Accepting Low Rates

Beginner's Questions
21

@lmcloser Absolutely Concur :100:Percent. :tada: :heart_eyes: :peach:

:swan:

1 Like
22

Don’t accept low ball offers. Don’t work for free. Notaries keep accepting those low ball offers and that is why they don’t pay more. Once you get experience you will notice.

4 Likes
23

I am in your team and totally agree with you.

3 Likes
24

Totally agree… Yes! I would like get your spreadsheet please

25

Counteroffer , Counteroffer Counteroffer, do not accept the initial fee. It is an insult, and the agencies should recognize the expense, expertise and effort that signing agents put into making sure the deal close. We are vital part of the closing process, we put in time and money to get commissioned, educated and prepare the documents for their closings. Especially for their sometimes-difficult clients that we have to accommodate and provide professional service too. $55 is not worth any of the time that we put into being a signing agent / notary as well as providing an important service to seal the deal for the lenders, title companies and signing agencies.

5 Likes
26

@AssistPros Thank You. Absolutely! Concur :100: Percent. :tada::ribbon:

:swan:

3 Likes
27

Now the best thing is, when are you going to be paid? keep us posted…

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28

Yes, I will keep you posted.

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29

I can’t sustain my business at those low rates. I’ve been doing other things instead. When things get more acceptable I will start again. Those who take the lower paying jobs will notice when they have to replenish supplies or fix a car. Eating is also nice. Nothing is cheaper anymore and neither are my rates.

5 Likes
30

Hello, I was given some wonderful advice when I started as a LSA that I am going to pass on to you and to others on this feed…Once in awhile take those low fees signings for the practice, but most of all for the networking.

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31

Careful you will get stomped on.

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32

I am getting the same types of offers. The only reason that the rates are so low is that people are accepting them and not getting paid what their time, supplies, gas, vehicle wear & tear are worth. Its hard but stand your ground and negotiate to get the fee you are worth.

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33

Absolutely not! You are not helping yourself or others. You will run yourself and your vehicle ragged and in a few months you will realize its not worth the money. Then those that charge accordingly have to retrain these companies that want to low ball everyone. Just this past week I had an offer…$35.00 to drive 40+ miles. Told them know, I wouldn’t walk next door for that. They came back with my counteroffer. Get started on the right foot.

4 Likes
34

Thank you all for all the advice. I’m not taking low rate signings, but I only do 1 or 2 a week. I live in Ocala, FL and it seems like there are a lot of people here who accept this low rate, because when I make a counteroffer I get no response. I know that good things take time… and it is part of my process to grow; In the meantime I’m learning about field inspections, and then any other services I can offer as a notary.

1 Like
35

I have had the same experience as you. I get low ball signing requests and when I counteroffer I’m just ignored. Here in Baltimore, MD the area is saturated with notaries and it’s not hard for these companies to find a notary to do the signing at such a low cost of $50 or $60 and drive 30 miles and provide 2 sets of docs. This was not my intention of becoming a notary. Back in CA, I worked with Fidelity National title as I was a mortgage broker. Notaries were paid $175 $200 per signing.

5 Likes
36

Hello can you send me the spread sheet please? My email address is: propertyserviceagent@gmail.com

37

Who is the customer? For example, my customers seldom negotiate. I charge a convenience (travel) and signature fee, show up on time, notarize, collect my fee, and leave. I don’t consider SS as customers; they are more like YELP leads. After you factor in your ROI, you start to feel cheated.

4 Likes
38

I’d like a copy of the spreadsheet as well. I provide other services as well. Thank you in advance.

39

they are another joke! Offering insulting orders of $20.00 etc. I wasted so much time responding to them with my counter offers and I do not hear back from them, I am done with those types of jobs!

2 Likes
40

I’d like a copy of the spreadsheet as well please. teresaggray@outlook.com