Here is a list of the companies for whoom I made the job but was not paid. Please let me know if you have had a similar experience and what you did about it.
I did contact all of them multiply times but they have never responded.
Notarized Inc
Archimers, LLC ( I worked with them before with no issues but the last order went unpaid)
Signing Agents
Notary Network
NAT USA
It seems like lots of people opened small LLCs trying to get easy money as middle people and fail to pay, then they close LLC and open new ones.
No experience with any on your list, but do agree with your last sentence. We can thank LSS for encouraging that.
Long ago, a very wise lady (Sylvia/FL) owned a regional SS and was very helpful to all. Her response to someone asking âhow can I do what you doâ was an enlightenment that is no longer provided: âHave $60,000 in the bank before you even think about it because youâre going to have to pay your notaries immediately and wait to get reimbursed by your clients as they usually only issue a check monthly.â That advice was so long ago that, with inflation, Iâd say double or triple that amount is more appropriate today. These newb SS (and a goodly number of known old ones) are working on the basis of 'when I get paid, you get paidâless whatever expenses I have and however much of your money I want to keep for myself".
Sometimes I accept an assignment for $100-125, call the signer, print, drive, spend an hour for signing, drive back, scan 170 pages, wait for a confirmation, drive to FedEx which is never on the way, but ALTA says ânotary payment $300â payable to the signing agency. And I feel so embarrassed and humiliated.
I have a list of the companies who do stuff like that and I donât accept any offers from them anymore.
Once I tried to confront one of them but they said âWe pay $15 to snapdocks , we contact title companies, etcâ. Such a â Poor thingâ. I told them they did not have to do such a hard work going through all that trouble, and, believe it or not, but the title company would find me without their help anyway.
Like Arichter, I too have heard of those companies and, because of what Iâve heard (all negative), have managed to avoid working with them.
People, get real! Just because you receive a signing offer â text, phone call, email, etc. â you donât have to accept it. Do your due diligence and research. If you read mostly negative reviews, youâll more than likely get the same results. Youâre not special. Those low pay/slow pay/no pay companies have their MO down pat. They harvest newbies (who may not have heard of them). They may pay them for the first 2 or 3 just to string them along. Then, BAM!! Crickets. The funds for those files that you got paid for came from the backs of your fellow notaries who did not get paid. You know: Rob Peter to pay Paul.
The question is always asked: How can they still be in business? Well ⊠those notaries who accept working with them keep them in business. The notaries may not be getting paid, but the sleezeball company is getting paid and keeping those monies.
Wake up! If you happen to accept a signing and then find negative info about that company, turn it back. Unless, of course, you like giving away your time, your expertise, your supplies, your vehicle and all expenses associated with vehicle and office equipment.
This precisely mirrors what I regularly share on the Notary Cafe forum in a professional effort to help other members avoid the pitfalls; however, not all learn vicariously . . . (see example post in direct Notary Cafe url link that follows)
Accessing the database to locate information about potential clients has saved many of us an inordinate amount of time âchasingâ payments for Services professionally provided to potential non-payers . . .
Fees and figures on a ALTA - Alta is a good faith estimate. The Closing Disclosure isnât our business I am always surprised when a notary says they read applications like thatâs their business. None of that is my business at a signing.
Anyone expecting 100% of any notary fee listed hasnât been around very long time or has a poor understanding of reasonable expectations.
I did one for signing agents. 7 weeks. No phone numbers and email is unresponsive. So, today, i called the attorneys who originated the paperwork and left a message.
Notarized and @Signing Agents have both been slow to pay me, but Iâm persistent and get paid because Iâm that [Redacted - NC admin] who wont let up. Notaroo is another one (reverse mortgages) that is slow to pay. You think you work hard for those small fries, try printing a huge package and sitting through stories because elderly are lonely, then they often make mistakes and need to do things over, then scanbacks. Notaroo sent out a couple offers last week that I counteroffered with amounts that would make it worthwhile and didnât get hired. Be careful out there.
What do you mean âread applications like itâs their businessâ? Of course I read all applications because I go through ALTA with clients line by line.
Secondly, Iâve never said I was expecting 100% of fees charged. I was saying I would get $125 out of $300 - please read prior to come up with rude replies. Itâs not necessary to reply at all (by the way).
That difference in payments is never that high when I deal directly with the title companies. Sometimes, there is not any difference at all.
Hahaha. Good for you! I wish I would have that â[Redacted - NC admin]â side in me.
And yes, I am totally agree that this job takes more than just signing.
an ALTA isnât an application. Neither is it a closing disclosure. An Alta is an estimate. Thereâs no reason to go through it line by line since itâs not the final numbers which are in a closing disclosure. Itâs not rude to suggest people have unrealistic expectations.
An ALTA estimate of notary fees is never a final notary charge. [Redacted: NC admins]
@johnsonps306 ALTA stands for âAmerican Land Title Associationâ. The form youâre referring to as an estimate is the Good Faith Estimate prepared at time of application, which is a preliminary presentation of possible charges on a loan.
The ALTA Settlement Statement and the Closing Disclosure are one and the same document.
" What does ALTA stand for in real estate?
ALTA is simply the acronym for American Land Title Association, which is basically the national associate for title insurance companies, escrow companies, abstract companies, and settlement services â depending on where you are located in the United States.
ALTA is the organization that provides the ALTA statement and helps title agents adhere to new regulations."
