Becoming a Notary Signing Agent is a Waste of Time & Money in 2024

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  • Опубликовано: 17 янв 2025

Комментарии • 234

  • @RobinFinn-g6f
    @RobinFinn-g6f 5 месяцев назад +12

    She is correct. I work as a Notary nearly full time at an escrow office for the past 8 years. We have new notaries coming in the office every week trying to break into the business. It's crazy... tons of them. There just isn't enough work right now to need any new Notaries. If Escrow Officers have long time Notaries they use consistently.. they are NOT going to take a chance on a new Notary. Just telling you the truth.
    I'm also a Paralegal so that helped get me in the door years ago. If you still want to be a Notary Signing Agent, I would suggest you research Remote Online Notary work RON.

    • @pm-fb2uk
      @pm-fb2uk 3 месяца назад

      lol they are even worst by the time you blink to accept a call it is gone i am literally about to give up and i did exactly what she was talking about spending money.

    • @kpkp8857
      @kpkp8857 2 месяца назад

      @@pm-fb2ukI never spent money with any of these people and I’m fine. Stop trusting another company to help with your business and do the work yourself, they’re not going to pay you what you deserve. If one person doesn’t pay your price, there’s two more that will. I charge for everything, time, gas, “labor” and it’s very rare that someone says they can’t pay or no. Do what works for you, this video might be the case for some but not all.

  • @therezachurtado
    @therezachurtado 10 месяцев назад +256

    I think that, although her breaking down is valid, I believe that telling people to not waste their time is a bit too dramatic. Yes, it takes 30 signings, but you will NOT have only 30 signings per year. Also, it is also true that there are notaries who have been in the business for many years, but guess where they had to start?? From the bottom! There are opportunities out there for everyone. Notary is one of the oldest professions in the world, and there are millions of ppl who will always need notary services. Having said that, I do agree that if you really want you can get to the top It’s no easy task, but every successful entrepreneur knows that building any business isn’t easy. It’s all about how hungry you are. Do you want this as a side hustle or do you want this as your main source of income? Treat is as side hustle, and you’ll get paid as a side hustle. Treat it like a business, then you get paid like a business. The only valid point of this video is the break down. Discouraging people isn’t not cool.

    • @notarynerds
      @notarynerds  10 месяцев назад +9

      Thank you for your comment!

    • @FingerprintingGurus
      @FingerprintingGurus 9 месяцев назад +45

      I departed from the Signing Service industry amidst the COVID pandemic. Being a Signing Agent for these services often feels like being a glorified W-2 employee. If you enjoy being micromanaged, having your schedule and pay rate dictated to you, then by all means, continue down that path. However, I opted to transition to General Notary & Ink Card Fingerprinting, and I haven't regretted it for a moment. Now, I set my own rates and enjoy a steady flow of clients, primarily through referrals and Google searches.

    • @AndreaHarris-vu7ze
      @AndreaHarris-vu7ze 7 месяцев назад +13

      I agree, it’s a business most things she explained that’s an “expense” can be written off.

    • @deauiloyoe5878
      @deauiloyoe5878 6 месяцев назад +3

      I am one and I must say that these 3rd party loan companies put out with down right the lowest jobs. It's sad so I just leave it be.

    • @lmartin3601
      @lmartin3601 5 месяцев назад +4

      @@notarynerds You can lead a horse to water but you "can not" make it drink. Thank you for taking the time to share this valuable information. Blessings and peace.

  • @mssonya5014
    @mssonya5014 9 месяцев назад +53

    BOOM! SHE'S SELLING HER COURSE.

    • @notarynerds
      @notarynerds  9 месяцев назад +5

      Show me a university that isn't. The key is doing so responsibly.

    • @GoodNCrazyNews
      @GoodNCrazyNews 9 месяцев назад +9

      @@notarynerds She full of mess

    • @CharleneOrtizTraining
      @CharleneOrtizTraining 5 месяцев назад +16

      ​​@@notarynerdsIt's not that you're selling your course that's rubbing people the wrong way. It's the fact that you're title says becoming a LSA is waste of time and then you talk about the course you're selling. By all means sell your course. Based on this video you seem to really know the industry and I totally respect the hustle. I think if you didn't say it was a waste of time you would get a better response, so perhaps ,
      "The unexpected challenges of becoming a LSA", or something, might be received better. Just my thoughts. I will be honest and say that this is the first video I've come across that breaks all this down and I appreciate that.

    • @deborahowens1621
      @deborahowens1621 5 месяцев назад +2

      @@CharleneOrtizTraining I agree. , I think the title is to get your attention but I think she is being honest, so you see a clear picture ahead, its more honest then others .

    • @emmanueljp2449
      @emmanueljp2449 3 месяца назад +4

      @@CharleneOrtizTraining I agree with you, the title got me to click but it does rubber me the wrong way.

  • @tayaa2594
    @tayaa2594 7 месяцев назад +59

    It’s tied to the mortgage industry. It operates in waves. 22ish to the present has been crappy. But go ahead and listen to her if yall want, when rates go back down I’ll be ready.

  • @joannadiabe6724
    @joannadiabe6724 5 месяцев назад +47

    I am just getting started. I have the favor of God. I have a plan to make it work. I am already a business woman. Like every business the begging it hard, but once you put God first , consistent, work hard you will get it. One strategy to share is sigining up with 100 loan signing agency. Next go door to door, talk to people. Use my spare time to market.

  • @terrythenotarypublicexecns9271
    @terrythenotarypublicexecns9271 10 месяцев назад +89

    I didn't have to do all of that to competently conduct a signing.
    All I needed to do was familiarize myself with copies of the basic documents that are in every type of signing, and I was off and running.
    I'm in California too.

    • @notarynerds
      @notarynerds  10 месяцев назад +3

      For those new notaries who will review these comments; can you explain what steps you took to get your signings to start coming in and what your typical margins are and the average age of your invoices?

    • @GlobetroddasTV
      @GlobetroddasTV 10 месяцев назад

      That would be awesome if he could do that ?@@notarynerds

    • @ninagriffin1504
      @ninagriffin1504 10 месяцев назад

      ​@notarynerds572 Congratulations To All New Notaries

    • @NomadNotary
      @NomadNotary 9 месяцев назад +4

      I have been in real estate for 17 years, the last 3 years I have been in mortgage. Although I was not in the Closing Department, I feel too I won't need an actual course, but its in the back of my mind. I have no clue all the documents they sign at Closing and I have seen the 1 inch stack so there's a LOT I have never seen becuase I have never closed on a home personally.

    • @tranquilhabitat
      @tranquilhabitat 9 месяцев назад +2

      Same here. I didn't pay for expensive GuRu packages that all of these people were selling.

  • @1956paterson
    @1956paterson 9 месяцев назад +43

    I’m not spending any more money on training. I have spent enough now I need to make money.

    • @notarynerds
      @notarynerds  9 месяцев назад

      Amen!

    • @1TashaLynn
      @1TashaLynn 4 месяца назад +4

      People selling training courses to make money aint teach nothing different.. who name Mark the standard.?? I'm so sick of people calling people gurus... smh

    • @JOANNATOWNER-q9u
      @JOANNATOWNER-q9u 2 месяца назад

      If I may ask, where did you complete your training ??? I am looking for some training, but I just don't know which training to go with

  • @zerofatzreturns
    @zerofatzreturns 9 месяцев назад +34

    Also I did not see this as discouraging. I see it as a realistic point of view which I appreciated. I'm a current business owner looking to add this to my repertoire, so the honest break down of what to expect is very helpful.

  • @carlahull7681
    @carlahull7681 9 месяцев назад +16

    Wow sis your going to spend money in anything business you do ( on top of that I’m a real estate agent so an an add on would be a good way to go)

    • @notarynerds
      @notarynerds  9 месяцев назад +3

      Facts. And the smart entrepreneur spends intelligently making business decisions on the available facts minus emotion.

  • @leohung1453
    @leohung1453 10 месяцев назад +30

    As a notary in California, building LLC costs $800 per year. Biberk E&O insurance $380 per year. Notary exam, required education, and bond are $200 every 4 years in CA. Monica, I know you are in TN. But if you are in CA, the cost to become a notary signing agent is WAYYY more than your estimates. That said, your video is no doubt the best for new notaries in 2024. You tell the truth and the whole truth. Thank you Monica!

    • @notarynerds
      @notarynerds  10 месяцев назад

      Yes, once I finished the video I was like, those expenses were low even for Tn. I couldn’t even imagine trying to start a notary signing agent business in California.

    • @FingerprintingGurus
      @FingerprintingGurus 9 месяцев назад

      Monica "You Are Correct"

    • @BodyAndFitnessGuide
      @BodyAndFitnessGuide 9 месяцев назад +3

      @@notarynerds I am just starting down this Notary journey in NC(I have my stamp). Before listening to this video, I just felt in my spirit it is not worth it and I do not want to spend my time in a car running all over Charlotte NC...The traffic is horrendous. I like a simple life, not a hectic one. My state of NC has approved a version on RON, They are calling it REN, but they are building rules and regulations around it now, so It is not fully approved to do it from NC. Do you have any thoughts about doing notarial acts remotely?

  • @HippiesandDreams
    @HippiesandDreams 7 месяцев назад +13

    This the type of breakdown I wish more people would actually do. This is realistic, this is based on numbers, and actually proves out a business model which shows cashflow and time delays.
    This is fantastic!

  • @11golddustwoman11
    @11golddustwoman11 8 месяцев назад +76

    So you’re discouraging new notaries from signing up for training on other platforms cause it’s “not worth it in 2024”.. but joining YOUR network and taking YOUR training is? 😂✌🏻

    • @notarynerds
      @notarynerds  8 месяцев назад +2

      Not exactly what this video was about. But thank you very much for commenting!❤️

    • @AngelsLove5
      @AngelsLove5 6 месяцев назад +3

      IKR

    • @larmekajames4228
      @larmekajames4228 5 месяцев назад +2

      😂

    • @redcreater9291
      @redcreater9291 3 месяца назад +3

      I’m confused by this as well .. can you elaborate on why you have trainings if it is not worth it? @notarynerd

    • @knatxkyngxkoldofficialpage3020
      @knatxkyngxkoldofficialpage3020 3 месяца назад +2

      @@redcreater9291the irony 😂

  • @GoodNCrazyNews
    @GoodNCrazyNews 9 месяцев назад +9

    17:35 YOU ABSOLUTLY CAN BUMP THEM OUT OF POSITION!!! You have to be consistant and deliver good work!!!!

    • @notarynerds
      @notarynerds  8 месяцев назад

      Thanks for confirming the reality: there is in fact an existing list of preferred notaries. And that new notaries will have to contend with that fact if they plan on becoming loan signing agents in 2024.

  • @St.Maurice
    @St.Maurice 8 месяцев назад +12

    I'm getting little to no signings. I started to get some work doing fingerprints and other affidavits after I listed my business on YELP.

  • @vonadmin6935
    @vonadmin6935 3 месяца назад +7

    Please do not be discouraged. I can’t believe the advise was do not become a notary and fast forward to the end there is a class guy can purchase 😬. It’s very conflicting I think the statement should be diversify the different options available with the one skill.

    • @vonadmin6935
      @vonadmin6935 3 месяца назад +1

      I left out a class you “guys (ladies and gentlemen) can take.

  • @360NOSCOPE-BSR
    @360NOSCOPE-BSR 9 месяцев назад +14

    I usually submit a higher bid when I get an offer… sometimes they bite and sometimes they don’t… I am doing this full-time and GNW and Apostilles help my biz to thrive..Thank you for the breakdown…I am right with you on the Gov/State contracts… great way to leverage👍🏾

  • @Jus_asha
    @Jus_asha 10 месяцев назад +12

    Thank you Monica!! A lot of videos aren’t giving realistic expectations. In Maryland the cost of investment is on the higher side. Most of the information that I see doesn’t go into profit margins and doesn’t quantify time. I definitely think you have to diversify your business to see what other services you can offer within that scope.

    • @notarynerds
      @notarynerds  10 месяцев назад +1

      You’re welcome. And exactly! Which is why I had to add a video with reality to the mix.

    • @gr8speechslp
      @gr8speechslp 10 месяцев назад +2

      Yes, thank you Monica! I am also in Maryland. In addition to all that was mentioned, before you can begin working as a LSA you have to get a TIPIC license (Title Insurance Producer Independent Contractor) which involves taking a class that ranges from $399-$599, next pay to take the exam, then pay to apply for licensure.

    • @TheNotaryZone
      @TheNotaryZone 6 месяцев назад +1

      Greetings, Maryland Notaries. Check out Maryland Notaries In Action.

    • @TheNotaryZone
      @TheNotaryZone 6 месяцев назад

      ​@@gr8speechslpGreetings, Check out Maryland Notaries In Action

  • @jstlkn41
    @jstlkn41 10 месяцев назад +6

    Great video! New soon-to-be Notary- unfortunately I haven’t received my commission yet so hopefully I can catch the next training session, can’t wait!

  • @thelilianarey
    @thelilianarey 9 месяцев назад +14

    I thank you for this video. It is more honest that most videos out there and you have some serious advice that I will certainly follow.

    • @notarynerds
      @notarynerds  9 месяцев назад +1

      Glad it was helpful!

  • @Ed-78
    @Ed-78 9 месяцев назад +6

    thank you this opened my eyes to the reality of what to expect if I choose to continue on this path.

    • @Lis123-no9cw
      @Lis123-no9cw 6 месяцев назад +1

      Can I know your experience, I am thinking about becoming a notary and as soon as possible a ron because I want to work from home in Florida

  • @Shantbjj
    @Shantbjj 10 месяцев назад +21

    Thanks for the honesty Fl notary here I’m glad you broke this down because I wish ll these “gurus” were honest about all the fees
    I am about ready to give up my loan signing no one wants to pay even with gen notary I’ve had people argue with me about my price I have an suv tolls gas and maintenance is not cheap or free even if my husband do the work for me. I’m spent

    • @notarynerds
      @notarynerds  10 месяцев назад +6

      I didn’t even factor in tolls! You are so right. And thanks, I debated on whether or not to do this video and ultimately said “the truth is the truth.”

    • @deenadream
      @deenadream Месяц назад

      Try Remote Online Notary

  • @nekeidrialee8813
    @nekeidrialee8813 9 месяцев назад +9

    this has really discouraged me. i am already knee deep and is certified NNA as well as RON. ive worked really hard and made a lot of sacrifices to get these things accomplished and now im just destroyed. if you really dont believe none of us will make it then why tell us to sign up for a program? im confused. i am in chattanooga tn

    • @notarynerds
      @notarynerds  9 месяцев назад +9

      You deserve to be congratulated for what you’ve accomplished. Nothing and no one is stopping you from pursuing your goals. That having been said, get out there and make your best effort. You will learn for yourself whether or not what I am saying in this video has any truth to it or not. There are so many false narratives about what a BRAND NEW NOTARY can accomplish in the loan signing space in 2024. My video is providing basic business principles that should be considered for BRAND NEW NOTARIES entering the loan signing industry in 2024. Many of the videos that you probably watched that encouraged you to get in the business were success stories from people who became notaries BEFORE 2024. And you could 100% prove me completely wrong!! So again, don’t allow anyone or anything keep you from pursuing your goals. Use this video to apply common sense business principles to your business. And when you say, “if you really don’t believe none of us will make it then why tell us to sign up for a program?” If you’ll rewatch the video, you’ll hear me say clearly, ‘if you are going to do this business at least do it in such a way that you are focusing on the customer who is going to pay you the most’ And that is where my program comes in. What you’ve probably been taught is to sign up for as many signing services as you can. What I show you in the video is that signing services are not paying NEW NOTARIES very much in 2024. So, I teach you how to avoid getting paid less if you are a NEW NOTARY entering the loan signing business in 2024. I wish you nothing but success!!

    • @nekeidrialee8813
      @nekeidrialee8813 9 месяцев назад +1

      @@notarynerds thank you so much for responding so quickly! Spiritually im being led to do this so i was just taken aback. i have gone into this with open eyes, just a little terrified :) Namaste!

  • @allisonhester8868
    @allisonhester8868 6 месяцев назад +7

    I agree, it's not worth it now. Things have changed for sure. I am in HR by trade, but I was trained by the NNA in person in 2004 for $50 bucks. (They came to the Holiday Inn). They actually reached out to me back them to come to their live training. I wanted to do this just as a side hustle at the time. to make "extra" money. I have been doing this full and part-time, off and on since 2004. I've made great money especially in the early year. It's definitely harder and a lot more expensive. Best of success to all who wish to move forward.

  • @curvyfabandfit
    @curvyfabandfit 9 месяцев назад +13

    I do understand where you are coming from. I got my Notary certification about a year ago and haven't done one signing because I found out about so many fees that I did not realize I would need in order to really get started. 🤦‍♀ Plus the state of MN where I live makes you pay another $350 dollars to do loan signings because they want you to be a real estate closing agent. Now I need to redo my certification because it has already expired! 🤦‍♀🤦‍♀🤦‍♀. But that being said I'm not discouraged from doing it and I said all that to say this video is very helpful for new Notaries to understand what you will need to consider to get started. Thank for the video the information from the perspective a person desiring to get into this business is very fundamental. 👍👍👍💛💛💛😄

  • @saranades74
    @saranades74 10 месяцев назад +7

    I’m already a notary and was a banker for 10 years (just laid off due to branch closure). I was thinking this could be a good way to utilize both for the next chapter. My city is growing healthily. Wouldn’t this give me a leg up from starting from scratch? Thoughts are appreciated…

    • @notarynerds
      @notarynerds  10 месяцев назад +10

      Absolutely. Your banking background gives you a HUGE advantage in the loan signing space. Specifically from a MARKETING perspective. You'd still need to polish your loan signing skills as bankers don't necessarily see Notes, HUD's, Consumer Disclosures (mortgage loan) etc. every day. Even as a brand new notary, you have the opportunity to lead your marketing with, "I'm a former banker of 10 years...." and Title Companies will train YOU on how to do loan signings for them. And that would be my recommendation to you...pursue DIRECT TO TITLE business. You'd be completely wasting your time signing up with signing services. Those who do pay, pay net 30, 45+ and pay embarrassing low rates. You will still need a SOLID MARKETING PLAN that highlights the fact that you are a former banker. If it were me, I'd do a video telling my story and send it to every Escrow Officer in my county. You have the unique ability based on your employment background to go up against the preferred notaries already in line at the Title Company. Keep me posted. And much success to you.

    • @saranades74
      @saranades74 10 месяцев назад +1

      @@notarynerds Thank you! I really appreciate your insights and will investigate that route for sure.

  • @KaraAllan
    @KaraAllan 6 месяцев назад +13

    I make at least $3K a month as a Notary Signing Agent so I have no idea why you are telling people it's a waste of time.

    • @notarynerds
      @notarynerds  6 месяцев назад +1

      @@KaraAllan Because it’s facts for those brand new notaries entering the business in 2024 as stated in the video. When did you start your business? My guess is that it wasn’t 2024.

    • @KaraAllan
      @KaraAllan 6 месяцев назад +5

      @@notarynerds i’ve been a Notary Signing agent since 2013. And I’ve been actively working every year since then so people starting now can still make money maybe not at the astronomical levels it was during the pandemic, but they can still make a side hustle out of it. I think you’re doing a disservice I’m telling people that you could tell them your experience and leave it up to them to decide. I’m especially making a lot of money doing RON signings. The benefits outweigh the cost by far

    • @pm-fb2uk
      @pm-fb2uk 3 месяца назад

      @@KaraAllan lol its hard because there are literally no signings in my area i might get a pop once every other day and i am with just about every signing service out there. she is speaking the truth

    • @KaraAllan
      @KaraAllan 3 месяца назад +2

      @@pm-fb2uk what state do you live in?

    • @pm-fb2uk
      @pm-fb2uk 2 месяца назад +1

      houston texas

  • @Itsmelucky4
    @Itsmelucky4 Месяц назад +1

    I really like this break down on things and many people who either have jobs or a business isn't really thinking on the little things that'll chip away at your profits. People just see a paycheck that maybe bigger than they typically earn in a day, week, every other week, or a months time and don't think about the debts that come with it initially to see if they're gonna still be in the red, breaking even, slightly earning, or gaining a substantial amount of money. Also if you're not sacrificing the things you do or buy your gonna see success but not entirely. So if your expenses is greater than your earning potential then its just a matter of time things will come crashing down. Just like the federal reserve that's constantly racking up debt year after year and yet it seems like the economy is doing ok to some degree but prices are steadily rising for the consumers and the amount of money we're making an hour, salary, or per job isn't covering all the expenses in which it can be a nasty business of skipping out on robbing peter to pay Paul in which you'll have to forgo a late payment to pay either the mortgage or energy bill and then pay them the following month and then maybe when tax time rolls around you barely break even paying off the debts just to start all over again the same process until your able to pay off one of those big bills. But the problem is when people get into things they don't do accounting to see exactly how far can they're dollar go based on what they do on a daily basis. I think that these signing companies should take a lot of this into account but mainly the paper, ink, gas, car maintenance and time it takes to go through these documents. I don't see anyone who would want to do notary signings as a side gig when your having to invest in quite a bit; even though the investment is lower than a standard business. But my main goal would be just have the signing services as a learning platform to better your hands on skills and to have it as fill in when things might get slow and just focus on being direct and getting your notary business in order so you can be paid more so for what your worth.

  • @my1stchance
    @my1stchance 10 месяцев назад +4

    I appreciate the information and the organization is very hard find these days. I missed the 3/11/2, catchimg the next. I can't wait for the Ron training

  • @rohtashgoyal
    @rohtashgoyal 9 месяцев назад +3

    This expense is every year or just for first year(initial setup). what is yearly expense subsequent years?

    • @notarynerds
      @notarynerds  9 месяцев назад +1

      Annual expenses will vary on what type of entity you establish, how busy you are and how much you have to replace supplies. In Tn the Notary commission is good for 4 years. Training is one and done. You don’t need this every year. Insurance is recurring and there may be some local business registration fees; again this depends on the entity that you choose for your business. If you register at NNA you will have to renew every so often; may not be an annual renewal.

    • @Shantbjj
      @Shantbjj 9 месяцев назад

      The state you are in plays factor I’m in Florida the annual business tax $135 I think I just paid NNA membership cheapest one annual is I think it just raised to $80 my friend in Philly has to pay 2or 3 taxes I believe. The competition is so bad there she just gave up she only got like 2 bookings since she started 2 yrs ago stay clear of thumbtack they charge for leads and you pay wether or not you get hired

  • @hellokitty2u
    @hellokitty2u 10 месяцев назад +12

    I’m thankful for the realistic outlook. I’m looking toward the government contracts and have decided that that is my next move

  • @annastar13
    @annastar13 Месяц назад +1

    This is why you charge appropriately if you want to be in the business especially as a mobile notary. This break down is helpful for those with a real business mindset.

  • @yannispizza
    @yannispizza 9 месяцев назад +3

    I want to sign up now March 26 because I need the bonuses

  • @christinarouse1209
    @christinarouse1209 4 месяца назад +16

    I started doing loan signings a couple months ago and it’s the best thing that ever happened to me lol

    • @marilynlee7310
      @marilynlee7310 4 месяца назад +1

      Which state are you in?

    • @notarynerds
      @notarynerds  3 месяца назад

      That's what's up!

    • @Madison-i3h
      @Madison-i3h 18 дней назад

      Is it still going well? Where are you and what do you charge to do a signing? Im trying to see if I would get a return on investing in all the education etc

    • @christinarouse1209
      @christinarouse1209 17 дней назад +1

      I am in California, general notary work is a phenomenal side income for me and I do maybe 5-8 loans a week, my loans come from signing services which pay lower 80-100 per loan

    • @christinarouse1209
      @christinarouse1209 17 дней назад +1

      I’m on my way to an appointment now

  • @edselsledge2940
    @edselsledge2940 5 месяцев назад +3

    I’m confused so you say it’s a waste of time but you are teaching it for a price?? 🤔 when did we stop needing this service??

    • @notarynerds
      @notarynerds  4 месяца назад

      Yes, it is a waste of time if you do it the wrong way. What I teach at Notary Nerds is completely different than the norm. For instance, the 'waste of time' way is by "signing up for as many signing services as you can..." which is what ALL of the current training programs teach. The Notary Nerds way is to IGNORE that advice and CAPITALIZE on the TRUST FACTOR associated with your notary commission by offering higher value service like registering small businesses with the county, city, state and even federal government for government contracting. That is ONE example of why I can say it's a waste of time but turn around and offer my training. It's all about the content.

  • @kln6562
    @kln6562 Месяц назад +2

    with this logic then you might as well just never try at anything because there's always going to be other people that are more successful or higher up. You have to start somewhere, none of those top signing agents started at the top making 10k+ a month.

  • @jlnae
    @jlnae 9 месяцев назад +3

    Wow!! Thank you for this video! I am new notary and was going to go this route. I’m going to check out your recommendation. Thank you!

    • @notarynerds
      @notarynerds  9 месяцев назад

      You are very much welcome🙂

  • @alexandriaclarkson2112
    @alexandriaclarkson2112 2 месяца назад +1

    I agree. The start-up on this buiness is not exactly on the low side but in comparison to other industries it isn't too bad. This video needed to wait until the rates dropped 1st. I will say, this is where you market and take GNW jobs & Field inspections assignments or whatever specialty notary work WHILE you're revving up the NSA/LSA side of your business.

  • @stephanieleandre55
    @stephanieleandre55 10 месяцев назад +2

    Where can we access this document you are presenting on?

    • @notarynerds
      @notarynerds  9 месяцев назад

      I’ll create a link and post it here soon

    • @notarynerds
      @notarynerds  9 месяцев назад +1

      You can access it here: www.notarynerdsuniversity.com/offers/PhDwMpz4

  • @kevinvancleave206
    @kevinvancleave206 4 месяца назад +3

    Her logic on delayed payment is flawed. It is only delayed initially but once you start getting consistent business and get your initial payment it will no longer be delayed. also everybody has to start somewhere so of course they have to work up that higher salary.

    • @notarynerds
      @notarynerds  3 месяца назад +1

      Sooooooo not flawed. Let's start with the time value of money. A dollar today is worth more than a dollar tomorrow. As a real estate broker, I'm paid at the closing. When I began to explore the notary signing agent business back in 2021, I quickly learned that most notary signing agents are paid AT BEST 2 weeks after the closing. Which is why I didn't engage. Most are paid Net 30+. Anytime, in any business, in any industry that you have to wait on your money cash flow challenges arise. Cash flow is the lifeblood of any small business. Survey notaries who are actively engaging in loan signings. Those being truthful will let you know that you are not going to get paid on the spot. Especially, when you are new.

    • @kevinvancleave206
      @kevinvancleave206 3 месяца назад +1

      @notarynerds you don't get paid on the spot on any job except maybe UBER. You have to wait 2 to 3 weeks for your first paycheck. There is no difference.

  • @zerofatzreturns
    @zerofatzreturns 9 месяцев назад +2

    great video. Thanks for sharing.

  • @Oscar.Carmona
    @Oscar.Carmona 8 месяцев назад +3

    How about ONLINE Notary? No gas / travel needed 😊

    • @gobchallenger9176
      @gobchallenger9176 7 месяцев назад +1

      You need to be a notary for at least a year im pretty sure

    • @Oscar.Carmona
      @Oscar.Carmona 7 месяцев назад

      @@gobchallenger9176 oh 😮

    • @TJGlamie
      @TJGlamie 6 месяцев назад

      And it’s not accepted in every state. SC doesn’t allow it.

    • @privateshoppingmall
      @privateshoppingmall 5 месяцев назад +1

      How much can you make though minus your expenses. That’s what’s stopping me. I had my RON certification since 2020.

  • @DejaVu-iy8hh
    @DejaVu-iy8hh 10 месяцев назад +14

    Yeah…Thumbtack and Yelp were useless for notaries because you pay for the lead whether you get the job or not. Those services are great for like nail techs and restaurants because you can get recurring business from one lead. That isn’t the case with notaries.

    • @itsmet559
      @itsmet559 9 месяцев назад

      I'm a notary in VA and I find Yelp to be helpful in clients finding me. I don't pay for any if the services they offer.

    • @Shantbjj
      @Shantbjj 9 месяцев назад

      Well said I think I darn neared bellied up with thumbtack charging me wether or not I got paid and yelp is a once in a blue mooner for me here in FL I’ve had no luck with google my business and I started 2yrs ago. I keep afloat out of my personal min and not the business. I added currier to it now and that brings in way more than the notary I’ve only had 2 signings since the yr started. I jumped on the bandwagon of little to no start up fees which I quickly learned bunch of crock .Biz tax Recert membership. I tried partnering with other notaries like if they can’t take the work pass it on vice versa but everyone testing to be selfish these days

  • @Ann-op5kj
    @Ann-op5kj 10 месяцев назад +5

    What was the waste of time?

    • @GoodNCrazyNews
      @GoodNCrazyNews 9 месяцев назад +1

      She is Dumb and hoping you are too

  • @justinstricklin7671
    @justinstricklin7671 5 месяцев назад +1

    some notary services are picky or not accepting anyone at certain times

  • @Gi_Lovely
    @Gi_Lovely 19 дней назад +1

    I been doing research and this process is not as exaggerated as this video makes it seem. You don't have to sign up for all those super expensive courses, I think this was done on purpose to sell a product. You can go through the National Notary Association or use the free resources from your state. Feel a lil sad lowkey because of the intentions. :(

  • @joannadiabe6724
    @joannadiabe6724 5 месяцев назад +5

    Why are you selling your course if it is a waste of time?

    • @notarynerds
      @notarynerds  5 месяцев назад +3

      @@joannadiabe6724 The 1st reason is: Because my course (for those insistent on entering the industry in 2024) teaches you how to actually make money with your commission OUTSIDE of offering loan signing agent services. The 2nd reason: As an entrepreneur I am wired to solve problems that I am both aware of and capable of solving.

    • @notarynerds
      @notarynerds  5 месяцев назад

      ruclips.net/video/2WuIQhA9V0k/видео.htmlsi=GXPsKrZGKyYwMUg7

  • @krich4251
    @krich4251 10 месяцев назад +8

    Flawless assessment, Monica!

  • @MarkJohnson-cv6xm
    @MarkJohnson-cv6xm 4 месяца назад +1

    So what if i'm not looking at the business to make $500 per day or $10,000 per month what if i'm looking at this business for part time work. Let's just say 3-10 signings per week? Put the overhead cost aside, Put all the other reasons to not become a signing agent aside. is the business there? that's all i'm worried about right now.

    • @notarynerds
      @notarynerds  3 месяца назад +1

      Depending on 1) your background 2) your marketing 3) availability of loan signings...you can make it happen if you really wanted to. People with backgrounds in loans, title work etc are going to have an easier job of getting hired by signing services and title companies. Marketing-wise, you need to sign up for every single signing service you can and supplement that with Google Ads so that you can get called for General Notary Work if/when signings are slow. The 3rd factor: availability of signings is the biggest variable. Not enough signings to go around in many markets. And those that are available are going to the proven loan signing agents. There is a list 3-5 people deep in most markets. If none of those say yes and you're on the radar, you have a shot.

  • @WalknSuccess
    @WalknSuccess 5 месяцев назад +1

    Thank you for the real facts.

  • @yorz2benotary
    @yorz2benotary 8 месяцев назад +1

    WBENC isn’t free min is $350 are there any other free areas to promote my business? I’m one of the LSA you mentioned. 😢

  • @flyingpenguinsinc
    @flyingpenguinsinc 8 месяцев назад +6

    Not very accurate for the most part, trying to sell something.
    General Notary Work is way better than Loan Signing and it's very lucrative if done correctly

    • @notarynerds
      @notarynerds  8 месяцев назад

      I agree 100%. GNW can be lucrative if done correctly. Please let me know which part(s) you found to be inaccurate?

  • @AprilRamos-dg7uq
    @AprilRamos-dg7uq 4 месяца назад

    Did you include background check?

  • @amywarnock2325
    @amywarnock2325 10 месяцев назад +6

    I am in Texas it was like $78 THANK YOU FOR ALL THIS INFO! ;)

  • @attilakondrath8512
    @attilakondrath8512 7 месяцев назад +7

    Finally someone keeping it real! I’ve been a notary for 1.5 years now and was living in a rural but booming area. Business has been slow and the cost of doing it rather high. Moving to a metropolitan area a year later however has opened up new doors for me and the experience and network I’ve built helped me tremendously. Take away! It takes time, money, patience and luck to evtl making those six figures!

  • @KesRelNotarySigningsLLC
    @KesRelNotarySigningsLLC 4 месяца назад +1

    Apply to grants for funding that will cover your start-up costs

    • @notarynerds
      @notarynerds  3 месяца назад

      Who has time for that? You'd be better off just solving the problems of a group of people who have the ability to pay. By the time you find and apply for a grant (that you may not receive) you can start the business.

  • @702thomas
    @702thomas 7 месяцев назад +3

    i feel like i got cussed out then given a big hug..😂

    • @notarynerds
      @notarynerds  6 месяцев назад

      🤣❤🤣❤❤❤❤❤

  • @GoodNCrazyNews
    @GoodNCrazyNews 9 месяцев назад +3

    19:35 YOUR NOT A BUSINESS PERSON!!!!

    • @notarynerds
      @notarynerds  8 месяцев назад +1

      The Internal Revenue Service would disagree.

    • @Truckinman2000
      @Truckinman2000 7 месяцев назад +1

      Agree, she didn't mention one thing that was a write-off on her taxes.

  • @jonathonchalk6603
    @jonathonchalk6603 3 месяца назад

    I absolutely agree that, as with any business owner, you need to keep track of your expenses! And the little things add up so, yes, count the cost of paper, ink, signing flags, paper clips, staples, etc., as well as vehicle milage, gas, wear and tear (I just use the IRS excepted milage allowance for anything car related) However, you cannot count your prep and drive time as an operating expense. So the $82.50 goes back into the equation at this point and and the result is you have a Pre-tax gross operating profit of about $150. Or another way of putting it is a gross operating profit margin of 94%. Of course taxes need to be paid so assuming about a 30% tax bracket (which I think is high because all those "above the line" expenses mentioned in your example are tax deductible) that brings your net (after tax) operating profit down to about $100 (rounded) or a net operating profit margin of 62.5%. Any business in the world would be ecstatic with that! NOW and only now - because all of those start up costs were paid for with post-tax dollars - do you start amortizing you payback to break-even In reality it might take 10-12 appointment days like this to get to B/E - probably more because as you pointed out, some of your start up costs (printer for example) were very very conservative...... Many (most) start up businesses would consider themselves "Successful" if they were able to reach B/E within 3 years and many start up business plans figure a 5 year B/E. Even factoring in the example appointments as an outlier to the upside for a newly commissioned and inexperienced NSA, I don't think it's unreasonable to estimate they could reach B/E within a few months. So if not now (2024) then when?

    • @notarynerds
      @notarynerds  3 месяца назад

      From a purely accounting/tax perspective you may or may not be able to count your prep and drive time as an operating expenses...technically. However, you better quantify it as an entrepreneur. Time is any human's most valuable asset. You can't get it back once spent. If I am spending a half hour of my life prepping loan docs and another hour in traffic one way; you bet your Quickbooks that I'm going to place a value on those activities to determine whether or not the job is worthwhile. And any notary should. Not doing so is painting a picture of false profitability. Who cares about the technicality of what can and can't be an 'operating expense' when it relates to time. The opportunity costs associated with that time are high, as such, the activities associated with that time are equally as high and value deserves to be placed on them accordingly.

  • @bamarealist
    @bamarealist Месяц назад

    It’s important for notaries to also be mindful of all of the online notary work available digitally, right from the comfort of their own home. Also, lots of individuals, like myself, already have enough related experience to successfully complete a loan signing package without having to invest in a lot of unnecessary training. Although it is always important to stay abreast with changes in the industry, etc. Definitely, dependent upon the notary, there is plenty of money to be made.💰

  • @oliveroz2705
    @oliveroz2705 7 месяцев назад +2

    Very insightful

  • @nicquiann2u
    @nicquiann2u 8 месяцев назад +1

    Very informative. Thanks!

  • @VICKIECARPENTER-zr1pt
    @VICKIECARPENTER-zr1pt 8 месяцев назад +1

    Thank you for sharing!😄

  • @christinaramorobi7408
    @christinaramorobi7408 7 месяцев назад +2

    When does the 5 day challenge start in June and July??

    • @monicaddunn
      @monicaddunn 7 месяцев назад

      I'm going to make it self paced. So many people are unable to attend live. I'll let you know.

  • @Sasha_0813
    @Sasha_0813 4 месяца назад

    Dropping Gems here my lady! I appreciate you despite feeling scared 😅

    • @notarynerds
      @notarynerds  3 месяца назад

      Thank you, just trying to keep it as honest as possible. Don't be afraid. Just be sure to learn your state's notary laws well before you get out there!

  • @chi-town296
    @chi-town296 3 месяца назад

    As a new notary.... I totally agree... I'm signing up for the certified notary medical courier course!

  • @Truckinman2000
    @Truckinman2000 7 месяцев назад +7

    You apparently do not know how business works. All of the expenses you mention are tax write-offs including the mileage which in 2024 is .67 cents per mile. I hope you are not purchasing an inkjet printer and ink for it. This poses a security risk because inkject documents can be altered. You should have a laser printer and purchasing toner. Which is pricey but also a write-off.

    • @notarynerds
      @notarynerds  7 месяцев назад +3

      And you apparently do not know who you are speaking to. I’d enjoy a conversation with you about business where we both bring our income tax returns for the last 12 years. This video is a simplified breakdown of why becoming a notary in 2024 is a horrible business move. This is not a video on tax deductible expenses and the benefits therein.

    • @trollkilla7681
      @trollkilla7681 7 месяцев назад

      @@notarynerds we can play big bank take lil bank anytime broke b!$h. goofy ahh

  • @qassetmanagement379
    @qassetmanagement379 2 месяца назад +1

    A thousand dollars, that's nothing compare to real estate💯

  • @kukatravelingnotary8349
    @kukatravelingnotary8349 7 месяцев назад +4

    All These People Are Selling Courses Etc No One Is Making Money Like That On Notary Alone
    They Are All Lying To You

  • @ElizabethMBoyd
    @ElizabethMBoyd 9 месяцев назад +13

    You dont need to buy a printer if you dont own one go to the public library

    • @itsmet559
      @itsmet559 9 месяцев назад +15

      If you're doing loan signings, please don't print documents at the library or other public spaces. The documents contain people's ssn and other personal info. Please don't do this.

    • @ShayinATL
      @ShayinATL 9 месяцев назад +3

      You still need to account for your time to the library and back. You really think you can have a business and not buy a printer? 😮

    • @ElizabethMBoyd
      @ElizabethMBoyd 9 месяцев назад

      @@ShayinATL yes I have printed many things while traveling at public libraries

    • @ElizabethMBoyd
      @ElizabethMBoyd 9 месяцев назад

      @@itsmet559 my library has software that delets all information automatically from patrons, and no one sees the document s being printed other then the person who is printing them

    • @yorz2benotary
      @yorz2benotary 8 месяцев назад +3

      Using a public library with customers information isn’t a good idea

  • @fpalenciafp
    @fpalenciafp 6 месяцев назад +1

    Also if a good company goes down after a data breach you will go down with it

  • @niquarose8306
    @niquarose8306 7 месяцев назад +2

    The is mobile notary no need to travel

  • @ApostleDrSabrina
    @ApostleDrSabrina 3 месяца назад

    You are not lying.

  • @johnfriedhof3690
    @johnfriedhof3690 5 месяцев назад +1

    But her notary course will allow you to earn the money she is telling you that you cant

    • @notarynerds
      @notarynerds  5 месяцев назад

      100%. Because she is using her expertise as a real estate broker/owner to show you how to circumvent the traditional loan signing. And instead use your status as a public official sworn to do no harm to create new lanes for your business by solving problems for real estate investors and small business owners. @johnfriedhof3690 Don't hate the player...hate game.😘

    • @johnfriedhof3690
      @johnfriedhof3690 5 месяцев назад +1

      @@notarynerds thanks for replying. Only a partial sentence was uploaded. The completed statement was ‘that you can’t using traditional methods that have been used in the past by notaries.

    • @notarynerds
      @notarynerds  5 месяцев назад

      @@johnfriedhof3690 Anytime. Additionally, the complete sentence that was uploaded conveyed the point.

  • @pamelawilliams8705
    @pamelawilliams8705 9 месяцев назад +3

    Well explained

    • @GoodNCrazyNews
      @GoodNCrazyNews 9 месяцев назад

      SHE IS LYING!!! I MAKE 20K a month... She is stupid and got duped LOL

  • @arturomatias319
    @arturomatias319 6 месяцев назад

    I’m signing up for

  • @NomadNotary
    @NomadNotary 9 месяцев назад +3

    My BIGGEST hickups are: Buying a Laser Printer + the fact that signings won't be back to back.
    ...so you'll be driving to an appointment, then back home, then to another one then back home.
    I feel you logically CAN NOT schedule signings back to back, not even if you gave yourself 1 hour in between BECAUSE, any loan signing can go over. Period. Add in your drive time to the next appointment.
    That nothing will be back to back like a full or part time job. and unfortunately, there's no point in getting an office space to make folks come to YOU to do signings so that you CAN fit more signings in a day like a job.
    now, I live in Austin so Austin is smaller physically compared to Houston, Dallas or San Antonio. I can't imagine having to take signings in those major cities.
    nope nope nope - that's why I live in Austin, LOL😁

    • @datplayatony
      @datplayatony 9 месяцев назад +1

      Most companies are expected to send to the documents the day prior. The ones that don’t, I typically will print it at one of my title offices that I have built a relationship with.

  • @HariS-vk6pr
    @HariS-vk6pr 8 месяцев назад +3

    Not true

  • @GoodNCrazyNews
    @GoodNCrazyNews 9 месяцев назад +3

    SHE PROBABLY BELIEVES THE EARTH IS FLAT!!! LOL!!!

  • @divathedivinegoddess8001
    @divathedivinegoddess8001 10 месяцев назад +35

    I'll be unsubscribing now, thank you.

    • @notarynerds
      @notarynerds  10 месяцев назад

      ❤❤

    • @FleurRebelle
      @FleurRebelle 10 месяцев назад +11

      Just curious, why are you unsubbing? Isit the clickbait? title says dont waste your time becoming a loan signing agent, then proceeds to tell u how to become a loan signing agent?

    • @repentorperish133
      @repentorperish133 10 месяцев назад +7

      ​@@FleurRebelle😆😆😆 Exactly 💯

    • @mssonya5014
      @mssonya5014 9 месяцев назад +6

      Those successful agents started at the bottom and look at them now. Your so discouraging,

    • @anytimeneighborhoodnotary
      @anytimeneighborhoodnotary 8 месяцев назад +3

      This is some good advice. I’ve been doing this since 2020, and while I’m still making money, I hadn’t looked at the details you mentioned. I also have been wondering how to be more profitable and what else I can do. Great info, very realistic.

  • @rafaelserratos4490
    @rafaelserratos4490 2 месяца назад +1

    How do people think that getting better at what you do is FRee!!!! That is so lame, i spent abouth 500 to start up plus the annual. So dumb to think that having a business does not cost anything. Dumb Dumb Dumb

    • @notarynerds
      @notarynerds  2 месяца назад

      @@rafaelserratos4490 I agree

  • @yannispizza
    @yannispizza 9 месяцев назад +3

    I bet your a Virgo... lol good video

  • @Inappropriateradiotv
    @Inappropriateradiotv 5 месяцев назад

    A state like Georgia sure but a state like Florida 😂 definitely not a waste this is her experience

    • @notarynerds
      @notarynerds  4 месяца назад

      Men lie. Women lie. Numbers don't. How had your notary signing agent and/or general notary work revenue been this year?

  • @lm2082
    @lm2082 4 месяца назад +1

    Thank you sooo much for stopping me from wasting my time and energy ❤

  • @themr.whatevershow812
    @themr.whatevershow812 8 месяцев назад +2

    I feel bad for your husband

    • @notarynerds
      @notarynerds  8 месяцев назад +7

      I pray that you are blessed in everything that you set out to accomplish.

  • @CharleneOrtizTraining
    @CharleneOrtizTraining 5 месяцев назад

    I think it's great that you're breaking down the expenses that go with being a loan signing agent, but I think it's a little much to say that becoming a LSA is a complete waste of time. Anyone can be successful in any industry if they are willing to put in the effort. Again, as a new notary that's planning on becoming a LSA, I really appreciate the breakdown and putting time into making this video. I will take everything yoi say into consideration. Perhaps if you didn't say that this is a complete waste of time, you would get a better response.