Do you enjoy taking photos? With today’s technology taking photos has become easier than ever. You don’t even have to have a camera these days. There’s phones, tablets even watches that have the ability to capture any moment. If you’ve ever thought about the possibility of making money by simply taking photos you might want to consider becoming a field service inspector.
Field service inspectors typically do drive-by inspections. A drive-by inspection involves you driving by a home or property and taking front exterior images including the house number. The condition of the house is usually notated such as the color, attached garage damaged window, etc. The time it takes to complete an inspection like this is very minimal. In most cases you don’t have to even come in contact with the borrower.
Most companies are willing to pay anywhere from $3 to $10 for each property that is photographed. You can make an easy $30-$100 just doing 10 houses a day. In addition to drive-by inspections you may also want to take the time to consider doing interior inspections. These type of inspections are a little more detailed than the drive-by inspections.
With the interior inspections you are required to go inside vacant homes that have been secured. Your given a key or code to enter the home and your simply taking photos of the inside of the property. 1-2 photos of every room is typically required. You are also notating any damages, flooding or vandalism you may come across. Some companies may compensate more for these type of inspections due to the detailed photos required.
It’s just that simple. Why not make your pictures worth more than words. There are many other opportunities that you may be able to come across from mortgage companies. All it takes is a click of a button and you are on your way to making extra income. Why not make your pictures worth more than words.
With so many notaries that are certified nationwide it may become pretty difficult to standout individually. Even though there may be a vast majority of notaries for clients to choose from there are always ways that you can make yourself noticeable. Many factors play a role for many clients when deciding on hiring a notary.
One of the most important things that standout about a notary is their presentation. You may have a website that details your experience as a notary, you may have created business cards or you may have an ad posted somewhere. Whatever the case may be you want to make sure that the way you present your services shows that you are not only serious about your work but that you are reliable and are knowledgeable. Remember that clients are taking a risk on you to provide excellent service and you want to be able to assure without question that you can be counted on.
Another way that you may be able to get recognized is by joining groups and professional associations. There are many association such as the NNA that can provide resources and networking opportunities. Many do provide members-only directories that assist in finding work. Your sure to find an association that fits your needs and expertise by browsing the internet.
In addition to presenting yourself and networking, you may also want to follow up and maintain contact with many companies that you were able to reach out to. This way you are able to create and maintain a relationship. Sending emails or making a quick phone call not only shows that you are interested but also gives the opportunity for you to remind a company of who you are. Hopefully one of these suggestions may have sparked an idea on how to become more noticeable in the notary profession.
As 2014 progresses we will be hearing a lot about this issue whether from the financial institution viewpoint or from the homeowners. I’m curious to see how this will played out and how the market will be affected yet again. I’m also looking forward to all the new loan closings that will be available nationally.
Do you know what your options are?
This is the opportunity for you, the signing agent to familiarize yourself with any new programs, loan types and interest rates being offered to those in your area. Review your own loan options to get started and branch out from there. As a signing agent you will want to be prepared for all the closing opportunities that will arise and have the common questions already answered and supplies on hand, so as to avoid the last minute research and running around, so make sure you’re ready for all the appointments coming your way.
I know I am.
They generate hundreds of millions in revenue and have helped turn buying a house into a more enjoyable experience. Visiting an overwhelming amount of open houses is no longer necessary. Ninety percent of consumers now start their search on the Web.
It seems similar to the websites that have eliminated travel agents, and reduced the need for classified ads, stock brokers, and car dealers. Surprisingly it hasn’t affected the real estate brokers and their fees remain stable. The majority of buyers and sellers still end up working with real life brokers.
Redfin has been trying to change the buying process and cancel out the necessity of the middleman. When it was founded, ten years ago, almost no one started their home search online. Unlike other real estate websites, Redfin employs its own agents who work directly with buyers and sellers. They pay their agents with an annual salary, instead of by commissions. They also base bonuses off of customer reviews of their performance.
Redfin has grown more slowly than competitors, Zillow and Trulia, who display listings and other information and then pass customers off to traditional real estate agents, who complete the deal. Both companies may have been inspired by Redfin, but they are very different and more accessible. Zillow and Trulia decided to enable the traditional way of doing business in real estate rather than eliminate it. They left a place in the process for the broker.
It would seem that the relationship between agent and buyer or seller is far from ideal. They are rewarded for encouraging the client to sell quickly and accept bad offers, or, in the case of a buyer’s agent, for letting them pay too much. However, people value the advice and service that agents can provide because they are nervous about the decision.
Regardless of how frustrated consumers are in the buying and selling process, the agent relationship is important to customers. No websites have been able to eliminate the agent.
To the average audience a notary is only verifying the identity of the person signing a document. They verify this by reviewing valid identification. In essence yes that is it, but I feel that explanation falls short of what it encompasses. </br>
Here’s my definition, as structured by the Governor’s Office, State of Florida:
A notary public is a public officer appointed and commissioned by the Governor whose function is to administer oaths; to take acknowledgments of deeds and other instruments; to attest to or certify photocopies of certain documents; and to perform other duties specified by law. A notary public serves as an impartial witness to facilitate the workings of commerce and law by lending credibility to certain sensitive signed documents. When a document is notarized, the public can be assured that its signer is not an impostor and any contracting parties can be assured that the document they have signed – and no other – will have full force and effect.</br>
As for a Notary Signing Agent also referred to as Signing Professionals they have the same functions and permissions as their fellow notaries but have sought and received additional training regarding financial documents. Therefore they are more equipped to provide impartial explanations as to what are the documents borrowers are requested to sign. They have also submitted to a background screening.</br>
As more and more financial institutions are looking to be flexible and convenient for their borrowers they are seeking qualified representation to close out their loans.</br>
The holidays are finally over! We are slowly getting our finances back in order. After the holiday season, less people are willing to go through the process of refinancing their homes. With closing costs and numerous other fees, who could blame them?
So how are notaries keeping busy during this horrible off season? I have spoke with many notaries affiliated with our company and was able to get a shed of light on these questions. Most notaries in the off season perform field inspection in their spare time. No matter what time of the year it is, inspections are always being performed. Its also a great way to stay busy during your down time.
I know your probably wondering how could I possibly make any money doing inspections when I get paid way more doing signings? If you’re looking at the opportunity in numbers then of course there is no logic in completing inspection. However, a Field Agent will tell you its not always about dollar amounts. In this line of work, dollar amounts mean nothing without volume.
If you break it down, the math is quite simple. On a average, a Notary may receive 2-3 signing request on a day if any. Being that this is the off season you will be lucky to get a volume of such a day. On the other hand, an Field Agent will average about 10-20 orders a day. If an agent is located in the states of Pennsylvania, North Carolina, or even Florida, their volume would be a lot higher because the market is really good in those areas. Like Notary Closing Agents, Field Agents cover multiple counties which also makes their income margin much higher.
Once the market does pick back up, most Notary Agents continue with the field inspections on the side to keep additional income coming in. In this business there is more than enough volume to share the wealth. With all that being said, what are some other great ways for notaries to stay busy during the off season?
So should we start anticipating an overall upsurge in the real estate industry? Or are these just isolated, random incidences?
Shop around for the best quote. Shop around for multiple quotes. Don’t just apply to one mortgage company without checking if there are better deals. Shop around to get the best interest rate. Don’t accept a long escrow with a non-adjustable rate. Mortgage rate are determined by supply and demand, and other factors that change constantly. Don’t settle for the lender’s appraiser. You should have the option to choose your own appraiser, real estate attorney, survey company. Understand your rights to rescind a mortgage. Refinanced mortgages often have a return policy if the borrower changes their mind.