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Reminder: Don't leave money on the table
Posted by  Yoli/CA of CA on 8/24/24 10:33am Msg #649117
I know most seasoned NSAs already know this, but just a friendly reminder. For the newbies, something new to put into action.

DON'T LEAVE MONEY ON THE TABLE!

A few days ago, I had a call from a new-to-me escrow company for a purchase signing for 8/23rd. No special instructions -- no scan backs, no Spanish required, only 2 signers, signing was only 20 minutes away, package was 130 pages and was ready, I schedule time and location with signers.

My response: Yes, I can accommodate. What fee are you prepared to pay? Her response: Let me see ... I have $350. My response: That works! Smile

We just have to remember that escrow/title companies usually already have a set amount dedicated for the notary fee. So, instead of asking all pertinent questions and then quoting our fee, we should ask the pertinent questions and ask what they are prepared to pay.

When dealing with a signing service, we just have to remember that signing service is probably getting that higher fee (anywhere from $200 to $350 or more) and offering piddling fees to the NSA that's doing the actual work. Do the math. That SS is getting $350 and offering you $50 for a full package with scan backs! Does that make sense?? ;(




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Messages in this Thread
 Reminder: Don't leave money on the table -  Yoli/CA on 8/24/24 10:33am
 Don't see that when TC uses SS thru any platform - Lee/AR on 8/24/24 1:34pm
 Re: Don -  JanetK_CA on 8/24/24 4:42pm
 Totally agree. Wisdom spoken from the seasoned Professionals n/m - Alz on 8/24/24 5:25pm
 Re: Reminder: Don -  Cheryl Elliott on 8/24/24 7:24pm
 Re: Reminder: Don't leave money on the table - SteveS/CA on 8/25/24 11:12am



 
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