People need to know certain powerful entities keep Signing Agents stuck underpaid since 2008’s industry collapse along with disrespect for their work. Not only do these entities keep pay around $85-$125 but they expect more of SA’s time filling out information on their databases that’s a genuine skill given free to them against SA’s will.
— No longer are SA’s sent the docs overnight by FedEx prepared by the title or escrow companies with flag stickers or post its.
— Prior to the real estate collapse in 2008, Signing Agents made hoards of money as much as $400 a day (not me). Greedy entities later came in to reduce SA’s incomes dramatically.
— Notaries accepted these changes in 2008 but NOT to the further losses in SA services by ignoring inflation the past 15 years!
— The entities benefited from agencies rather than SA’s so the focus was on their comfort and profits over SA’s. Notaries were stripped of per notary stamp payments allowing a depressing wage of overhead costs for materials like paper and printing costs for instance.
— I noted cruelty from certain agencies that one would actually investigate my signing due to its agent’s mistakes she dumped on me as her scapegoat.
— In 15 years there’s been no forced inflation based changes in SA fees the agencies could care less about. Yet the Title and escrow companies have profited on higher home prices more than ever!
—- I’ve noted agencies I used in 2010 have kept their SA fees the same at ($85-125). Inflation is completely overlooked in the process. I’ve even seen $65 fees to drive to wealthy Tiburon from San Francisco for a purchase a couple years ago! This is a form of slavery!
This is a greedy industry that treats SA’s with tremendous disrespect for our time, knowledge and labor. Whatever changes were applied after the collapse wasn’t good for SA’s as being just another slap in the face.
