Posted by Joe Ewing on 6/9/06 7:47pm
Msg #125046

Choices

I got a call at 3PM by a Signing Service to do an e-doc signing in La Jolla for tonight at 6:30. The fee was $100. I turned it down because the fee was lower than my minimum. One hour later I got a call to do a 2 signature mobile call in the same location. I quoted $60 and collected a check for my service before I left. Which one was the better appointment?

Reply by DonnaV_CA on 6/9/06 9:01pm
Msg #125053

Preaching to the Choir

Hmmmm... hard one..... not..

I appreciate it when you stand firm.. makes it easier for me to stand firm. I turn down
lots of low pay.. I know they go somewhere to other notaries.. but I just can't afford not to make my minimum.

Reply by Bob_Chicago on 6/9/06 10:13pm
Msg #125056

Just a thought

The best appointment would have been doing both
Assuming that you could work out the times, you could have
made one trip, been paid $160 and expended a little extra time and gas ,
together with some toner and paper.
I am not advocating working on the cheap, but you should consider
your "incrmemental cost" of acceping a particular assignment, to determine
if it is is it still profitable?
Everyone needs to decide what works best for them, but , in
many instances, I have acceped a "marginal" job and later
get an offer for a job (frequently several jobs ) that can
geographically and time wise be combined into one trip.
I find it more profitable to be out working , even if each job
does not constitute a "killing" than making seperate
trips and then deadheading home. There are numerous economic
socialogical and personal factors involved in the decision, but
generally you will make more $ out working tha you will staying home
and watching re-runs of Leave it to Beaver."
I also believe that the more jobs that you accept, the more you
will be offered. The TC/SS schedulers are going to make their first
call to someone who will likely accept the job.
The new realities of the NSA business may cause some NSAs to consider
re-thinking, and possibly updating their business plan
Have a great weekend all.

Reply by Pat/IL on 6/9/06 11:05pm
Msg #125061

Re: Just a thought

I agree with Bob. They make 'em smart in Chicago. However, Bob, your reply may lend credence to the "windy city" rep, hee hee.

Reply by patricia on 6/9/06 11:21pm
Msg #125063

Re: Just a thought

I agree taking both might have worked out well, it has frequently happened to me when I had one appt. in an area, then one or two more will appear. I used to do some e-docs for $100.00 but that was before I was getting lots of sub-prime, they are lots and lots more paperwork. No way will I accept $100.00 for those packages. It

Reply by Joe Ewing on 6/10/06 3:07am
Msg #125079

Re: Just a thought

Bob did you read my post? Your answer was completely off the mark. Sometimes that's referred to as a thread - jacking. I asked what one was the better appointment. The 5 minuite $60 cash one or the $100 4 hour adventure one due to close at peak traffic time that was offered to me at 3PM by a signing service. Do you own a signing service?

Reply by Bob_Chicago on 6/10/06 7:23am
Msg #125087

Nothing personal , Joe. We have both been around......

these boards long enough to reealized that starting a
thread is like putting a note in a bottle and throwing it
into the ocean. You never know where it may end up.
I , of course , am not familiar with San Diego geography and
traffic patterns.
I was just trying to point out ( among other things) that sometimes
you may end up kicking yourself for turning down a job, when you
later learn that you could have combined it with several more.
Hope that you have a great summer.
(BTW, how do you know when it is Summer in SD? I could get used to
the same boring 80 degree temp all year long)

Reply by Joe Ewing on 6/10/06 1:06pm
Msg #125135

Re: Nothing personal , Joe. We have both been around......

Well here's to that message in the bottle analogy Bob. I hope summer in the city is good for you too. You can always tell summer is here when the Arizona license plates begin to clog the freeways. Otherwise not much change. We do have a form of nuclear winter along the beach area and we refer to it as May Gray and June Gloom.

Reply by CaliNotary on 6/10/06 1:56pm
Msg #125139

Re: Just a thought

Joe, I think it's because you didn't word your post very well. The way you wrote it, it looks like you passed up a $100 signing in La Jolla, only to accept a $60 notarization in La Jolla an hour later. From what you wrote here, I'm guessing the $60 notarization was in your own town, not in La Jolla.

But that's not how it appears in your post, and that's why you've gotten a bunch of responses about combining appointments.

And your "do you own a signing service" response here is just weird. Why on earth would you jump to the conclusion from what Bob wrote that he must be a signing service trying to drive down fees?

Reply by BrendaTx on 6/10/06 2:07pm
Msg #125140

Excellent Idea Bob...excellent

**The new realities of the NSA business may cause some NSAs to consider
re-thinking, and possibly updating their business plan**


Mine has updated in a strange way, less business higher fee...it's either that or call it a hobby. This is not true for all...Texas, yep, it's a better plan. Be seriously committed to the call you get by charging enough to be committed and interested in doing it right.

Speaking of that, I have to go to my lawyer friend's office right now to close a Heloc...must close in an atty office, title co, lender branch, you know.

His cut is $1XX.XX whether it closes or not. Apparently, title co's think it is worth it.

My time is as well. I have to charge a significant amt to cover us both.

Last night he had one not close for the second time. Good loans, weird bwrs. He's getting $4XX.00 now for two loans that did not close.

Reply by BrendaTx on 6/10/06 2:09pm
Msg #125141

Re: Excellent Idea Bob...excellent - my point

in that earlier post is that in many situations for lender to have a shot at closing the loan is worth it at a price that may surprise others. Otherwise, why would they go for that twice?