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Re: Must be the autumn of our business when fees take huge falls
Posted by  JanetK_CA of CA on 9/27/23 7:22pm Msg #646864
First of all, good for you for saying no to that ridiculous offer, although I imagine that was a pretty easy decision. Wink

Unfortunately, I think this is an extremely difficult time to try to make this a full time business, especially if you've recently relocated. Things picked up a bit over the summer, but I've already seen them slow down again, now that schools are back in session. I suspect it will be years before the cycle reverses and volume picks up again. Interest rates have a huge impact on what happens in our field, as well as inventory on the market. Take a look at past history and you'll be able to get a bit of an idea of how long these cycles take. It's closer to decades than single years - and certainly not months.

Most of my notary work these days is GNW, a lot of it from established clients and/or people I once helped with a RE related transaction. If I wasn't semi-retired, diversified, and debt-free, I'd probably be looking for something else right now myself.
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Messages in this Thread
 Must be the autumn of our business when fees take huge falls -  Cheryl Elliott on 9/22/23 2:16pm
 Re: Must be the autumn of our business when fees take huge falls - Mills Mobile Notary Service on 9/22/23 2:55pm
 Seems they have a strategy: lowball & watch counters - Lee/AR on 9/22/23 7:26pm
 Couldn't agree more! -  JanetK_CA on 9/22/23 10:03pm
 Idiot strategy on both ends - Lee/AR on 9/23/23 4:41am
 Re: Couldn -  Mike Goodey on 9/23/23 11:28pm
 I hear you Cheryl -  Ilene C. Seidel on 9/26/23 6:17am
 Re: I hear you Cheryl - SteveS/CA on 9/27/23 1:56am
 Worse is that all co's that you worked 9-5 job are oob - Lee/AR on 9/27/23 6:43am
 Re: Worse is that all co -  JanetK_CA on 9/27/23 6:00pm
 Re: Must be the autumn of our business when fees take huge falls - Maryline David on 9/27/23 4:56pm
 Re: Must be the autumn of our business when fees take huge falls -  JanetK_CA on 9/27/23 7:22pm
 Sold R.E. 1973-1999. 10 yr. cycle. Int. Rate 8%-16% - Lee/AR on 9/28/23 3:04am
 Re: Sold R.E. 1973-1999. 10 yr. cycle. Int. Rate 8%-16% - SteveS/CA on 9/28/23 8:59am
 Re: Must be the autumn of our business when fees take huge falls - Tammy Nguyen on 9/28/23 5:00pm



 
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