Notaries are public officers who are appointed by the state government to serve as impartial witnesses when important documents are signed. They verify the identities of the signers of the documents, administer oaths and affirmations, and sign and stamp the documents to make them legally binding. Notaries are in high demand as legal documents continue to increase in volume and complexity. But how much money can a notary make?
The average notary’s salary can vary greatly depending on the state, the type of documents being notarized, and the number of hours worked. In general, notaries make between $10 and $20 an hour, with a median hourly rate of about $15. Some notaries may earn more than this, depending on how much work they take on and the types of documents they are asked to notarize. Notaries can also charge for travel time and mileage, which can increase their hourly rate. Some states
set maximum notary fees by law, but approximately 11 of them don’t.
The average annual salary for a notary is around $30,000, though this can vary based on the amount of work they take on. For example, a notary who takes on a lot of business documents or notarizes a high volume of wills, trusts, or other important documents may earn more than someone who only does basic notary services. The length of time a notary has been in business and their experience level can also affect their salary or income if they are a notary entrepreneur. Marketing
skill level is a huge factor here.
In addition to their base salary, notaries may also receive bonuses or commissions for notarizing certain documents. This can include anything from a bonus for notarizing a high-value document to a commission for signing off on a real estate transaction. Some notaries may even be paid a flat fee for certain types of documents. This is where the services of
a certified signing agents, closing agents or “loan signing agents” as they are sometimes called, comes into play.
Notaries can also earn additional income through selling notary-related products and services. These can include selling notary supplies, providing training classes for new notaries, or even offering mobile notary services. Some notaries may even offer document preparation services, such as filling out forms or helping people prepare for a court appearance.
Overall, how much a notary can make depends on the number of hours they work and the types of documents they are asked to notarize. Notaries who have been in business for a while and have experience in notarizing high-value documents can earn more than those who only provide basic notary services. That figure can easily exceed 100k annually working only part-time. Notaries can also supplement their income by selling notary-related products and services. With the right approach and dedication, notaries can make a good living by charging fair rates for their services.
Last, to take your notary commission and income to the maximum in the shortest amount of time possible and be a remote online notary, mobile notary or Notary Signing Agent with the highest earning potential, there are a host of courses and reputable coaches you find.