Posted by Heather/NH on 9/26/11 7:40pm
Msg #398782

NREIS.. again.

Just got a call from them for a signing NOW... 1 hour away. They fee was a crazy high fee. I agreed but told him that I was nervous because of past payment issues. The man assured me that all issues have been resolved because they have been bought out by a great company... So, I told him that I accept but was going to check out a few notary websites first.
Of course I came right to SC and saw that they are still having issues. I understand that they are paying but very late.
I am so afraid that they will just start not paying therefor I decided that it wasn't worth it. I do not want to waste my gas, time, toner and everything else.
Now I am doubting that decision a bit, even if late, the money would have been nice.

What is everyone else doing regarding them?

Reply by CopperheadVA on 9/26/11 8:20pm
Msg #398784

If it were me, I would not take this closing. I learned a long time ago to trust the ratings and reviews in SC, and I also learned the hard way that those last minute, emergency closings are always a total PITA and the hardest to collect on. Now, I just say no.

Reply by Lee/AR on 9/26/11 8:25pm
Msg #398787

Been turning 'em down since late last year but took one in mid-July because he said 'all the issues have been resolved and we're paying at 40-45 days'. SC had a couple of then-current 2-3 stars, so... I took ONE. Just today got the check, but had to call several times. Not doing any more; don't care what they say. Think you did right. Seems they're still circling the bowl.

Word of advice: call 'em like you see 'em and never second-guess your decision...just move on.

Reply by HisHughness on 9/26/11 8:43pm
Msg #398792

Often the very magnitude of the fee...

...is a reason to put you back at the very end of the line for payment. And occasionally, you'll run across the refusal to pay on the grounds that the company just doesn't pay fees that large.

Reply by Claudine Osborne on 9/26/11 9:29pm
Msg #398796

Re: Often the very magnitude of the fee...

I was trying to collect from them for a closing back from May. When I started inquiring I said gee how about looking into this one too..That was done June 15. I got paid for both of them at the end of June..I was shocked.

I have not and will not accept anymore from them. Just too risky and not worth the hassle..

Reply by Lee/AR on 9/26/11 10:39pm
Msg #398802

Just a thought...due to recent posts

high fee or magnitude of same, given NotarySigners recent post on the same topic,
is subjective.

Reply by BossLadyMD on 9/27/11 7:29am
Msg #398809

I stopped working for them 2 yrs ago for this same reason n/m

Reply by Linda_H/FL on 9/27/11 7:32am
Msg #398812

"a signing NOW... 1 hour away. They fee was a crazy high fee"

Keeping in mind many companies will promise you anything to get the loans signed on EOM day, or any day for that matter. Promises are free...

Reply by Pedro Perez on 9/27/11 8:39am
Msg #398823

Definitely agree, something is better than nothing,and is a chance we take everytime we do a signing go for it just make sure your on them about the pymnt if it takes too long....

Reply by Lee/AR on 9/27/11 9:11am
Msg #398826

Gotta love it---not! n/m

Reply by bagger on 9/27/11 10:00am
Msg #398833

Hate to be facetious here, but
Working for less than your expenses, and working for people who do not pay you is NOT the formula for running a succesful business.
There are customers that any business just don't want.
Identify them and never work for them.

Reply by Linda_H/FL on 9/27/11 10:08am
Msg #398835

No..."something" is not always better than "nothing"

especially is that "something" forces you to take a loss and end up paying *into* the job you're doing for them. If the job does not make you a profit, then IMO it's NOT better than nothing.

It's this "something is better than nothing" attitude that has killed the fees we so rightly deserve.

JMO

Reply by Notarysigner on 9/27/11 10:10am
Msg #398836

you are absolutely correct and that is

what people are not understanding. IMO

Reply by Lee/AR on 9/27/11 11:51am
Msg #398859

In the immortal words of Ron White...

you can't fix stupid AND stupid is forever. Rest my case.

Reply by Daniel Stephens on 10/18/11 3:17pm
Msg #400877

Yes, NREIS was purchased by LSI. They are supposed to be improving their payments, but as of yet at least with me running 120 days which is not acceptable. I started dinging them another 10-15 dollars per signing. I told them that it is due to late payments. When they get back to the 30 day column I would adjust my fee. LSI pays usually with in 15-30 days consistently. (My experience) and since they are the parent company now I would expect them to do the same at NREIS but it has been months and they have yet to get it right. I get a lot of calls from them, so in my area many must have stopped taking their assignments. LSI though has been working hard at dropping rates to NSA's while raising their fees to Title. Go figure. Must be their expenses have gone up and ours have gone down. Thank God for OBAMAMICS where would we be without it?

Reply by HisHughness on 10/18/11 3:44pm
Msg #400878

***Thank God for OBAMAMICS where would we be without it?***

This does not belong here. It belongs in Just Politics.

But you knew that, didn't you? Like the other conservatives who insist upon posting partisan polemics here, you do not believe that the rules apply to you.

Has anyone ever seen a progressive DELIBERATELY post anything politically partisan here or in Leisure? No? Didn't think so; it's only the conservatives who think they can post such messages here.