RON vs IPEN
RON and IPEN are both important technologies that you can use as a notary in order to perform notarizations.
RON allows notaries to electronically notarize documents without the need for paper documents or physical presence, requiring signers to go through additional authentication processes to prevent fraud and deter compliance risks.
Remote Online Notarization is currently available in 38 states, with three states having recently passed their Ron laws (Illinois, North Carolina, and Maine) and can expected to be adopted in all 50 states once the Secure Act passes.
IPEN allows notaries to electronically notarize a document in a fully remote setting, but signers must be physically present with the notary.
All 50 states have already adopted laws for IPEN.
RON allows notaries to electronically notarize documents without the need for paper documents or physical presence, requiring signers to go through additional authentication processes to prevent fraud and deter compliance risks.
Remote Online Notarization is currently available in 38 states, with three states having recently passed their Ron laws (Illinois, North Carolina, and Maine) and can expected to be adopted in all 50 states once the Secure Act passes.
IPEN allows notaries to electronically notarize a document in a fully remote setting, but signers must be physically present with the notary.
All 50 states have already adopted laws for IPEN.
The Secure Act
The Secure Act is a federal bill that will make Remote Online Notarization legal in all 50 states so all homeowners and prospective buyers can utilize RON technology.
Once passed, independent notary business owners across the country will be able to adopt and take advantage of RON, leveling the playing field for all notaries.
Once passed, independent notary business owners across the country will be able to adopt and take advantage of RON, leveling the playing field for all notaries.
RON & IPEN Platforms
Notarize offers RON in 30 of those 38 states and is planning to expand to the remaining states so if you’re a notary, you can take advantage of opportunities to add remote online notary income to your business.
IPEN is a mobile notary platform that allows notaries to conduct remote signings from anywhere using just their smartphone or tablet. With IPEN, notaries can access a virtual signing room where they can upload documents, verify the identity of signers, and provide electronic signatures and notarizations.
Escrow Tab is another platform transforming the industry by providing an all-in-one solution for escrow and title professionals. It allows notaries to manage their business and schedule appointments online, with tools for e-signatures, document management, and compliance.
IPEN is a mobile notary platform that allows notaries to conduct remote signings from anywhere using just their smartphone or tablet. With IPEN, notaries can access a virtual signing room where they can upload documents, verify the identity of signers, and provide electronic signatures and notarizations.
Escrow Tab is another platform transforming the industry by providing an all-in-one solution for escrow and title professionals. It allows notaries to manage their business and schedule appointments online, with tools for e-signatures, document management, and compliance.
How Notaries Can Embrace New Technologies and Platforms to Boost Their Busines
Many professionals including Brendan, the CEO of Escrow Tab, believes technology is transforming the notary industry.
Brendan believes that Remote Online Notarization (RON) and In-Person Electronic Notarization (IPEN) are not meant to push out notaries, but rather notaries need to be prepared to support both.
He argues that over the next three to five years, 15% to 20% of loan signings will be done remotely, while the rest will still be done traditionally or through IPEN.
Brendan also notes that notaries who have the foresight and relationship building skills can still get business directly from title companies before they go to the database.
Brendan believes that Remote Online Notarization (RON) and In-Person Electronic Notarization (IPEN) are not meant to push out notaries, but rather notaries need to be prepared to support both.
He argues that over the next three to five years, 15% to 20% of loan signings will be done remotely, while the rest will still be done traditionally or through IPEN.
Brendan also notes that notaries who have the foresight and relationship building skills can still get business directly from title companies before they go to the database.
The Importance of Relationship Building Skills in Your Notary Business
Its important to note that notaries who have the foresight and relationship building skills can still get business directly from title companies before they go to the database.
The skillset of marketing still works in RON or IPEN.
Notaries who have relationship building skills can leverage those skills to get business directly before an escrow tab title company goes to the database.
The skillset of marketing still works in RON or IPEN.
Notaries who have relationship building skills can leverage those skills to get business directly before an escrow tab title company goes to the database.
Using Escrow Tab and Notarize to Increase Visibility
Brendan explains that Escrow Tab enables notaries to make themselves visible to potential clients, thereby increasing business opportunities.
By having an account with Escrow Tab, notaries can showcase their skills to clients who are already familiar with them, thereby leading to more business.
The pricing for Notarize's services starts at $99 and the average Ron closing takes only 12 to 20 minutes, which means that notaries can potentially do three closings in an hour, leading to an increase of business opportunities.
By having an account with Escrow Tab, notaries can showcase their skills to clients who are already familiar with them, thereby leading to more business.
The pricing for Notarize's services starts at $99 and the average Ron closing takes only 12 to 20 minutes, which means that notaries can potentially do three closings in an hour, leading to an increase of business opportunities.
Adoption by Lenders and Title Companies
Both Escrow Tab and Notarize are working with lenders and title companies to increase adoption of electronic notarization.
Escrow Tab helps to enable notaries to save time and money by doing everything electronically.
Notarize has been adopted by the big four title companies, including Fidelity, Stewart, Old Republic, and First American.
Escrow Tab helps to enable notaries to save time and money by doing everything electronically.
Notarize has been adopted by the big four title companies, including Fidelity, Stewart, Old Republic, and First American.
