So when most companies say they pay net 30, 45, or 60, are they talking calendar or business days? And do business days include Saturday?
@Notary_veg Hmmm . . . the terms “net” & “gross” are irrelevant & meaningless with respect to the Gregorian Calendar.
On the other hand, if the client stated, for example, “the net invoice amount is payable in 30 days (or 45, or 60)” that would mean they would pay the full net amount of the invoice (net meaning minus any credits, discounts, etc.).
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There is no way to definitively know the answer to your query without directly posing it to your client if their payment turnaround time/interval is calendar days OR is business days.
This is the reason that I have stated within numerous posts to:
'Always remember to ask: “Is that calendar days? Or, business days?”
It can make a BIG difference! 
’
What state are you in, getting $275-350?
You haven’t stated which state you’re in, Janet.
She is driving 75 miles to get that fee. I think you should state that upfront when you’re telling everyone you make $275-350 per signing. I wouldn’t think of driving more than 10-15 miles each way so that would be out of the question.
Notay_veg you’re a little late to the party considering you’re responding to a text posted in 2019, but I am in Vermont (a very rural area/state) and although closings have slowed down considerably I still get my stated fees without objection.
You’re not going to get the fees if you don’t ask!
Janet,
I’ve previously stated that I ask for higher fees. In my saturated market I rarely see any negotiation on fees. Kindly read all of my comments before chiming in.
First of all, I read your posts and everyone else’s.
Second, I’ve been a notary signer for almost two decades.
Third, offers should always have a counteroffer if it does not hit your reserve. I start at $125.00 and go up.
If you want to make more money on closings prove you’re the best. Once the newbies and the non-relevant drop out you’re left standing. Much of this business is survival of the fittest or in this business, the notaries that don’t make mistakes.
In twenty minutes I’m going travel exactly 1.2 miles down my road to have a client sign a Signature Affidavit Form because the other notary didn’t get it signed. This prevents the loan to be processed and closed. I’m charging $125.00 for exactly 60 seconds of work. Do I feel guilty? No, I don’t! The new title company realized they should have called me in the first place and they know it. Now if another closing comes up in my area I’m at the top of the list.
Learn to play the game so you win!
Cheap fees attract inexperienced or sloppy notaries. Companies learn real quick if you want it done right value the experienced notaries in the business. If they don’t it costs them much more than a relevant notary fee in the long run.
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This business has been reduced to a commodity. The number of completed closings, carries little is any weight. In many markets SS and TC have fixed their offers with a note that counter offers will be rejected. Our services have been reduced to a commodity; lowest bidder wins.
There’s also location that plays a major role in offerings. When a particular market is saturated with NSAs, fees go down. I’ve had far too many counters declined and assigned to another NSA.
If a signing is botched by the NSA, the SS or TC back charges by reducing fees, not paying the NSA, or black lists the NSA. In these case it’s the NSA who bears the cost.
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