5 Ways to Make More Money As a Notary!

Notarization is the art of authenticating and verifying the identity of a person or business and their signatures. It’s an important job that helps to safeguard some very sensitive documents; so it’s no wonder notaries have become one of the most in-demand jobs in America today. In fact, as evident by the record number of applicants every year, being a notary public is a lucrative career choice. With that said, financial success does not come easy
for everyone – which is why we’ve compiled five ways you can make more money as a notary!

Network With Other Businesses

Notaries are often required to go to the client’s business and authenticate their identity before signing documents. However, if you notice that a particular business has very frequent document signings, it may be worth your while to ask them if you can take the signing on-site at your office. It’s important to note that you’ll want to make sure your location is suitable for this type of transaction, but it’s something you can negotiate with the client
and can help you make more money as a notary.

Become a Loan Signing Agent

Another way to make more money as a notary is to become a loan signing agent. Loan signing agents are authorized by the lending institution to conduct loan closings remotely. In other words, you don’t have to go to a physical location to authenticate signatures or oversee a closing. You can conduct the entire closing online or by telephone. With this service, you can charge the lending institution a fee per closing. This is another way you can make more money as a notary.

Offer Electronic Signature Services

If you’re a virtual notary, you may want to consider adding Electronic Signature Services as a way to make more money as a notary. Electronic Signature Services (ESS) is a service provided by e-signature companies.
With ESS, you can facilitate the remote signing of documents for your virtual notary clients. You can make more money as a notary by partnering with an ESS company and earning a percentage of each document they sign. 

Increase Your Service Package Fee

 As a notary, you will most likely be charging a fee for your services. It’s important to note that the amount you charge for your notary services will be dictated by your state laws. However, if you’re not earning what you want from your current fee, you may want to consider increasing your service package fee. Remember, you don’t want to charge so much that your clients won’t be able to afford your services; however, you can increase your fee in
small increments to help you make more money as a notary.

Use Notary Tool

 If you’re currently not using any notary tool then you’re missing out on a lot of potential income. I would like to suggest one such tool - CloseWise.This notary signing agent software provides a variety of services, including accounting, payment processing, closing file logs, reporting, scheduling, and more! Simply register on this platform and start getting jobs from the signing service companies in order to make more money as a notary signing agent.

Conclusion

Notaries authenticate documents and verify identities to safeguard sensitive information and prevent fraud. If you’re interested in becoming a notary, you should apply to your state’s notary public commission. Since notaries are in demand, you can make more money as a notary by networking with other businesses, becoming a loan signing agent, offering electronic signature services, increasing your service package fee, and starting ancillary services marketing.