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March 26, 2021

Snapdocs – a $100 Million + organization

Filed under: Signing Company Gossip — Tags: — admin @ 4:59 am

One of my clients told me that Snapdocs has invested more than 100 million in its operation. That is a lot more than I ever invested. I only put in a few hundred thousand and that was for programming over a long period of time. I started on a shoestring just like I ran my other businesses as a kid doing landscaping.

I had no idea they were so big. No wonder their programming is so good. But, investing millions doesn’t make the notaries they list worth 100 million – and that’s an answer to the million dollar question.

They stole a lot of market share from us and NotaryRotary. But, honestly, one of my clients just called me thanking me for my work and informing me that I am in the “big three” of notary platforms. I told him it is because of many years of smart and strategic work and because I’m special. I patted myself on the back after I said that.

In today’s economy talent can often outperform investment. That is perhaps the reason I can successfully compete against multi-million dollar platforms like the NNA and Snapdocs. I’m amazed that I can do it year after year. On the other hand I am not slacking off, except that I got very behind on emails.

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November 14, 2020

Snapdocs: When the texts stop

Filed under: Signing Company Gossip — Tags: — admin @ 8:02 am

Originally posted in 2019

Notaries are always complaining about low-balling, cattle calls and a shortage of work. But, in the last few months, business has been so bad that many have reported that on Snapdocs, the texts stopped all together.

I have lived through different economic cycles from inflation in the 70’s to a recession in the 80’s to the dot com bust in 1999 and the 2008 financial crash. However, I have never seen an industry crash quite like now. I am amazed that 123notary is surviving so well in this difficult time.

So, what do you do when the texts stop? Do you get another job? Do you sit and wait? Do you cry?

When business is bad, I tend to work even harder. That means we get less sign ups so I have to scour the internet to sign people up myself, screen many out, and repeat the process. What about you? When business is bad do you try harder or get more apathetic? The winners in this industry try very hard. I suggest doing exactly that.

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You might also like:

Compilation of posts about Snapdocs
http://blog.123notary.com/?p=21531

See our string of posts about Snapdocs
http://blog.123notary.com/?tag=snapdocs

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November 9, 2020

Which Notary directories get high paying signings?

Which Notary directories can help you get $150 jobs? Which Notary directory will help you get a high quantity of work. Which Notary directory will get you nicer clients? Here are some answers.

123notary — email us for a quote at info@123notary.com
123notary is a directory that refines its information daily. We attract all types of Notaries, but refine our list to put the absolute cream of the crop at the top of search results by using a complicated algorithm. This is why we are popular with Title companies and attract more high paying work than all other directories combined! Experienced Notaries on 123notary average $110 per signing. Disclaimer: Not all jobs from 123notary are amazing, but the percentage of good ones is higher than other directories, which puts you in a position to filter out the undesirable companies.

We put roughly 300 new notaries online every month and then take off half of the free new listings that have bad stats. We also have to remove older listings where the Notaries have become unresponsive. This constant refinement has made us the most reliable source for accurate information of any Notary directory.

123notary offers top placed listings in your county. All you have to do is email us at info@123notary.com and ask us for a quote for a high position in your area. Notaries with a top spot on 123notary get an exponentially higher quality of work as well as more total offers.

NotaryRotary
They are famous for their forum which is the most popular in the industry. Their directory is easy to use as it shows results in order of proximity to the search zip code. NotaryRotary focuses on closeness rather than on the quality or knowledge legal of the Notary. NotaryRotary gets a little bit of high paying Title Company work, but mostly signing company work.

SnapDocs
SnapDocs is a clearinghouse for the lowest paid and most undignified Notary work out there. Notaries get cattle calls via mass texts to all Notaries in the area for low paying jobs that often only pay $50 or $60 per signing. If you are a beginner and want to get your feet wet then try them. However, Notaries with experience are dropping off this medium like flies!

NotaryCafe
This is a much smaller directory that capitalizes on quality Notaries. Jobs are often higher paying, but there are not a lot of jobs to go around. Quantity is not a specialty of NotaryCafe unfortunately, but we still recommend them to more experienced Notaries.

SigningAgent.com
NNA’s directory has a lot of Notaries. Most of the Notaries are newer while there are a few experienced ones on board. The high point of this directory is that you can see the dates when Notaries became NNA certified and/or background screened which means a lot to signing companies. However, this company has not generated that much work for signing agents for years.

You might also like:

Best virtual comedy 2016 edition
http://blog.123notary.com/?p=17693

A comprehensive guide to Notary pricing
http://blog.123notary.com/?p=16504

Elite certification will benefit you for the rest of your life
http://blog.123notary.com/?p=20770

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November 7, 2020

A comprehensive guide to Notary organizations

Originally published in 2016

Are you a Notary? Do you want to join some Notary organizations? There are many of them out there. Some help educate Notaries while others have helplines or hotlines. Some sell Notary supplies while others help Notaries advertise their services.

123notary.com
http://www.123notary.com/
123notary.com has been around since 1999 and helps Notaries advertise their Mobile Notary services online. Title, Escrow, Signing Companies, Attorneys and individuals love using 123notary to find some of the best trained and most experienced Notaries anywhere. 123notary also sells loan signing courses and has a very entertaining and informative blog. Check out their list of signing companies with reviews to see who you should and shouldn’t be working for.

National Notary Association
https://www.nationalnotary.org/
The NNA has been around since 1957 as a California Notary Association to help Notaries with educational resources and tools. In 1964 it became a National Association. NNA sells Notary supplies, errors & omissions insurance, education to help pass the Notary exam and become a signing agent, andmore… Advertise your signing agent services on signingagent.com

Notary Rotary
http://www.notaryrotary.com
Notary Rotary has been around for decades and offers a very potent way for Notaries to advertise their services. They also sell seals, and E&O insurance. Signing Agents can place an add and get found based on how close they are to the zip code being searched for.

SnapDocs
http://www.snapdocs.com/
This organization makes it easy to find newer Notaries who work for cheap as well as providing a system for downloading documents. More seasoned Notaries are complaining that SnapDocs is contributing to the lowering of fees in the industry. We recommend this organization for newer Notaries who want to get their foot in the door.

American Society of Notaries
http://www.notaries.org/
ASN offers a phoneline for technical support just in case Notaries have a question while on the job. They also sell Notary supplies and more.

American Association of Notaries
http://www.notarypublicstamps.com
Buy your stamps from the AAN!

Notary Café
https://notarycafe.com/
Notary Cafe is a smaller directory of Notaries that seems to specialize in the more serious Notaries. We do not have records to show how popular their directory has been in the last few years, but they have been popular for a long time.

Pennsylvania Association of Notaries
https://www.notary.org/
Need help becoming a Notary in Pennsylvania? Try this organization.

California Association of Notaries
http://www.calnotaries.com/
This is yet another Notary directory.

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You might also like:

Snapdocs — see our feed for posts about this company
http://blog.123notary.com/?tag=snapdocs

The Towles Booth (pronounced Tolls)
http://blog.123notary.com/?p=9456

Why the Notary industry went South
http://blog.123notary.com/?p=16500

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October 19, 2020

Compilation of posts about SnapDocs

Filed under: Compilations — Tags: — admin @ 7:07 am

I put these posts generally in order of popularity, but there are a lot of newer posts who don’t have much in terms of click analytics yet.

123notary vs. Snapdocs; AT&T vs. Verizon
http://blog.123notary.com/?p=21258

SnapDocs, when the texts stop
http://blog.123notary.com/?p=21163

Why Notaries don’t like SnapDocs and why companies do
http://blog.123notary.com/?p=22713

What Notaries don’t like about Snapdocs
http://blog.123notary.com/?p=21246

Snapdocs is losing business to ZipSig and Signingorder.com
http://blog.123notary.com/?p=23817

SnapDocs doesn’t take phone calls, how much of an issue is that
http://blog.123notary.com/?p=24127

How often do you not get paid on Snapdocs?
http://blog.123notary.com/?p=24156

Are you frustrated with SnapDocs?
http://blog.123notary.com/?p=24125

Snapdocs – are the jobs just too far away?
http://blog.123notary.com/?p=21003

Snapdocs – what we’ve learned about their notaries
http://blog.123notary.com/?p=16099

Snapdocs wants to sell shares on Shark Tank
http://blog.123notary.com/?p=20815

Opinions about Snapdocs in the forum & blog comments
http://blog.123notary.com/?p=21299

I felt like I was being used (Snapdocs assignment)
http://blog.123notary.com/?p=18852

10 ways to “deal” with Snapdocs
http://blog.123notary.com/?p=17002

Who and what is Snapdocs?
http://blog.123notary.com/?p=18841

Snapdocs business model doesn’t add up
http://blog.123notary.com/?p=19290

Snapdocs — thumbs up or thumbs down?
http://blog.123notary.com/?p=19190

Snapdocs is a bigger operation than I thought
http://blog.123notary.com/?p=19192

More on Snapdocs — the Uber of the Notary industry
http://blog.123notary.com/?p=16236

Copying your notes over from SnapDocs? Bad idea!
http://blog.123notary.com/?p=24032

If you forget your cell phone in an Uber, if you have a problem with Snapdocs… is that similar?
http://blog.123notary.com/?p=22683

Signers who get paid big bucks on SnapDocs
http://blog.123notary.com/?p=22677

Snapdocs – repeated messages for the same signing?
http://blog.123notary.com/?p=22675

Is Snapdocs a serious threat to 123notary?
http://blog.123notary.com/?p=18818

Snapdocs – total # of signings documented vs. actual total
http://blog.123notary.com/?p=22645

Snapdocs – their profiles are getting more impressive, but…
http://blog.123notary.com/?p=20819

FASS to use Snapdocs
http://blog.123notary.com/?p=20797

What has your experience with Snapdocs been like?
http://blog.123notary.com/?p=20793

Does Snapdocs have thin margins?
http://blog.123notary.com/?p=22629

Snapdocs has a new feature for bank auto pay within 30 days
http://blog.123notary.com/?p=17471

If everyone complains about Snapdocs, why do they continue to grow?
http://blog.123notary.com/?p=19034

Snapdocs has a good algorithm… but… (200)
http://blog.123notary.com/?p=19925

Snapdocs grew tremendously in 2016, but Notary Rotary shrank
http://blog.123notary.com/?p=19058

The Uber principal at snapdocs — new blood!
http://blog.123notary.com/?p=18868

Snapdocs – do they cater to the fastest or the best(est)?
http://blog.123notary.com/?p=20821

Snapdocs has an adjustable radius… should 123notary do the same?
http://blog.123notary.com/?p=21048

The evolution of American eCommerce and Snapdocs
http://blog.123notary.com/?p=22275

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July 13, 2020

Despite low-ball fees, Snapdocs continues to gain market share

Filed under: Signing Company Gossip — Tags: — admin @ 10:23 pm

I track people’s popularity on similarweb.com. I can see that 123notary has gone down hill in popularity, but remains popular with those who still pay well which is important. Snapdocs is an organization that gets boatloads of complaints. Some Notaries swear by them but most have relatively negative things to say and lots of complaints.

The fact remains that the convenience they offer is so popular that their market share continues to grow. So, in the long run, if you Notaries continue to work for cheap and agree to be treated like cattle, this business model will succeed. That is up to you. Now, it is time for dinner and I must go.

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July 3, 2020

Snapdocs doesn’t take phone calls. How much of an issue is that?

Filed under: Signing Company Gossip — Tags: — admin @ 9:54 pm

123notary started about twenty years ago, and our business model was to offer human to human consultations, help and sales. People like that we are interactive, knowledgeable, skilled and experienced. When you call the NNA, they also answer the phone, but the more experienced members seem to work at the hotline and I don’t know if that is still in existence. The hotline people do not know about marketing though, and 123notary specializes in that.

Snapdocs on the other hand does not take phone calls. They are too high tech for that. I wonder what people’s experience is dealing with a company so antisocial that they don’t engage in phone calls? For me this is a big negative. But, in today’s antisocial world, most people don’t want to talk to someone else anyway.

I believe in reincarnation, and a lot of the people in my city are extra-terrestrials at least spiritually. They don’t like to talk to humans, and they are very comfortable with futuristic devices and applications.

How is communicating with Snapdocs? Are they helpful? What are your reactions?

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June 9, 2020

How often do you not get paid on Snapdocs?

Filed under: Signing Company Gossip — Tags: — admin @ 10:13 pm

I am hearing all different stories from Notaries who use Snapdocs. Of course, it is not Snapdocs themselves who pay you but the companies who work through them. On the other hand, they are a portal and they have the power to have standards for payment terms if they want to.

One Notary said they got paid on average in 40 days.

Another says 30-45 days

Another says 50-60 days

Another says 14 days or less

One Notary got 700 jobs and then all of a sudden the phone stopped ringing, or beeping… whatever noise it makes when you get a text.

Snapdocs reportedly does not get involved in payment unless all parties involved want to use Vendorpay. Interesting.

But, how often do you just not get paid on Snapdocs? Is this regular? Is it a bad problem or just a once in a while phenomenon?

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May 21, 2020

Are you frustrated with Snapdocs?

Filed under: Signing Company Gossip — Tags: , , — admin @ 9:53 pm

After reading more and more comments from Notaries about Snapdocs, I realize that your ability to get jobs from them is very unstable.

Instability
First of all, many Notaries have indicated that they got many jobs at one period of time and then the texts abruptly stopped. What probably happened is that someone gave them a thumbs down, or that their average response time was too long and they got bumped down on the pecking order to the point where nobody would text them or use them. It might make sense to be more equitable in the way business is distributed, but that does not seem to be the way Snapdocs functions — it’s winner takes all. Or if you think people being low-balled are losers, then loser takes all.

Distance
Many Notaries complain that they are only offered jobs far away at low-ball prices. This is a common complaint and I don’t know how to answer it other than — negotiate your fees and ask for more.

Pricing
Low-ball fees are a pain. People offer low-ball fees because there are plenty of other Notaries who will take them. If you can prove you are substantially higher quality as a Notary than the rest, there is a chance people will pay more. But, in this highly refined technology driven marketplace, if you are not better, then you can only get a low-ball offer. (Sorry)

Ranking
You can only get better rankings by accepting more jobs and getting a good review. And your reviews and rankings are hidden from your eyes for better or worse. If you are too picky about jobs, you won’t get any, and your ranking might go down. Sometimes you have to do a few low paying jobs to get the ball moving. But, in the long run, I suggest renegotiating prices if you use Snapdocs in the long run.

Summary
I am uncomfortable with a portal that will phase you out on a whim, and that refuses to take phone calls. But, then I have not been a Notary since 2005 so my opinion doesn’t matter. Also, my generation is more personable and more sensitive to being phased out. It seems that the Snapdocs algorithm keeps Notaries in the dark. At 123notary, we will tell you how you do on our algorithm although we don’t publish the actual results. We can also offer tips to help you do better. Snapdocs is good for those who like them, but I am not comfortable with their business model. On the other hand they seem to continue to grow despite all of the complaining so I guess they have something!

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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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