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November 18, 2024, 4:35pm
2
@Sophianotaryservices Truly, the essence of the difficulty is that those who are MARKETING the launch for a business of this nature DON’T tell their clients (you ) about the challenges, downturn in the market over the past several years, how many start and then quit because they aren’t receiving orders , etc., etc., etc. . . .
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I could tell you that there are THOUSANDS of threads immediately available within the Notary Cafe database that will provide ANYONE ( this is a Public forum ) with insights about how bad things are now for anyone already experienced & established as a business owner, but most refuse to accept the Truth & only want to believe the “sizzle” they’ve been sold . . . but, no steak.
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Here are the Survey results for income in 2023 :
chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://www.nationalnotary.org/file%20library/nna/download/nna-2023-notary-survey-results.pdf
Here’s the previous one:
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You can Research the forum database by accessing keywords including many of the words utilized in your post . . .
In case you have some time on your hands, here are a few unadulterated threads providing the Truth (just to get you started . . . ).
To preface this, I’ve been a lurker on these forums for quite some time and I’ve noticed a ton of expectations lately that seem too unrealistic. I’m a NSA out of Michigan and have been one for the past 7 years. I usually pull in at least 8k worth of business every month but it takes a LONG time to get to that point. I see a ton of newer notaries looking to make fast money or expecting SS or TC to come to them over seasoned notaries while they have very little experience.
A few tips that I’d sug…
@Sunpeaches11 Based on your website, you’re located in FL.
If you’re seeking the unadulterated truth in a response to your query, then please read onward.
If, on the other hand, you’re seeking sugar-coated, misleading, & prevaricating statements, then by all means, please SKIP the remainder of this Reply . . .
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STEP 1: There’s a paradigm shift that needs to occur when one charts their course to become a Business Owner by moving away from being an employee. If you’re CERTAIN that yo…
To @chelle1024 and to all those who may not be cognizant . . .
It truly is contingent upon the saturation of professional signing agents [PSAs] in your Service Area.
So, the alert you’re referencing is normally only blasted out to specific target areas where the PSA saturation is high.
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I’ve shared multiple times over the years to calculate your individual cost of providing your services so that you have firm knowledge of how much it will cost you to provide those services. Ergo, yo…
@naomI & all Notary Cafe members new to this business sector . . .
When accepting a Signing Order [SO], for your own financial livelihood, you owe it to yourself to perform the due diligence of calculating the Costs of Providing Your Professional Services.
Here is a thread that you’ll find insightful as well as helpful for performing your own calculations:
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If on the other hand, you happen to be not-so-great with numbers . . . reach out to a friendly local tax preparer/CPA for insigh…
I’m doing this business for 6 years and it was pretty interesting, at first. The pay was not out of this world but OK. Then, interest rates went down and work was plentiful. Then, COVID hits and you know the rest. These platforms are easy for the customers to use & I’m sure they’re costly. The notary, who is the backbone of the business activity is now squeezed by just about everyone, with the constant threat of being blackballed by the platforms. Loan signings and modifications has become…