By Mark Wills - Course Instructor of the Loan Signing System, Forbes Real Estate Council Member, and Best-Selling Author
Step out of your front door — each and every building you see needed a notary public. Literally. Not a single home closed WITHOUT one.
Now I want you to take a guess... how many of those homes would you say have a mortgage? And how many will be sold again or refinanced in the future? The answer is almost all of them.
And a notary public loan signing agent makes $75 to $150 on every last one.
That's a ton of business for a notary public who becomes a loan signing agent.
Here are some numbers I want you to think about:
There are 13.9 million homes in the state of California... but only 160,000 California notary publics. And of that 160,000, only a fraction are educated loan signing agents. But even if they were, there are still WAY more homes than there are notaries! Ratios similar to this one exist in most states across the nation.
So why does this matter?
Because it shows that the notary loan signing business is one of those rare industries in which the client (escrow officer, mortgage officer, real estate agent, etc.) needs a loan signing agent more than the loan signing agent needs them.
About the Author
Mark 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.