Don't take whatever measly fee the hiring party says they're paying ... regardless of whether it's a SS or a TC.
I frequently work with a SS who starts by offering $75 for a full signing (purchase, seller, HELOC, etc.). They offer $50 for a one (1) document assignment. That $75 just doesn't work for me. I always quote them my fee after asking all the pertinent questions. My base fee is $XXX and I add $25 for each additional service request -- Spanish, scan backs, weekends, etc. -- and more than 15 miles away from me requires more. I'm willing to travel if they're willing to pay my fee.
This same SS used to get $200 per closing. This year, they're getting $250. Apparently, TCs are willing to pay for the service.
Don't short yourself.
|