This downturn is different BECAUSE we are competing with RON now, and an uncertain economy and future. Not only have loans dropped off the radar, but when they do come back, it could be a whole new ball game.
Time and technology march on, whereas in the past, we bounced back as we were doing them traditionally. There is no way you will be making the same or more money doing RON closings and will have a substantial investment to get it going. then we compete with just about every state's notary pool out there for a closing / notarization happening anywhere. You think you have to be fast now to catch a closing...
You also have to consider we have newbies at probably 1000+ a month entering our occupation driving fees offered lower and lower based on bad information and YouTube influencers who are the only ones making the money.
Like GB said, unless it's a hobby to socialize and money is not the objective, it's going to be really tough to sustain a living at this now and in the future. It is true, many decent jobs out there if you have skills, but for many of us, we have aged out to start over and compete with the younger crowd now or even want to. The thought alone is nerve-wracking. Even the basic entry level skill office or bank positions require to be proficient in Excel, all Microsoft Word, Outlook, type 35 WPM...which is difficult.
It's really sad to see the state of what we are in now. you can market all you want, but if there is no business, there is no business. |
