As a notary, you have the opportunity to make money in several ways. Notaries can earn money as signing agents or escrow officers. How much you can make depends on several factors, such as your experience, work type, and the area you live. So whether you are just starting as a notary or looking for new ways to make money, this blog post is for you!
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Here are some tips for making money as a notary
1. Offer your services as a signing agent. Signing agents are hired by title companies, real estate agents, and mortgage lenders to notarize documents. It is one of the most common ways that notaries make Money.
2. Become an escrow officer. Escrow officers are responsible for holding funds in escrow until all of the conditions of a real estate transaction have been met. It is a great way to make money if you have experience in the real estate industry.
3. Offer mobile notary services. Mobile notaries travel to their client’s homes or businesses to notarize documents. This is an excellent option for notaries who want to make their hours and work from home.
4. Notarize documents for online companies. Several online companies hire notaries to notarize documents. This is a great way to make money if you are comfortable working online. If you like working online as a notary, it is a great way to make money.
What is a notary?
A notary is a person authorized by the state to witness the signing of documents and to administer oaths. Notaries are also responsible for keeping records of their transactions, known as notarial acts. To become a notary, you must pass an exam and be appointed by the state.
What are some of the duties of a notary?
The duties of a notary vary from state to state but generally include witnessing the signing of documents, administering oaths, and taking acknowledgments. Notaries are also responsible for keeping records of their transactions, known as notarial acts.
Ways notary public can make Money
1. Be a notary signing agent
Signing agents are hired by title companies, real estate agents, and mortgage lenders to notarize documents. Working as a signing agent is one of the most common ways that notaries make Money.
To become a signing agent, you must:
- Be a commissioned notary public
- Pass a background check
- Complete a training course
Once you have completed these requirements, you can search for signing agent jobs. Many websites list signing agent jobs, such as Notary Rotary and 123Notary.
To be successful as a signing agent, it is essential to:
- Be professional
- Be punctual
- Have strong attention to detail
- Be able to work with a variety of people
Notary publics can make good money by becoming notary signing agents.
3. Transcribe depositions and affidavits
Depositions are oral statements that are given under oath. After the deposition is taken, one must transcribe it into a written format.
Affidavits are written statements that are also given under oath. Notaries can make Money by transcribing depositions and affidavits.
You can charge for transcribing and witnessing the oaths and signing the affidavits.
3. Officiate at weddings
Notaries can officiate at weddings. This is a great way to make money if you enjoy working with people and are good at public speaking.
Wedding officiants typically charge between $200 and $500 for their services.
Some states require special wedding permits to perform these services.
4. Become a loan signing agent
Loan signing agents are responsible for notarizing loan documents. You can work as a loan signing agent if you have some experience in the real estate industry.
To become a loan signing agent, you must:
- Be a commissioned notary public
- Pass a background check
- Complete a training course
Loan signing agents charge a flat fee for their services. The average price is between $75 and $200.
Notaries can make good money by becoming loan signing agents!
5. Sign other types of documents also
Diversification helps in keeping you busy. Though you will earn more money as loan signing agents, be open to signing other types of documents also.
6. Be available on weekends
Most of the people who need notary services are available only on weekends. Being available during these times will help you to make more money.
Most banks and offices are closed on weekends so people might need your services immediately. Notaries can make good money by being available on weekends.
7. Be a mobile notary
Mobile notaries are notaries who travel to their clients instead of meeting them at a specified location. It is an excellent option if you enjoy being your boss and setting your schedule.
Being a mobile notary has a few requirements:
- It would help if you were a commissioned notary public
- You must have your vehicle
- You must have liability insurance
Mobile notaries typically charge a travel fee in addition to their notary fees. The average travel fee is $25.
Notaries can make good money by becoming mobile notaries!
8. Sign digital documents
With the advent of technology, more and more documents are being signed digitally. Notaries can sign digital documents using software called DocVerify.
To sign digital documents using DocVerify, you must:
- Be a commissioned notary public
- Complete a training course
Notaries who sign digital documents charge a flat fee for their services. The average price is $15. Notaries can make good money by signing digital documents!
How much do notaries make?
Notaries generally make around $2000 per month. Almost 2/3rd of notaries will start making $4000 to 7500 after 3 years of experience.
Notaries in the following industries had the highest median hourly wages:
- Federal executive branch
- State government
- Local government
- Accounting, tax preparation, bookkeeping, and payroll services
Notaries in the following states had the highest median hourly wages:
- Washington, D.C.
- California
- Alaska
- New York
- Nevada
Becoming a notary is a great way to make extra money. Notaries can make up to $200 per hour by officiating weddings, transcribing depositions, and becoming loan signing agents.
How much does it cost to become a notary?
The cost of becoming a notary varies from state to state. In most states, the filing fee is between $40 and $60. Some states also require that you purchase a surety bond, which typically costs between $50 and $100. We recommend you check your state’s requirements before beginning the process.
How to become a notary?
To become a notary,
- you must contact your state’s Secretary of State office and request an application.
- Once you have completed the application, you will need to submit it along with the filing fee and other required documents.
- They will contact you to take the notary public examination when they process your application.
- After you have passed the examination, you will be sworn in as a notary public and will be able to begin your new career!
Notaries can make good money by becoming loan signing agents. Loan signing agents are responsible for notarizing loan documents.
Notaries can also earn good money by becoming mobile notaries. Mobile notaries are notaries who travel to their clients instead of meeting them at a specified location.
How to become a mobile notary? What are the requirements?
To become a mobile notary, you must meet a few requirements. First, you must be at least 18 years of age and have a clean criminal record. You will also need to take an oath of office and purchase surety bonds. Once you have met these requirements, you can apply for your mobile notary license.
What does a mobile notary do?
A mobile notary is responsible for witnessing signatures on documents and administering oaths. This can include everything from real estate documents to loan agreements.
Mobile notaries often work with attorneys, banks, and other businesses. They may also work with individuals who need to have documents notarized but cannot make it to a physical notary office.
What are the benefits of becoming a mobile notary?
There are many benefits to becoming a mobile notary. For starters, you can set your hours and work from home. You will also have the opportunity to travel and meet new people. Plus, mobile notaries often make more money than traditional notaries.
Disclosure: This is just general information, not legal advice. You must contact your state to find out how to become a notary. If you are already a notary, this blog post will help to expand your services.
To sum up
These are just a few of the ways that notaries can make Money. If you are interested in becoming a notary, check with your respected state and do the required paperwork.
