Step 1: Buyer and Seller Agree to Terms
Both parties agree to terms, which include a description of the merchandise,
sale price, number of days for the Buyer's inspection, and shipping
information.
Either the Buyer or Seller signs in to Escrow.com and creates a transaction. If
either the Buyer or Seller is not a registered user, they must register with
Escrow.com. Registration is free.
The initiating party defines the terms of the transaction and provides
information about the merchandise. This information includes:
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E-mail address of the other party
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Length of inspection period
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Party responsible for paying the escrow fee
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Delivery options
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Shipping costs
The initiating party confirms the information entered, and agrees to the escrow
instructions. The other party is notified by e-mail, to sign in and agree to
the terms of the transaction provided by the initiating party.
After both parties have agreed to the terms, the Buyer will be asked to submit
payment to Escrow.com.
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