Notary Publics who want to earn extra money, whether part-time or full-time, utilize several ways to advertise their services to the communities they serve. Notarizeitbooking.com offers individual notaries the ability to list their service and begin getting booked at the convenience of their own schedule. Even if you already have a mobile notary business it is easy to register your business to broaden your footprint on the market and possibly obtain additional bookings. Below are some best practices for success once a notary is listed and has begun getting services that they offer booked:
1. Know the Notary Laws for your state:
It is the Notary Public’s responsibility to know and understand the notary laws. A knowledgeable professional is confident, allowing their customer to be at ease by receiving service from someone who is well informed. There are various documents which can and cannot be notarized depending on the state or jurisdiction. There are also different ways of how a document can be notarized such as Remote Online Notarization (RON). RON allows notarization and witnessing to be performed remotely, using real-time audio-visual technology. Notaries should know if RON is legal in their state and the criteria which needs to be met in order to provide this service. Another example would be a Loan Signing Agent (LSA) completing home closing documentation with a borrower. LSAs should never provide advice or explanations of these documents and if done, the contracting company will likely not book you again. This could also potentially trigger a poor review and low star rating on notarizeitbooking.com. However, there may be an experienced Notary Mentor in your community listed with notarizeitbooking.com you can reach out to. There are also several online outlets who offer free or low-cost training for notaries. Notary Publics can also check with their national and local notary associations for ongoing updates and links to educational and professional resources.
2. Notary Loan Signing Agent Training:
Loan Signing Agents are Notary Publics who are booked by mortgage companies, escrow companies, title companies, and signing services to identify loan documents and obtain signatures from the borrower. In some instances, the notary will also deliver the documents to the borrower. When Notary Publics get loan signing jobs booked by escrow officers and other mortgage professionals, they are generally paid anywhere between $150 and $200 per loan signing. This fee is typically listed on the closing statement, as the ‘Loan Signing Fee’ and has its own line item (Wills, M. 2022). Although formal training is not necessary in every state, notaries should be competent on how to process these documents when booking appointments to provide loan signings. It is important to check with your state laws for necessary training requirements prior to accepting jobs for these services.
3. Be Professional:
To maximize your chances of retaining clientele, notaries should be courteous. Call the customer immediately after a booking alert email, show up to bookings on time, be polite, and dress professionally when performing services. Great customer service will likely get you a 5-star review and prompt a new customer to re-book you for future notary needs. In addition, there is a good chance that the customer will refer you to others in the community. They may also use other services you offer on notarizeitbooking.com such as fingerprinting or field inspections.
4. Obtain Errors & Omissions (E&O) Insurance:
A Notary should be sure to advertise that they have E&O insurance. E&O Insurance protects the Notary Public in the event of unintentional mistakes, omissions, or false claims filed against them. It is very likely that title companies will require a notary to have E&O insurance before booking them for mortgage loan signings.
Reference:
Wills, M. (2022) How Much a Notary Public Loan Signing Agent Can Make Per Month. Loan Signing System. https://www.loansigningsystem.com/blog/how-much-a-notary-public-loan-signing-agent-can-make-per-month
