Feast of Famine Signings?

Hi,

I have been doing signings for about a year now. What I find so strange is the inconsistency of work. For example, the last 2 weeks have been dead. Barley anything comes through and when it is, it’s for locations that are too far away, or low pay. Then there will be times where my phone is blowing up and I could take 3-5 jobs in a day. Is weird because the work will come through all at once from various signing services all at once, and just as quick as it came, it goes quiet collectively too. I realize there are probably times of the month that are busier or slower but I still have not found much dependency on when to expect work. I have had nothing the last week, and I am ready to accept something, which is a little bit of a let down. For context, I am on Signing Order, SnapDocs, and Notary Dash.

Any insight on this? Do others experience similar patterns?

Yep. Seems everything happens at the same time. One day/nada; next day/5 offers at same time, 3 of which are rush jobs. Also, it’s a given that, just as I’m leaving for an appt., my phone will ring, 2 e-mailed offers will bling in & I’ll get a text about GNW. :zany_face:

I’m always busy and this week has been very slow. I suppose the sad events of this week may contribute to that :frowning:

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I’ve found that Monday morning and Friday afternoon are generally very quiet. I attribute that to title companies just rebooting after the weekend and shutting down on Friday afternoon in preparation for the weekend. Other than that, I can’t identify any clear pattern as to when it’s busy and when it’s slow. I’ve noticed an uptick in activity since the beginning of August. Hopefully, that bodes well for business between now and the end of the year. Still not a lot of refis. It’s been mostly Buyers and Helocs.

It seems to be a rule that as soon as you start up your car to drive to an appointment, the phone will start continuously beeping with job offers. This is no exaggeration…..I get most of my jobs when I am in my office in the morning, available to respond immediately to offers that come in. When I’m in my car, or especially when I’m in the middle of a signing, by the time I can respond, the job is already gone. Since I rarely take a job at the offered fee, it’s much harder to respond with counteroffers while in the car.

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September has been great no down time at all. I am on about ten platforms. In months past I have seen the first 4 days of a month dead. I think a lot depends on the schedulers. I have noticed a lot more orders coming at fees I will readily accept. But so does everyone else. So it’s competitive but I’m seeing 3 a days more in September than in months past.

I don’t know that there is any hard and fast rule. It’s cyclical because new notaries come along and things change. Then notaries drop out and things change again. In the summer we compete with teachers who have the summer off and do a little loan signing. Now that school has started back up things seem to be picking up a lot.

So far so good this month. Two most days with some 3s in there. In this area when it starts getting colder things will be busy because some area notaries take the winter off.

Don’t know where you are, but so far things are going well in my region.

Rick - register with signatureclosers.com and signwithjot and mortgageconnectlp.com and townsgatecloosings.com. If you have 2 years experience sign with Title 365. bankserv.net.

You can increase your exposure.

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The pandemic years were great for notaries who worked through all of it. We couldn’t keep up with the demand because of all of the notaries sitting it out. Counteroffers were almost always accepted. Business was booming. Traffic was non-existent. The only negatives were the masks and back yard/front yard/garage signings.

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Thanks all for the advice and tips.

Thanks @johnsonps306 for the recommendations on other signing services. I appreciate that.

I am in a more rural area so I do expect things to be slower than bigger cities. It’s funny, I just said it was slow and today I got 4 requests.

Be ready, willing, and able for signings or GNW - crickets. Leave town or have surgery that requires weeks to recuperate and watch your phone ring off the hook.

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I started in 2021. Interest was at 3% - it was super busy. Masks were at the request of the signer.

I’m deaf. Even with hearing aids I read lips. Masks were brutal for me. I’d prefer you just breath on me.

Masks were definitely no fun. In the beginning, I even wore latex gloves to the signings. I stopped doing that when I saw that the borrowers weren’t wearing them. Call me stupid, maybe, but I never really had any fear of catching Covid from doing loan signings.

You have no idea the latex gloves, masks, booties and distance hoops I had to jump through to meet with these totally brain washed libs out here in Richey-rich direct coastal millionaires La La land.

I only really got into this a year ago. I can’t even imagine what you had to deal with through covid. And since it was a refinance boom, I’m sure it was insane.

My day job is a commercial loan officer for a bank, and I was losing my mind working endless hours on PPP loans. While so many people were struggling, I had more work than I could handle.