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: 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
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[@VICKIECARPENTER-zr1pt]

Wow! This information is just what I was looking for! Thank you for being very thorough in your explanation of the various cost factors to consider! Great overview!🙂

[@royfarhi899]

Very thorough explanation of the things that you will need to get started in this business. The key is to be a Notary first and then an NSA.

[@NationalNotary]

We're glad you enjoyed it!

[@O-Dini]

Excellent information…. Thanks!

[@NationalNotary]

Glad it was helpful! Thanks for watching.

[@susandonaldson7437]

Thank you for breaking all of that down.

[@NationalNotary]

Thanks for tuning in!

[@Connect2Eleavate]

Fantastic information! Knowing expenses is important.

[@NationalNotary]

Absolutely!

[@lindasfamily5471]

Super! Thank you for your help! :)

[@NationalNotary]

Happy to help!

[@sabrinatheceo]

Great info

[@NationalNotary]

Thanks for watching!

[@heavenawilson5140]

Very nice video

[@NationalNotary]

Thanks for watching!

[@ysmith36607]

What’s the cost for Arizona?

[@WillTechForFood]

Should the dual printer not have a scanner included? Something like a 3 in 1? I’m a little confused on the scanner that’s needed. Thank you.

[@yosemite735]

car

[@NationalNotary]

A form of transportation is definitely needed.