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[Music] everyone happy holidays and welcome back to my channel side hustle seattle now today is the video i've wanted to do for a very long time and that is discussing and going over all of the different remote online notary companies that i have found now i'll bring it back for the people who are brand new to my channel or maybe just watching this series of videos for the first time i had set out on a plan to do just remote online notary work mainly because i don't have a vehicle so being a mobile noter is just not an option for me so where i am in the plan is i've already been commissioned i already have my electronic endorsement i've already been in a certified and background check screen i've taken different training from taking loan setting system so as far as being a signing agent i'm ready to go but i had to make sure that i research different remote online notary companies and what's out there to make sure i can make the most informed decision for myself on where to start i will be honest with you when i set out to look at companies i thought it was going to be very easy and very straightforward it has been one of the longest endeavors that i have done it's taken me like days and hours to find out all the information i needed to make the best decision for me and that's mainly because it's pretty new like even though remote online notary work has been around for 10 years in some states like virginia there's not a lot of resources out there there's not a lot of videos and so it took a lot of digging to find the information that i needed that is what we're going to do today i'm going to go over everything that i found pros the cons the costs just to make sure that if you're also looking to do remote online notary work you can have this information to help you along with your journey as always i always suggest to do your own research when making important decisions like this i just disclaimer and you'll probably hear me say this a couple times throughout the video i have not used any of these companies before so all this is just coming from the opinion of somebody looking on the outside who's read reviews done my research and formulated an opinion okay so just keep that in mind as we're going through the video also if you are somebody who's done remote online notary work post your information in the comments i think it's a lot of people who want more information so if you're somebody who's used these companies i would love to hear your opinions let me know what i got right let me know what i got wrong let's all learn together so let's get into it let's just talk about getting set up for remote online noted work anyway so it varies by state by state but for the most part you need the same basic stuff you need to have electronic endorsement and then you need to get permission from your state to do remote online notary work just because you have an electronic endorsement doesn't mean you have permission to do remote online notary work most of the time they want to know which platform you're using to make sure that the platform has all the qualifications obviously you need your platform needs to be able to verify identity it needs to record the session you need to be able to have a digital journal it needs to keep it for a certain amount of time there's a bunch of different qualifications in order to have an approved platform so make sure that you get permission from your state before you just go and sign up for these remote online notary platforms but again you should check with your state to see exactly what you need what else you'll need is you'll need a digital seal because of course there's an odor you have your stamp but when you're doing online you'll need a digital version of that and you'll need something called a digital certificate and it's just an extra security measure so those are just some of the basics that you'll need okay so what i've found there's like four different categories of remote online notary companies one being employer two being independent three being a hybrid of both and four being something i like to call partner only so let's go through the definitions real quick we'll talk a little bit more about them once we go through every company that fits within each category so we'll make it brief first definition employer so an employer company is essentially one where you're contracted directly with the company so you're only servicing the clients that they have sourced you cannot use the tool to bring on your own clients second one is independent independent think of it like the exact opposite of employer they're not giving you any clients the only thing they're doing is giving you the tools and resources to service the clients that you have brought on yourself third one being hybrid kind of like it sounds it's the best of both worlds you'll be able to service the clients that they have source and use the tool to bring on your own clients and then the last one is what i like to call partner only partner only is a little bit weird so there's two companies out there at least two notable ones that i found where you can only use the service when given assignments through a partner company so they contract with certain companies out there different signing services signing platforms title escort companies and when they have an assignment they will send it directly to that platform but you can't just bring people from the outside in to use that platform if that makes sense we'll go into a little bit more don't worry okay so now that you have the definitions what i want to do is go through each of the companies that fit within each category of employer independent hybrid and partner only now it's a lot of information i try to break it down and make it as palatable as possible but if you have any questions feel free to leave some in the comments section okay so let's start with employer companies now there's like five companies that fit into this bucket that i found that's notarized notary cam at notarize safe docs and online notary.net and all structured a little different so we'll go through each one one by one now all these different types of companies or categories are gonna have their pros and cons but some of the pros formed with the employer company is that they do all the legwork they do all the marketing they bring the clients to you so you don't have to go out and you don't have to go to a bunch of different signing services or market yourself you just have to sign up with their platform and they will give you all of the business so that's a plus it's definitely the least amount of leg work that you can do out of any of these companies also one thing you'll find is when you're doing employer companies there's often not a lot of fees to sign up if any and that's because and we'll get to the con they tend to take a larger percentage of the money that you make so because they're bringing the business to you because they're giving you the platform they're giving their tools because there's a zero sign up fee they do take a pretty sizable commission but let's get into the companies one by one okay so let's start with notarize notarize is definitely one of the more reputable platforms out there if you've ever googled remote online notary platforms it's more likely than not the very first search result that you've seen i've actually personally used them i used them a couple of months ago when i was signing up to be a notary public i needed a document notarized didn't feel like going outside hit the first company that i saw uploaded my document got paired with the notary within 30 seconds got it done within five minutes very clean very easy to use platform so we'll go through the availability of it the the fees and the payments the pros and the cons and we'll do that for each of these services okay so for notarize it is actually only available in four states right now washington not being run of them which is unfortunate but there is a wait list if you're looking to sign up in your state they are looking to add more states as time goes on so you might as well get your name on the list so let's talk about how much you have to pay to join and how much you get paid out when working with the company so luckily there are actually no upfront costs to use this service it is completely free to sign up of course you will need a digital seal and a digital certificate but that is what you need for most companies most roan companies if not all just in general so it's not an additional fee it's just something you need to do remote online notary work now how much do you get paid out so i will say that notarize pays some of the least in comparison to other employer ron companies you get paid five dollars per notarization so what that means is each time you need to put your digital seal on it you get paid five dollars for that so somebody uploads one document one page document needs one notarization you get five dollars if you get a packet that needs four notarizations you get paid five dollars per each notarization now i know that sounds small and in comparison to what you can make if you're doing loan signings mobile it's definitely a lot less but keep in mind you didn't have to market yourself they brought the clients to you and you are doing this from the comfort of your home so there are some benefits to it now what are the pros the pros are there is instant payouts via stripe so stripe is just a payment processor but it does allow you to cash out daily weekly monthly however much you want and so you're not waiting to get paid like you are when you're doing a lot of the other work when you're doing it mobily and there is very comprehensive training and onboarding associated with it so if you have any confusion you're not the most tech savvy that is okay because they will cover all of it one of the cons though like i said lower pay than other platforms and i do hear that you have to be pretty quick when accepting assignments because somebody will accept it before you and so it's really easy to miss out on work but that's kind of the same with other signing platforms they send it to a bunch of notaries whoever accepts it first is the one who gets it so the next one we're gonna talk about is notary cam now notary cam specializes in real estate closing which is good because real estate closings pay more than just general notary work i want to say they're the first platform who did a remote online notary closing i feel like i read that on their website i could be making that up i read it on somebody's website i think it was that but the good thing about it is it is available in 25 different states so i'm pretty sure they allow every notary who's in a state that allows remote online notary work to sign up through their platform i will say it's a very formal process to how you sign up it almost feels like filling out a job application you put all your information all your credentials you kind of pitch yourself but that is an option what i will say is i do hear that they prefer experience notaries so if you're new like me it may be a little bit harder to get hired through them but let's go through the cost to sign up how much you get paid out and some pros and cons so the unfortunate thing about them there wasn't much information online like on their website there's pretty much no information about the online fees to sign up or the payouts the one thing i did find was a review that was pretty much all i could find um on how much they pay out and it sounds like it's similar to notarize in the sense that it pays out five dollars per notarization the review pretty much said that they did a closing and got paid 25 so again that's very different and a lot smaller than when you're doing mobile online notary work however they are still bringing the clients to you and you're still doing it from home so it's not nothing it's just less one of the pros is very formal training it's almost like sitting in a classroom like you you do a couple days of training not all day of course but it's a very very formal training process on how to use the tools how to use the technology and i want to say it does some review also on how to do the closings to make sure that you are set up for success a con though is the lack of customer support that is something that i read is that it's very hard to get in touch with customers customer support if something goes wrong so if you're finding some glitches you're having trouble with the tools you may not be able to get in touch with somebody when you need them okay so next let's talk about at notarize so at notre is actually a new company they just launched in october but has a very clean website very clean ui similar to notarize it is a really easy signup process i will say though they are only available in 10 states washington not being one of them unfortunately but if it is a state that you are in i recommend signing up because it does seem very straightforward and easy to use but let's talk about the payment of the fees because it's a little bit different than what we've seen before so there is a hundred dollar setup fee that is waived through the month of december though so if we are looking at this in december you could potentially get that fee waived they also charge a 1999 monthly fee to use the service but it's cheaper if you go and just purchase the whole year outright and you keep 70 of the notarization costs so that's different other platforms and employer-based platforms don't charge you monthly fee and take commission it's typically either or you either get charged a monthly fee and you keep everything that you make or you get charged a commission because you didn't get charged a monthly fee so this one's a little bit weird in the sense that you both pay and only get 70 percent of what you make so i message them to see if you're able to bring on your own clients because i find that a little bit weird that they both charge a fee and you only keep a portion so i will give you more information as i have that the pro though is the bigger take home out right other companies only pay you five dollars to put notarization in the state of washington we're able to charge 25 for online notarization so i can keep 70 of that which is triple what i would get paid if it was going through notarize um or what the payout i would get on notarize so that is definitely a big pro the cons though are of course the monthly fleas plus commission again really confused by that so i will give you more information as i have that so i'll wrap up the employer companies by talking about safe docs and online notary.net at the same time and that's only because there's very little information on the notary side about these companies as far as payments and fees and how the process works there's very little information and there's not a lot that i could find online so i'm just going to kind of lump them together okay so i sent them both emails though to find out more information and again as i find it out i will let you know so safe docs actually looks like they're only hiring notaries in virginia because when you go to their website and you look at all the faqs it only talks about virginia notaries so again if that is not the case i will let you know online notary.net though is hiring in 22 different states you just fill out the application so the good thing that is that is available actually in washington and again i've already sent them an email to find out more information now there is no payments and fees listed on safe docs website so i don't have that information but online notary.net says you can make up to 25 an hour working for them so i imagine the setup is similar to the other companies that i've gone over where they give you about five dollars or so per notarization which would make sense for me it's hard to say any pros really because there's very little information on the companies and i would say that that's pretty much the con which is it's really hard to know if this is a good company for you because they don't give you enough information up front let's get into our next category and that is the independent ron companies i'm not gonna lie i'm pretty biased on these ones so after reading all the reviews and looking into the companies to me this seems like the absolute worst option that you could go with the pro is that you can use it at your own free will they give you the tool to do whatever you want with and that's nice but the cons way outweigh the pros which is it's very expensive it's very expensive up front it's very expensive throughout and it's clunky and it seems like it breaks often but again i'm being i'm being completely biased on something i've never actually used myself just reading reviews so let's get into the two different companies the main companies that fit under independent companies are synax and doc verify both of which you probably heard about so let's start with synax of the two independent roa companies this one to me had the most intuitive interface and i think had more pros than doc verify had i will say that you can't just go ahead and make an account of your own you essentially have to contact the sales team and they will refer you to what the best plan is for you so let's talk payment so keep in mind with independent ron companies they're not paying you anything you pay them to use the tools as you see fit so all all we're going to go over is the payments that you pay not payouts that you get because they're not paying you anything and there are a lot of them so for signex you pay 250 annually to use their service plus a 49 one-time setup fee so before you even do any work with them you're paying them 300 out the gate all right not only that you pay 10 for the first notization in each of your sessions plus five dollars additionally so anytime you bring somebody on the platform to use it you are going to pay ten dollars to do that first notification plus five additionally so let's say you get a loan packet and it has four different notarizations in it you're going to pay them 25 in order to do that and that's on top of the annual fee that you already paid in addition to that you do pay for failed kbas so again one of the benefits of having these remote online notary platforms is that they do all the id verification on the back end for you and kba are just knowledge based authentication questions you've probably seen them when you like sign up for a credit card right ask you have you ever lived on the street have you ever had this type of loan etc etc if somebody fails it they just put the answers in wrong you pay them ten dollars for the failed kba if they don't fail it you don't pay them anything the one benefit is they do cap your max fee so they cap the fees at sixty dollars so no matter what you won't pay more than sixty dollars for a transaction which is nice i guess but if you have a loan signing and it cost you and you're charging the client hundred fifty dollars then you know you're going to pay at least ten dollars in order to get that done but more likely not you'll end up paying more because of all the different notarizations that you have to do throughout that service so just keep that in mind one of the pros though is everything is billed at the end of the month so you don't pay up front for it they only bill you one time monthly so the good thing is you can get all your payments you can get paid out you can actually accumulate the money before you owe them for these um different fees the 250 annually you pay up front but all the like ten dollars per notarization five dollars per additional notarization that you only get billed monthly it also comes with a free digital certificate so if you're only using them you don't have to purchase your own digital certificate which is great because typically those are about a hundred dollars so if you go through them they will provide you with a digital certificate which is a big plus they also have unlimited live trainings and they do kvas or they do um id verification with ids and passports most companies only allow you to do the driver's license to do verification this is one of the only companies i saw that allows you to do passports as well so that is a plus and they use zoom video links so when you're actually doing the recording it is through zoom um which most people have used by now hopefully so that makes it a little bit more intuitive and straightforward so i will say synax does have that going for themselves there are some weird cons associated with this platform two major ones one is that the client gets sent two links when you try to set up a remote online notarization through the platform first link being the zoom meeting link second one being a link to the documents now what the issue is is they get sent the documents before you even have a chance to meet so what i've read is that a lot of times people's clients or whoever signing will sign the papers before you get a chance to meet because they got sent the documents thinking that they need to which just means that right when you meet with them again they have to do it all over again so they end up signing documents not in your presence you have to do it all over again it just causes a lot of confusion scenics is very aware of this it sounds like they're trying to fix it but right now it sounds like people have to go out of the way send or text or send another email to their clients to make sure that they do not sign the documents before it is in front of them so keep that in mind the other one that is a big red flag is you can only do one stamp per document so let's say somebody has a document and it requires two notorious seals you can only stamp it once within the platform so you're gonna have to figure out another way to get the document stamped again so it's a limitation within their service again they are aware and they're trying to fix it but just keep that in mind that you know if you have a document it's going to require more than one stamp you will not be able to do that through this platform you can only do one also they make you pay extra for phone support so like everybody gets email support but it's limited but if you want phone support if something goes wrong you're paying for that and you're paying an annual fee to just get phone support on a company you already paid 250 annually for and that you pay for even once you've paid the annual fee and then there's some other basic ones um like they charge for failed kva it's not cell phone friendly it's frequent glitches and they actually only keep the records for 90 days so if it's getting recorded they only keep it for 90 days so you want to make sure that you download it separately because otherwise you won't have it like most of the time you need to keep these things for years so you just know that you're going to have to record these or download these separately and keep them in a file just to make sure that you comply with your state laws so again some pros a lot of cons a lot of expenses but let's get into the next service okay so let's talk about doc verify next now this is definitely one of the more notable platforms i feel like when i was doing my research it popped up everywhere but again very expensive a lot of pros well not a lot of pros a lot of guns a couple of pros so let's break it down i will say it is available i want to say in most states if not every state that does remote online notary work so it should be open availability you get to bring your own clients we know that is the structure of independent notary platforms but let's get into how it is set up so you pay a 125 dollar setup fee that's a one-time setup fee plus 75 dollars a month to use the service now you can get it cheaper if you pay for the year outright i think it goes down to like 68 a month if you pay for uh for outright for the whole year but otherwise it is 75 dollars a month and that's because you have to get the enterprise package if you're doing remote online notary work if you're just doing electronic or e-notary work you don't need the enterprise package if you are doing remote online notary work you do need to have the enterprise package now this is based on it's interesting because their whole platform is based on a credit system and we'll go into that a little bit more when we get into the cons but just keep that in mind just because you're saving 75 a month doesn't mean you can use the platform as much as possible also you pay 2 dollars and 25 cents per person for id verification so again they verify their identity but each time you want to get somebody verified you are paying two dollars and 25 cents for that person now again it's not all bad i don't think that's fair um but let's talk about some of the pros some of the pros were that it's notable and that people know the service at the very least so it's not like people oh deaf firefighter what is that it sounds like most people know what it is so that's the pro that's the only pro so let's get into the cons the cons are everything is transaction transacted via credits so that's 75 a month gives you 32 credits a month and they do roll over month per month but not by the year so you have to use them all by the end of the year otherwise you'd lose them however if you have 32 credits in january you only use 20 the other 12 will roll over into the month of february so that is good but how far do those credits go for you so for a single document it is four credits per transaction so somebody has a single document they want notarized you're going to be using four of your 32 credits in order to do that transaction if they're doing a packet like a loan signing that is eight credits all right so eight divided by 32 that's four so if you're doing just four loan signings in a month you're running through all of your credits and that's just for long time you need four loan signings in a day you're running through all 32 credits now how much does it cost to get additional credits it is anywhere from three to five dollars per credit to get additional and it will be based on how many you get obviously the more you get the less they'll charge you per credit but it's three to five dollars extra per credit to get more if you need them so it's eight credits per transaction if you want to record the entire session which a lot of times you'll need to depending on your state it's another eight credits so in order to do a loan packet in order to record your session which is requirement in a lot of states you're going to pay 16 credits so just to do one transaction you are using half of your credits for the month you paid 75 for the month to only be able to do two transactions and that's the thing you pay for every little thing without verifying you pay extra for full recordings you pay extra for id verification you pay extra for id capture and what i hear is there's very little phone support and very little site reliability it crashes often people have said that it's been frustrating and they've had to take it off platform to go to a different platform my suggestion you can see that i don't love independent ron companies i'm 100 not going to use those 100 not going to sign up but again this is just my outside perspective it's very much a pay-to-play all right you have to give so much money up front and throughout in order to use the service and really with doc verify you can only use the service like one or two times a month otherwise you're going to be paying another arm and a leg in order to just use the service it doesn't seem with it it seemed worth it with synax it's a little bit less in fees i guess um so if you had to pick one i would pick synax because it's gonna be a little bit cheaper and seems a little bit more reliable but at the end of the day you're coming out of pocket three four hundred five hundred dollars before you even do a single loan signing with these companies so just keep that in mind when looking to sign up there are other companies that you can use for free there are other ways that you can make money doing ron work without having to pay so much upfront especially if you're new and you do not have a ton of clients yet this may not be worth it but let's get into the next category okay so let's talk about hybrid ron platforms next and the only hybrid platform that i've found is one notary now i've heard fantastic things about onenotery again it's not available in washington i don't know why everybody's hating on washington but there are some fantastic youtube videos already out about it and i'll link all those in the description because there is some information out there that i do think is helpful and that way you can do your own research but um one notary i want to say is available in three states right now with four of them pending being available um i'll put screenshots and everything just so you can see it but it is great it's the best of both worlds you can service your own clients on it and you can service the clients that they provide now this one is structured a little bit differently so let's get into the payments and the payouts first of all it is no upfront cost to sign up with their service which is fantastic now when you bring your own clients to the platform you get paid ten dollars to eighteen dollars depending on the state that you're commissioned in and how many signings you've done on the platform so it actually rewards you for loyalty you know you get paid a certain amount um for your first first 50 signings certain amount after 100 certain amount after this amount so it goes up after you've done more signings with the platform now if you're servicing their clients you get paid six dollars per notarization so that's similar to what you've seen in notarize it's still more than you got paid with notarize with the five dollars but if you're helping the clients that they have sourced that they've done the legwork on then you're only getting paid six dollars per notarization so if you're bringing your own client it's more if you're servicing their client it is less so just keep that in mind if you're bringing your own client on they are going to take a portion of the fee that you charged in washington i can charge 25 which means at the end of it i may only get you know 16 17 18 of that 25 because they are going to take a portion of that amount now pros are weekly payment via direct deposit that's always great one thing i've heard especially for mobile notary is sometimes it takes a month two months to get paid from some of these companies so it's nice that you can have reliable weekly payouts also very comprehensive training so if you're not tech savvy or you're not intuitive on any of this do not worry they will break down how to work through all of it one of the cons is that you actually don't get to service their clients or don't get to help their clients until you've done a certain amount of notarizations on their platform so when you first sign up you cannot service the clients that they provide they only let you do that after your first 50 or 100 notarizations on their platform i've heard it two different ways i've heard fifteen i heard a hundred so essentially once you've heard uh helped fifty of your own clients they will allow you access to help their clients as well so once you get there though then again best of both worlds so highly suggest checking that one out okay so let's get into our last category and that is partner-only categories now the two companies that fit under this are bavasso and nexus now some of the pros of it is that there's very little if any signup fee to get set up with them and you don't have to worry about setting the appointment or doing all that the partner company will do all that for you the con of course is that you can't bring your own clients to it so you are limited on how you can use the tool but let's talk about the different companies okay so let's talk about pavaso so what i will say that it seems like the most recognized of the two between the signing services i feel like every signing service that i went to always said pavaso as a company to do ron work through so it seems like it's very notable very recognizable now there is a little bit of different setup process for it so you have to get pavaso certified which is essentially you sign up for it you have to watch this video you do a quick quiz and then they send you a link to actually make an account and that's it you're also certified now there is a setup fee which is unlike there is for nexus so let's go through that now there is a 99 setup fee and you pay 50 annually after initial setup now that's not that much money but it's not nothing so it's just something to be aware of i will say for the pros and cons though there's a relatively low startup cost and they list all of their partner companies on the website so all the different signing services that they partner with on the websites because again this is a partner-only service which means you have to get assigned work directly through somebody they partner with so it's nice they make it very convenient to know who they use and where you can get work from through them so that is awesome one of the cons though they do make you get this document like notarized before you can finish setting up your account which i find a little bit odd so you have to like verify your identity by getting this document notarized and all this stuff so it's just an additional step that you wouldn't have to do with another company so keep that in mind um another con is they don't do ident trust digital certificates so if that's what you have your digital certificate get through you will have to get it through another company it is actually not compatible with pavaso which is unfortunate and the last thing is this i hear that it's very little client education so just because you know how to use the platform doesn't mean that they do so you'll have to do a little bit of hand holding on the client in in order to get them through the signing so just things to keep to keep in mind just things to be aware of okay so rounding out all of our remote online notary companies is nexus clear sign so the only reason i actually heard of them is because they have a partnership with snapdocs and that was the first signing platform that i signed up for so it's really easy actually to make an account with them they're available in 20 states with like more pending and of course i'll show a map of which states they are available in i will say that when you're signing up it's a little bit tricky so if you scroll down to the bottom of the website and it's like contact sales or find out more or schedule a demo whatever it says when you sign up through them you're going to get hit with a message that says that they are no longer accepting any more accounts and that they've reached their maximum but if you go to the top corner and you just make an account through the like sign in button or the sign up button you can actually make an account through that now i didn't know it didn't list any payments or fees or anything on the website so i emailed them and they say it's actually free to use through partners so there's no sign up fee associated with using the platform because of course you get the assignments to the partner companies and some of those partner companies are paying them a certain amount of money to use their service so there's no fee to you the notary which is fantastic one con i will say there's just very little information available so it's really hard to kind of do great research i haven't found any youtube videos on it it was hard to find reviews on it so that's one thing i will say but since it's free to use it's worth using it right i've already made an account i just have to go in and put the rest of my information in and that was it relatively easy sign up and set up the other con that i saw though was that phone support didn't look like it was 24 7. so if you do have an issue arise with it and you're doing a very late night signing you may not be able to get help from a technical standpoint so just keep that in mind so that's it we made it you made it through the whole video i'm hoping this wasn't too long of a video i'm hoping this was helpful information with all the screen grabs and videos and everything else thank you so much for watching i would love to know your opinions i would love to hear your questions i would love to see anything that you want to share with me thank you again for watching appreciate it