A notary signing agent earns up to $150 per hour closing real estate transactions for a nationwide signing service. The work involves meeting clients to finalize mortgage documents, with most appointments lasting one to two hours.
Excuse me. Can I ask you what you do for a living?
I own a nationwide signing service.
What exactly is a nationwide signing service?
We are a company that works with escrow companies and lenders to close real estate transactions all over the country.
And who are you hiring to close these transactions?
We hire notary publics.
How much are they making per transaction you hire them for?
For every transaction, they could earn anywhere from $50 up to $150.
And then how long do these transactions take the notary to complete?
Anywhere from 10 minutes to an hour.
Let me get this right. So for an appointment that takes 10 minutes to an hour, you're paying them anywhere from 50 to $150. Did I hear that right?
That's correct.
And how many notaries did your company hire last year?
We easily hired thousands of notaries every year.
How are you finding the notaries to hire?
I have platforms that I use to vet and hire the notaries for my transactions so I can make sure that they're qualified.
Would you say there's a shortage of good notary public loan signing agents across this country?
There's definitely a shortage. We need better educated notaries to close our deals.