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April 21, 2020

story about a counter offer on snapdocs

Filed under: Business Tips — Tags: — admin @ 9:24 am

Story by Steve Weinstein

I don’t know if you want to post this, but it happened to me: Snapdocs posted: $65 Reverse Mortgage application with 20 pages to fax back, I countered $85. turns out the print was 285 pages, plus ever Notary knows Reverse Mortgages are never easy at the signing table. I My fee got bumped up to $95. When I spoke to the Signing Company that I did not think it was right to low ball the fee on Snapdocs, they said it was just a baseline and Notaries could ask for a higher fee. My concern is that Notaries are accepting low ball fees. Seems like there should be some kind of industry standards..

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2 Comments »

  1. My minimum fee for an RM Appl is $125/$150 for the final. More if over 15 miles. I get it, too.

    Comment by Ardel Richter — April 22, 2020 @ 7:50 pm

  2. I tell the scheduler up front RM’s are not fun and take a long time. 99% of my signings are 20 – 60 miles and I tell them my fee is $200. If they negotiate then I check the mileage closer for a reduced fee.

    Comment by Gary Bowers — June 27, 2020 @ 6:03 pm

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