I don't know about you guys and gals, but I have been getting flooded with e-mails to advertise on various Notary websites. These sites seem to be popping out of thin air. They all appear to be offering xyz if you pay this, and for this price you get this, oh if you do pay this you will be listed for a lifetime or on the premier listing.
There is a new trend in which Joan spoke of regarding Signing Companies asking Notaries to Bid for Work....Beware! These companies use a grading system to leverage who they can get to do their closings for low rates. If you give the lowest rate you will get called, however if you quote a rate that is more suitable for what is required of you then you are placed in least used pile. When you are approached by companies of this nature you should always inquire about what thay are asking you to do prior to just quoting a price. (# of docs in loan package, check the mileage,etc.) Remember, your operating costs are involved.
Another trend involves Signing Companies asking notaries to pay a fee in order to obtain work from them. Some will say you have to pay a percentage for every closing you are assigned or pay a whopper of a fee upon joining there network. They will say this fee is need for our operating cost, well, your questions should be "Why are you in business?' Aren't you getting a percentage from Title to locate a Notary for assignments?" and the line of questioning goes on. Why anybody would want to pay for work is just outrageous to me because it is not a fair playground. You would be allowing this company to get paid twice, once by you and by the title company. Actually, three times, if you count your operating cost incurred and time.
Do not believe the hype. Many of these companies do not honor their offerings, not unless you threaten to report them for email fraud with their local attorney general and the FBI. LooK to see how long these agencies have been in business, check BBB, the D&B, review blogs.
This is not true of all of these sites, there are some that are true to their word. These companies have great reviews and stong honest ethical standards.
Practice due diligence and research these companies before paying them your hard earned money!!!
Unfortunately when times are tough and people are struggling these companies are there to take advantage of the situation.