Reply by Dorothy/MI on 3/3/05 4:44pm
Msg #23504
First Read EVERYTHING on this board, etc
Advice for anyone just starting out. Depending on the area that you are in, you may or may not be able to get work, i.e. many area are saturated with notaries who fell for the NNA get rich quick scheme. Having said that, if you think you want to persue this business, read every notary board you can find, learn all that you can learn, network (if possible) with other notaries and MARKET, MARKET, MARKET yourself. There is no fast road to success. Also be sure that you want the life style that we have to live (last minute signings, slow and or low pay, not being able to have much of a social life, especially from the 15th to the 25th of each month, be prepared to sit at a kitchen table trying to work while dinner was cooking, phones ringing and borrowers jumping up to answer, kids screaming, dogs barking, couples fighting, etc). All of us could tell you stories that would either curl your hair, or make it fall out,. You also should be someone who does not require a structured life because in this business (if you treat it like a business and not just pin money) almost everything is subject to change. It is not unusual to have five signings in your appointment book and end up with one or none due to cancellations or rescheduling! You will have little or no control over your schedule, you might have one for 9 a.m. and not another thing until 8 or 9 p.m. or 4 or 5 one day and then none for the next several days. And the problem with starting new in a saturated market is that everyone wants experience and references. When I started 3 years ago the business was at its zenith and the first 2 or 3 months, I was lucky to get 2 or 3 signings a week and I turned down nothing! I also worked at least 40 hours a week just trying to get business. Also, you will need a fast computer, a hi speed internet connection, a fast laser printer(PCL6), a plain paper fax machine, a copier, a reliable car and a cell phone with at least 1500 anytime minutes. Don't expect to recoup your initial investment for at least six to twelve months. I don't mean to paint such a black picture, but it is reality.
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