Intro: Toying around with the idea of becoming a mobile notary to supplement income.
Questions:
Why did you become one?
Does it come into play often outside of your job?
Did you pay for the courses, supplies, exam yourself and what route did you go?
Would you recommend it as a supplement?
Posted Sep 2, 2020, 8:18 PM UTC
It really isn't worth it as a stand alone.
Any further insight?
Currently these are the prices and doing it with private real estate would mean a quick couple hundred.
Taking acknowledgment $5.00
Taking acknowledgment (each additional name) $2.00
Administering oath or affirmation (per individual taking oath or affirmation) $5.00
Taking verification on oath or affirmation (no matter how many signatures) $5.00
Witnessing or attesting a signature (per signature) $5.00
Certifying or attesting a copy or deposition (per certified copy) $5.00
Noting a protest of a negotiable instrument (per page) $3.00
It can also be a lot of driving around, printing documents, waiting for shitty people who no call no show, and last minute cancelations while your already driving 30 plus minutes our of your way to a signing.
There are sooo many already. It's saturated. How many/often do you think you'll get a call? Most people either know a notary or just go to the neighborhood one. How are you advertising your services?
My employer paid all of my fees and insurance and I really only use it for work. Otherwise I wouldn't bother. Its nice to have for convenience but I wouldn't expect to make any money off of it.
Ice cream truck is a better mobile business idea
This is some projection I can get into.
At $2 a signature, it's going to take a lot to make any money.