Raising Prices

I am thinking of raising what I currently charge for edocs. I feel like I am loosing money everytime I print them with the price of toner, time to print, gas prices continuing to increase, and price of paper.

I can’t be the only one feeling this pinch. I have to trust that lenders, ss, and title companies are aware of the increased cost to do edocs and would be willing to pay what is fair. What do you think?

Markita, CSA-MI

Hello,

I was thinking the same thing last night. A lender sent me one set of documents of course I figured they sent the borrowers their copy to review, well long story short, I had to run to the local market and make a borrower copy. The copies were .15 per page, a 76 pg set costs $11.40. Mind you this was a small package and only one copy. So in rethinking this I figure the “store” is charging .15 to cover toner, paper, electricity and use of printer. $25.00 sounds reasonable at this point.

Wendy Zapata, CSA-CA

I charge $25 for e-docs, if it is over 100 pages I going to start asking ahead of time, how many pages including escrow papers. I plan (after spending too much time & paper)to ask an additional .15 cents a page.

If you get into this business seriously, consider recharging your own toner cartridges. My title co. clients my fees are all inclusive—if they want to send the edocs to me I don’t upcharge them. eDocs out of pocket expense is truly cheap if you recharge your cartridges and buy $26 / case legal size paper at Sam’s or Costco.

It costs about $8 to recharge a $69 cartridge I get around 2000 copies out of each charge, and I recharge 3 times. My cost on edocs is about $2.30 per 100 pages, or $4.60 each time I print a set.

If I quote $175 or more as a fee I’ll throw the edocs in free. Since I do a lot of rev morts, my bwrs get the docs sent overnight, but hey…the offer was there. It’s a good will generator.

I charge $25 for the first 75 pages then .20 for each additional page. Some SS will round out the number and as long as the numbers are close, I am flexible. I agree with texnotary, save where you can so you can keep your prices competitive. Recharging toner is a great way to save money, and even help the environment.

Okay I am a day late and a dollar short on this topic, but something has sparked an interest….how does one recharge a cartridge? LOL I am buying a 70 dollar toner every 3 weeks, and would love to know more about where I can get what I need for this!!!!

Thanks-Jenn

WOW then i AM REALLLLLLYYYYYY LLLLLLLAAAAAAAATTTTTEEEEEEEEE!

I was doing some topic searches and came across this one. I have the same question. I have a DELL Laser printer, I wouldn’t even know WHERE to go to “recharge” a toner. I’ve hear of the refilling of inkjet cartridges at like CVS and such, but nothing on laser cartrides. Any ideas anyone?

Here’s a good place to purchase refill laser cartridges. http://www.cartridgeworldusa.com/

Bernice

Thanks Bernice for the site address!

Myra ~ www.KosakSigningService.com

Back to the original subject of this thread….

Are any of you guys raising your fees?

I just feel like $100 is not a fair fee anymore. It just isn’t worth it, especially for a last minute E-doc job!!!!

I raised my home county fee by $5 and my outer county fee $10…I also removed one county from my service area due to the distance required to get there.

Lindah,

Have you gotten any static about your fee increase?

UCLA, so far no

I don’t get it. I just got another signing request for $65.00! I do NOT think so!

But there must be those willing to accept.

I do agree with texnotary to do a e-doc signing does not really cost much more than 1 year ago. So, why now raise e-doc fees. If anything do what the lindah did and raise your fee altogether. If it is more than 20 miles, raise your price. That makes more sense everyone knows the price of gas. I live in the Antelope Valley which covers a large mass of land and several cities. So I now ask immediately for the zip code. Yes, I agree that when I say no because of the low price they know they’ll call the next Notary and she or he will say yes. There is not much negotiating these days. There are some great signing services that will negotiate and I appreciate them.