Notary signing agents make $150 an hour in real estate, and there's a shortage of qualified people to fill the roles. Signing service owners explain how notaries get hired, what the work involves, and why demand is so high across the country.
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How much are you paying these notaries for an appointment that you're hiring them for?
I pay them 100 bucks for every transaction.
They could earn anywhere from $50 up to $150.
$100.
Typically between $100 and $125. And it takes about an hour to complete the signing?
Typically about $100 to $125.
You're paying notaries $100 for an appointment that takes about an hour max. Can I ask you what you do for a living?
Yeah, I'm a full time signing service owner.
I own a nationwide signing service.
I own a nationwide signing service and.
I help notaries find jobs.
What exactly is a nationwide signing service?
With escrow companies and lenders to close real estate transactions all over the country.
I'm the one that's going to connect them with a good notary that I know. I'm the middleman.
How long do one of these transactions take?
Anywhere from 20 to 40 minutes.
It takes about an hour to complete the signing.
For a buyer package, that takes what, 35, 40 minutes max. And that's us taking our time. No rush.
$100. And how long one of these appointments take a notary?
No longer than an hour. You can do it in 30 minutes.
Honestly, 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. That is correct, yeah.
That is correct, yeah.
Amazing. How many notaries did you hire last year?
Thousands.
Thousands. We easily hired thousands of notaries every year.
How do you find the notaries to hire for these transactions?
So I go through a database and I look at their credentials.
We have a database of notaries.
We have a database of notaries in each state.
I will locate the notary closest to.
The buyer or seller.
Whoever's signing whatever notary is the closest. That's who I usually pick.
I Look, they're within 25 miles between the signings, so I don't want them to drive too far.
You're going to pay a notary anywhere from 50, 75, $100 for an appointment that takes about an simply because they live closest to that location?
That is correct.
Talk about the picking of the actual notary.
I look at their credentials. It's important that they have the credentials with a photo up there so I can see who they are.
I necessarily look for notaries that have specific certifications and I prefer the loan signing system certification. And if they have that, I usually hire them on the spot.
My number one thing that I look for in notaries, if they're loan signing.
System students, I just make sure that they're recent reviews and I look for things like communicative and that, very detail oriented and I make a call and that's it.
Would you say there's a shortage of good notary signing agents in America?
Very few people that I know that I can rely on, so please sign up for the loan signing system. We need to raise the quality of notaries.
Oh my gosh, there's such a shortage. I'm like, there's a lot of notaries, but there's not a lot of good ones. We need good notaries. Please apply.
There's definitely a shortage. We need better educated notaries to close our deals.
Yes, there is a shortage of good notaries. Yes.
Do you think that there's a shortage of good notaries across America?
I do. I definitely do.
Absolutely. There's always the need for notaries.
Absolutely, absolutely.
We're always looking for good notaries to join our team.
Please, I need you.
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