Posted by Linda_H/FL on 6/9/11 2:29pm
Msg #385697

You know you're staying home when

the opening line of the phone call contains the words "buyer side only for a client that gives us volume"..

Ugh

Reply by SueW/Tn on 6/9/11 5:11pm
Msg #385713

OR.....

You get a call for a closing, refi, THREE COPIES, 60 miles one way....$90!

Reply by Linda_H/FL on 6/9/11 5:21pm
Msg #385714

This was 40-45 miles one way...$100...purchase at a

realtor's office - he claimed no faxbacks but I don't believe it...

Reply by LKT/CA on 6/9/11 6:40pm
Msg #385720

Re: This was 40-45 miles one way...$100...purchase at a

A fee schedule faxed/emailed to the hiring party trumps whatever he *claims*.

Reply by Linda_H/FL on 6/9/11 6:53pm
Msg #385722

Maybe I wasn't clear enough...

It was a purchase and he said there were no faxbacks - that's what I didn't believe...IME there's *always* faxbacks with a purchase.

Reply by LKT/CA on 6/9/11 7:58pm
Msg #385730

You were clear.....

I understood you to mean even though he said there were no faxbacks, there probably were because it was a purchase and purchases fund immediately. He probably figured he could refrain from mentioning faxbacks, request them "after the fact" and demand that the agreed upon fee (without the mention of faxbacks) is all his company will pay - no additional compensation for the faxbacks he kept from mentioning.

You probably know what I meant but for others who don't know my position on sending a fee schedule, by informing the caller you are sending a fee schedule, then emailing and faxing it, you are putting him/her on notice that your loan signing fee is based on the actual loan signing job, not necessarily on the discussion. In the discussion, the scheduler may describe the job as a single refi - about 100 pages, no fax backs, 10 miles from your office - so you quote a fee based on the caller's job description. Then, you receive the edocs and the job is completely different than what was described - i.e. reverse mortgage, 180 pages, full package fax backs, call for approval before shipping, 85 miles one way. No way will the fee you quoted for the job described yield any profit from the TRUE job received. A fee schedule stops the lies, trickery, and withholding of info bestowed upon the NSA.

When my intuition tells me a general notary job will be a PITA (based on my conversation with caller), I'm usually on spot. So I suppose if I had the slightest suspicion that I was being lied to or info was deliberately being withheld from a loan signing scheduler, I'd stay home based on my suspicion.

Reply by Bob_Chicago on 6/10/11 2:43pm
Msg #385801

Maybe I look a things in a different way, but it seems that

you are saying that you would turn down a job that you would otherwise accept, because
you thought that there was a CHANCE that you might have to unexpectantly fax some dox, and that you
MIGHT not be paid for the additonal time involved to fax. To each their own, but makes no sense to me.
Admittedly, I own a high speed, scanning fax and live a few minutes from drop locations for FEDEX and UPS.

Reply by Linda_H/FL on 6/10/11 5:01pm
Msg #385829

No Bob...that wasn't the situation at all...it was the whole

picture and all things considered - actually the faxbacks weren't an issue for me - the closing was to be at a realtor's office, so I'd have made sure the realtor would accommodate me for the faxing.

Reply by LKT/CA on 6/10/11 5:12pm
Msg #385833

Re: Maybe I look a things in a different way, but it seems that

<<<you are saying that you would turn down a job that you would otherwise accept, because
you thought that there was a CHANCE that you might have to unexpectantly fax some dox, and that you
MIGHT not be paid for the additonal time involved to fax.>>>

NO....that is not what I'm saying. First, nothing would be "unexpected" on my end as I would ask lots of questions and the scheduler would receive my fee schedule. It won't matter what the scheduler *doesn't* mention.....my fee schedule will *mention* all variables (i.e. extended travel, size of package, type of signing, faxbacks, etc.).

What I meant was if I have any indication that a scheduler would operate unethically and dishonestly (by deliberately withholding info such as faxbacks or extended travel distance with the intention of getting me to agree to a fee that is LESS than the fee would be had they mentioned faxbacks or extended travel distance, then I wouldn't want to align myself with a dishonestly operating company who purposely deceives SAs so they don't have to pay for extra requirements.

Reply by dickb/wi on 6/9/11 8:32pm
Msg #385735

Re: Maybe I wasn't clear enough...

like in a table funding state such as wi and fl......they need to see them to fund..

Reply by MW/VA on 6/9/11 9:11pm
Msg #385741

Re: Maybe I wasn't clear enough...

I've had a few REO purchases where there were no faxbacks. They wouldn't fund until they had the actual docs in hand, sometimes from Friday to Monday.

Reply by jba/fl on 6/10/11 12:19am
Msg #385751

I also have had those. n/m

Reply by Linda_H/FL on 6/10/11 6:56am
Msg #385757

Okay...I'll stand corrected....this *was* and REO

But in my 5 years of signings in FL, I've never had a purchase, REO or otherwise, that did not require faxbacks...

Reply by HrdwrkrVA on 6/10/11 3:57pm
Msg #385812

You know you're staying home when they say"could you help us

out". They might want to call their local Red Cross... BTW, I had a purchase today - no faxbacks!