How a Notary Public in Oklahoma Can Make the Best Bargain With Loan Signing Companies

How a Notary Public in Oklahoma Can Make the Best Bargain With Loan Signing Companies

            Professional notaries public put a great deal of time and effort into their work.  This is especially true for mobile notaries who utilize their cars, gasoline, mileage, printers, paper, etc.  Indeed, an Oklahoma notary public may also carry errors and omissions (E&O) insurance, and may have successfully completed specialised notary public training courses.  When also factoring in the cost of the commission, notary supplies, advertising costs, etc., this can prove to be quite a large investment.  This is precisely why Oklahoma Judicial Process Servers www.OklahomaJudicialProcessServers.com wants other notaries in Oklahoma to know how to ensure that signing agents and title companies pay them fairly for their services.

            Once a notary public has gotten himself or herself set up with all of the commissions, training, supplies, etc., phone calls are likely to follow.  While Oklahoma currently has a set maximum price of $5.00 per signature if someone comes to meet a notary at his or her home or office, there is no such limit when the mobile notary travels to the client.  While some signings that require the services of a mobile notary might include individual clients who are seeking car title changes, wills, etc., other more lucrative contracts will come from loan signing agencies such as Banc-Serv.    

           

Loan signing and title companies often require services for home loans, sellers’ packages, refinancing loans, and more.  It is important to keep in mind that the banks, title companies, and the loan signing agencies all stand to make a profit from the transaction, and mobile notaries should as well.  This is why it is imperative for notaries in Oklahoma to try to find out how much their corporate client stands to make off of the deal.

Mobile notaries will seldom, if ever, make more than their clients do, as this takes away the financial benefits and incentives for their business.  However, if the loan signing company stands to make $200, it might be willing to pay $150 for a new home loan.  Of course, since loan signing companies are also out to make a profit, they are going to try to find the best notaries around for the cheapest possible price.  This is where the cost benefit analysis for this field becomes especially important. 

Finding the right balance between how much a notary public can get for his or her services and what the client is willing to pay becomes crucial.  If an Oklahoma City notary public is always setting the price very high, others mobile notaries may receive more calls than those with lower prices.  Of course, those who prostitute themselves out for next to nothing will get more phone calls, but they will also make less money for their time. 

It is also important to note that a signing agency’s first offer to a notary public is generally not as high as it can really go.  Thus, if a signing agency offers $75 for a relatively small signing, it can usually increase that amount.  It seldom benefits notaries to settle for the first offer they receive from new customers.  Responding politely with a fair counteroffer can often help net the best possible fees.

Aside from the aforementioned, Oklahoma notaries should really consider the following additional factors when setting their mobile notary fees, which include but are not limited to the following:

Ø  How soon the service needs to be done

Ø  Whether or not bilingual services are needed

Ø  The time of day the signing needs to take place

Ø  The distance to and from the signing (i.e., mileage and gas)

Ø  The number of pages the notary will need to print out

Ø  Whether the signing will take place on a weekend and/or holiday

Ø  Postage costs and whether special trips to FedEx Office or the United States Post Office will be necessary

Ø  Whether or not the client wants everything or even certain pages faxed back or sent via e-mail

Ø  Other individual/personal factors and considerations for the notary

The more of the aforementioned that the signing agency or title company requires, the higher the Oklahoma City notary public should set the price.  Time is money, and supplies also cost money. 

It is imperative that notaries public not set their standards too low and work for too little.  This pushes down the price for professional notaries so much that it makes it harder for all other mobile notaries to thrive.  Mobile notaries who have a clear understanding of the signing agent’s needs, how much company is getting, and how much time and supplies are required from the Oklahoma notary public, can often negotiate the best possible price.   

How an Oklahoma Notary Public Can Change a Life

How an Oklahoma Notary Public Can Change a Life

            One might think that a notary public merely puts his or her stamp on a piece of paper.  But mobile notaries do so much more than just that: they change lives.  Yes, they, too, leave their stamp on society just like teachers, police officers, and other officials.  Oklahoma notaries, such as the professionals at Oklahoma Judicial Process Servers www.OklahomaJudicialProcessServers.com, who have been in the profession for any length of time know this all too well. 

Oftentimes people can inadvertently put off very important matters until the last minute.  Sometimes they call upon a notary, because a loved one is dying quickly and the person has not made a will.  Whether it is in Oklahoma City, Edmond, Norman, Yukon, Mustang, Tulsa, Stillwater, or elsewhere in Oklahoma, death eventually comes to everyone.  Clients who call to get assistance so that the post-death time of mourning can be easier and more settled, benefit greatly from the emergency signing services a notary public in Oklahoma can help provide. 

At other times a car deal needs to take place, but the buyer plans to leave the very next day for another state.  In this situation, an Oklahoma City notary public can help seal the deal and get the car title transferred to the new owner.  Otherwise, the buyer may change his or her mind and get something else.  Time can sometimes give people the opportunity to change their minds, and this can be bad for someone trying to sell something!  Once again, an Oklahoma notary public can save the day – or night!

Sometimes people call because there is a beauty pageant the next day.  Unfortunately, no one noticed that a notary public had to notarize the parental permission form for the audition.  Now it is midnight, and there is no one available to do it.  Without assistance, participation in this important competition will be almost impossible for the young beauty queen.  Never fear!  Day or night, an Edmond, Oklahoma notary public can help ensure that the show still goes on.

Those who consider utilizing the services of a notary public should remember to thank him or her.  A skilled notary with errors and omissions (E&O) insurance is not always readily available.  Those notaries that that are willing to travel or help clients late at night are sometimes in short supply.  The Oklahoma notaries at Oklahoma Judicial Process Servers stand ready to help others day and night.  Indeed, notaries everywhere who travel far and wide or work at all hours of the night have truly changed many lives – even if they themselves do not realize it.

Oklahoma Notary Public Services Enhanced by Certification Training

Oklahoma Notary Public Services Enhanced by Certification Training

            Another professional field in Oklahoma which could certainly benefit from mandatory training is the notary public profession.  An individual who serves as a notary public in Oklahoma essentially just has to pay a fee, sign an affidavit, and get his or her commission.  This is probably acceptable for many types of basic services that mobile notaries perform, but it still leaves those in the profession, well, untrained and less professional.

            A wide variety of training exists that can help notaries get enhanced training.  These types of programs, many of which are online, also help notaries learn more about the applicable laws that pertain to their profession.  The National Notary Association (NNA) offers some helpful training through its site, which can be found on  http://www.nationalnotary.org/notary_training/index.html.  Those who are serious about the profession should not only consider joining the National Notary Association, but they should also give great consideration to joining the NNA.

            The National Notary Association, which Oklahoma Judicial Process Servers www.OklahomaJudicialProcessServers.com gets its insurance through, also offers wonderful errors & omissions (E&O) insurance.  This helps protect notaries and even owners of companies from liability, in the event they make some kind of mistake.  A notary public in Oklahoma that does general work for the public should probably carry about $25,000 of E&O insurance, while those doing much bigger jobs for banks, etc., should carry about $100,000.  However, many notaries do not even know that such insurance is needed or even exists, as few companies or other organizations take the time to explain this to those seeking to serve as mobile notaries in Oklahoma.

            Training of some sort always helps in almost any profession, and professional notaries are no exception.  Certifications and further education in the field will not only enhance a notary public’s ability to perform his or her job, but training also builds confidence and trust in a notary public’s ability to perform the job correctly.  Thus, a little investment could pay off some big dividends to both the notary public in Oklahoma City and the clients he or she serves.