Posted by Calnotary on 6/22/10 11:31am
Msg #341862

Bancserv

Some one will say "why bother signing up with them".

Is it really worth it to bother and fill out all their requirements just to get 75.00 edoc signings. Or do they pay more than that? I just did their online test and got 100%, but like someone here said you past only till you take their 50.00 dollar signings.

My question to you here is: Is this a SS just for the newbies?


Any comments will be appreciated.

Thanks.

Reply by Lee/AR on 6/22/10 12:04pm
Msg #341870

I am doing one tomorrow for them for $175. Stick to your fees; you may be pleasantly surprised. Do they always meet my fee? No. But, at those times, I'm not the nut taking the loss either.

Reply by Glenn Strickler on 6/22/10 12:14pm
Msg #341876

Every time they have called me it's been a low-ball fee. There are still a lot of active notaries in my area that will work for those fees, whereas in other areas, there is not the glut of notaries. Just a theory.

Reply by Lee/AR on 6/22/10 12:21pm
Msg #341878

This is true, Glenn, but I'm a great believer in the law of diminishing returns. Eventually those taking the low offers will realize how dumb it is and either get smart or get out. Granted, with some it will take longer than others.

Reply by bagger on 6/22/10 2:01pm
Msg #341912

I agree with Lee 100%. Those accepting low ball fees will either go belly up or get smart. The problem is, it will be hard to raise their fees to existing clients.

Reply by JanetK_CA on 6/22/10 3:49pm
Msg #341947

The other problem is that some organizations are still churning out new NSAs faster than they are quitting in some areas. We just have to decide who we want to market to: the Walmarts or the Nordstroms (or whatever...) It seems that Banserv wants to be a Walmart for signing agents.

Reply by Calnotary on 6/22/10 12:37pm
Msg #341882

Where did you get your BGC Glenn since they need one.

Reply by Marian_in_CA on 6/22/10 1:00pm
Msg #341889

The State of California? n/m

Reply by Calnotary on 6/22/10 1:26pm
Msg #341893

CA? I really thought was from the DOJ

Reply by Marian_in_CA on 6/22/10 1:37pm
Msg #341897

The DOJ... meaning the CA DOJ and the FBI. CA required clearance through BOTH organizations.