Reply by Leon_CO on 5/8/06 8:56pm
Msg #118432
It depends on the signing agent. One agent might be very busy (i.e. they've done a lot of marketing, made the right connections, have a good reputation, etc.), while another agent might not get any calls. I had one closing today. Someone else in this town may have had 5 or 6. I'm still fairly new and haven't signed up with a lot of companies yet. Perhaps (hopefully) next year this time I'll be a little busier than I am now.
If your SIL wants to email me, I'll be glad to answer any questions she might have. I know how hard it is when you're just starting out. My email is [e-mail address]
P.S. Tell her not to expect to make $100,000 her first year. 
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Reply by Bonnie_CO on 5/9/06 10:01am
Msg #118528
Lynng.....
Leon gives some good advice here. I would like to add that, even though they make BIG promises, the people at the seminar, she will not make a decent living at this in the beginning, and maybe even for a few years. It will depend on how hard she's willing to work and how much money she's willing to invest. This is not a "investment free opportunity"!
I've never attended one of thier seminars, but I bet they make all kinds of big money making promises. Don't believe it. Then you have to figure in the market slowing down right now. At best, she will be working for cheapie signing services that want her to jump through hoops and send them tons of faxbacks after each closing. The title companies, that actually pay decent, won't hire her directly until she has a good amount of experience.
Tell her to factor in how much wear and tear she's going to put on her vehicle, the cost of a very good LASER printer, no ink jets allowed!, the cost of her time to spend hours and hours signing up with hundreds of signing services, a fax machine or the cost of something like efax, the cost of paper, which is now, due to rising gas prices, up to around 30.00 a case and the list goes on.
Does she have a legal or real estate background? It's not a requirement, but it helps. And she will have to figure in that everyone in the seminar class is now her competition, they will be signing up with the same SS's, and competing for the closings that she wants. It's not as easy as they make it sound!
I really am not trying to sound hateful or bit*%y, but these are thing she needs to consider. It also gets abit frustrating to those that have been around a while since after every loan signing seminar we spend weeks going out and doing re-signs and clean up after the new seminar graduates, because the seminars just skim over the basics, and really don't tell you anything about the real world of loan signing.
Colorado Springs has some excellent notary signing agents that have been there a while. I don't go up there no matter how much they offer, simply because I don't like the traffic. Oh! Don't forget about having to wait 30+ days to get paid! I wish her the best of luck!
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Reply by Anonymous on 5/16/06 12:32am
Msg #120098
Re: Lynng.....
I find it AMAZINGLY IGNORANT that you are so quick to ASSume what promises are being made at a seminar that you have never actually attended. I think I could respect your opinion if you went just to hear what the teachers had to say. In actuality, the instructor I had DID in fact say everything that you have just forwarned and forcasted for the future. I just don't understand the thousands of cry baby Notaries who go to a borrower's home and chat about how they got started and how easy it is, "all you have to do is...". The seminar I attended have half of the class in attendance because a Notary came to their home when they refi'd or took out a line of credit and they Notary couldn't stop bragging about how much money they were making and how easy it was. So if you want to blame someone, blame the mouths of your fellow NSA's NOT the NNA...
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