Blasted before 6AM this morning by one of the better platforms. Still, never saw this fee as first offer in a long time. It’s at dinnertime today…12 hours notice. MY POINT IS A DECENT FEE CAN AND IS OFFERED, so please stop jumping on the low offers!
11 Likes
@Arichter 
Hear! Hear! Congratulations.
It’s important to know one’s Worth! Thank you for sharing your demonstration of it. 
3 Likes
I didn’t take it because it’s too low for 2 hours & nearly 100 miles, BUT there are 1/2 dozen NSAs
within 15 miles of the location. Somebody will do OK today and I’m very happy to see a decent fee for a change. Just wanted to offer one reality to those who think it can’t be done and scramble for the $85 offer.
3 Likes
Absolutely too low for “2 hours U& nearly 100 miles!”
Makes me wonder if they already put it out there to NSAs that are closer and didn’t get any takers … (at a low fee)?? If that’s not the case, suspicious minds want to know: What’s the catch? 
Huge package with scan backs? Is the hiring entity a reliable (one that pays timely) company?
Arichter is absolutely right. It (professional fees) can be done! 
2 Likes
As far as I know, this was the first offer to be blasted. Annoyingly, I always get offers that are up to 3 hours away, even tho’ there are a kazillion notaries between me and signing location. Also, annoying…no additional info provided by platform as to page count, Lender, # of signers.
Ooooo…it just popped in again. This time @ $200 (still too low for me). Guessing all those closer notaries are still sleeping. It’s 7:40 AM and blasts began before 6 AM. SEE WHAT IS POSSIBLE IF WE DON’T BITE ON LOWBALL?
3 Likes
@Arichter . .
1 Like
@Arichter – Does that platform allow counter offers? If so, maybe you can try countering with your professional fee for that distance (and keeping in mind all other possible special requests, i.e. several signers, large package, scan backs, lodging, etc.).
1 Like
Yes, can counter… but… Nah. Pass. Don’t wanna drive that much and it doesn’t fit day’s schedule. Guess I was just over-enthused to see a decent fee offered. Hasn’t come thru again, so somebody lucked out @ $200.
2 Likes
To ALL Notary Cafe members new to this business sector who want to see how to calculate what Arichter referred to that the Fee is “still too low for me” . . . please review the following.
======
When accepting a Signing Order [SO], for your own financial livelihood, you owe it to yourself to perform the due diligence of calculating the Costs of Providing Your Professional Services.
Here is a thread that you’ll find insightful as well as helpful for performing your own calculations:
======
If on the other hand, you happen to be not-so-great with numbers . . . reach out to a friendly local tax preparer/CPA for insights into your business possibly being categorized as a hobby due to repeated years of negative revenue generation.
======
Employing self-delusion with regard to balancing a business budget (see equation below) could easily yield a bankruptcy result . . .
- Total Income/Revenue Generated
-
minus
* **Costs of Providing Professional Services**
* ```
minus
- Operating Expenses (marketing, rent, equipment, supplies, payroll, insurance, vehicle maintenance, turnpike fees, ferry fees, parking expenses, etc. => see a more comprehensive listing in the referenced thread [above]).
-
minus
* **Licensing Expenses**
* ```
minus
- Federal, State, & Local Taxes
-
minus any additional expenses . . . (*tax experts please chime in here*)
Equals Net Profit
It’s important to track & record all expenses for the day-to-day operations to ensure accurate calculation of the business’ financial performance.
======
Of course, one can choose to operate at a loss if they’re in a largesse or philanthropic frame-of-mind
When operating at a loss, in essence you’re paying them for you to provide the professional services.
1 Like
I got that fee recently first thing in the morning as well. From a title company that I have a high ranking with.
Maybe we’re special. And it was only us.
LOL. Never say never Missy.
1 Like
Crazy day of (yesteryear/normal) now/high offers! 3 different jobs offering $200. Of course, all were still too low for the mileage/drive time needed. And all 3 were night signings on dark rural roads. No, no, no.
5 Likes
Aaaand yet another later offer jumped from $150 to $375.. Of course, it’s a 3 hr. drive and the scheduled time is 45 minutes after $375 offer. It got canceled and will probably start again early tomorrow at $85.
I hope this shows why to SAY NO TO LOW as they’ve proven they can do better–MUCH BETTER!
4 Likes
Refi’s in my area run about $80-$90 with an hour to an hour and a half of drive time. The highest I have seen was $100 in May. I did get a sellers today for $125 about 20 miles from my home. That is about $50 over the average for a sellers in my area.
1 Like
$80-$90 with an hour to an hour and a half of drive time!?! That’s just crazy-low!
5 Likes
I agree, but in East Tennessee that is the current rate. I haven’t done a refi in a month and I don’t mind. Those are usually page heavy and pay about the same as a sellers package, which is a lot less pages.
1 Like
@Arichter Hear! Hear! Concur 
percent.
takenotenotaryservices ~ you state “my area” ~ what is your area??
1 Like
East Tenessee, along the border with Virgina.
1 Like
Nice. My son and his family have 2 homes on east coast ~ Nutley NJ and Staunton VA. Usually travel to east coast couple times a year even though I don’t like humidity. Good luck on your endeavors. 
1 Like
Was it a reverse mtg
1 Like