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February 15, 2016

If you contact Title companies directly, what do they want?

Notaries don’t always know what to furnish a company with. They approach us by emailing their E&O, and all sorts of stuff we don’t want. I used to contact Title companies and here is what they most commonly want.

A Rate Sheet
If you have a quick flyer with your rates, areas you cover, and quick notes on your experience, types of loans you know how to sign, and your contact info, that will go over well.

Speak with Confidence
Don’t be afraid of Title companies. They aren’t monsters. They are just monstrously busy and they escape from their busy prison like bats out of hell at the end of the day. It is difficult to get the same rep twice as they are always busy and will only treat you like a priority if they actually need you or if they are really bored.

Have at least 1000 Signings
I would recommend getting your basic experience working for the signing companies who you dislike the most. Yes, the low-ballers with the fax backs and annoying micromanaging techniques. At 123notary, we quiz Notaries over the phone and the ones with less than 5000 signings normally are not so informed about basic loan signing techniques and facts. I would recommend waiting until you have at least one or two thousand signings and two or three official certifications from different agencies before calling the Title companies directly.

Notaries Bearing Gifts
Old school Notaries often bring donuts, bagels, and small gifts. To stick positively in someone’s mind, small gifts help. If you want to get exotic and give Chinese moon cakes, Arabic baklava, or Indian kulfi, that is good too assuming your gifts are appreciated.

What do they Really Want?
Girls just want to have fun
Title company reps just want to go home.
I’m going to sleep now.
Good night!

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4 Comments »

  1. I disagree with your strategy of working for the low balling, Micro managing signing services. Every notary should sign up with as many title companies as possible. Why have the signing service take 75% of the fee? Get the title company work at a full fee of at least $125 (yes it is very possible) and you can work one signing for the price of two. Treat your time valuable and realize you are in business to turn a profit, not break even!

    Comment by Bob — March 6, 2016 @ 10:21 pm

  2. Speedy closings of Ringoes NJ has filed for bankruptcy. I got the papers today.

    Comment by Jerome Zeiger — March 7, 2016 @ 11:14 pm

  3. Jerome Zeiger did your paperwork for the bankruptcy state where and if one can submit a claim. I have an open invoice with them. Thanks for info in advance.

    Comment by Donna Garlock-Burdette — March 29, 2016 @ 1:27 pm

  4. This is the M.O of Signing Companies. They run up a notary to a MAX of $600, this is the small cause business court claims. OTher than that, they go on to next notary. Make a million an close shop. Signing Companies operate anonymously and only email/phone number. We dont know if it is LLC, or just a DBA firm, doing some shady stuff.

    I DO NOT ACCEPT ANY CLOSINGS from Any signing services. My fee per closing is $250. Title companies charge anyways from $350 to $550 per settlement.

    So $125 per closing what when milk costed $2 per gallon and gas costed $1.25 per gallon. NOTARIES WAKE UP ?? WHY are you even accepting closings for $125. Tell them $250 is your price. If every notary says that, I will over all improve the rates market wide.

    The Lowest I take for refi is $200/ I keep getting offers and if they cannot meet and say I can pay $175, I tell them NO. That is my floor.

    Comment by Notary-Now — May 26, 2020 @ 6:04 am

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