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Home > Solutions > Escrow Services > Process Overview > Buyer and Seller Agree to Terms
Escrow Services
 
Step 1: Buyer and Seller Agree to Terms

Both parties agree to terms, which includes 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:

  • E-mail address of the other party
  • Length of inspection period
  • Party responsible for paying the escrow fee
  • Delivery options
  • 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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All US dollar escrow services offered on this Website are provided independently and exclusively by Internet Escrow Services(SM) (IES), one of the operating subsidiaries of Escrow.com. IES is fully licensed and accredited as an escrow company and is subject to compliance with all applicable escrow regulations, including the California Financial and Business Code.