That's why they call it a "hobby". They don't care if they lose money. The smart ones have a pension, 401(k), IRA's, social security, Employee Stock Purchase plans, investment income, savings, etc. Full time notaries have nothing.
I left the loan signing business 4+ years ago ( with the exception of Amrock) to do GNW full time, which is much more profitable. I found loan signing work to be demeaning, low pay, no respect, print docs, travel, drop the docs, change toner rinse and repeat.
I never participated in the refi boom of the past 2 1/2 years. I could have cared less. I don't know many full time notaries who can afford to "eat steak" as you say. Wake up. This is a very low pay industry. This summer, 16-year old lifeguards will earn more money than loan signing agents. Wake up and get a real job with real benefits. Then you will be able to enjoy a steak. There are plenty of legitimate good paying jobs out there. Just open your eyes. There's a whole new world out side of loan signings. |