Posted by Anonymous on 9/9/05 7:10am
Msg #64310

fees...

i got a call fron asigning company that had edocs and wanted copies made also, there was about 75 pages, and a told thenm i charge 85 plus half for second copy also 25 for edocs, they never called back ....i guess maybe its better to get signings directly from a mortgage company, but it seems alot just use signing companies...any suggestions?

Reply by Charm_AL on 9/9/05 7:55am
Msg #64315

You wanted $154.50 for a 75 page e-doc. The $25.00 you mentioned is supposed to cover the printing and second set. They can find other SA's all day long to do it for $100.00. some would even take $75. if it's in their zip code.
It's better (for me) to have a base fee, second 'loan' charges or, as I call them, piggy-backs, add e-doc charges accordingly. Then determine distance, etc.
Stick to SS's until you have a least a hundred done successfully. Mortgage and T.C's count on your ability to get the job done right the first time and won't call you again if you make an error. When you are seasoned and have a good rep, you can command more from the later companies.

Reply by Classic Business Services LLC - Marie on 9/9/05 10:46am
Msg #64331

It depends on what company you are dealing with. Most signing companies want the signing agent's base fee plus e-doc fee. So charging an additional half of the base fee will not be successful with most signing companies since they are looking to make a profit also. So, try to just stick with your base fee plus edoc fee.

Reply by SoCal Signing Co. on 9/9/05 11:01am
Msg #64335

Good advice,
When I am looking for a signing agent, and am given a list of charges I say "thank you for your time" and move on.
Flat fee is fine, or flat fee plus print charge is fine... but do not list the copy fee or other fees

The scheduler knows how much he or she can pay AND less is more in the way of these conversations.

Just a little advise

Reply by Anonymous on 9/9/05 11:35am
Msg #64348

25 $$ for second set plus edocs...thanks ..now i know for next time...

Reply by Anonymous on 9/9/05 11:42am
Msg #64350

i was just wondering if you download 2 copies of edocs should you charge twenty five for each set of copies which would make it an additional fifty dollars?

Reply by Charm_AL on 9/9/05 11:52am
Msg #64352

for a single e-doc re-fi with a copy for the borrower, you charge an additional 25.-35. print and copy charge on top of your base fee. If it is a piggy back, meaning another or a second loan pkg, you charge a second fee which includes the copy for the borrowers also. In other words, for instance - you charge 75. base plus 25 for edocs, add an additional 50.-75. for second loan, that fee includes copy and borrowers copy...imo

Reply by Anonymous on 9/9/05 12:42pm
Msg #64369

ive seen before that some are getting 125-150 a signing

Reply by Anonymous on 9/9/05 12:45pm
Msg #64371

why don't you start quoting that rate and see how many takers you have. make sure you let us know when you buy that new car.

Reply by RickinVA on 9/9/05 1:32pm
Msg #64383

Hmmm, there are about 8 posts, and 4 of them were from the same person, a couple asking and a couple answering. <g> Maybe some people don't know that there is an additional line in the drop down for a 'handle' or 'moniker' so they can remain anonymous and still have an identity AND A LOCATION in the posts. I wonder if the moferator on this board couldn't make the distinction a little more plain.

Rick

Reply by Debbie_NJ on 9/11/05 11:31am
Msg #64661

I'm not sure I understand your situation. It was very confusing the way it was written. When I do signings for a signing company, I usually charge either $75 or $100 for overnight docs depending on if I've worked for the company before, how they pay, etc. That $75 or $100 fee includes the copy for the borrower. If that same signing included edocs, I'd add $25 to the $75 or $100 (making it a total of $100 or $125). If that same signing was a piggyback (a refinance and a HELOC or a refinance and a second refinance - 1st & 2nd), I would take my base fee ($75 or $100) and add half of that amount to the base fee (i.e., $75 + $37.50 = $112.50 or $100 + $50 = $150) and then add the edoc fees (if it's edocs). So, if you had a piggyback (two loans) that were edocs, the total would be $75 + $37.50 = $112.50 + $25 (first edoc loan) + $25 (2nd edoc loan) = $162.50 or $100 + $50 = $150.00 + $25 (first edoc loan) + $25 (2nd edoc loan) = $200. I hope I explained that clearly.

Just keep in mind that whatever your edoc fee is ($25 - $50), includes BOTH copies (1 to be signed and 1 for the borrower).

Hope this helps. Keep in mind these are MY figures. Yours may differ depending on how many notaries are in your area, how far the signing is, etc., etc.