Mark Ryan Wills, the largest Notary Public coach in America, shares how to make 6 figures a year in the industry. He highlights the low startup costs, the potential for significant income, and the importance of acquiring the right skills to stand out. The podcast explores the profitable possibilities in the notary public field and offers insights into scaling a notary business to six or seven figures.
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Quick takeaways
Notaries can earn 6 figures by understanding the business and serving various industries beyond real estate.
Scaling a notary business requires lead generation, relationship building, and effective business planning.
Deep dives
Opportunities in the Notary Public Industry
Becoming a notary public entails being a commissioned officer to prevent fraud in document signings. While traditional notions associate notaries with minimal fees, skilled notaries who understand the business can earn significantly, especially in real estate transactions. Every real estate property transaction in the US requires a notary, with specialist notaries called notary signing agents earning around $150 per mortgage closing appointment. This business presents a remarkable opportunity for those willing to learn and effectively serve the market.
Vast Market Size and Monetization Potential
The notary public field in the US comprises 1.2 billion notarizations yearly, with immense opportunities for notaries to monetize various industries beyond just real estate, such as estate planning, field inspections, and wedding officiating. Understanding the potential for revenue generation in the real estate sector, where notaries can earn substantially per transaction, is crucial for entrepreneurs looking to tap into this market. The breadth of notarial roles and the financial rewards make this industry a hidden gem for income diversification.
Scaling and Entrepreneurial Growth in the Notary Business
Scaling a notary business is achievable through understanding key business principles like lead generation, relationship building, and creating a solid business plan. Entrepreneurs in the notary industry can scale their businesses by efficiently farming leads, nurturing relationships, establishing effective follow-up processes, and using organization tools like CRMs. Learning how to leverage these skills alongside industry-specific knowledge can lead notaries from part-time earnings to six figures by strategically scaling their businesses and offering services beyond traditional notarial roles.
Mark Ryan Wills is the largest Notary Public coach in America. He has successfully taught over 75,000 notary publics how to create large profitable businesses in the Notary public space.
Top 3 Value Bombs
1. Notary public is a commissioned officer of the state you live in. The job as a notary public is just to make sure there's no fraud on identifying another party.
2. The notary industry is wide open for someone who is hungry because the majority of notaries are notaries by accident, not with intention.
3. The only true startup cost is getting a notary Commission and your notary stamp and your notary journal. You're looking at less than 100 bucks out the door and then it's just knowledge.
America's number1 Notary Public Loan Signing Agent Training Course and Certification - Loan Signing System
Sponsors
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