Every signing agent who has been in the business for a while has at least once encountered a signing company that does not pay. Unfortunately, there are quite a few of them out there. Along with notary seals, notary stamps, and notary supplies, non-paying signing firms are currently a hot topic on numerous notary forums.
Today, signing companies are rated online using stars by signing agents who have worked for the business. The signing company’s payment history and the length of time it takes for payments to be made account for a substantial portion of this star grade. A respectable paying business typically pays $150 or more within 35 days of the contract being signed. Signing agents have given many of the services that fit these requirements ratings of three to four stars.
Typically, signing companies with a history of slow payments are given a 2- or 3-star rating. This serves as the final warning to signing agents that they will undoubtedly encounter issues when trying to collect payment for successfully completing the signing. Contacting the title firm that employed the signing company is one of the finest ways to deal with a non-paying signing company. Even though not many individuals employ this strategy, it frequently succeeds. The hope is that the title business will take notice and revoke the specific signing service after being informed by this means that they are sending work to a non-paying signing service.
No one enjoys dealing with non-paying signing services, and they are a waste of time. individuals file a report to the company with only a partial effort after being confronted with a non-paying service, followed by a phone contact. Rarely, if ever, will this lead to payment; other times, it won’t. These techniques have been successful when dealing with nonpaying signing companies, nonpaying attorneys, and nonpaying title agencies.
The best course of action, however, is to avoid using non-paying signature services altogether. When you are approached to complete a signature, one quick Internet search can fix the problem and prevent you from having to deal with a lot of hassle. So before taking the project, I’d advise you to do some basic research on the company.
For notaries and the allied industries, this year is going to be fantastic. Therefore, investing a little effort now to lay the groundwork for your freelance business will pay off handsomely for you over the coming year. Your most precious asset right now is you. Continue to put money into the behaviours that will make you successful.
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Please contact us if you require any other information.
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