Posted by Mary_CT on 6/23/07 9:02am Msg #196617
Simplier method of figuring out fees
Think of it as "opportunity cost."
If one agrees to do a signing for $50 or less, or frankly, in CT $85 or less, then that time is taken.
Which means when the $125 call comes in, you are booked and can't take it.
I have no difficulty whatsoever, simply telling signing agencies my fee and advising them to call around to see if they can find someone for less - there are bound to be people with nothing to do who might accept those lower fees. I turn down at least 5, closer to 10 of those $50 signings a week. Oddly, sometimes the same company (different people) call as if I might change my mind or have second thoughts.
Frankly, I don't mind doing a simple mobile notary job in town for $75, but once I start driving or it is a loan package, the fee is $125 minimum. And frankly, at that price, it is pushing it as to whether that is the best use of my time.
Calls where I am required to drive for 30 minutes each way, be at a loan signing for an hour, plus all the front end clerical, back end clerical, shipping, etc. are simply not worth accepting for $50 (with edocs!!!!) I am polite, but firm- friendly and helpful, but not willing to accept low fees.
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