I don’t know when signing services came into being. But, I’ve been a NSA since Jan. 2006 and signing services were already in existence then.
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They have been a NSA/ Title closer since 2001 the signing companies have been around since then. Now they are more. I have established title and settlement relationships which has had me avoid the NNA all together. NNA is useless to me since I have more experience than most of the people working there. Market and form relationship. The key is to not have all your eggs in one basket.
There were a few when I started around 1997…SOX, Door to door are 2 I remember. Now I think there are as many Signing Svcs. as there were notaries when I began.
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I have my BGC and my NSA and I did a 5year membership through NNA and in all honest it is worth it. I am also a Forensic Accountant and a CA Agent for the IRS, I have to take a Forensics class every 4 years which I pretty much sleep through and I have to take 30 CE hours every year for taxes. If you want to make the money, you have to pay for it. The signings I get pay for the training, some of the stuff is paid for yearly, but it pays for itself in 3 signings after costs are met, so its worth it. If you don’t want to be Fidelity approved, then don’t worry about it, if you do, get the stuff done. These are all choices but if you go through NNA, you meet all the criteria to do all the signings and if you are smart you do their Signing Agent platform and that is where they find you besides here.
Signing services were around in 2006 and likely before.
Unless your getting work with a company and they require that to do business, I would not. One would think that if you have a Bond and E&O of up to 100k these are unnecessary.
I had to look up a date and that’s where I got 2013. Been doing this since 2005 and couldn’t quite remember when all those rules and regs popped up followed by the proliferation of signing services.
“Standardization of fees” could be constued as engaging in price fixing, which is strictly prohibited.