|
By Mark Wills - Course Instructor of Loan Signing System, Forbes Real Estate Council Member, and Best Selling Author
I’m frequently asked, “Mark, how do I get the highest paying notary loan signing jobs that pay $125 to $200 directly from escrow officers, mortgage officers, and real estate agents?”Getting Loan Signing Jobs From Signing Services Is Easy!
Some notary loan signing agents absolutely love signing services and databases. The idea of prospecting for business terrifies them. Being in a database like Snapdocs or 123 Notary means that they simply get a phone call or text directly to their cell phone and a signing appointment falls in their lap. They are beyond happy to split the signing fee for this very reason.
However, the drawbacks of getting loan signing jobs directly from notary signing agent databases and loan signing service companies is you have to split the fee, so you're only getting paid $75 to $100 per loan signing job. You also have less control over how many signing jobs you get. And you actually have higher expenses because you have to print the loan documents yourself from your home. That's why there are notary loan signing agents who discover how to bypass signing services and get loan signing jobs directly from the source: escrow officers, mortgage officers, and real estate agents. They would much rather put in a little effort up front so they can make $125 to $200 per loan signing instead of splitting the fee with the middleman and making only $100 or less for the same exact work. But… Have you ever wondered why signing agent training courses do not teach signing agents how to market yourself directly to the source of loan signings? How come there isn't one certification that teaches you how to get signings directly from escrow officers, mortgage officers or real estate agents?
By Mark Wills - Course Instructor of Loan Signing System, Forbes Real Estate Council Member, and Best Selling Author
If you are looking to try to get more notary public loan signing agent jobs, read this blog!
I’m constantly emailed this comment from loan signing agents looking to get business from mortgage professionals — “Mark, I've dropped off business cards at numerous escrow/title companies, mortgage broker offices, and real estate offices... and I spend a ton of money on marketing materials but never get a phone call back with more loan signing jobs. Can you help me please?”
While my best marketing techniques are in my Loan Signing System course, in this blog post I’ll tell you why spending any money on marketing materials is pointless and why dropping off business cards is the biggest waste of time for notary loan signing agents. I'll also cover what you can do to get more loan signing jobs instead. So let's start with why simply dropping off business cards to mortgage professionals doesn't help you get more loan signing jobs.
By Mark Wills - Course Instructor of Loan Signing System, Forbes Real Estate Council Member, and Best Selling Author
I'm frequently asked, "how much do part-time notary loan signing agents and full-time notary loan signing agents make on a monthly basis?"The Notary Loan Signing Agent "Side Hustle"
Becoming a notary loan signing agent is one of the best part-time income opportunities.
Being a notary loan signing agent as your "side hustle" allows you to start part-time with no experience, work your own hours, and make great money! In fact, Joshua Dorkin, the CEO of Bigger Pockets (the most downloaded real estate podcast in the United States) said "this is one of the better side hustles" he has seen in the real estate industry. That's certainly good news to hear straight from the mouth of such a credible entrepreneurial source. But just how much money can you make per month as a part-time loan signing agent? And if you wanted to go full-time, what is your income potential? This blog will answer those questions for you. Notary Loan Signing Agents Make $75 to $200 per Appointment
The monthly potential income for a notary loan signing agent varies significantly depending on how you get your loan signing appointments. To learn more about this, check out my other blog that explains the difference, but to summarize — notary loan signing agents who typically get loan signing jobs offered to them automatically through loan signing services are paid between $75 and $125 per signing appointment.
Notary loan signing agents who primarily get loan signing jobs directly from escrow offices earn much more — between $125 and $200 per signing appointment.
Read my blog on the differences between the two ways of getting business.
To understand the income potential of being a loan signing agent, let’s assume that the average fee you would get for signing service appointments is $100, and $150 if you received those appointments directly from escrow offices.
By Mark Wills - Course Instructor of Loan Signing System, Forbes Real Estate Council Member, and Best Selling Author
Would you like to be the #1 choice when someone is looking to fill a loan signing job so you can make more money as a notary signing agent?
If so, this may be the most important blog you'll read yet.
So, what exactly is the key to making more money as a notary loan signing agent?
It’s very simple — you stand apart from every other notary loan signing agent.
But how? How do you separate yourself from every other notary loan signing agent, especially when almost everyone in the industry has the same education? What I'm talking about here is the NNA — or, formally, the National Notary Association. The NNA is a fantastic and respected organization! They have helped more applicants become notaries than any other provider and continue to serve as a great resource for obtaining and renewing your notary commission. Think about it, though... essentially every single notary loan signing agent who takes their business seriously is NNA Certified. And therein lies the problem. If nearly every single notary signing agent is NNA Certified, boasting that qualification doesn’t set you apart or make you unique… on the contrary, it makes you just like every other notary signing agent.
By Mark Wills - Course Instructor of Loan Signing System, Forbes Real Estate Council Member, and Best Selling Author
A common question from notary loan signing agents is, “what can I say during a loan signing appointment... when answering the borrower’s questions, how much detail can I go into?”
This is a highly-debated subject for notary public loan signing agents.
The reason this is such a hot topic is because, first and foremost, many state laws prohibit notary publics from giving advice or performing any duties that may be construed as the practice of law — particularly as it relates to legal paperwork such as a set of loan documents. Federal regulations aim to prevent people from giving financial advice as a mortgage originator unless they are licensed as such. This is why you may frequently hear well-intentioned people say things like, 'by law an NSA [notary signing agent] should not be providing a description of any closing documents other than where the borrower should be signing.' But is that comment really true? This blog will help clarify. What is an Attorney State versus Escrow State? And How Does that Impact Notary Loan Signing Agents?11/8/2019
By Mark Wills - Course Instructor of Loan Signing System, Forbes Real Estate Council Member, and Best Selling Author
I'm often asked, “What is the difference between an escrow state and an attorney state as it relates to notary loan signing agents?”
But before I can answer that, let’s first define the difference between an escrow state and attorney state (also known as a 'no-escrow' state).
Put simply, in an escrow state, an escrow company directs the closing of a real estate transaction. Whether it be between a buyer and seller or a lender and borrower, the escrow company is the neutral third party playing quarterback to the transaction. One of the many duties of the escrow company in a real estate transaction is choosing where to outsource various components of the closing process — including the loan document signing appointment and which notary loan signing agent to hire for it. In an attorney state, an attorney takes the place of the escrow company. It is an attorney who facilitates the closing process and either acts as the third neutral party or represents the buyer or seller. However, the main difference between the attorney and the escrow company is that a large portion of the closing process is handled in-house. So what does that mean for notary loan signing agents?
Watch the first half of my mock signing. I show you exactly what occurs when I go through a loan signing with a borrower from front to end. This full video is available as a bonus item in the Perfect Signing step-by-step video as part of my Loan Signing System Course.
The full video also includes the rest of the walk through where I reveal my 3 secrets that guarantee you a more accurate loan signing in less time. Click the button below to learn more about Loan Signing System's five star-rated online training course!
By Mark Wills - Course Instructor of Loan Signing System, Forbes Real Estate Council Member, and Best Selling Author
Education Is The Key To Success In Any Business.
I know I’m not saying anything groundbreaking here. So why I am bringing this up?
Because people often reach out to me and say things like "I'm already NNA certified," "I've been a notary loan signing agent for 10 years," or my favorite — "I've done over 500 loan signings so I don't need your course." What?!
It is well documented that Bill Gates, one of the richest men in the world, reads on average 50 books a year… every year.
Saying you don't need a notary loan signing agent course simply because you’ve taken another course would be like Bill Gates saying he doesn’t need to read another book because he’s already read a few. Or like a doctor saying that once she graduates medical school, she should never continue taking medical education classes.... or an athlete who has been coached all through high school saying he doesn't need any more coaching in college. Stopping the educational process at any point in life doesn't make sense... or dollars.
Nothing is worse than hearing a notary loan signing agents say there is no loan signing business out there for them.
That just isn't true!
The first thing you need to understand is that notary loan signings are booked around the borrower's schedule — NOT the notary loan signing agent's schedule. Because of this, multiple requests for loan signings come in constantly. And even the best notary in the world can only be at one signing at one time!
Here's a perfect example:
By Mark Wills - Course Instructor of Loan Signing System, Forbes Real Estate Council Member, and Best Selling Author
I am frequently asked why notary loan signing agents are paid anywhere between $75 and $200 per hour-long appointment.
What is a Notary Public Loan Signing Agent?
A notary public loan signing agent is a notary public who walks a borrower through a set of loan documents when they purchase or refinance their home. A loan signing agent ensures that the borrower has filled out their mortgage paperwork properly — making certain each document is signed, dated, or notarized appropriately.
And here's the best part... As a loan signing agent, you don't get paid an annual, monthly, or hourly salary, you get paid (typically between $75 and $200) for each loan signing appointment (or job) you complete. And with the right training, it usually takes about an hour to walk through the documents with a borrower from start to finish. Boom. Job done.
|
About the AuthorMark Wills is the course instructor of the top rated Loan Signing System agent training course. He has been an active professional loan signing agent for nearly 20 years and owns a loan signing service that does thousands of signings a year. 
Archives
January 2020
|
Call, chat, or email me with any questions! 9AM to 5PM Pacific
Email: mark@loansigningsystem.com
Call: (619)878-3431
Chat: Click the Orange Help Button On This Page
Or Find Your Answer: Click Here to Access Our FAQ Resource Guide
Email: mark@loansigningsystem.com
Call: (619)878-3431
Chat: Click the Orange Help Button On This Page
Or Find Your Answer: Click Here to Access Our FAQ Resource Guide
|
 |
|
© 2016-2020 Loan Signing System, LLC. All rights reserved. Loan Signing System is a comprehensive step-by-step course created to help notary publics become expert loan signing agents. Loan signing agents can make $75-$200 per appointment and an appointment for a well trained loan signing agent can take about an hour.
Loan Signing System seeks to provide relevant training to help loan signing agents learn how to complete a loan signing and to get more loan signing jobs / appointments. This training is not intended as legal advice or state / federal notary public training. Check with your state to be sure that loan signing agents are utilized in the closing process. Always follow your state's notary laws and best practices. Unless explicitly stated, Loan Signing System is not sponsored by, endorsed by, or affiliated with any company referenced herein. No guarantees, promises, or warranties of any kind are being made or should be understood to be made. Results may vary. Our courses come with a 100% money-back guarantee.
Loan Signing System seeks to provide relevant training to help loan signing agents learn how to complete a loan signing and to get more loan signing jobs / appointments. This training is not intended as legal advice or state / federal notary public training. Check with your state to be sure that loan signing agents are utilized in the closing process. Always follow your state's notary laws and best practices. Unless explicitly stated, Loan Signing System is not sponsored by, endorsed by, or affiliated with any company referenced herein. No guarantees, promises, or warranties of any kind are being made or should be understood to be made. Results may vary. Our courses come with a 100% money-back guarantee.