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How do I get my name out there?
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How do I get my name out there?
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Posted by Sue Glynn on 12/9/13 3:19pm
Msg #495611

How do I get my name out there?

I am a new Loan Signing Agent since November. I have passed out my card to a few Realtor Offices I know. I have not received one phone call!! How do I get my name out there???

Reply by jba/fl on 12/9/13 3:36pm
Msg #495612

Write on walls - bathroom ones work well.

Sorry - I couldn't resist. I hope you have some humor there.

Check here on the tab above Signing Central. Go there and start signing up with the companies that have the better ratings. Read the comments that are posted about the companies to get an idea of what you are getting into (or don't want to get into). Read the thread starting with Msg #33325 and glean ideas for your needs. Then become a regular reader here - learn to use this site - there is a wealth of information available for free, but people won't do your homework for you. Learn to use the Search button - if you really come up empty handed, then ask on the forum.

Good luck - you are coming into this business at an extremely slow time with huge downturn still to come. If you have a day job, keep it.

Reply by PE on 12/9/13 3:41pm
Msg #495613

Not sure why you got into this business at this time, even the seasoned NSA with 10 years of experience has slowed down to a trickle. Over the last 6 weeks the mortgage industy has laid off over 130,000 employees. (google search ) You may not receive any calls if you do they will be from low/nopay companies that may or may not pay you. Not to ruin your day just some thoughts and I search the employment ads as my 13 years full time is up and this is not paying the bills any longer.

Reply by Sue Glynn on 12/9/13 4:31pm
Msg #495618

Thank you for the positive and helpful information! I will do my homework for sure! And from what I hear in the news, at least in California, the real estate markets are starting to pick up these days....... Now that is a positive note

Reply by Linda_H/FL on 12/9/13 4:37pm
Msg #495621

Let me suggest this to you

Click up above on "Find a Notary" - do a search in your zip code - this will give you a good idea of what competition is in your zip code alone (you can do it for 10, 20, 30, 50, 70 miles)...

Yes it's good news that the real estate market MAY be picking up - but keep in mind it's good news for the veterans who have done this for a long time - and who are your direct competition - maybe not so good for someone trying to break into the business. Right now, that's a difficult task.

Good Luck.

Reply by Luckydog on 12/9/13 4:51pm
Msg #495627

Re: Let me suggest this to you

Agree with the above suggestions...realtors however rarely, if ever, have pull or care enough to ask for you to do their closings, so that is a dead end road there. The lender has accounts with the title companies who mainly use Signing a Service for their needs. A good lender is a great connection, because they can request you to title, but you need to prove yourself before they do that. Being new right now is a tough one. Best bet is to sign up with all the SS's that have a good ratings, and don't quit your regular job.

Reply by HSH/WA on 12/9/13 6:38pm
Msg #495638

Re: If I were to start this process over right now

I would join NR because they will provide you with the email info to reach the SS/TCs. You can fish around on line for them but it will take a lot longer and lead to a lot of dead ends. Start with 5 stars and work your way back to 3 stars but no lower. I believe the NR site will show you if the SS/TCs sign in your area. It is a very slow time for loan closings, not just the time of year but the market cycle; if you can use the same energy as above somewhere else it might be better. Hope this helps.

Reply by Sherry_CA on 12/9/13 10:17pm
Msg #495653

Re: If I were to start this process over right now

Calif picking up?? Slower then slow and i am usually VERY busy. But yes stay positive and energetic Smile

Reply by John Tennant on 12/9/13 10:27pm
Msg #495654

Re: If I were to start this process over right now

I would not go below 4 stars. I recently checked out all of the 3.5 star companies, including the comments on the search button, and found less than 15 that I considered safe to work for. Unless you have the time to do the same research, just carefully go with 4 star and above. JMHO

Reply by 101livescan on 12/10/13 7:39am
Msg #495660

Riverside county was hit very hard by foreclosures, as was the entire Inland Empire. If there is sign of life out their, that's a good thing. Your area is pretty saturated with competition, however, with a lot of established rock star NSA's who've been in the business for quite a while.

It's not the best time to jump into this business. It will never be the same as it was the last five years up until July. Last December I was signing 10 to 12 loans a day, rapid fire. I'm doing 3-4 a day now. It's doable, saner, and I'm not just sitting in one place, I'm all over the county and not always in an eight hour day.

Don't quit your day job! Then, network, network, network. The good thing about the way the business is now is that a lot of novices will fall by the wayside. After going to all the trouble to become commissioned and "certified", the business is just not there any more.

Reply by CJ on 12/10/13 10:23am
Msg #495668

I have been doing this full time for 13 years.

My name is in over 100 companies. I am under the impression that I am in such good standing that a lot of them call me first. However, lending interest rates have gone up, and home-owners do not want to refinance to a higher rate. I used to do 2-3 a day, but sometimes 7-9 a day. Now I do one every three days. I used to tell my husband that I was making so much money, maybe he should just quit his job and stay home. Now we are dependent on his income which it not quite enough. After Christmas, I am going to the employment agency.

Reply by Sue Glynn on 12/10/13 12:05pm
Msg #495693

Re: I have been doing this full time for 13 years.

Thank you

Reply by JJNotary/CA on 12/10/13 11:32am
Msg #495688

My father was a real estate agent for 40 years, I grew up running through empty houses on Sundays, while he showed people around. And it seems to me that CA goes through very dramatic highs and lows. The mid-1980s were amazing, with no end in sight, and then the quakes happened, and more people moved OUT of CA than IN for easily 6 years. And then there was another boom, and then another drop, and so it goes. Don't get me wrong, this one is bad, I'm just saying that for whatever reason - Hollywood, Silicon Valley, or maybe just our weather - it always seems to comes back.

But when it's down, there's no speeding things up. There's just waiting.

I'm no expert, just my 2 cents.

Reply by Sue Glynn on 12/10/13 12:06pm
Msg #495694

Thank you. I appreciate your 2 cents!


 
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