FASS has sent their scheduling offshore a while ago.. they just dont let those people talk with customers direct...yet, only notaries for now. Glad to see the boards is up to date.
Brian, LSI, is asking this board his question because he needs to get to the lowest cost possible for communication to contact/hire a qualified notary. He already has thousands of qualified notaries that work at his fees, covering the entire nation, in his database. Any signing company has this already.
The end game is the service that will prequalify bidders (notaries), and notify each individual bidder via email, text page, and voicebroadcast that there is an auction going on in their service area for a particular closing, with a full description of such closing. It might have a lowball "buy now" price of say $40, which will be up to the customer to decide. If you dont want it at that price, you could bid say $45 or $60 or whatever. If it doesnt get "bought now" the lowest prequalified bidder will win the auction for that closing. The reverse auctioned clsoing.
Make mistakes..get complaints..your no longer a "qualified bidder" and removed as such. Everyone will be under the full ranking system. I'd like to see past borrower feedback about each notary also...if I were a potential customer of this service.
This would drive down every cost associated with a closing and be the most effective way to scale the model to 100,000 closings per month. They might even have the "oversight and service" managers of the actual site based offshore....now that I think about it. The site might even charge a "qualification" fee...monthly? annual? to the bidder/notary.
Tell me why the other hundred thousand notaries clamoring for work wont like this idea, especially if it's free, or tell me why Countrywide / BofA, won't like the fact it would shave at least 40% off their singing/closing expenses.
HDD |
