Posted by 101livescan on 8/19/08 10:53pm
Msg #260733

Well below pay scale

I had a call today from Loanclosers.com to take an application for RM for $45! What the heck is this....I've always been paid $100 to do the application piece and $100 for the actual signing. Three of my competitors were also called, we all declined.

Reply by Becca_FL on 8/19/08 11:26pm
Msg #260735

I've always been paid $125 for the app and $150-$200 for the closing.

You've gotta know the brokers to get the good money.

Didn't you used to teach this? Why sell yourself so short?

Are things not so WILD in SoCal? Oh, let me answer that...NOT!

Reply by 101livescan on 8/20/08 12:30am
Msg #260739

Why do you find it so necessary to be so snide? In these times, I've reduced my rates slightly to stay in the game. I work for a lot of brokers, yes, times are a little lean in CA, and a lot of other places.

Why don't you try to be a little less "hostile" and cutting on this board, Becca. It is so unattractive, I'm sure you're a nicer person than you show yourself here. It is so unbecoming, like going to a nice dinner party in a lovely white dress, bone china, silver and crystal, white tie affair, and you smiling at your date with spinach hanging from your teeth! If you don't have something nice and beneficial to post, leave!

Reply by CaliNotary on 8/20/08 2:05am
Msg #260743

"If you don't have something nice and beneficial to post, leave!"

Why do people always say stuff like this on this board? It really is the height of arrogance. If you don't like reading Becca's comments then why don't YOU leave?

Reply by LynnNC on 8/20/08 8:42am
Msg #260762

This would have been better said as a PM.

Reply by 101livescan on 8/20/08 9:03am
Msg #260767

You are so right! Advice heeded, Lynn. I've been a member of this board since inception, I'm appalled at how members attack one another, or pile on and devour one person. This should be a mentoring platform, not a juglar vein attack platform. A lot of professionals in the title/lending business read this board, I'm sure they figure out who they don't want to be calling for work. Members need to post more politically correct and not be so vicious.

Reply by MW/VA on 8/20/08 9:13am
Msg #260773

Amen to that! I wonder what some people are thinking when they think it is their "duty" to comment in a nasty way about someone else's posts. We're all in the same business, folks.
We know how difficult it can be. If we can't support one another in the forums, what does that say about us in the industry? I'm for cleaning up this board and making it a safe place.
Incidentally, I know many of the best notaries in this industry do not participate here.

Reply by RonA/CA on 8/20/08 9:58am
Msg #260791

I don't make too many posts on this forum for this very reason! Everytime I read someone's post and then the following comments I am 'disgusted' at the remarks one makes about or to a fellow NSA. I, personally, would like to see more interesting and helpful remarks then those that are nothing but downright snide and arrogant!

Reply by LynnNC on 8/20/08 10:05am
Msg #260792

I agree! n/m

Reply by 101livescan on 8/20/08 10:18am
Msg #260796

Re: I agree!

Thank you all! I'm happy to know that other members of this board are as disgusted with some of the nasty, down right mean spirited attitudes reflected in dialogs on this board as I am. We're going through some very bad financial times now and for some time to come. We all need to stay positive, proactive and supportive to one another. We can't afford the luxury of one negative thought/posting. I many times have reflected I should quit this board rather than wade through the nasty, cut-throat postings. Perhaps change in demeanor can occur!

Have a great month end, if possible! Even the live scan biz is slow, August is a vacation month.

Reply by Becca_FL on 8/20/08 10:53am
Msg #260812

I wish you would.

>>>I many times have reflected I should quit this board rather than wade through the nasty, cut-throat postings.<<<

Reply by Becca_FL on 8/20/08 10:52am
Msg #260811

Re: Well below pay scale - Cheryl

I can't help but comment when a veteran closer posts here complaining about low fees. Especially when that veteran closer is directly responsible for flooding the market with new NSAs that were encouraged to accept paltry fees to gain experience and helped to bring this profession down to the level we are at now. Cheryl, as usual, you are part of the problem and not part of the solution. Quit complaining about a situation that you helped to create.

Are those radio ads still running saying "Notaries, become a Certified Loan Signing Agent
The Royal Notary Public" and make $100k a year? Is there STILL a need for more NSAs in SoCal?

Please, cut the crap. You have yourself to blame for crappy fees and you won't get an ounce of pity from me.

Reply by 101livescan on 8/20/08 11:09am
Msg #260816

Re: Well below pay scale - Cheryl

After all is said and done, and we pass through this temporary retrofitting industry tunnel, only the fittest, the brightest, and the NICEST professionals will remain the cream on the top! I am not the NNA, only one of the more WILDLY SUCCESSFUL NSAs who still makes six figures a year no matter what kind of work is available, so look at the half full glass, not the half empty one. Things will rebound. The market is changing, the people in it will be best at what they do, and again, THE NICEST PROFESSIONALS! Not the bashers and the unkind, brutal voices on this board.

Reply by MistarellaFL on 8/20/08 11:17am
Msg #260819

THE NICEST PROFESSIONALS!

<<<The market is changing, the people in it will be best at what they do, and again, THE NICEST PROFESSIONALS! Not the bashers and the unkind, brutal voices on this board.>>>

That sounds like something that would come out of the mouth of one of my grandkids.
That may be the scenario in elementary school, but anyone who has been involved with the business world KNOWS that doesn't mirror life in big bad corporate America.
Don't I wish that all the "un-nice" people I have worked with and for, would not re-bound.
We all know business people who are face-to-face nice, and behind the client's back they are nasty.
Alas, niceness has nothing to do with business success.

Reply by Les_CO on 8/20/08 10:32am
Msg #260801

There is a lender here in the Denver area offering $50, for these apps. Says many times you just have to go pick up the docs and send them back to us. No notarizations involved.
Some have posted here that some Lenders/ Title are (or have in the past) paid $175 for this work. if that's true, either someone is making big bucks from our efforts, or the lenders have learned, and are bottom fishing, or someone is full of BS!

Reply by BrendaTx on 8/20/08 10:34am
Msg #260802

Re: Well below pay scale "or someone is full of BS!"

**Some have posted here that some Lenders/ Title are (or have in the past) paid $175 for this work.**

That would be me saying that.

Can I just say that it *IS IS IS IS TRUE*?

My network members get these for $175.

Reply by Les_CO on 8/20/08 10:43am
Msg #260808

Re: Well below pay scale "or someone is full of BS!"

Well, maybe you and/or others, I can't say.

If you say so, I'll take it as gosple.

But I'm glad to hear you guys in TX are getting what it is worth!

I'm just wondering at this vast disparity?

Reply by BrendaTx on 8/20/08 10:51am
Msg #260810

Re: Well below pay scale "or someone is full of BS!"

**I'm just wondering at this vast disparity?**

I think this is another wonderment of that special kind of lowball vendor who would rather broker under-financed services than get off of their hiney and get a job--the signing services who are so afraid to work that they will low-ball their clients with pathetic bids and come here and push their anemic agendas.

To the lenders they run off at the mouth and brag that they can get their plebes to work for nothing...$125, 100, oh, even $50. Only it back fires on them...now the lenders are saying "What the heck do we need a signing service for? Let's low ball those notaries ourselves."

Something to ponder, peeps.

I personally feed this kind of information to my fave LO and she agrees and hates the concept of the interloping lenders and SSs skimming her clients. I get feedback from her...and, oh yes...the lenders learned from the bottom feeders.

Reply by Les_CO on 8/20/08 11:29am
Msg #260823

Re: Well below pay scale "or someone is full of BS!"

Thanks!
A percetpive view....
I now get calls from Title Companies that in the past paid well (Not really, but considering.. like $125/$150) that now offer $85-$50. I say no...they keep dialing. I know Title Companies that tell SS's that they use, we've got a guy that says, he will do what you do for $50 less. So EVERYBODY is cutting everybody else. This will continue until this business is no more. We cant work at a loss even with "volume" (Just a larger loss....Duh?) Eventually in a year or so, there may be a time when NSA's are again paid enough to actually stay in business, and make a small profit? Until then it will be left to the retirees, housewives, and part timers...good luck to them/us all.

Reply by sue_pa on 8/20/08 11:21am
Msg #260820

Re: Well below pay scale "or someone is full of BS!"

...I'm just wondering at this vast disparity?...

You said for $50 you pick up and docs and return them. I've done two at $150 and that's not what I had to do. I had to print almost 200 pages and get +/- 80 of them signed by VERY uninformed applicants. They were to have quite a few docs copied and ready to return. Neither had anything copied. Neither was happy (but for different reasons) about what was going on.

Seems like a difference in the job duties are creating the difference in the pay. Sort of like so many CNSAs (or whatever they call themselves) vs. a closer and the fee differences.

Reply by sue_pa on 8/20/08 7:10pm
Msg #260884

Re: Well below pay scale "or someone is full of BS!"

I'll say you misunderstood. What kind of a ramble was that pm?

You said for $50 docs get picked up and returned. I said for $150 xxx is involved. I could care less if you believe me or not and I certainly am not going to 'prove' anything to you. The company that pays $150 for reverse applications has been discussed on this forum several times the past few months.

You're right - I am smart. I do not have an 'anonymous niche' (whatever that may be). I work for companies almost everyone on these boards have heard about. $150 is my average fee - whether or not you agree doesn't matter. I accepted an order today for $75. I've got 2 this week paying $200 each.

I have a different work modus operendai (sp?) than many who post on these boards - I attribute that (along with many other factors including good luck, hard work, brains, longevity in the business equating to many long term clients and location) to my continued ability to earn a living.

Again, "PROVE" anything to you ... I don't think so.

Reply by sue_pa on 8/20/08 7:17pm
Msg #260886

this is in reply to Les' rant n/m

Reply by Cam/CA on 8/20/08 10:35am
Msg #260803

I know I used to make $175 on these until 3 months ago n/m

Reply by snoopdogMs on 8/20/08 2:22pm
Msg #260844

My favorite company pays

$125 for the App. and $150 for the RM. I get the call for the app. and then the follow up call for the RM. Nice steady oncome and for now is the greater part of my income. Bring them on all day long!

Reply by Nomad/OR on 8/20/08 7:03pm
Msg #260880

Yep. I got 150 for doing the last part of a RM n/m

Reply by LynnNC on 8/20/08 9:47pm
Msg #260914

Message Deleted

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