This is exactly why you never start out with low fees and think you can raise them later on. Nope, now this notary is stuck not being paid at all, and do you know how many closings it took her at $85.00 each to come to $10K?
approx. 118 closings. If she took the $100.00 (Extra $15.00 x 118) closing she would have banked an additional $1,770.00!
Another thing she did wrong was not getting tough right away. At 31 days after that closing, you send a nice and friendly "reminder" email...
At 38 days, you send out the collection letter in an attempt to collect a debt and list names, numbers, and emails of those you intend to contact in efforts to collect this debt. within 72 hours or whatever you want, your methods of payment and stick to it. Short, to the point, and business-like. If you need examples on how to do these, plenty online. Less is more, and do not make it personal.
You let this go way too long, good luck, but I think you may be writing this off to a learning experience.
He also doesn't care about your reviews or idle threats after 1 year, you need to get him where it hurts, his title companies he is in business with. At this time, the title company doesn't care about something long gone and forgotten about either.
It's okay, we all learn the hard way sometimes. |
