This is for new people on this board. You can go to Signing Central and sort the companies by star rating. The companies with 3.5 to 5 stars are the only companies any of us should be working for.
Three star are a huge gamble. Two, one and less, don't even go there. Some of these companies aren't even around any more, but listed just in case they rise from their graves!
You never know when they will resurrect themselves. Hopefully they've moved on to their original gigs, whatever those were.
Now, if you can just remember not to accept work from the 1-3 star companies. There are so many, how do you track them all.
What do you think of the policy of asking them, how many stars do you have on NR, and that just might be illuminating. Otherwise you gotta have a pretty good memory to recall all the companies out there which do not pay, never intend to pay, and outright out fox new notaries.
I had a call from Firma Signing Solutions yesterday. My first clue I shouldn't take the assignment: Low fee, $75 for edocs. I immediately informed the scheduler that is too little compensation for the scope of work, only half of what I normally get for signings. She hung up.
Got back to my smartphone and browsed them on NR: 2-star company! Shoulda known, right?
These companies have negotiated low fees with their clients to get the work, but then keep most of fee for themslves and try to get notaries to work for peanuts. As you know, some of them never pay up, or deduct partial fees if you make one misstep.
It's just that simple. Hope this helps you all in strategizing about your business model and how to stay in business by getting the better paying job$.
How an awesome day. Heading out for four closings this morning, then wine tasting fund raising at the SB Harbor this afternoon. At last, it's cooler here on the central coast.
