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Charging extra for Sunday closings

By
Services for Real Estate Pros with Mobile Notary Services

Like many notary signing agents, I do this full time, and am available to do closings 7 days a week.  My fee is basically the same, whether the closing is on Monday or the weekend.  I'll charge an additional fee for long distance travel expenses, if applicable, but that's the extent of my extra fees.  In short, I don't feel the need to 'nickel and dime' my clients for every thing I do.

Apparently not everyone feels this way. 

I came across a profile on one of the notary signing agent websites (SigningAgent.com).  The signing agent posted a lot of exorbitant fees and extra charges for various services.  It's her business.  She can charge whatever she wants to charge.

SundayHowever, one fee that stood out in my mind was the $25 extra that she charges if the closing is on a Sunday.  Again, it's her business.  She can run it the way she wants to.  But I can't understand why the extra charge for a Sunday closing.  Granted, a lot of businesses pay their employees extra for working overtime, weekends, and holidays.

 

But we are not employees.  We are independent contractors. But moreover, we are in the business of serving people, and doing our best to accomodate them.  And we don't charge extra if a closing happens to conflict with what we would like to do, or if we have to stay out past our normal bedtime.

Suppose the closing is scheduled for Saturday, and the borrower has an unforeseen emergency and asks the lender if it can be done on Sunday?  Should the signing agent go back to the company that hired her and demand an additional $25 dollars?  I don't think so.

Perhaps Sunday is the only day the borrowers can sign their loan documents.  I just think it sends the wrong message when signing agents feel they should receive extra compensation ... because the closing is on a Sunday.

 

Comments(3)

Joel McDonald
Joel McDonald -- www.AutomatedHomefinder.com - Castle Pines North, CO

I don't know Leon.  I don't see the harm. 

Just because some independent contractors choose to work 7 days a week, that doesn't mean everyone else has to.  Some choose not to work at all on weekends, and others might add a surcharge.  That's the beauty of being an independent contractor - we can each set our own rules (to a certain extent) and if the public doesn't like it, they can always find someone else...

Dec 11, 2008 02:57 AM
Joel McDonald
Joel McDonald -- www.AutomatedHomefinder.com - Castle Pines North, CO

Upon further thought, if everyone else is charging all of these extra "nickel & dime" charges & you're not, it seems that you could advertise that point of differentiation.  It seems to be working quite well for Southwest with their current massive advertising campaign about "no extra fees" when "all of the other airlines are doing it".

Dec 11, 2008 03:02 AM
Leon Austin
Mobile Notary Services - Colorado Springs, CO
Colorado Springs Mobile Notary

Joel, like I said, it's her business, and she can do whatever she wants.  I would never charge a title company or signing service extra for a Sunday closing.

 

 

Dec 11, 2008 03:06 AM