Why has everything gone up but our fees? We need to expect more to get more. These signing companies asking us to drive almost 100 miles round-trip, print 230 pages or more, sign with someone for an hour or more then scan it and take it to fedex or UPS for $115 ?? FYI I never accept it since I am in a rural area of Alaska , my counter was $325 and I will likely get it, but this is frustrating to me. Some newbies will take it. I made $125 on my first signing almost 17 years ago in California. STOP ACCEPTING LOW FEES. YOU DESERVE BETTER! End rant.
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Everything is relative to where you are and the saturation of that market. No one makes us accept anything. In some areas, 48 miles and 115 pages for $115 is a better than average offer.
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When analyzing the current landscape of signing fees, a clear understanding emerges: the prevailing low rates are a direct result of several interconnected issues within the loan signing agent community. The market’s reaction is significantly shaped by several key elements, including the relatively low business acumen possessed by many agents, their frequent acceptance of weak explanations for low fee proposals, and their anxiety about potentially missing out on assignments, even if it means accepting lower-than-desirable compensation. Furthermore, the over-saturation of loan signing agents in numerous geographic regions creates significant economic strain on the forces of supply and demand. Nevertheless, the concept of economic equilibrium provides a crucial counterpoint. This principle suggests that loan signing agents, when they fully understand their business expenses and required profit margins, will actively work to establish fair fee structures. This necessitates the application of strategic pressure to compel signing services and title companies to implement compensation structures that not only accurately reflect the essential rates required for the long-term sustainability and profitability of operations within the loan signing agent industry, but also take into account the escalating cost of living. The prevailing fee structures, as they currently stand, are demonstrably insufficient and ultimately unsustainable for building a viable, enduring business.
Goodjob
Good job Johnson like your comment but people don’t listen. Clapped don’t a few times for being blunt.
Excellent Synopsis 
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