How much money Do Mobile Notaries Make?

By: Vernon Williams

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Let’s talk about how much money a mobile notary can make! This can be done while working as a notary signing agent. We recommend doing both to make substantially more money. It’s great to build up your clientele, expand your circle of network, and all around business. Below you will find not only how much a mobile notary will make, but you will also learn more about the industry! This is an industry that you need to jump into now!

The mobile notary signing agent industry is an excellent way to start your own home business. The mobile notary signing agent industry continues to grow quickly. As a Mobile Notary Signing Agent, you are a critical link for your company. You are responsible for ensuring that every loan and application is accurately documented.

Becoming a mobile notary signing agent is the best way to build a passive income. And it’s easy to do! To help you take on roles as a mobile notary signing agent, we have put together this guide that teaches you everything you need to know.

What is a Mobile Notary?

A mobile notary is a person who can witness the signing of documents and other important papers. Their job is to witness the signing of these documents so that both parties can be sure that the signatures on these documents are valid and authentic. This is especially important for legal documents, such as wills or adoption papers, where both parties must be present to sign these documents. A mobile notary will come to your location and perform their duties; they do not need to return to their office to perform them.

How to Start Your Successful Mobile Notary and Loan Signing Agent Business

Here are the top tips for starting your own successful mobile notary loan signing agent business:

Write Down Your Simple Mobile Notary Business Plan

A business plan is a written document that clearly defines your goals and objectives so you can reach them. It will also help you to organize your thoughts and keep everything in perspective. Writing down your goals helps you to stay focused on what it is you want to accomplish with your mobile notary business. If this is your first time writing a business plan, there are many resources available online that can help guide you through the process.

Get Your Notary Commission in Your State

The next step is getting your notary commission in your state of residence or wherever else you may be traveling to perform loan signings. Each state has different requirements and regulations for becoming a notary public. If you were running a mobile notary business, for example, in Texas, you would need to become licensed as a Notary Public with the Secretary of State’s office and pass an examination administered by that office. Each state has its own rules and regulations regarding this process, so research how each one does it before attempting anything.

Complete Your Loan Signing Agent Training

Loan signing agents must be trained to verify documents, complete forms, and ensure that all signatures are authentic. This training will help you understand what’s required of you as an independent contractor working with lenders and title companies throughout the country. Check out the training by clicking here.

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Set Up Your Home Office

Once you have completed your training, it’s time to set up your home office. This will be where you do all of your work as a loan signing agent and where you can meet with clients for signings. You will need a quiet and private area, so clients feel comfortable during their appointments. A home office is essential when starting your mobile notary business because it allows you to set up a consistent location for conducting business calls. It also helps build trust with clients by showing them that you’re serious about running your business. Click here for home office supplies.

Get Business from Signing Services and Direct from Escrow and Title Companies

If you have a listing with a signing service, you may get calls directly from escrow and title companies who need notary services. Consider getting one if you don’t have a listing with a signing service. The more businesses are aware of your availability, the better your chances of getting more business. Additionally, having an online presence is essential for success if you want to grow your business. Getting listed with a signing service will help ensure that people know about your services. You can also market yourself directly to other companies by handing out cards or flyers at events related to real estate transactions.

How Do I Find a Mobile Notary?

Many states allow you to use a mobile notary as long as they meet certain requirements. You first need to check with your state to make sure they enable mobile notaries. If they do, you can find one online or by searching on Google or using other directories like Yelp or Angie’s List. You can also ask friends and family members if they know of any good mobile notaries in your area.

How Do I Use My Mobile Notary?

When you want to use your mobile notary services, you must make an appointment through their website or by calling them directly. Once you have made that appointment, they will come out to where you are and perform their services there. You will need to bring all the paperwork that needs signing with you when they arrive; they will then review it with you before they sign it and witness any signatures that need witnessing on these documents. You should also bring identification when using mobile notaries because they will ask for it before performing any tasks related to witnessing signatures on legal documents or witnessing signatures.

How Much Can You Make as a Mobile Notary Signing Agent?

Notaries earn a commission based on the amount of transactions they complete. This means the more clients you have and complete assignments for, the more money you make. However, if you’re just starting in this field, you won’t be making all until you have enough clients and experience. The average notary signing agent makes between $107,260 a year.

It’s important to understand that your State will set the prices for a notary. That pricing may be anywhere from $1 to $5! Yes, that’s it. However, you may charge a travel free. So, above is just an example. Obviously, New York pricing would be drastically different than Oklahoma.

What are the Requirements to Become a Mobile Notary?

Aspiring mobile notaries must first get their notary commission. This can be done in a couple of ways:

Getting Your Notary Commission

To become a mobile notary, you’ll need to apply for a state-issued notary commission and get it renewed every few years. Getting your notary commission can take anywhere from two weeks to six months, depending on whether or not you have any criminal history.

Once you have your commission, you’ll need to pay an annual renewal fee, and you’ll also need to take continuing education courses each year to renew your license.

Errors and Omissions Insurance

You’re required by law to carry errors and omissions insurance as a mobile notary. This type of insurance protects you if someone sues you after incorrectly witnessing their signature or performing some other service as part of their job.

A Notary Stamp

A notary stamp is a rubber stamp with the notary’s name, state seal, and expiration date. A notary stamp is used to authenticate legal documents by marking them with the notary’s signature. The notary will also sign their name in ink next to their stamped signature. If you plan on becoming a mobile notary, you will want to purchase a notary stamp to authenticate your legal documents.

A Notary Journal

The notary journal is essential to being a mobile notary because it records all information about the signed document and any other person involved in the signing process. The journal must be kept in chronological order so all information can be easily retrieved when necessary.

A Laser Printer and Scanner

You will need a laser printer and a scanner for your mobile business. These two items are essential because they allow you to print out documents for your clients and scan signatures onto electronic copies of documents for easy storage and retrieval later down the road if necessary.

Conclusion

While the requirements for becoming a mobile notary signing agent vary from state to state, you can check with your state secretary’s office or insurance carrier to find out what is required in your area. Furthermore, several online resources have helpful guidelines for notaries and signing agents. Following the proper procedures will help to protect yourself and your clients from any missteps along the way.