Posted by Pamela on 1/24/07 3:37pm
Msg #172429
To All Newbies, "They" Never Forget. . .
I started loan signings early last year.
During the time, I signed-up with many, many signing services,
to include the $50.00 companies. At the time, I was just busy
signing-up. It was nerve wrecking. Being new and all.
However, I have yet to accept $50.00 for a signing.
(Thank goodness a long-time experience notary, was there
to give advice, as to what my fees should be, on my first
assignment.)
So now, a year later, there are some signing services, calling me
for assignments at the $50.00 rate.
I tell them what my fees are, and they reply, "But on our website,
you signed-up for $50.00" or "In our database we have your fee
listed as $50.00."
And, there are contacts (somewhere) with my signature,
agreeing to the $50.00 fee.
My reply, "Is yes, that is true. That was a year ago. I was new and
I signed-up with hundreds of companies. That was an error on my part.
However, my fees now are. . ."
They act amazed. As if the $50.00 is written in stone. Some accept the
"revised" fees. Others do not.
And some, I would not accept an assignment for any price. . .
Lesson learned: Signing companies do not forget (especially the $50.00 ones)!
"Newbies", when setting a fee, make certain that it is something that
you will be comfortable with. Because a year later, although you
may be more experienced and knowledgeable, the signing companies
will still remember the fees you set, when you first listed with them.
Pam
| Reply by Pamela on 1/24/07 3:40pm
Msg #172430
Spelling Correction
And, there are "contacts". . .
should be, "contracts"
| Reply by Roger_OH on 1/24/07 3:44pm
Msg #172431
It's your business, and your fee schedule -
and you don't have to defend them to anyone. Tell them what your fee is for the job, based upon your experience and expertise, and that you're not a $50 notary, period. They can take it or leave it.
| Reply by Mindy_WA on 1/24/07 3:52pm
Msg #172432
Re: I like that '"They" Never Forget. . .'
I personally like it that I get called for the $50 signings. If I had my fees listed at what they are, Some of these companies would never call me. We NEVER work for $50 fees, but we get calls for them. When I tell them what my fee is, they have the option to take it or leave it. Some take it. Some leave it. I am grateful that I got the call for every time I get my fee. It's a call I would not have gotten otherwise.
Don't get me wrong, I didn't set out to deceive, but as you said, "they never forget"...and times have changed from when we first signed up with many of these companies.
I always try to think the glass is half full, not half empty.
| Reply by Charles_Ca on 1/24/07 5:14pm
Msg #172447
this is exactly why I never sign aleatory contracts
When you completed the contract you agreed to accept the fees stated and if there was no expiration date the contract runs until modified or terminated by the parties: a good reason not to sign contracts you may not want to live with. These contracts have a lot of garbage that can actually come back and bite you. Most of the contracts have a provision for not discussing internal affairs of the signing company and they could actually have recourse for some of the things said on the notary websites. I doubt it would be worth it to them but it is still a reality.
| Reply by AngelinaAZ on 1/24/07 10:49pm
Msg #172510
I'm with you Charles...
I'm an anti-headache kind of girl. I don't ever sign that crap. I send an invoice for services along with a W-9 and I don't jump through hoops.
I work on my terms... (it took some trial and error to iron out all those terms) and I'm happy at the end of the day.
| Reply by LawrenceOK on 1/25/07 8:18am
Msg #172535
Re: I'm with you Charles...I'm with both of you
and I personaly believe 90% of those contracts would not stand up in court.
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