It’s quite possible that the company made a mistake and placed the decimal point in the offered fee is in the wrong place; it seems like a very low price for the number of notarizations being requested.
Normally, I don’t get that kind of detailed information. This one that provides that level of detail pays $70 for 30 notarizations in a state where notarizations normally pay $15 each. Oh, the irony of it all
@steves11, quick question: Is this a loan signing or just regular notary work? The type of job makes a big difference. Most of my experiences the lenders/title companies bundle the notarizations when they quote a fee. I haven’t come across signing gigs that pay by the number of notarial acts. On the flip side, people asking for general notary stuff never quote me a price; they always ask what I charge. I totally agree with you, “Oh, the irony of it all”
@steves11 Hmm? Signing Services should know better, but since they’re just the middleman, they’re only out to get paid, not worried about us making money.
In loan signings, I am rarely informed of how many notarizations are included in the package. However, in GNW, I ALWAYS ask how many signatures (not documents) are required. In Calinutia, we are permitted to charge up to $15 per signature so it is easy to quote the fee.
Just pay attention to the nature of the job and charge accordingly and in keeping with your state’s laws/regulations. And if you don’t know how many notarizations you’re in for - ask. You’re absolutely entitled to the full permissible fee and you can always discount if you feel it’s appropriate.
Sounds like on of those online will and trusts thing. I did one for a friend. My stamp about ran out of ink. A lot of documents and most have a notary stamp and 2 witnesses.
There are a few notaries in the Louisville KY market accepting refis for $60 and sellers for $45. I am assuming that are fairly new notaries who will be surprised when they see what they have to pay in taxes, paper, gas and computer supplies for the year. In addition, have a local company paying these same fees and then they don’t pay the notary for almost 90 days. When I see signing services with these fees and remittance terms, I always consider that they are having a difficult time financially and will eventually not pay the notaries.