Introduction
A notary signing agent is a notary public who specializes in facilitating loan closings for mortgage lenders, title companies, and other financial institutions. As a notary signing agent, you will be responsible for verifying the identity of the signer, witnessing the signing of documents, and ensuring that all documents are properly completed and signed.
The benefits of becoming a notary signing agent include flexible hours, good pay, and the opportunity to work from home. According to the National Notary Association, “The average hourly rate for a notary signing agent ranges from $50 – $175 per hour.” Additionally, “Many agents earn six figures or more annually.”
Qualifications and Certifications Needed to Become a Notary Signing Agent
In order to become a notary signing agent, you must meet certain qualifications and certifications set by your state. The requirements vary from state to state, but generally, you must be 18 years of age or older, a resident of the state where you are applying, and have no criminal record. Additionally, you must pass a background check and provide proof of a bond.
The application process usually involves completing an application with the Secretary of State, submitting a fee, and providing documentation such as a valid photo ID. Once you have submitted your application, you will need to take and pass an exam. Depending on your state, this may be either an online or in-person exam. You may also need to complete a Notary Signing Agent training course.
Duties of a Notary Signing Agent
As a notary signing agent, you will be responsible for verifying the identity of the signers, witnessing the signing of documents, and ensuring that all documents are properly completed and signed. You may be asked to notarize a variety of documents, including loan applications, deeds, and affidavits. It is important to understand the legal responsibilities associated with being a notary signing agent, including understanding the documents that you are notarizing and following the laws of your state.
Fees and Setting Rates
Notary signing agents typically charge a flat fee per document or a per-signature fee. According to the National Notary Association, “The average fee charged by a notary signing agent is $95 per document.” However, you may choose to set your own rates based on the complexity of the documents and the number of signatures required.
When setting your rates, it is important to consider the costs associated with being a notary signing agent, such as purchasing notary supplies and paying for continuing education courses. Additionally, you should factor in the time and effort required for each signing, as well as any travel expenses if you are offering mobile notary services.
Marketing Yourself as a Notary Signing Agent
In order to find clients as a notary signing agent, you will need to market yourself. Networking is one of the best ways to do this. Reach out to local real estate agents, banks, and title companies and let them know about your services. You can also join professional organizations and attend events related to the industry.
Advertising is another way to market yourself as a notary signing agent. You can place ads in local newspapers and magazines, as well as on websites such as Craigslist. Additionally, you can use social media platforms such as Facebook, Twitter, and LinkedIn to promote your services.
Conclusion
Becoming a notary signing agent involves meeting qualifications and certifications, understanding the duties of the job, setting fees, and marketing yourself. In order to qualify, you must meet the requirements set by your state, which usually include passing an exam and providing documentation such as a valid photo ID. As a notary signing agent, you will be responsible for verifying the identity of the signer, witnessing the signing of documents, and ensuring that all documents are properly completed and signed. You should set your rates based on the complexity of the documents and the number of signatures required, and factor in the costs associated with being a notary signing agent. Finally, you should market yourself by networking, advertising, and using social media platforms to promote your services.
By following these steps, you can become a successful notary signing agent. With the right qualifications, knowledge, and marketing skills, you can enjoy the flexibility and financial rewards that come with this profession.
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