Is anyone noticing an incredible slow down since the first of the year??? Can’t make ends meet now. 2020 was fantastic 2021 not so much 2022 horrible. Any thoughts?
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Hang in there! Location, location, location. Some are busy and some are not, This week alone I gave away five orders due to weather conditions! Gave up a good amount of $$$$:( 
So if you like working in the winter you’ll do very well. But watch out in the summer I’m not giving away orders! 
Super slow, and the emails or texts I receive are for $62 refi … 
Super slow here in Arizona… some days no notifications same in at all.
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If your business is primarily refi work, best to start looking for another way to pay your bills. Rising interest rates mean less will be able to benefit from a refinance. Simple mathematics. There are some who will still move forward. Some will even take a higher rate than what they have if it means a big cash out refi. But don’t expect things to get better. They won’t.
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Some days, just one. Competition is ferocious, too. I’ve about given up responding to some of the notifications, too, since they are taken before I can even look at them. I do not know what criteria services use to get the blasts out. There has to be some kind of pecking order. Sadly, some of these companies I have worked for for years.
I’m semi-retired and will likely go fully retired, too. The hassle of getting new orders has become a real drag now.
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I know how you feel. In this business, you have to get used to the feeling of being rejected.
We were all sooo busy n 2020 guess we got spoiled. These push apps are really a problem I’m told they go to the closest notary first but that isn’t true one was right down the street from me…I was holding the phone and clicked right away and GONE. Not fun n ow.
Yes, unfortunately, been doing this since 2006 and seems the getting an order was more of an “ethical” nature…now with technology… not so much. Hang on though!
In my small area I have 24 notaries with 1/2 of them seasoned in this business. That may not seem like a lot but my area is not very big. I’ve seen low ball offers of $50 go as fast as 3 seconds. I was lucky to get one on Tuesday for a single doc Deed for $50 that was 5 min from my house (3 pages). The other day I say an offer for $65 on a refinance and wondered who would take it. I countered at $90 and it was 5 miles from my home. As you could imagine I didn’t get it.
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I don’t miss killing myself doing so many loans! Agreed, 2020 and 2021 were good. I was closing average 170 per month. Last year in particular I was amazed around March that after the end of each closing day I still had 50-60 more loans pending closing!!! So busy that I took a couple screenshots! I doubt I’ll be that busy this year.
If I do a search on SigningAgent.com for NNA certified notaries within a 5 mile radius of my home, there are 28 people, only 8 of whom have more than one year experience. And that’s just within 5 miles. A lot of people got conned into thinking they would easily make bank in this business, until they found out otherwise. '19, '20, '21, I did very well. I have zero expectation '22 will be the same. I’m fine with that, going back to being retired sounds perfect to me!
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Same here. At the end 2019 there were 9 NSAs withint 10 miles of my office. Today there are over 30. There are about 30-40 new NSAs being minted in Texas every month.
Most of whom will be looking for other means to support themselves pretty soon.
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That’s good, hopefully a lot of NSA will quit.
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I agree people say to me Oh I’d like to do what you do “just” go to someone’s house and have them sign papers… ya right! We know better. Ya gotta know what you know…
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It’s not just about signing papers and putting a stamp… It’s those late night closings that were rescheduled…the docs you don’t get when you have 4 that day and number 3 isn’t in the portal …or the people who want you to take your shoes off yet their house smells like an inferno…trying to close a loan when the papers say what the borrower didn’t agree to…you know what I mean…
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We gotta hang in there. People will need to pull out money with their houses going up so much and they keep spending and spending to make ends meet. It’ll happen again…
Hey there … what state are you fortunate to live in???
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