If you're a real estate agent, you have the ability to create a huge additional income stream by becoming a notary public loan signing agent.
Because you have the easiest transition into the loan signing business. And since you're already in the industry, learning how to do a loan signing is easy and seamless.
But even more importantly, you have easy access to the two people who have the most loan signings to give you: escrow and mortgage officers!
Allow me to explain.
As a real estate agent, you are at the top of the food chain because everyone in the industry wants to win YOUR business.
Think about it, at every real estate networking event, the real estate agent is the prize attendee. Whether it’s a home contractor, real estate attorney, or insurance agent, ears perk up when they find out you’re a real estate agent. But there are specifically two people that are dying to meet you and can also give you loan signing business immediately: loan officers and escrow officers.
Why do they want to meet you so badly? Because:
It's knowing these facts and learning how to leverage them that will allow you to get the signings you want to supplement your income.
If you are already a real estate agent, you can make a lot of money being a loan signing agent because the people that want to work with you have loan signings that they can give you.
Hopefully, a light bulb just came on!
Understand that escrow officers and mortgage officers dictate which loan signing agents to use on their signings.
The key to getting signings from escrow officers and mortgage officers is learning exactly how to leverage your real estate business the next time you meet a loan or escrow officer. Remember, they are trying to win YOUR business and will do anything to make that happen.
Let’s take a loan officer, for example.
The next time you meet one, simply say, “I’ve been looking for a reliable mortgage officer to refer buyers to...someone that can close in a timely manner.”
They’ll talk themselves up, then they’ll offer you their business card.
At this point, you will give them your real estate agent business card and you will ALSO nonchalantly give them your loan signing agent card and say, “I’m looking forward to working with you on my next deal and, oh, if you ever need an expert signing agent, I do signings too.”
And boom, you’re in!
Do you think they will give you their next signing?
Of course they will!
They are trying to win your business and what better way than to win your business than by giving you loan signings?
Are you picking up what I am putting down? It is too easy for agents.
Understand, you can notarize any document that you do not have a financial interest in. Which means you can do any signing for a deal that isn't yours.
It works the exact same way with escrow officers. An escrow officer’s lifeblood is new escrows to close. And what do you represent to an escrow officer? You represent the potential for a flow of future escrows through your real estate business. And just like a loan officer, they will do whatever they need to do to win your business.
Tell the next escrow officer you meet that you’re looking to work with a good, reliable escrow company. Their ears will perk up. Then let them know you also do loan signings! It's that easy.
Escrow and loan officers already do what it takes to win your business. It usually includes office lunches, handing out gifts, or hosted happy hours. But once they find out you do loan signings, they’ll give you signings instead. The best part is that it doesn't even cost them a dime to do so!
Escrow officers can specifically choose whomever they want to sign their docs. Why shouldn't it be you?!
If you are a real estate agent, you should have been a notary signing agent years ago. It is the easiest part-time money you can make.
At the minimum, if you are an agent who is also a loan signing agent, you should be doing all the signings in your real estate agency’s office. Do the math, how many closings does your office do a month? Then multiply that by $150. That's the extra money you can make each month.
And the best part about becoming a loan signing agent is that you diversify your income and create another stream of potential revenue while strengthening your networking within the industry.
You can learn everything you need to know as a loan signing agent in an evening with my course so you can start diversifying your income in no time.
Click the link below to learn how to make $125 to $200 in a single loan signing appointment (which takes about an hour) and make even more money by adding another skill set to your profession.
I’m Mark, I teach the loan signing system, and I’m looking forward to helping you create another income stream in the real estate industry!
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 15 years and owns a loan signing service that does thousands of signings a year.