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Real Estate closings
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Posted by tomsign on 9/27/07 11:29am
Msg #213433

Real Estate closings

I have been doing closings for ove 2 years in Western Virginia, but the closings are getting far and few anyone know any good companies to sign up with. Thanks

Reply by SOCAL/CA on 9/27/07 11:32am
Msg #213434

We are all in the experiencing fewer signings. Why would anyone give you their contacts?

Reply by MistarellaFL on 9/27/07 11:34am
Msg #213436

No, Tom, we are all in the same boat n/m

Reply by CJ on 9/27/07 12:08pm
Msg #213454

You either have time or money. . .

I used to have a lot of money doing this. Now, even with ALL my good contacts, I have a lot of time on my hands. I was down 50% in August, 75% in September, and now that the holidays are coming up, it usually gets slow for me. People don't tend to refinance during the holidays, and then comes tax season. So even if it gets good, I don't expect to see any significant work until next May, and that's IF this mortgage crises blows over by then, which I doubt.

Since you have time on your hands, be sure to check out Mortgage Serciving Pie: http://www.youtube.com/watch?v=ljHjZpC7bnc

(brought to my attention by another NotaryRotary member). It will really explain a lot.

Also, check out the posts from any day within the last few months. You will see that you are not alone.

Reply by tomsign on 9/27/07 12:07pm
Msg #213452

Maybe because you are in another part of the state. or you are just a smart a--.

Reply by Becca_FL on 9/27/07 12:19pm
Msg #213462

Okay Tom, How 'bout this...

Email me your entire client list, including contact names, phone numbers, fax numbers, website addresses, email addresses and physical addresses and I'll return the favor. Deal?

Reply by CJ on 9/27/07 12:34pm
Msg #213469

A very generous offer from Becca . . .

Information like that is valuable, and Becca is a smart business woman. She usually charges for information like that, which is right. But she is willing to barter with you. You are lucky. Smile

Reply by CJ on 9/27/07 12:31pm
Msg #213468

I am in Southern California . . .

I live in a HUGE suburb. There are millions of houses near me. I have been a full time signing agent for 7 years, averaging 1000 signings a year. I look forward to August and Septmeber as my biggest, record-breaking work months. I did worse this year in August and September than when I first started. My #1 client didn't call me ONCE.

Everyone got lectured recently in this forum about being vicously cruel to newbies, and I was one of the people saying, "you can tell the truth politily". Go back a couple of weeks in the forum and see what that was like.

I am surprised that you have been doing this two years, and you don't know what is going on in the mortgage world:

Subprimes have been yanked. When was the last time you did a Pick-a-payment, 1%, neg-am? Not lately. Many people who have those loans also have a 3 years PPP, so they are getting forclosed. Also, no one I know is loaning 100% financing. Lots of loan companies are going out of business, so there are less loans for us to sign. Title companies are getting significalntly less work so they are cutting their fees to the signing services to meet their overhead. Signing services are going bankcrupt like crazy, so they are closing their doors without paying the notaries. Many former loan-related people are out of work because of all this are becoming signing agents, believeing that they can make big bucks. XYZ is cranking out more notaries at a frantic pace so they can keep making their money.

SO, jobs are down, and there is a huge surplus of signing agents all looking for work. And they all want the expeirnced people to give them our contact lists and hold their hands so they can they take a slice of our paycheck. The WHOLE country is experiencing this, not just your county.

Welcome to the Titanic.

P.S. Beware of SOX, Unitied Notaries, and Signatures Plus. They use everyone once. (I don't understand why so many people are out of business except them.)

Welp, time to go clean the garage. I know my phone won't be ringing. And I already cleaned the whole house yesterday.

Reply by SOCAL/CA on 9/27/07 12:36pm
Msg #213470

Re: I am in Southern California ....Amen CJ n/m

Reply by CJ on 9/27/07 12:50pm
Msg #213479

Re: I am in Southern California ....Amen CJ

I'll bet you live far, far from me, and yet millions of houses are near you too.

I grew up in the San Fernando Valley. We would drive to L.A., San Bernadino, Palm Springs, and San Diego. I REALLY thought that the ENTIRE United States was wall to wall suburbia. I thought that if you drove to Washington D.C., you would encountr offramps every 1/4 mile, with mini malls and housing tracts the whole way. Whenever I saw pictures of other cities on TV (Denver, Seattle, Chicago), they all looked like L.A., so that reinforced it. If I saw calander pictures of farms, waterfalls, deserts, I really had NO IDEA where these pictures were taken.

When I was married, I drove with my mother in law to Alburqurque. (?) I was SHOCKED to see the horizon on DRY LAND. I was shocked to see signs that said, "No services for the next 100 moles". I was shocked to see mesas.

I drove with my new husband through Kansas. What a thrill! We have everything in L.A. but space. I yelled, "Stop the car!" I had to take pictures of all that wonderful elbow room. To me, it was surreal, just like a Dali painting.

Reply by Ndwa on 9/27/07 1:01pm
Msg #213487

Smart A-- better than stupid A-- like you, tomsign

wasting time looking to only sign up with companies in hope for works. I've been at this for 3 yrs and I didn't waste my time signing contracts and faxing them to 200-300 companies, but only about 25 of them.

I own a signing service and you sounded like the many notaries I've talked with who only knew sign up then expect to get call.

Learn what marketing mean then market yourself or be a stupid A$$ asking people for handout.



Reply by Joan Bergstrom on 9/28/07 12:10am
Msg #213579

Why don't you have a website in your profile?

Without a website it is almost impossible to get hired by a new company in 2007.

The lack of a website in the year 2007 suggests to a company that you are not a professional business person/company/etc.

Everyone in business needs a website! Duh!

I am not saying that having a website in 2007 will get you any business, but the lack of one is a deal breaker in the year 2007 and it was probably since the year 2004.

Reply by CaliNotary on 9/27/07 1:06pm
Msg #213490

"or you are just a smart a--."

Better to be a smartass then a dumbass. Why you thought people would really start posting their good companies simply because you asked for them is beyond me.

Reply by Todd/OH on 9/27/07 12:48pm
Msg #213478

Maybe we should let Tom

put himself on the list of SOX, SignaturesPlus, etc and see who gets left holding the bag. Business is tight (worse than a very short belt) and he wants fresh contacts. We are all on the same stinkin' ... I mean sinking ship !!

Reply by CJ on 9/27/07 12:54pm
Msg #213482

I do feel for Tom.

Even though Tom is a little confused, I was new once too. I would not wish Sox, Unitied Notaries, and Signatures Plus on anyone.

Better that he do something helpful around the house for his sweet, appriciative wife, than put hard work where he will get no compensation at all.

She will will at least give him a hug and a kiss. I know we all could use that right now. Smile

Reply by CJ on 9/27/07 1:12pm
Msg #213495

Hi Tom

The reason for all the hostility is that EVERY DAY for a long time, newbies come here saying, "Hi everyone! I'm new! Can you please help me find contacts so I can start making the big bucks that the signing classes promised me? Thanks!".

So people's patiences are wearing pretty thin. I think it is like starving dogs fighting over a boney carcass, and then somone else shows up and expects everyone to be nice and share.

Reply by docs1954CA on 9/27/07 7:35pm
Msg #213550

Re: Hi Tom

Tom, the reason you're getting any responses from this forum at all is because most of us are sitting on our thumbs waiting for the phone to ring! Do your own research pal. The information is out there. Go find it, and good luck, you'll need it.


 
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