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January 7, 2020

A Notary in Nevada made $10,000 in one month in 2019?

Filed under: Marketing Articles — admin @ 9:22 am

Yes, it is possible to make money as a Notary in 2019. Our other
articles about successful Notaries were mostly from 2013 or before as
business was not fast from 2014 until mid 2019. But, this Notary did
90 signings and made $10,000 in a single month. And yes, her primary
advertising is on 123notary.

She is full of energy and enthusiasm. She had eighteen months
experience, so she was not seasoned by any standards. Additionally,
she did not drive more than 20 miles in any direction. She got roughly
half of the work from 123notary too.

It is always refreshing to learn about a new notary who is doing well
in 2019 as it was very slow for so long. Most of the Notaries who make
the big money have years and years of experience. So, how can newer
Notaries do well? Being very businesslike, answering the phone,
maintaining your listing information, getting reviews, and advertising
with a high spot on 123notary.

I hope to hear more stories like this.

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November 18, 2019

Notary vacation — hiring the wrong helper

Filed under: Marketing Articles — admin @ 5:49 am

Do you like going on vacation? Can you afford to? That is because you have regular customers. How much of a vacation could you afford without those customers other than camping at KOA?

Many Notaries like to go on vacation. Smart ones have back ups that are tried and true. But, dumb ones ruin their reputation farming their work out to people who miss appointments, screw up loans or cause other types of problems.

So, how do you figure out who is a safe person to use as a back up? Perhaps you need to try them out on a few jobs before you go off into the wild. See if they are dependable. See if they even accept jobs. See if they leave you high and dry or start arguing with you and everyone else.

When you hire people, there is so much that can go wrong. Expect this, and try to develop a small pool of people who are fairly reliable. It is like having a small signing service. Otherwise, don’t have a back up or helper. Just tell them that you are not available while you are away and they can use their regular folks.

One more thing to consider is that your regular clients might develop new loves while you are away, and since you have no commitment, it isn’t adultery either. You might lose many of your best clients if you go away regularly because they want you if they want you and they will develop new habits while you are gone. If they are forced to try someone new while you are in Orlando, and that someone new does the job better than you or has a prettier voice — you will not get called again until pretty voice is busy. So, don’t take your clients for granted!

You might also like:

How to lose half your clients while on vacation
http://blog.123notary.com/?p=596

If you were hiring a notary, what would you look for?
http://blog.123notary.com/?p=16750

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November 12, 2019

123notary trained her and now she is getting jobs off the hook

Filed under: Marketing Articles — admin @ 5:29 am

It all started when someone signed up for a listing many months ago. I talked to her on the phone and the phone call lasted for seven hours she was so interesting. I gave her lots of tips, and she read my blog tutorials on Notary work. When she took my new and more difficult quiz, she got 84% while the others averaged about 35-40%. My new quiz
has many following directions, handling situations and tough notary questions which most people just cannot handle.

The last time I called this lady, she said, “I can’t talk, I’m at a signing. The listing is really working out well.” Then we talked later on that evening and she said she had been getting a lot of work. Something like eighty signings in the last two months which is amazing for someone brand new with no experience.

So, this is an example of someone who listens to our advice, studies hard, and puts attention into their listing. The result is success and happiness!

You might also like:

He took Jeremy’s advice and got new title companies
http://blog.123notary.com/?p=22277

What is the secret to Carmen’s success?
http://blog.123notary.com/?p=20059

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October 11, 2019

A notary writes — I would not cross the street for $60

Filed under: Marketing Articles — admin @ 11:24 pm

I apologize for my lack of information. But, in the Notary profession, nothing costs $6. Perhaps that was the extra fee for eDocuments, but that is what a Sprite costs at the Improv where I met that cool 62 year old guy who looks 45 who rides a cool motorcycle and lived in China before — so charismatic! I was impressed by him and let him know. The Sprite, not so impressive though.

In any case, one Notary wrote a response to a blog article — I would not cross the street for $6. My commentary is: What if it were a very narrow street. In that case I might cross it for only $3. And what if I were already on the side of that street when offered the $6. It would be no big deal, especially if I got paid for a return trip so I don’t go back with an “empty load” as the truckers say.

When considering fees for tasks, please consider the whole package and see if is the best use of your time. If you are offered $60 for a job, the expenses are $11.50 and the next best thing you can do with your time is clean your attic, then compare the intrinsic value of those two activities.

You might also like:

Five things a notary can do worth $1000 per minute
http://blog.123notary.com/?p=20521

$30 loan signings, is it worth it under any circumstance?
http://blog.123notary.com/?p=10456

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October 1, 2019

Getting paid – a comprehensive timeline

Filed under: Marketing Articles — admin @ 11:17 pm

Many Notaries have a problem getting paid. It’s not you — it’s the industry. But, by using good principles, you can avoid most of the drama. Here are some guidelines to help you through every step of the process.

BEFORE THE SIGNING
When you get that call from a particular company, you need to either have records on each company out there, or be able to look them up. That means you either need online records on a cloud, or accessible from your iPhone, or have a cheat sheet in your glove compartment with up to date records on all signing companies. You need to keep track of:

1. How many jobs have they given you
2. Payment record — average # of days to pay
3. How much outstanding
4. Are they pleasant to work for
5. Cancellation rate.
6. What is their track record on the forums and 123notary’s list of signing companies.

If company cancels too much, you should up their rate or make them pay a cancellation fee or nonrefundable deposit up front, otherwise you will be left holding the bag (and the freshly printed documents.) If a company owes you more than a few hundred, you should deny service until they pay up. If a company has no track record with you, please consider asking them to pay up front via Paypal. If you are a newer signing agent and desperate to get experience, you should be more flexible and take more risks so you get experience. People who use 123notary reward Notaries for having a lot of experience.

You can check new companies on your iPhone while on the road to see how they do on the various forums and 123notary’s list of signing companies with reviews. If a company has a bad track record of payment, you should charge up front or you will likely get stiffed. Some of these companies have no remorse.

CONFIRMING THE SIGNING
Confirming the signing using our tips in the real life scenarios section of Notary Public 101 will not help you get paid, but will help you reduce the amount of signings that end in mid-air. If the signer doesn’t have ID with matching names, or if the other signers aren’t going to be there, or if they don’t have that cashier’s check they need — you are better off not going to their house as it will be a waste of time. Signings that end in “no signs” often do not get paid, so by avoiding this type of scenario, you will have less unpaid jobs as a total percentage.

AT THE SIGNING — MISTAKES
Most Notaries brag about how they have a 99.9% accuracy rate. The truth is that most Notaries make mistakes from time to time, and sometimes FedEx or the Lender screws up too resulting in a second trip. In my experience it is very hard to get paid for a second trip. Companies will often offer to pay, and then not pay you. So, triple checking your work and getting packages to FedEx fast will help reduce your rate of non-paying jobs and also help you from getting fired as much.

AFTER THE SIGNING — FAX
After you are done with your signing, fax a bill and include all pertinent information such as the borrower’s name, property address, loan number, and whatever else the signing or title company wants. Send a bill every week by fax or email or whatever medium your company wants. Also, keep records of every signing company you work for, and all of the jobs they assigned to you. When they pay you, you can indicate the date when they paid you to the right of the job description, borrower name, property address on your records. Your records can be paper or online. It is very fast to do this by paper by the way and less chance of data loss unless you keep the paper in your car.

EVERY MONTH — RECORDS
Every month or so, update your records that you keep in your car. Keep records on each signing company. Track how many jobs they gave you, how fast they pay, what they still owe you, how much you like them. You can assign them a grade too. You can have a customized pricing strategy for each company depending on their track record. You can give lower prices for companies you like. I would base prices on estimated time spent and NOT a fixed price. You could have a — near, medium and far price, or a price that is more intricate depending on number of pages, number of signers, distance, time of day, etc. That is up to you. But, having an intricate pricing strategy will make your life a little more complicated, but will weed out the more difficult companies, or at least make them pay for grief they cause you. Otherwise, those companies will think they can get away with causing Notaries endless headaches. You could keep two sets of these records and update them monthly. One at home and one in the car. If someone offers you a job, don’t quote a price until you look at your records and see if they are on the “A” list.

30 DAYS
If a company is past 30 days, time to consider sending them a demand letter. Or you could wait until the 45 day mark depending on how tough you are. We have a demand letter (from hell) template on our resources page. People have had consistently excellent luck with it, and it was given to us by our very most seasoned Notaries on the site.

45-60 DAYS
If anyone gets to this point, definitely send them a demand letter, but consider hiring an Attorney to write a letter threatening them. There are Attorneys who will write a letter for about $30 using their legal assistants. If a company owe you $300 or more, it might be worth it to write a letter. You can also charge for damages which include your time lost and legal fees.

CONTRACTS
We wrote another article on contracts. Signing companies have contracts to protect their interests. Their contract defends what is convenient and good for the signing company but not what is good for the Notary. You can have your own contract too and make people sign it if they want your services. If you are inexperienced, many companies might not sign it. But, if they need you and you have experience, they just might. You can state terms about partial signings, no shows, cancelled jobs, printing fees, resigns, and whatever else you want. Try to be reasonable in your terms if you expect anyone to sign it and continue using your services.

CREDIT
Try to determine before hand how much credit to offer to particular companies. This needs to be customized. Companies with a bad track record should not get any credit and must pay up front. Companies that have been solid towards you for years might get $400. But, don’t offer more than that because good companies turn bad all the time the minute they run into credit problems. Each company you work for should have a credit rating with you and an individual amount of credit you will offer them. When they offer you a job, see how much they are in debt to you already before saying yes, otherwise — it’s Paypal — or no job!

Trouble getting paid?
http://blog.123notary.com/?p=15339

Tips for getting paid
http://blog.123notary.com/?p=19794

Scary results when someone uses our demand letter from hell
http://blog.123notary.com/?p=2006

Template for our famous demand letter
http://www.123notary.com/howto-get-paid-signing-agent.htm

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August 26, 2019

He would not shut up.

Filed under: Marketing Articles — admin @ 10:51 pm

There was an instance where a guy signer would not shut up. He was engaged in some fraudulent activity during the signing (falsifying his identity), but talked so incessantly that the Notary did not notice what the signer was up to. Signers can put up smoke screens at any time. The main point is to keep alert and pay attention to the security and fraud deterrence aspects of your job. If someone commits fraud on your watch, you might end up on court for a very long time without pay. Take this seriously and pay more attention.

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July 7, 2019

Notary vs. Hitman: Dollars per minute

Filed under: Marketing Articles — admin @ 2:47 am

Have you ever stopped to think about the pay differential between a Notary and a hit man? Notaries are always complaining that they don’t get paid enough and don’t get any respect. You would get respect if you were a hit man though. You could even advertise on one of those hit man websites.

Hit man profile (fictional… of course!)
I am responsible and reliable. Once you hire me the job is as good as done. I always confirm my appointments, show up on time, and hire a professional cleaner who I call, “Da cleanuh.” All I ask is to be paid on time, otherwise you might end up being on my list of assignments… capiche? Just make sure you include a return FeDex package with every assignment, and let me know if the job has any special considerations or if you want me to do the job in a particular special way. I’m experienced with guns, knives, clubs, bats, maces, machetes, numchucks, strangulation (for an additional fee), and more. Long distance no problem and we specialize in bilingual hits. Hablamos Espanol y Italiano. Additionally, if you hired the wrong guy to save money and he left work uncompleted, I do clean ups as well.

If you don’t pay a Notary, they just sit and whine. But, if you don’t pay a hit man, guess what happens. Hit men get respect — Notaries don’t. Of course Notaries spend less time in jail in general unless you are like Harry who engaged in Real Estate fraud using his Notary seal – don’t be like Harry.

A Notary can make $20 to $40 average per hour doing signings depending on what the job is, and how far it is. But, a hit man might get $50,000 for a job that might take a few hours to plan and an hour to “execute.” There is more risk involved, and probably more skill. But, look at the bright side, as a hit man, you don’t have to deal with the county recorder or the IRS! A hit man’s salary could be computed as $100 per minute if you work out the math. A good hit man only needs to do two or three jobs per year and the rest of the year can be taken off lounging at an Italian villa, or in a not so Italian jail cell. Such an efficient use of time.

So, the basic break down is 50 cents a minute being a Notary vs. $100 per minute being a hit man with possible jail time. Which do you choose? But, there’s more. Hit men end up in hell making it not worth it no matter what they get paid. Notaries go to whiners purgatory where they whine about not getting paid, but at least don’t get burned in scalding oil every day. So, you are better off being a Notary, so try to learn to be good at it.

You might also like:

How far do you push for payment terms?
http://blog.123notary.com/?p=22590

Payment for jail notary service
http://blog.123notary.com/?p=22145

Notarizing the Mafia at a gelato place
http://blog.123notary.com/?p=22163

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July 6, 2019

He took Jeremy’s advice and got new title companies

Filed under: Marketing Articles — admin @ 2:44 am

I am always pleased when I get positive feedback. A Notary in Northern California had a long pep talk and review session with me two years ago. After the pep talk he started studying a lot. He studied about 15 hours. I made him retake his certification test. I was tired of people who passed long time ago who were not sharp on their information any more. He failed his original recert test, but after the long period of studying got an A on the retake. He also redid his notes and started putting in some work to get reviews.

The result is that for the first time in years he started getting a lot of title company work. All of his extra consciousness, conscientiousness, and newly polished skills attracted more work on a tangible and also metaphysical basis. His old clients dried up for the most part due to the sluggishness in the industry. Without that new work, he would have been out of business. Thank God I believed in him and gave him a generous chunk of my time.

What do I have to do to get the rest of you to do some serious studying. Most of you think that studying is a joke, and that you don’t need to do it. But, to do well in this business you need to be serious and to be serious you need to study. Yes, you can learn on the job, but there are certain things you only learn from written materials in courses. Our certification keeps getting more and more cleaned up to the point that people are valuing it more and more. If you put some work in, you can benefit from having it. It is a lot of effort but worth it if you plan on being in business for the long run.

You might also like:

Your number of loans just went down?
http://blog.123notary.com/?p=21236

Do you invest in your notary business?
http://blog.123notary.com/?p=22129

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June 26, 2019

Spelling mistakes in blog comments and what Jeremy thinketh…

Filed under: Marketing Articles — admin @ 12:17 pm

You can always tell a notary. You see them at a bar and you know right away. They are always broke, always give themselves compliments, pats on the backs, try to appear to be a lot more than what they are, and then complain bitterly about how unfair the world is.

ME: How’s it going?

UNKNOWN PERSON: Oh okay. I worked so hard for the last seven years, and I’m a professional, and an expert in my field. I’m so much more knowledgeable than the other people in my industry. I have “x” amount of years of experience. But, I never seem to get paid on time.

WAITER: Here’s your bill.

UNKNOWN PERSON: $20 for two mocktails? I’m going to have to negotiate the bill. The menu said $7. I’m going to have a financial problem. Oh God.

ME: Have you considered supplementing your Notary work with some other specialties, and consider the idea of saving a particular percent of your income every month no matter what so that maybe one day you can retire without starving to death?

UNKNOWN PERSON: That’s a great idea but (pause… jaw drops) How did you know I was a Notary Public?

ME: You made it so obvious. You have all the tell-tale traits. Notaries brag all day long about how they are an expert at their field, complain how they never get paid, and yet when they perform an Acknowledgment, they don’t even know who is acknowledging what.

UNKNOWN PERSON: That’s a no-brainer, the Notary is acknowledging that the signature is genuine… duh…

ME: (oral buzzing sound) Wrong! Time to go back and restudy Notary Public 101 on our blog.

But, that is only the beginning. When you read Notary commentary on forums, blogs, and in their notes sections in their bio, there are normally plethoras of spelling mistakes, capitalization mistakes, punctuation mistakes (not to mention punctuality mistakes, but that’s a topic for another article). What do you think the readers think when you constantly write illiterate sounding English? They will think — if you are that sloppy in how you write, you will undoubtedly make endless mistakes facilitating the signing of our loans. This is why people generally micromanage you. It is not that they want to, they have to. Think about it.

You might also like:

What is so critical about crossing out he/she/they?
http://blog.123notary.com/?p=22223

Can a notary sign on a different day?
http://blog.123notary.com/?p=22084

Can a notary get in trouble?
http://blog.123notary.com/?p=21429

Mistakes notaries make with title companies
http://blog.123notary.com/?p=4412

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June 24, 2019

A lot of info I knew but forgot about says one 123notary client

Filed under: Marketing Articles — admin @ 12:18 pm

One Notary was reading one of my instructional tutorials on 123notary. He claimed that there was a lot of information that he used to know but had forgotten about. He was very happy that I had published Notary Public 101 as that was a great opportunity for him to review his Notary knowledge. Personally, my brain is not good at acquiring new information. I have to read over information again and again and again, and then review it periodically over time for the information to solidify and sink in. I very rarely forget Notary information that I have learned unless it is very technical, and California notary law can get very technical.

But, other people are not like this. Other people learn their stuff and then forget most of what they have learned slowly over time. This is why I think it is critical to maintain your knowledge and keep studying and reviewing your technical knowledge. So, the minute you think you know it all, that’s the same minute you need to review!

You might also like:

Beginner Notary 103 – gaining industry knowledge
http://blog.123notary.com/?p=21118

Does knowledge matter any more as a signing agent?
http://blog.123notary.com/?p=19887

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