Posted by Samantha Milam on 8/16/07 10:48am
Msg #205919
Signing Fees
I am new and in the State of AL- Can someone please tell me the correct fee amount to charge for a signing?
Thanks
| Reply by Signing_Doc on 8/16/07 11:00am
Msg #205922
(Voice of Smokey Bear)...."ONLY YOU CAN..." get the 'correct' fee amount. You must take into account your time per hour on prep (getting the docs, printing two copies of the docs, setting the appointment etc)...your actual time at the appointment....are there faxback requirements for the loan and approximately how long will that take...your travel time, your gas expense, tires, car, phone, insurance, paper, printer(s), fax, toner, electricity, replacement costs of the aforementioned item, and a few items I probably haven't listed. But only YOU can determine what you need to make in order to not only be competitive, but make a profit. That being said, DO NOT accept any signings by SOX, or any other no no companies previously listed on this board (do your due dillegance and check the search button.) You also need to read the 'basic message' (I believe it is 33325...guys correct me if i'm wrong)...this is a basic tool to read, read and read. As an average, some people will say $125.00 for edocs is a base, some people will say it's too low/high. It all depends on where you are living and a whole bunch of other items.
I hope this helps you. If you have read the board, this is a CRAPPY (yes I said it) time to start. Most of us are getting out or going part time. Good luck and hope this helps!
"Doc"
| Reply by BetsyMI on 8/16/07 11:25am
Msg #205933
That was a very nice reply Doc
Maybe we should 'cut, copy & paste' it every day.
| Reply by Teddog/CO on 8/16/07 11:33am
Msg #205934
Re: That was a very nice reply Doc
Sounds like a good idea. I saved it to my favorites. Next time I get a deadbeat I plan on sending it along with my collection email. At least you can have a laugh. lol I have a rather "dry" sense of humor. 
| Reply by rengel/CA on 8/16/07 11:59am
Msg #205939
The Ford light just came on
We need to make Post # 33325 and this messdage MANDATORY reading before a new poster can post their first question.
Then if they still aska stupid question --- they deserve to be lambasted here.
My .02
| Reply by ToniK on 8/16/07 1:06pm
Msg #205947
Re: The Ford light just came on
I never understood and probably never will why those of you who seem to hate "newbie" questions contiue to respond. There is a such thing called "ignore". You dont have to answer every question that come across the screen. This type of attitude makes newbies not want to ask questions. I, as a "newbie" when first reading this board would not ask any questions because of those who seem to be so nasty about questons. So the old phrase of " if you have nothing nice to say, dont say anything at all" should apply. Remember we all were newbies at one time.
| Reply by legnar on 8/16/07 1:55pm
Msg #205956
Re: The Ford light just came on
I AGREE this foruem should be used to help and inform each other and hopefully put these companies that don't pay out of business. Too many times peoples (mostley newbie's) don't post something because of the rude comments being made and if someone doesn't know what to do and screws up it is bad for all of us.
| Reply by Sylvia_FL on 8/16/07 2:20pm
Msg #205959
Re: The Ford light just came on
If someone does not know what to do to conduct a signing then they really shouldn't be doing signings and screwing them up.
Most of us are happy to respond to newbies questions, however we are not required to train them or answer basic questions that they should already know the answers to before taking on signings.
| Reply by Dorothy_MI on 8/16/07 5:49pm
Msg #206014
I agree Sylvia
and besides, if the newbies think that we're tough on them they won't be able to handle some of the borrowers that are out there. One of the best things you can do in this business (notice I said business, not HOBBY), is develop a thick skin because you need it. Every one is NOT Mary Poppins. You will meet more than your fair share of crabs. Thankfully not every one falls into that category or even we "old salts" wouldn't be able to do this business. If you think we've been harsh, when you get the borrower from hades (and you will if you get to about number 25 in signings), you will sit there and think, "And I thought the board on Notary Rotary was tough!"
| Reply by jba/fl on 8/16/07 2:27pm
Msg #205961
This forum is used to help, inform, educate, elucidate, but
one thing that is constantly asked: the same questions. There is a search button, which gives the option of looking for topic, message # (specific), or author. When one sees that another individual appears to have great insight or common sense or general knowledge, search by author and all posts by that author come up. This is discussed repeatedly, so if one has been reading for a while, one should be able to garner enough info to search somehow to find answers for onesself. The daily asking of the same questions is what sparks remarks that some find rude. The next thing that sparks answers that some find rude is after the answer is given in a post, it is not believed, or snorted at because it did not fit the parameters of what one was expecting and/or hoping to hear.
(I am posting this using formal discussion refering to another as 'one' so as to avoid 'you', which is plural but many find that to be 'picking on me' and start to get all whiney. Another peeve on this forum.)
| Reply by BetsyMI on 8/16/07 2:36pm
Msg #205963
Well said, jba/fl! n/m
| Reply by jba/fl on 8/16/07 2:56pm
Msg #205967
ToniK - you have been on this forum long enough to know that
there are certain things that get asked over and over;, so for you to say you don't understand is ridiculous and I am not buying it. I am not attacking you here, I am stating factual, obvious observation. The question was answered fairly, sincerely and quite nicely.
I get the impression that when youwerre very young and asked to go outside in the front yard and your mother told you no that you argued w/her, probably telling her she wasn't very nice to you. We just don't always get the answers we want - that is life. Judging from your picture on your link, you are young and a product of the public education system that bought into the nonsense that we mustn't damage the little egos w/any negativity and must always tell the little ones how great they are, that they didn't fail at anything, etc. This is another topic I know, but you can see (thinking logically now) how this school of thought was/is so damaging in the long run. Life is not school, or home; there are glaring inconsistancies and unfairness to go around to everyone.
Good Lord, I'm old now - you should experience what I experience: your useful life is over, therefore, I will not bother with you in the store, honk or give me an urban salute because I am driving too slow, ignore me because there is a 'cute young thing' that really needs my attention (poss. date) even though she/he has no money, and I could go on forever, but I won't. Our experience is what we have, and noone wants it because 1. it comes from an old geezer, and what does he/she know 2. they tell the truth and you can't handle it (so sayeth Jack Nicholson in some movie) (and you can be sure ToniK that someone will correct me on this, just as quickly as someone will correct my spelling if they are in the mood.)
You can be an ostrich and stick your head in the sand, you can whine at the injustice of it all, moan that you don't understand, or you can just suck it up and continue onwards, chalking it up to experience. Remember: experience is the best teacher, exp. when it comes from another who has been there, done that, etc. The sign of stupidity is doing the same thing over and over expecting different results.
As all else on this forum, or any forum, this is JMHO, and since it falls into the advice category and it is free, it isn't worth even the $.02
| Reply by Dennis D Broadbooks on 8/16/07 3:19pm
Msg #205974
"Judging from your picture"?
Is labeling Toni a product of the public school system a shining example of one of your "factual, obvious" observations? Where is it observable from her picture she even went through the front door of a public school? She could be the product of home school for all you know. And just because she might have been in our public school system doesn't begin to justify pigeon holing her in the manner you've just done. You've taken your criticisms more than just a tad bit too far. In my humble opinion you owe Toni a very humble apology.
| Reply by jba/fl on 8/16/07 4:18pm
Msg #205995
Re: "Judging from your picture"?
Let me amend that: "Judging from your picture on your link, you are young and a product of the public" to include the word "probably" in front of "a product", to wit: Judging from your picture on your link, you are young and probably a product of the public ..."
The balance of my statement stands - the public school system is a farce, it was and still is broken, with inordinate attention given to preserving the little psyches at the expense of old fashioned discipline and standards. Why can't Johnny read has been a heated discussion for decades. Many would like a return to the 3 R's, and if you are not aware of it, then you have your head in the sand. (And please, I know there are wonderful schools out there - but are they the exception? I am very pro-teacher, and I see things in my own school district that make me shudder)
Yes, generalizations were made for the sake of argument (debate, discussion) not to be argumentative. Before one decides to defend blindly, one should garner all facts that one can, then the defense begins. If indeed your 'client' has issue, then let your 'client' take the stand.
I will not apologize as I stated right from the beginning that this was not an attack on her personally, and it wasn't. Judging from her picture she is a lot younger than I although she could be vain and have posted an old photo, I don't know. and everyone looks young to me these days.
To take a single phrase out of context is nitpicking distortion.
Now, is it my turn to say, "Have a good day."? No. But do I have anyone thinking? Are there any thinkers out there?
| Reply by Dennis D Broadbooks on 8/16/07 4:41pm
Msg #206001
Defend Blindly? Nitpicking Distortion?
Your attack was personal & you most certainly did throw around some very perjorative labels with absolutely zero "factual" evidence at your command...only your own apparent vivid imagination running amok. Talk about a need for garnering all the facts! It doesn't take much thinking to glean your arguments are totally without merit as it regards your feeble attempt to nitpick Toni's edcuation &/or her character apart. In my opinion you DO owe her an apology.
| Reply by Signing_Doc on 8/16/07 3:37pm
Msg #205982
Please spelchek (sic) your website...unless your notaries
actually 'speal' Spanish. (Just a help...not a criticism...we are judged by what we put out for the public to see).
"Doc"
| Reply by JanetK_CA on 8/18/07 3:22am
Msg #206359
Re: The Ford light just came on
I think you maybe answered your own question when you said: "This type of attitude makes newbies not want to ask questions." Perhaps that's the intent... If our posts have encouraged someone to find the orange button before asking, or to do a little research on their own before posting for the gazillionth time another question that someone taking on the responsibility of doing loan signings should already know, then just maybe we have achieved our intent. If you have hesitated before asking questions, then good for you!! You probably learned more that way and the answer probably stuck with you longer.
I think it was Sylvia who said that this board is not intented to be a training ground for newbies. As it says at the top of every page, this is a general discussion forum for PROFESSIONAL NOTARIES. And, one more time, let me restate that as newbies we didn't all expect someone else to answer our questions for us and we didn't all have a resource such as this available, so that argument doesn't wash. You have probably seen that those who do the research first and try to figure things out on their own, then bring their questions here are usually treated nicely and given a great deal of help.
One reason we keep responding is to try to counter the attitude of entitlement that seems so common. What is unfortunate is that if people really took these comments to heart instead of getting upset because it wasn't "nice", they would be much better off and probably much more successful.
| Reply by Dorothy_MI on 8/16/07 1:19pm
Msg #205950
Not to rain on your parade
But before you invest any more time and effort I suggest you read the post two after yours and read the list of lenders, mortgage companies that are either OUT of business or on the verge of going out of business. You can charge as much or as little as you want, but if you don't get paid it's a mute question. And yes, read message 33325 if the above post doesn't completely make you run the other direction as fast as you can.
| Reply by Rose P. on 8/16/07 3:22pm
Msg #205975
Re: Signing Fees and the learning curve
I am new to signing although I have been a notary for 12 years. I am wondering about the fees too, they seem to be all over the map. Also, it seems that the learning curve on this job is pretty crazy- so far, every single signing I have done has been unique in some manner and I am getting a little tired of the vague instructions and terminology and the sometimes harsh treatment. Any advice? I need to become proficient at this.
| Reply by qmriley on 8/16/07 4:17pm
Msg #205994
Re: Signing Fees and the learning curve
Pray.. But it might take a while but I do take each assignment separately you will probably never have the same situation twice so just be prepared for anything.
| Reply by Sylvia_FL on 8/16/07 4:21pm
Msg #205998
Re: Signing Fees and the learning curve
The "uniqueness" of each signing makes it interesting
| Reply by CJ on 8/16/07 8:26pm
Msg #206053
Learning curve.
When I was brand new (years ago), I was lucky to get one job a week. That gave me plenty of time to sit ignorantly while the borrowers read every word and called their processors about every page. Now I understand every word, and I understand how the processors explain every page.
So as the borrowers read, ask them what they are learning. You will sign attorneys, accountants, loan officers, financial advisors, and the I-am-going-to-read-every-word-come-hell-or-high-water engineers (who won't understand squat, because legalese is not their forte). All of these people can explain a LOT to you about the docs.
| Reply by MelissaCT on 8/17/07 9:05am
Msg #206153
Re: Get used to it, nothing is cookie-cutter n/m
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