Offer Fees Reached a New Low

Well, yes and no. The recession may explain lack of orders, but does not excuse lowering the prices offered for the same amount of work, recession or no.

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Signing companies will bang notaries for lower fees when times are slow…thats my experience, especially the smaller signing companies. With interest rates at 7% and higher, expect this market action for notaries for a while. Its probably worth exploring direct contacts to title companies.

This company is very low ball, but I must say pretty good at paying once you strike a deal. I got an offer recently for $75 for a refinance, and I actually asked them if it was a joke. They upped the offer but never got to a level that was workable for my territory which is rural and high overhead. I hope nobody is desperate enough to accept these lowballs as it is self-defeating in the end.

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