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The new headquarters of Notary2Notary and Time Notary had a grand opening ceremony on July 12.Photos courtesy of Vanessa Terry.)
Two sister notary-related startups have signed up for an upgraded headquarters.
Vanessa Terry is moving her two companies, Notary2Notary and Time Notary, to a new office at 13125 Rivers Bend Blvd. in Chester.
Notary2Notary is a training site for both budding and experienced notaries that offers paid courses covering a variety of industry topics. On Time Notary is a referral service that provides clients with signing agents specializing in real estate and loan closings.
“We have seen a warm welcome not only from the community but also from our students,” Terry said of the move. “Every trained person in the country said, ‘Oh my God, we need one in our town!’ is that
Terry operated a smaller location at 205 E. Broadway Ave., in Hopewell.
Although Notary2Notary is primarily a virtual service, Terry often organizes in-person training. It was a reason to move.
“Finding the event space was a bit of a hassle,” she said, noting that spaces for rent are often hard to come by. “Also, many of our students work from home. They do not have a valid office address.
The leased 2,000 square foot property provides students with an address to use for their own notary businesses. Local paying members can work in the office and participate in local training courses. Notaries pay $49 for membership, while others pay $89.
In the year By 2021, Notary2Notary surpassed $1 million in revenue. Terry expects that number to be closer to $2 million this year, while On Time Notary is expected to reach $1 million in revenue.
That growth earned Terry a place on Forbes’ Next 1000 Entrepreneurs list, a distinction for growing businesses that are making a difference in their industries.
Terry in 2010 In 2014, after working in a few previous roles like Qdoba and MCV, he became a document verification. Looking for a career to better fit her transition into parenthood, she found a memoir job.
Notary2Notary was officially established in 2020. At that point, she realized that the habit could turn into a business model, inadvertently helping many of her friends and family enter the industry.
Terry describes his career as one of his best-kept secrets. In Terry’s view, it’s a career that almost anyone can achieve.
Vanessa Terry is the owner of Notary2Notary and Time Notary.
“This is one of those well-hidden industries that nobody knows about,” she said. “That was definitely a job I did when I was in college.”
To register as a notary public, one must be accepted by a state-run notary commission, a process that the Notary2Notary platform guides students through.
The commission in Virginia costs $45 and is a two-week process, she said.
The company has 15,000 registered students across the country, but Terry says Notary2Notary has gained a larger social media audience thanks to podcasting, book releases, conference attendance and in-person training events.
New lessons are added to help current notaries stay informed and improve their business. According to the website, course topics include tax administration, business assistance and e-notaries, with prices starting at $129.
He said the pandemic may have helped shift the industry’s typical age range from an average of around 30 to 65. At that time, notaries were especially busy with the increasing volume of wills and home renovations, with some taking time off work, he said.
In her view, the main issue facing notaries is rising gas prices. The profession, mobile in nature, often requires notaries to travel to meet clients. Some notaries have increased their prices.
She is currently working on an e-notary platform called iNotarize and plans to launch in the fall. Terry began looking for investors to back the project, which he estimated would cost $200,000 to $300,000 to develop.
Terry’s joint operation is staffed by six other people, two of whom work outside the government.
The growth of e-Notary will require legislative changes in some jurisdictions, a process Terry is participating in in Virginia to provide an industry perspective with the Secretary of the Commonwealth.
“We’re actually working on it every day, so we know what it takes to do it,” Terry said. “Across the country, state legislatures are trying to get somewhere to sort of how they do[e-notaries]because there wasn’t much before.
Inspired by her younger students, Terri plans to take Notary2Notary into schools sometime next year and teach it as a profession.
“Over the past couple of months, we’ve been getting a lot of recent high school graduates who say, ‘I don’t want to go to college, can I do this?’ And they’re making money to break that six-figure mark.
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