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5 Steps to a Six Figure Income as a Notary Public

August 29, 2020 admin Leave a comment Uncategorized

Step 1: Basic Requirements

To become a Notary Public, the requirements vary by state.  Some states have an exam requirement and others don’t. For all states, the minimum requirement is that you are at least 18 years old and a resident of the state where you are getting your commission.  In some instances, you can get a commission in a state if you work or own a business there even if that is not your home state.  You will also be required to complete a background check and obtain a bond.

Step 2: State Commission Requirements

Once you have completed the basic requirements, you will have to file an application with the Secretary of State to receive a notary commission.  Once you have filed the necessary application, paid the appropriate fees and obtained your bond, you will be able to get a commission number assigned.  The commission number is your specific identifier as a notary public for the state and county where you have registered.  While you are waiting for your commission to be assigned, you can complete the next step.

Step 3: Loan Signing Agent Training

Notary Publics in each state are limited in the amount of money they can charge for each signature.  You are not going to make a six figure income just doing normal notary signings.  However, as a loan signing agent, you will make $100 or more by completing tasks associated with closing loan documents as well as notarizing those documents as needed.  Loan signing agents get assignments from signing agencies, title companies and lenders to complete mortage loan closings for them.  Generally, these closings take about an hour.  So if you completed 20 loan closings a week at $100 per closing you would earn over $100K per year.

In order to acheive the Loan Signing Agent designation you will need to complete additional training and receive the designation either from the National Notary Association or from the Loan Signing System.  This is not a state requirement however signing agencies, title companies and lenders require the additional training to ensure you have the skills and knowledge necessary to accurately complete loan signings on their behalf.  After completing the required training, you will need to complete an industry specific background check and obtain E & O insurance.  Once that is complete, you are ready to go into business.

Important Note:  Some states do not allow non-attorneys to complete loan closings or have limitations on the actions a notary can perform with respect to loan closings.  Be sure to consider the laws in your state before investing in a loan signing training program.

Attorney States: Georgia completely prohibits any non-attorney notary from doing any loan signings. Here is a list of states with restrictions: Connecticut, Delaware, Georgia, Massachusetts, South Carolina, South Dakota, Vermont, and West Virginia.

Step 4: Essential Office Supplies

The supplies needed to be a successful notary public notary/loan signing agent are few.  Below is a basic shopping list of required items to get you started as well as some optional ones that wll make life a little easier for you.

Required Supplies:

Notary Journal – All states require that notarial acts be recorded in a journal

Notary stamp – This will have your commission number and your state seal

Fingerprint pad – Some notarial acts will require that the signers fingerprint be recorded in your journal

Computer – Technically you will receive your offers on a phone or tablet but it is necessary to have a computer to print loan packages for signings.

Laser Printer with 2 trays – Loan document will be presented as both letter and legal size and must be printed that way.  It is critical to have a printer that can print both letter and legal size pages.

Paper – To get started you will need one case of letter paper and at least one ream of legal paper.  After you get started, you can subscribe to a paper delivery service Office Depot or Staples.

Optional (but helpful) Supplies

Locking Notary Bag – Keeping your notary supplies and documents secure is a requirement for notaries.  You will be wise to invest in a bag to keep all of your essentials safe.

Business Cards – This is a nice to have but will help you with marketing yourself to title companies and lenders.

Step 5: Market Yourself

So now that you have your commission and your supplies, the next step is to market yourself.  The first step is registering with as many signing agencies as possible.  There is an exhaustive list of national signing companies here but there are a few that you should start with to start getting orders in the shortest possible time.

Snapdocs – is a nationwide platform for signing agencies to locate and offer jobs to notaries.

SigningOrder – is another nationwide platform with lots of volume for newcomers

There are many, many more agencys to sign up with and the more the better when you are just starting out.  Once you get started you can narrow down your preferred agencies and areas but its best to start out with a wide range of opportunities.

Ready, Set, Go!!

You now have everything you need to get started on your path to a lucrative new career.  But as with anything else, you will get out of it what you put into it.  Follow the steps and you will most definitely find success!

You + the Internet + A Profitable Income Opportunity

August 29, 2020 admin Leave a comment Uncategorized

The amazing thing about the Internet is that there are literally hundreds of ways to make extra cash with a little bit of training and time invested.  You have no doubt received at some point in time emails claiming to allow to you “Get Rich Quick” using some internet recipe that is supposedly foolproof.  The reality is, if it were that easy, everybody would be rich. There are however many opportunities that teach you the basics of internet marketing, traffic generation and web design in such a way that if you put in the time and effort, you will earn money.  Wealthy Affiliates is one of those opportunities.

Why Wealthy Affiliates?

I have personally been on the Internet longer than most.  I wrote my first webpage for the Mosaic web browser using Microsoft Notepad.  Yes, a simple text editor.  That was back when you needed a dial tone to connect to the internet at all.  Well that was a long time ago and along with the improvements to the internet and connectivity came improvements to the tools used to create for the Internet.

Wealthy Affiliates is worth exploring because it combines a suite of tools that make creating for the internet seemless and easy for anyone to learn.  In addition to the wide variety of tools and lesson plans, mentors are readily available to help with just about every aspect of getting your site up and running.

What About Making Money?

The tools on Wealthy Affiliates not only help you to create a web presence, they help you to monetize that presence with the same tools and mentorship that help you with site building.  The community of people on the site are all so willing to help everyone succeed while they are working to succeed themselves.  It’s a win-win situation when you have a group of like minded people all working to acheive the same or similar goals.

Give It A Try

With Wealthy Affiliates you can try it for free or subscribe to one of their memberships to have access to all of the benefits available.  I don’t think you’ll be able to find another platform that is so well suited to beginners.  If you are looking for an avenue to create passive income, Wealthy Affiliate is the way to go.

Tip for Success #3 – Keep Learning

August 29, 2020 admin Leave a comment Uncategorized

This year has been full of ups and downs for many of us.  The volatility of our life experiences and the daily changes has forced everyone to rethink and reconsider what’s important as well as what we choose to spend our time and efforts on.  The one thing that has stood out most for me is the need to keep learning, no matter what.

If you only read one book this year, the one I would start with is the Four Agreements. This book relies on Toltec wisdom to present a new way of viewing the world and your position in it. It has been described by some as a ‘Code of Conduct’ for a prosperous life. I highly recommend this book as the beginning of your exploration into new perspectives on the world and as a vessel to make a change, starting with your own way of thinking.

Tip For Success #2 – Networking

August 29, 2020 admin Leave a comment Uncategorized
One of the most intimidating things about starting any new venture is feeling like you’re all alone.  Equally so, trying to scale up or improve is difficult without resources around you to help you figure out what you don’t know.  For this reason, one of the most critical components of success is networking.

Find Like – Minded Individuals

For just about anything that you may be interested in doing, there is likely someone who has done it before. They may have done it before successfully or unsuccessfully but either way, there is something to be learned from their experiences.  I can’t overstate the value of communicating with people who are doing or are interested in doing the same thing that you are.  I recently began a business as a Notary Loan Signing Agent in California.  This is a job that requires you as a notary to witness people, usually borrowers purchasing or refinancing a house, sign all required documents.  For transactions such as this it is critical that they are accurate.  Inevitably however, there comes a document that is new or just hard to understand.  In my business, I have been able to create a group for notaries who are all doing the same type of work.  As such, if I get stuck I have not just one person but a group of people I can call and rely on for advice.  This arrangement helps me be successful and helps them as well.  These types of arrangements are found all of the time in professional membership associations and organizations.  But it doesn’t have to be that formal.  Find people around you with similar interests and create a way through group chat or social media to keep in contact.  This mutually beneficial arrangement will ensure that you have the best chance at success.

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Don’t Be Afraid to Share Your Thinking

One of the things that stops people from networking effectively is a fear of sounding stupid.  Or to put it more eloquently, a fear of not sounding smart.  The truth is, everyone has some level of fear when doing something they haven’t done before.  And the people who are most vocal about what they are about to do, aren’t trying to sound smart, they’re looking for feedback.  You can have the best idea in the world, or the worst idea in the world but if you never share it with anyone, you won’t know which it is.  If you talk through your ideas with the like-minded people you identified above, they can help you by pointing out flaws in your logic or suggesting other angles that you never thought of.  It really isn’t possible for one person to know everything about any one thing.  There will always be someone else who through their own different experiences has a different perspective that can help you see your way through a potential pitfall.  The key is to let go of the fear of sharing ideas and be willing to learn from the feedback you get.

Keep an Open Mind

Speaking of feedback, this last point is really, really critical.  There is no point in getting the opinion of others if you are so stuck in your ways that you don’t really listen.  In the process of networking and sharing ideas with others, there are going to be times that you hear things you don’t want to hear.  Maybe someone tried the same idea you had an had a negative outcome.  Maybe someone tried the idea you have and had an extremely positive outcome.  In either case, this information could be enough to make you ditch your idea all together.  Don’t.  Keep an open mind.  If someone tries your idea and has a negative outcome, learn all you can about what they did and what went wrong.  You may be able to tweak the process and make it a success.  If someone tried your idea and was hugely successful, don’t shelve it.  There is always room for another player in the game of life.  Find out how their idea is similar and how it is different from yours.  Then tweak the idea if necessary, to appeal to a different demographic, regional area or even just another variation of the product.  The point is that if you look for it, you will always be able to find a reason NOT to do something.  The path to success is looking past those reasons and focusing on the reasons why you should.

 
Lessons not Failures

Tip For Success #1 – Don’t Be Afraid to Fail

August 29, 2020 admin Leave a comment Uncategorized

I had an interesting conversation with one of my adult sons the other day.  We were discussing what makes people stagnate and not take action when clear and positive actions are provided to them.  The conclusion was that more often than not it is fear.  Fear of failure is probably the single most common reason that 95% of the great ideas that people come up with never make it to fruition.  I know that even for me, there have been many things I’ve been hesitant about that could have improved my life or my situation at any given time, but I couldn’t find the courage to just move forward.  So, here are a few tips that helped me to finally start taking action and to overcome the fear.

Take Small Bites

I really love that old adage: “How do you eat an elephant?  One bite at a time!”.  For me that is such sage advice for life that it should be taught to everyone starting in elementary school!  Once of the biggest reason fear becomes such a controlling factor is that we look at change as a HUGE process instead of just focusing on the little steps we can make toward the desired end.  Take starting a blog as an example.  I spent a lot of time thinking about what I would write about. What would people think about my writing?  How would I build up enough articles so it wouldn’t be boring? What about a website? What should I name it?  All of that thinking and all of those questions got me exactly nowhere.  I spent a lot of time questioning and being afraid of failure and no time learning.  Ultimately, it was Wealthy Affiliates that helped me to move past the fear and into action.  By associating with a community of people who were all in the same place I was, I didn’t feel so vulnerable to failing.  More importantly, the training modules helped me break the process down into one small bite at a time.  Each lesson completed helped me shed a little more fear, make a little more progress and build a little more confidence in my own abilities.

 

Reach Out to Others

I may start to sound like a broken record here but once again, it was Wealthy Affiliates to the rescue for me here.  There are literally thousands of members on Wealthy Affiliates from all over the world.  Fortunately, there are also some of the most friendly, encouraging and supportive people I’ve ever met.  Having a ready resource to rely on with questions, concerns or even just to vent frustrations does wonders for alleviating fear.  When you know that there are people around who understand what your trying to do, have been where you are and who are willing to help you be successful, the fear of failure tends to just ease away.  Even if your goal isn’t building a website, finding a community of like-minded people is a must do for getting over fear and making any progress.

 

Find Your Why

Not to sound like a cliché but finding your WHY? Is the ultimate weapon against the paralysis of fear.  Just about every self-help guru, book or program these days will in some way incorporate the process of finding your why and the reason is simple.  For every individual person, there is at least one thing that will cause you to move.  For some people it’s a health scare.  For others the fear of homelessness.  For some others it could be loneliness, hunger or even boredom.  But somewhere in each of us there is at least one trigger that when activated will set you in unstoppable motion.  A big step toward getting over fear is finding that trigger and plastering it all over the walls, literally.  Make a poster and put it somewhere that you’ll see every day that says, “This is My Why!”  Use a picture or words or whatever makes it clear and real to you.  And every time you feel like fear has you stuck, look at it and remember that there is a reason to keep going.

Hopefully this helps you to overcome whatever is holding you back.  It isn’t easy or simple and definitely takes practice, but I know you can do it if you set your mind to it.  We were all designed for greatness but it’s up to us to realize that purpose through our actions and achievements.

If you have other tips about ways you’ve been able to overcome fear, leave them in the comments below.  Maybe you’ll be the help that someone else reading this article will need.

 

You’ve Taken the First Step Toward Starting Your Business!

October 7, 2017 admin Leave a comment Uncategorized

I’ve talked to many people over the years who have some amazing ideas for starting businesses and making money.  Inevitably, the question always comes up.  How do I get started?  Unfortunately it is really easy for us to come up with ideas based on things we ourselves need or that we observe other people needing.  The problem is that putting that idea into a financially feasible plan takes much more work.  Many people just abandon their ideas because the idea of creating a business plan is just too daunting.  With this site, I hope I can eliminate a little of the mystery behind taking the first steps.  Developing a business idea is hard work and takes a good bit of dedication but with a little bit of information up front, we’ll try to make it a little easier.

Stay tuned for links information and definitions that should help you get on your way.  In the meantime, leave a comment or send us an email at hello@colemanbizservices.com if there is something specific you need right away.