Cost of Becoming a Notary Signing Agent

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 Connect with the NNA: Blog: https://www.nationalnotary.org/notary... Facebook:   / nationalnotary   Twitter:   / nationalnotary   Instagram:   / nationalnotary   Pinterest:   / nationalnotary   LinkedIn:   / national-notary-association   #NotaryTraining #NotaryPublic #NotaryBusiness