Low Ball Signing Companies
Notaries are always complaining about low ball signing companies. My advice is to just say yes or no. As long as its quick and they pay you, you have nothing to lose, but your dignity. Sometimes a quick $40 is not so bad. If it takes you an hour or slightly more for the whole affair, that is not bad pay. Just don’t take a low ball job and have to do fax backs, and wait for two hours while the borrower reads each phrase of each page and asks a million questions.
Tough times are here
We are living in tough times, and people in foreign countries live on a quarter of the income you have. They have simpler habits and smaller cars or mopeds. They eat less meat and more beans and rice or “Rad Na” if they live in Thailand. Its better to take what you can get and save up for a rainy day. I used to work for very little. When I was booked, my prices would go up. When things were slow, I would accept jobs for very little, no matter what. My bills didn’t care how many dollars per hour I made. My mistake was not to ask for high amounts of money. Some people and companies will pay you double what you think they will. Just ask. If they say no, then take less if you have to. Its better than starving.
Your lives are not that bad
Assuming you don’t have a health emergency and are not having your life threatened by your local gang, and assuming that a tsunami didn’t visit your neighborhood, your life is not that bad (I’m guessing). As a world traveler, I see how middle class people live in India. Broken roads, clunky cars, the other drivers’ purpose in life is to run you off the road and kill you, food that gives you dysentary, traffic from hell, salaries 20% of what Americans make, expensive rent, cab drivers that always try to rip you off. Just crossing the street in Pune, India is an ordeal that most of you will never have to face. Additionally, they have terrorist attacks on a regular basis and its not safe for women to go out after dark. Few of you have any of these situations to contend with. So, count your blessings. Even in America, I know many who work for minimum wage who ride a bicycle to work through dangerous areas. If you own a car, you are doing better than my bicycle riding friends who can barely pay their rent.
Forum posts on the subject:
The text below is written by notaries, and does not represent the viewpoints of 123notary.com
If you accept $50 signings
If one accepts $50 signings, then it’s obvious one has not taken into account everything that is involved in the signing, from consumables to time to depreciation of equipment ……
……If you want to support Vital signings be aware YOU will not make any money. After a dozen signings I calculated I made $18.00 per signing. They get the bucks, you don’t.
The best micro-managers in the business. What a pain. They can’t pay me enough to work for them again.
If make an error, they take away YOUR fee and make you pay their fee as well….. (scroll down for this one)
Firma Signing Solutions
…..So, you can imagine how hard my chin hit the floor when he quoted $35.00 for the whole thing! The low ballers fail to remember what all it takes to become adept at this job, you have to know what you’re doing. You’re not “just a notary” but a certified signing agent, which takes training and education to fully understand this process. I will just decline the job if the price doesn’t meet my fees, it’s just not worth it…..
…. (scroll to the bottom) Has anyone else had jobs recently where they want the whole package faxed back? I have had two from Nations Direct. Of course, as usual, they are low balling the price and then state that the whole package needs to be faxed back. Both times I have told them I will not do a job for their low price, especially with all of the fax backs. Yesterday, for example, they asked me to go 30 miles away with edocs and fax back the whole package for $70. I don’t think so.
Question 2 Price Formula
……Rule of thumb: The lower the offer, the bigger th PITA it will be. It never fails….when you agree to a lower fee, docs will be late, the closing will go awry somehow, you will have a ton of fax-backs and need permission to ship…AND…you’ll wait at least 60 days to get paid the low ball fee. HONEST !! ………
(1) Notaries are always complaining about low-ball signing co’s. Don’t complain, just say no!
(2) We are living in tough times. Maybe those low-ball signing companies keep you from starvation!
(3) Read real stories about four low-ball signing companies.
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