The notary fees are first paid to Title. Title decides the lowest possible price for notary services in some very saturated markets. The difference is pocketed by Title. Until Notaries refuse to take low ball engagements don’t expect things to change.
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Signing services get paid a fixed fee by the title companies, as agreed to in their contracts. Therefore, higher gas prices don’t increase the fee that the signing service gets. Therefore, the signing services don’t raise the fee that they offer the notary. They probably wouldn’t anyway, even if they did get more money. It’s up to the notary to decide what fee they’re willing to do a job for. The only way that signing services will willingly increase fees is if notaries don’t accept the low fees that they’re offering. That’s Business 101. Unfortunately, there is almost always a notary out there who will take whatever is being offered, no matter how low.
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