Posted by Newjersey on 12/1/09 3:30pm
Msg #312651

Going Rates

I haven't done a closing since having my son, I don't see any of the old timers here any more. Does any one have any clue of the going rates for Signing agencies and title companies at the moment?

Reply by Jess/CT on 12/1/09 3:35pm
Msg #312653

Probably less than it was before!

Reply by John_NorCal on 12/1/09 3:42pm
Msg #312654

**I don't see any of the old timers here any more.**

Quite a few of us left here! There are a lot of newbies now but old timers abound. As for rates, they are definitely lower than before. But that's because people accept them.

Reply by Roger_OH on 12/1/09 3:54pm
Msg #312657

Old-timer suggestion...

If you intend to re-enter the field, you'll need to update your NotRot profile that is 3.5 years old. Also, you don't "except" docs, you "accept" them.

Reply by GA/Atty on 12/1/09 6:25pm
Msg #312670

$130 n/m

Reply by mwm143 on 12/1/09 7:05pm
Msg #312680

What happened to the raise you gave us last week? lol n/m

Reply by Linda_H/FL on 12/1/09 7:30pm
Msg #312684

Heh..the recession..:) n/m

Reply by Todd/OH on 12/1/09 6:39pm
Msg #312672

Times have changed -

Closing packages are bigger, pay windows are longer and rubber checks are more frequent. Many very good notaries have left for full time jobs.

Reply by Charles_Ca on 12/1/09 7:05pm
Msg #312681

Re: Going Rates - Going, going, gone...

Straight down hill. it's a good time to have a backup plan. Seem like mostly oldtimers replied ;-)

Reply by MistarellaFL on 12/2/09 8:01am
Msg #312723

You might want to update your profile

Last time it was updated was 2006.

Reply by Linda_H/FL on 12/2/09 8:14am
Msg #312724

Re: Going Rates...Jo-sette

You don't say how long you've been "out of the business" - is your son one year old? seven? ten?

A lot may have changed since you did signings (gas prices, paper and toner prices, the sheer SIZE of the closing packages now, traffic volume in your area <therefore time on the road> or nothing changed if it's only been a short time. What determines YOUR fee (and NOT the going rate) is how much it's going to cost you to get the job done and make a profit..If you have enough notaries/SA's in your area, their idea of the "going rate" may be $75, which may or may not be profitable for YOU....I know it wouldn't be for me...

It's your call...

My .02 FWIW