I have been thinking alot about the real estate market and my notary signing agent business. I know many people in my area that have gotten out of it and had to get different jobs. I have turned down many signings in the past week because they only want to pay me $75 which included e-docs. Why is it the signing agent has to reap the loss as the prices of gas, paper, etc. increase. We are one of the most important parts to the loan; as we are the last contact they have before the loan actually happens. We do all the printing, driving, etc. and we are now being asked to cut our cost by $50. My time is more precious than that.
I took time to figure out my wage if I took the job 27 miles from my home for a standard refinance; including all my fees, mileage, and time. I would make less than $12 per hour. How is that fair! I just wish all the other notaries out there agreed with me and we all charged the same! Then, The mortgage companies, title companies, and signing companies would have to pay a certain fee or they couldn't find a notary to do the job.
I can guarantee when you take a job for a lesser amount, you can see on the HUD the signing company or title company isn't taking a hit! It just chaps my hide to hear the same sob story from these companies that are trying to hire me that they can't pay my fee.....
Well, I guess I won't work for them! Or, when they can't find anyone they will call me back. Especially when they realize how good I am!!!
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