Understanding Signing Services: A Beginner's Guide

Just starting out? Let me tell you about signing services! They are a great way to create extra income in our industry.

What Are Signing Services?

Signing services are specialized companies that act as a bridge in the loan signing process. They're the ones who create connections with those who need documents signed – such as escrow companies, mortgage firms, and real estate agents. Their main job? To ensure that loan documents are signed accurately and on time. Once a title company contacts a signing service, that is where the work really begins.

How Do They Work?

When loan documents are ready, the mortgage professional notifies a signing service. The signing service then has a critical task: they need to find a notary public loan signing agent who's not just skilled but also geographically close to the borrower's location ( unless its remote online notarization capable). This is where you come in.

Why Are They Important for You?

For a new notary public loan signing agent, understanding and leveraging signing services is key. They're like the matchmakers of the industry – they connect you, the notary, with those who need your services. They take care of finding clients, which can be a significant hurdle when you're starting out. In return for their services, they take a portion of the signing fee. They also act as a little bit of a guide. If you have an issue or a question, I would encourage you to reach out to the signing service directly.

What's the Catch?

While signing services provide opportunities, remember that they take a cut of the fee. This means you might earn less per signing than if you worked directly with a mortgage company or escrow office. However, the trade-off is access to work and less time spent on marketing and client acquisition.

Tips for Success:

1. Be Reliable and Professional: When you get an assignment, execute it flawlessly. Timeliness and accuracy are your tickets to getting repeated calls.

2. Network and Build Relationships: While signing services are a great start, building direct relationships with local real estate and mortgage professionals can lead to more lucrative direct work.

3. Keep Learning: The more you know about the mortgage and real estate industries, the more valuable you become to signing services and their clients.

In essence, signing services are a stepping stone in your notary public loan signing agent career. They offer a practical way to gain experience, build your reputation, and eventually, expand your network for more direct opportunities. Welcome to the industry, and remember, every signing is a chance to grow your career!

The big ones are:

Snapdocs

Signature Closers

Signing Order

And ones I love working with:

Comfortable Closings

Em Closings

Notary Dash

Unlimited Ink

Peak Signings

Lotus Notary

True Signings

P.S. A crucial point to remember! Exercise caution if you're considering approaching a title company directly after being contracted through a signing service. It's important to recognize that these signing services have invested significant effort in building relationships with many businesses. Therefore, it's more professional and ethical to acquire clients through your own initiatives rather than leveraging the connections established by the signing service. This approach not only respects the efforts of the signing services but also helps you build a strong, independent reputation in the industry.

If you have questions or would like to sign up for mentorship, reach out to katie@notaryswfl.com

Follow me on instagram at: @notaryswfl and best of luck!!