Posted by Mdene_AZ on 1/16/09 12:05pm
Msg #274698

Such low fees

are being offered to me now. $40 for overnite, $60 for edocs. Anyone else experiencing this?

Reply by Sir_Lawrence on 1/16/09 12:14pm
Msg #274700

Only from Nations Direct. They pay $60 and want damn near the entire pkg faxed back to them. I did one closing for them right near me, didn't fax anything and refused anymore of their business. I really hate telling any company not to call me, but it's not worth it. I don't mind $90-$115 if it's close by, but I try not to drop below $125. Now small cash transactions are OK for $60-$75. Good luck dear, I know it's tough.

Reply by cdoty_IL on 1/16/09 12:14pm
Msg #274701

That is a new low fee offer for me. What company is this, if you mind telling?

Reply by Mdene_AZ on 1/16/09 12:30pm
Msg #274703

Nations Direct

Reply by MW/VA on 1/16/09 12:32pm
Msg #274705

And I hope you're not accepting this.

Reply by Mdene_AZ on 1/16/09 12:36pm
Msg #274707

No, I did not...

Reply by Kevin/Ct on 1/16/09 12:33pm
Msg #274706

The entire industry seems to be at a stand still. Mortgage rates just dropped below 5% ...that is if you can get a lender to lend. It makes no sense to accept substandard fees. If you accept the lower fee you will have difficulty getting a higher fee during the later recovery. The signing services seem to be using the current economic down turn as an excuse to pay lower fees. I will not accept them.

Reply by Mdene_AZ on 1/16/09 12:39pm
Msg #274708

No, I did not accept them. I have a rate that I have been going by for about 3 years. I see no reason to lower them.

Reply by Alice/MD on 1/16/09 12:44pm
Msg #274709

I refused to lower my fee . I did not increase my fee when gas prices went through the roof. I will not lower my fee now, just because gas prices are lower. It will all balance out.

Reply by Calnotary on 1/16/09 1:14pm
Msg #274715

Exactamente! Alice, One Ss that I do a lot of business told me the other day that the gas prices are low right now and if I can do it for a little lower too. I promptly responded that she never raised my price when I was paying 4.29 a gallon!

Reply by Cari on 1/16/09 1:37pm
Msg #274725

there you go Calnotary - excellent point! n/m

Reply by MW/VA on 1/16/09 3:05pm
Msg #274762

This statement may be true for many parts of the country, but I'm still getting my regular fees.
My business approach was never to cater to the "low-ballers" in the first place. I used to get $150 regularly from tc's, and now most will pay $125. I can handle that adjustment. Try to remember that there are some notaries out there that are probably only worth $40-$50 for the kind of work they do. Remember, we do establish fees by what we are willing to accept.

Reply by LindaP/OH on 1/16/09 1:42pm
Msg #274727

Why someone would choose to work for these people-Nations Direct-is beyond me--THEY DO NOT PAY!!!--a simple search here would expose their practices. It wouldn't matter what they AGREED to pay, they just wouldn't pay. They are in the same league as Sox-DON'T WORK FOR THEM!!!! DO A SEARCH!!!!

Reply by GA/Atty on 1/16/09 1:50pm
Msg #274733

I have never been stiffed by them. They pay me regularly. n/m

Reply by GA/Atty on 1/16/09 1:52pm
Msg #274734

And the comments do not say that they don't pay. n/m

Reply by TERRI L. KENNEDY on 1/16/09 2:08pm
Msg #274741

Nations Direct was $50.00....has lied for 6 years!

About 6 years ago.....Nations Direct used to pay $50.00 a closing then they sent out an email stating they were financially strapped for money and that the closing fees would be lowered to $40.00.......just for a short time.....until they got their feet back on the ground! Well that was 6 years ago and the rate has still remained at $40.00. Nations Durect would rather hire extra employees at the California location to check up on newbie notaries and their document.....than pay the experienced notary a decent closing fee. The HASSEL of endless phone calls and fax backs that Nation Direct puts you through is NOT worth the headaches and peanuts they pay and beside ALL that they have lied for 6 years about the closing fees returning to the original $50.00. Most notaries that I know......laugh at Nations Direct when they call......I politely state, before they get in a word....."Hello, I don't do $40.00 dollar closings!"

Reply by GA/Atty on 1/16/09 2:19pm
Msg #274742

That's all fine - just saying they do pay as agreed. n/m

Reply by LindaP/OH on 1/16/09 2:52pm
Msg #274755

Re: That's all fine - just saying they do pay as agreed.

I'm happy that they pay YOU--do a search!!! They didn't pay me and many others!! Do a search!!

Reply by GA/Atty on 1/16/09 2:58pm
Msg #274758

I looked at comments in Signing Central only n/m

Reply by MonicaFL on 1/16/09 4:18pm
Msg #274771

I received an e-mail from a signing service stating they needed a notary in my area to close a reverse mortgage for them. Their fee - $100.00 w/edocs. I told them that i would consider the assignment but only if they accepted my set fee. Quess what - they say, no, not interested. And, what is suprising is that I have worked for this company before and they always met my fee. I guess they don't think there is too much to do as far as a reverse mortgage goes - hello - there are about 50% more pages and if the loan officer is there, it is about a two hour closing and if he/she isn't there and they don't understand, then it is still at least a 2 hour closing because they are on the phone with the L/O trying to make heads or tails of what was told them. I guess I just don't get it.

Reply by Ireneky on 1/16/09 5:02pm
Msg #274784

GA/Atty do you own this Nations Direct . Never worked for then but glad I'm now in the Know about them

Reply by GA/Atty on 1/16/09 5:10pm
Msg #274786

Of course not - but if you read the comments in Signing

Central, you will see that they do not say they are a no-pay company.

That's all I am pointing out.

Reply by EB/TX on 1/16/09 8:15pm
Msg #274808

Re: Of course not - but if you read the comments in Signing

I've received several calls for my area this week and i'm still waiting for them to get my fees approved (glad I wasn't holding my breath). Please Please SA's in my area stop letting them lowball us like this!!!