As we mentioned a few days ago, the big problem we face is the racial wealth gap, and the overall low levels of wealth minorities have in general. To build wealth, it’s good to have a larger income. CNBC (1) profiled the position of notary signing agent, and how you can leverage the position to work on your schedule for good money. A notary (2) signing agent requires low startup fees up to $1000, a signing training course, pass an exam compliant with the Signing Professionals Workgroup (3) and a low time commitment of 4 to 9 weeks. Signing agents can make up to $200 an hour. The key is networking. We recommend setting up a Linkedin profile if you pursue this side gig.
Angelina Nguyen, a signing agent in San Jose, aims to do at least two signings per day, charging anywhere between $75-$200, and sometimes an even higher rate, depending on the type of document that needs to be notarized and how far the appointment is from her home office.
Some signings take a few minutes, while others can take an hour. On average, Nguyen says she works “less than six hours a day.”
Wills’ favorite part of being a signing agent, he adds, is the flexible hours. “People’s work schedules are all over the place, so a lot of people will need a signing agent at 8 a.m., 12 p.m., after 5 p.m. or on weekends,” he explains. “I would say at least 70% of signing appointments are in the evening or on weekends, so this is the perfect, flexible side hustle for someone with a day job.”
CNBC
For a college person, retiree, or someone needing some extra money on the side, a notary signing agent seems to offer significant benefits. I’ll recommend themandalorian and the mandalorian’s elder sibling become notary signing agents when they turn 18.
Notes:
(2) National Notary https://www.nationalnotary.org/
(3) Signing Professionals Workgroup https://signingprofessionalsworkgroup.or
Here with you on your wealth journey.
Sincerely yours,
smilingdad
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