Let me be honest with you about what I’ve learned about being a NSA in these 6 months. This whole loan signing business has a terrible business model. The SS most definitely has a very bad business model especially for doing business with notaries. And the majority of notaries do not have a business model at all.
The structure of the way it’s set up is to take advantage of notaries by making them sign agreements of how SS wants to control the notaries and dictate and offer low ball fees first without inquiring what the notary’s fee are first. And… if they are too high some have the audacity to ask you to lower your fee to get their business. They put you on a rating and review system like employees and if you have a low or bad rating they won’t use that notary, making it difficult for a notary to get more business. There is too much control over the independent contractor.
It really should be the notaries creating and sending the SS agreements of our terms on when we want to be paid and we give them our fees.
So because this has been going on for decades with the SS their business model probably will never change.
There is no way around it unless a notary accept their low fees to get their business or keep negotiating your fee. How long will that take before they accept your fee? .
I personally have moved on and I’m not doing it anymore.
This is just my observation and my opinion.
God bless you in your business.
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