Cost of Becoming a Notary Signing Agent

Описание: The start-up costs to become an Notary Signing Agent are among the lowest for small businesses and can be broken down into 4 categories. Take a look at the real-world investment required to become an NSA: https://bit.ly/CostBecomingNSA

Cost Breakdown

1. Commission and certification
You must be a commissioned Notary Public in your state to work as a Notary Signing Agent. You may also need certification and to undergo a background check, which is not required by law, but many companies may require it for the NSAs they use.

2. E&O insurance
Notary E&O insurance is required by many companies that give you loan signing assignments. The minimum policy amount recommended by the Signing Professionals Workgroup is $25,000.

3. Equipment and supplies
There are several items essential to your work as an NSA such as a smartphone, laptop, and dual-tray printer. Many new NSAs opt for the less expensive alternative and then scale up as their revenue increases.

4. Marketing materials
Marketing yourself is absolutely vital for launching a successful business of any sort. For NSAs, start-up marketing costs could include business cards, a website, and Notary directories.

Overall, the estimated startup costs for a Signing Agent business can range from around $1,200 to more than $3,800. You’ll need to plan for additional costs of operating and growing your business, such as vehicle expenses including auto insurance, gas, tires and additional maintenance.

Video Chapters:
0:00 Introduction
0:36 Notary commission
0:59 NSA certification
1:36 Background screening
2:21 Errors and Omissions Insurance
2:53 Equipment and supplies
3:09 Smartphones
3:30 Laptops
3:43 Dual-tray printer
4:25 Paper and toner
4:38 Scanners
5:12 Secure email
5:30 Carry bag
5:50 Marketing your services
6:05 Business cards
6:44 Online Notary directories


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