I have been reading for several weeks that Service Link, a national document signing company, has been calling notaries asking them to lower their fees in order to stay in their database. I had not received that call until today...
Brittany calls to tell me that they are requesting that I lower my fee to $45 for overnight and $55 for edocs and if I did not lower my fees then I couldn't expect to receive any future calls and that a "ton" of notaries had already accepted this new lower fee. Well, I proceeded to tell her that I could not be a part of that "ton" so I was not accepting their new lower fee schedule and thanked her time before I got off the phone.
Just last week I received an edoc signing from Service Link for $90 so $45 would be an exact 50% pay cut! I do not know who can live off a 50% pay cut but I can not. It is really sad that while these companies still make millions they are attacking the easiest target, the independent notary. I have not made $50 for a loan signing since I first became a notary 7 years ago and I refuse to go backward.
If all notaries said no then Service Link would have no choice but to stop their bullying and pay us what we're worth! I will find another line of work before I accept these kind rates.
3 comments:
I agree, I have refused to lower my rate to some of the ones that say 40.00 and drive 25 to 30 miles. That barely buys the gas. they telly ou that they have a lot of notaies taking $40.00 to get the work. I just tell them they better use them because I am not going to work for that. Some times I get a call back for my fee. espcially when you see what they are charging the title companies.
Agree wholeheartily. We really can't take less as it then becomes not worth our time to even do the job. Stick together.
Scott
AllianceNotaryServices.com
I am also agree that rate should not be lower as much but can make some percentage of minimization as much as possible..
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