good for you!

Markita-MI

Reply by Melody on 6/2/05 8:58pm
Msg #41983

I get $150 per signing routinely when working ....

... directly for TCs and lenders.

Lenders and title companies pay SSs $150 and more. They are happy to pay good notaries the same and know they can get good work every single time.

You are finally getting paid appropriately.

Get over being in shock and enjoy!

Reply by Jon on 6/2/05 9:33pm
Msg #42000

I understand how you feel. Sometimes it helps to give some of the money away. I'll send you my address!!