Mobile notaries get paid more than regular notaries because they offer additional convenience. How much more you get paid will depend on how you set your prices for your mobile notary public services.
You should set your prices to a level that will enable you to meet your business’ financial goals. You can estimate this level by averaging how many assignments you get per week and how much you earn per assignment. Compare your estimated earnings with your estimated expenses to see if your pricing is making your work worth your time.
You can set prices for:
- Regular notary services
- Specialized services, such as document preparation fees if you are trained as a signing agent or reverse mortgage signing agent
- Late night fees
- Excessive wait time fees for appointments that run longer than expected
- Copying fees
All states limit how much notaries can charge for basic services. Some states also limit how much mobile notaries can charge for travel fees. Check your own state’s regulations.
The best way to command higher prices is to offer additional services. Loan signing and reverse mortgage signing are two services in high demand.
In some cases, you may find it earns you more in the long run to offer discounted services. For instance, as an incentive, you might offer a bulk discount to a client who wants you to notarize a large number of signatures.
Full-time mobile notaries may make $30,000 to $80,000 per year. $50,000 is average. Of course this can vary significantly with location, target industry, how much promotion you do, and other variables. Being a mobile notary public can bring excellent income if you plan carefully and work hard.
Read our mobile notary public tips page for more ways to grow your mobile notary business!