Posted by Have Stamp Will Travel LLC - Peggy on 8/9/07 10:28pm
Msg #204847

Base pay

I'm doing a survey. Would you advise me as to what most Notaries are getting for a base pay and in what state and area they live. I'm comparing it to what I work for.I live in a rural area just 58 miles from the Oregon border. I know some areas get more than the area I live in. I'm in Oregon. I service Josephine, Jackson and Douglas Counties.

Reply by KimK/pa on 8/9/07 10:44pm
Msg #204850

Wouldnt it just be easier to look up fees on profiles since

you are a SS. Why have a survey that no one is going to answer?

Reply by Charles_Ca on 8/9/07 10:58pm
Msg #204852

Look at her recent posts, she got burned advertising as a

Signing Service and now want to see if anyone actually works for the NNA suggested fee. Some people never learn.

Reply by Charles_Ca on 8/9/07 11:00pm
Msg #204853

Starting at post 204724 ;) n/m

Reply by Roger_OH on 8/9/07 11:18pm
Msg #204855

Realities

Peggy, it doesn't sound like you have much experience as an NSA, and yet you are trying to start a signing service?There are HUNDREDS of SS out there - what makes you think you can compete with those already established, in a market where they are dropping like flies? Read the news (and this forum!!)!

The statement that you'll pay provided you get paid underscores your ignorance/naivete about the NSA field. You pay your notaries first, then worry about yourself; they've completed the job you asked them to do, and they have no control over what happens after they return the docs. Further, they can't have a financial interest in the outcome of the loan. You need to do a lot more research. Take Sylvia's sage advice, and put some capital into your venture before you get caught short (and you will) and likely go belly up very quickly, leaving a poor BBB rating, collection agencies from unpaid notaries, and lousy credit in your wake. Finally, get considerably more mobile loan signings under your belt before you think about farming them out.

Reply by Sylvia_FL on 8/10/07 9:04am
Msg #204877

As long as you are getting what you are asking for it doesn't really matter what notaries in other states and areas are getting.

But, I think you are asking this in regards to your efforts to start a signing service. Decide yourself what fees you are going to offer, and then see if anyone is accepting your signings, and if they do, make sure you have the capital to pay them right away and not wait to see if you get paid. Starting a signing service is not easy! Those that have gone under can vouch for that! Get yourself a business plan, make sure you have title companies that are willing to use your signing service. Make sure you can guarantee your signing agents work - I always guarantee the signing agents work to the title companies! - because if they screw up the title company will come down on you.
This is not a good time to be starting a signing service, too many lenders are going under!

Reply by docs1954CA on 8/10/07 10:18am
Msg #204881

Pay the notary 80% of the fee you charge..howzzat? n/m

Reply by spnotaryplus on 8/10/07 10:22am
Msg #204882

Why haven't you linked your profile/name here on NOTROT?

Reply by Sylvia_FL on 8/10/07 10:28am
Msg #204884

Re: Base pay - spnotaryplus

If you look at the message Charles referenced her profile is linked. And her website is also linked - and it has errors in it, unprofessional!

Reply by spnotaryplus on 8/10/07 10:37am
Msg #204885

Re: Base pay - spnotaryplus

Thanks Sylvia but I was curious as to why she does not link the name of her company that appears next to her post. She added it in her message and I went to her site and yes I do agree with your comments on the site. Needs a ton of work.

Reply by justin/CA on 8/10/07 12:14pm
Msg #204899

She is something else.

Yesterday her message looked like a nine year old wrote it. Now she wants help on what to pay notaries.

Go back to what you were doing before, this business is clearly over your head

Reply by Todd/OH on 8/10/07 12:35pm
Msg #204905

She's not saying much in response n/m

Reply by Sylvia_FL on 8/10/07 1:11pm
Msg #204915

Re: I noticed that Todd:) n/m

Reply by JBarnes_NY on 8/10/07 2:59pm
Msg #204959

1000 / signing any work for me n/m