Posted by ZeeCA on 6/28/07 9:25pm
Msg #197577

JOHNNYB YOU ARE THE BEST n/m

Reply by ZeeCA on 6/28/07 9:27pm
Msg #197580

but than i read your post right below it... you know we can

not tell you fees... see Charles previous post if you need to know why

Reply by JohnnyB on 6/28/07 9:35pm
Msg #197587

Re: but than i read your post right below it... you know we can

don't understand second half of your sentence

Reply by TRG_wy on 6/28/07 10:16pm
Msg #197616

Re: but than i read your post right below it... you know we can

Charles is wrong in regards to what it is you are trying to tell him.

We've been over this a zillion times, Charles is entitled to his belief on that subject but he is wrong (Msg #197263). It is not price "fixing" to quote fees nor is it price "fixing" when every gas station within a square mile charges $299.9 for a gallon of gas, or every notary agrees to a fee of $50. Get real. There is no basis in law as it relates to notary fees and that is the subject here.

Now, let the slamming begin.....

Reply by TRG_wy on 6/28/07 10:34pm
Msg #197621

addendum

I forgot to add that Charles is 100%+ accurate when he explains his business plan process. You need to really sit down and lay yours out. You might soon discover that if "your" fees are too low you can not sustain staying in business. You work at a loss for yourself while at the same time providing huge profits for those who supplied you with the work.

My plan doesn't allow for me to work for free or even lose money while providing a service.

Reply by JohnnyB on 6/28/07 10:37pm
Msg #197622

Re: addendum

Yes, I think most of the notaries in my state do work for free.

Reply by Rachel/ORWA on 6/28/07 11:05pm
Msg #197630

Re: addendum

Yep. By the time you take out all of your expenses to arrive at net income, you then need to subtract the hidden costs of being in business for yourself, such as no employer 401(k) contribution, no paid vacation, no paid sick time, no cost-of-living raises, no subsidized health insurance, etc., and THEN divide that number by an accrate assessment of hours/signing to see if it's all worth the headache of being yor own payroll, human resources, research and marketing departments.

How's that for a run-on sentence?!

Reply by JohnnyB on 6/28/07 11:11pm
Msg #197634

Re: Rachel, you are brilliant

A lot of people in this business are not sophisticated enough to understand this

Reply by Rachel/ORWA on 6/28/07 11:20pm
Msg #197644

Re: Back atchya... n/m

Reply by Rachel/ORWA on 6/29/07 1:21am
Msg #197663

Re: "accrate" is a terrible word to spell inaccurately! n/m

Reply by JohnnyB on 6/28/07 11:04pm
Msg #197629

Re: business plan


I don't think huge profits are being made in this industry now. Large companies are cutting fees to avoid layoffs.

Does your plan allow to make less of a profit than you did 4 years ago?

Reply by Charles_Ca on 6/29/07 12:08am
Msg #197654

It is price fixing when you and someone else agree to charge

a certain fee. It is not my opinion it is case law, real estate agents as a result are very reluctant to discuss comissions beacuse of cases where anti-trust laws were invoked over an innocent discussion, in a restaurant of fees charged. Please see your attorney for the specific cites, an attorney admitted to practice before the bar is the professional who may advise you regarding the legality of your discussions.

Reply by JohnnyB on 6/29/07 1:42am
Msg #197664

Re: It is price fixing when you and someone else agree to charge

We are only discussing the posted recomended fees from NNA. Do you think they checked with their attorney before posting these

Reply by TRG_wy on 6/29/07 8:24am
Msg #197695

Re: It is price fixing when you and someone else agree to charge

Under U.S. law, price fixing is only illegal if it is intentional and comes about via communication or agreement between firms or individuals. It is not illegal for a firm to copy the price movements of a de facto market leader called price leadership, which has been seen to be the case in markets for breakfast cereals and cigarettes. But informal agreements or unspoken agreements to "fix" price can violate the antitrust laws.

It is highly improbable that ALL notaries in a given area (or across the US) will have the same exact fee for the same service. That's why the SS shop around for low-ballers. We also know that the national "standard" commission for a RE agent is 6%, that too can be negotiated.

Reply by John Henshaw on 6/28/07 9:34pm
Msg #197586

Re: JOHNNYB YOU ARE THE BEST

Zee, that was good, wasn't it, business is very slow, in bad mood.