Hello everyone. I am a RON notary in Virginia and started doing RON work in April pf 2020. I checked out a number of platforms and settled on Notarize and DocVerify. It is true that DocVerify can be expensive but I tracked my expenses and found that I had cleared over $3000. That was because I was able to handle about 30 individual requests that had multiple notarizations in their set of documents as well as Title clients I have had over the years who are slowly coming onboard with RON closings for seller side transactions. Virginia allows electronic notaries to charge $25 per notarization. DocVerify is designed for the individual notary to handle their own RON business so you will have to generate your own clients.
It’s also true that Notarize doesn’t pay what you would make through DocVerify but they handle all of the technology that you pay for on DocVerify plus they supply you with the customers so you are doing volume business. I have already handled over 4300 notarizations in the past year using Notarize. I average around 25 notarizations per day and Notarize will be coming out with a program where you can bring your own clients onto their platform and you will be able to make additional income through that feature.
It has been a good move for me to switch to RON. I have eliminated over $300 a month in expenses of toner, paper, drums, auto expenses, etc. that I had as a mobile notary. And I am positioned for growth in an area that is quickly becoming the defacto way of notarizing documents. I have yet to have a complaint from anyone getting a document signed electronically because they love the convenience and my title companies love the fact that they are getting their package immediately after the closing is finished. I don’t plan to go back to paper at this point.