123Notary

Notary Blog – Signing Tips, Marketing Tips, General Notary Advice – 123notary.com Control Panel

April 16, 2018

State of the Notary Industry = slow

Filed under: General Articles — admin @ 11:56 am

Dear Notaries,
The Notary industry seems to be at an all time low. Snapdocs has slowed down a lot. 123notary is getting half of the traffic we used to get during our all time peak a few years ago. Notary Rotary is slow too.

Not only is the industry bad, but Notaries have lost their will to keep themselves up. They are studying less, having fewer standards for themselves, and being hopeless and lazy. It is sad. I want to list the best in the business, but there are so few people who are top notch these days. It is not that people cannot be top notch, they don’t want to be by and large.

We are getting fewer sign ups. Fortunately, we have low expenses, so we can withstand long periods of slow business.

In the long run things could change, refinances could pick up. Interest rates could drop. But, I am not expecting any boom in the next year. On the other hand, back in late 2012 things just picked up all of a sudden and were good for a year. So, keep your fingers crossed and your journal ready.

In the mean time, try to be brushed up on all of your skills and study from our Notary Public 101 course on the blog which is free!

.

You might also like:

Letter to Donald Trump about the state of the notary industry
http://blog.123notary.com/?p=19908

2020 — How the crash of the EU will affect the Notary Industry
http://blog.123notary.com/?p=19318

Share
>

2 Comments »

  1. Capitalism is intended to ebb and flow, it is actually a good sign of a decently healthy sector of an economy. We are supposed to see surges (booms, bulls, growth) and declines (busts, bears, deflation). As you’ve so well indicated, this separates the wheat from the chaff; this is when the real Signing Agents emerge and the wannabe’s flee the scene.

    This is when you should be promoting your business, refining and honing your skills and always be learning something new and expanding your network of influence. We are self-employed consultants in the mortgage industry, providing a crucial service that concludes a business deal typically exceeding $100,000. This is the time to take a step up and emerge better than you were before.

    Now, if I could just get rid of those pesky little $65 signing offers and replace them all with $200 offers………wouldn’t that be worth it?

    Comment by Kelli Rosellini — August 23, 2018 @ 2:38 pm

  2. I have been wondering if anyone else is struggling as a signing agent. Last year was great, this year not so much. And the article is true. I’ve found myself more depressed than eager to learn. But reading these stories help get my focus back. Thank you!!

    Comment by Marcie L Charles — August 23, 2018 @ 11:37 pm

RSS feed for comments on this post. TrackBack URL

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *