Posted by LatteLady/NV on 3/12/12 4:10pm
Msg #414650

Where's the bottom?

Gosh is it just me or do you keep getting calls for signings that the price offered just keeps getting lower and lower. In the good old days, I used to get $125 for a simple re-fi. Then it went to $110 then, $100, then $90 and today I just got a call for $60. That includes e-docs and fax backs.

I used to like working for FASS. They would give me a price I was happy with and then pay me about a week later. Now that same price has to be "approved" which basically means they are calling the next notary ready to accept a low ball offer. I'm really getting sick of this.

Last week I went into my local mailing center and they said that they had gotten a phone call from a new notary that was offering free traveling for her notary jobs. Really? What a waste of her time and money. Thanks for ruining what used to be a decent business.

Reply by pat/WA on 3/12/12 6:03pm
Msg #414657

I turned down one today. They offered $70.00 for a refi, edocs, 192 pages and all docs to be faxed back.

Reply by PublicTipic on 3/12/12 6:22pm
Msg #414662

That is ridiculous. With the price of everything going up, so should our fees. I raised mine by a measly $10 per closing just to keep up with inflation. I did not get many calls the first week and now my main title companies are starting to call me again saying other notaries have been lowballed too. The people who work for the title companies, not so much the signing companies, imo, are under stress as well and they deal with notaries all day long.....

Reply by MW/VA on 3/12/12 7:41pm
Msg #414669

It may be a supply/demand issue, but gas prices are

sky-rocketing. I hope everyone continues to say no, no, no to the low fees!

Reply by Scriba/NM on 3/13/12 2:35am
Msg #414702

I agree with you - I used to work for FASS about three years ago, then they started cutting prices, interrupting my signings to see if they were finished and putting people on the phone that sounded like they were speaking Urdu instead of English. I finally told one of them that I couldn't understand a thing they were saying, and please have someone that can speak English please call me back. It just kept getting worse and worse, so I just got rid of them and my digestion has been very good ever since.

I have held my prices and I am still doing 50+ loans a month, which is where I personally like to be. The secret is quality work, checking your docs, and promptly returning the goods to the TC (or the lender). That's all it takes as they are tired of poor work from sloppy notaries.

Reply by Dianna Hanson on 3/20/12 10:21am
Msg #415460

I got their 'white glove" status while starting up in Mobile, AL and actually really enjoyed doing business with them in 2006-5-7. We moved back to Texas and I started over and got the "white glove" status, again and then the QA persons got real goofy, double edge sword with words and what not so that no matter what you said you were wrong. I really tried to work it out and even talked with a VP, but she was a real hot head. So I requested to be taken off the list. They were treating me as if the owned me, a real full-time employee rather than a independent contract. I was getting chewed out for having contracts with other companies and had to be booked with. I liked quantity of jobs, but not how I was treated.