A look at Escrow.com’s $1 billion milestone and new broker tool
This year, Escrow.com surpassed 1 billion dollars in secured transactions. One of the main reasons for this success is that Escrow.com is the recommended transaction settlement service for many of the top names in eCommerce, including GoDaddy, Cars.com, Flippa.com, AutoTrader, Resale Weekly and eBay Motors.
Escrow.com completes $1 billion in transactions and will soon release a tool for brokers.
January 20, 2012
Escrow.com just hit a major milestone: $1 billion in completed transactions.
I reached out to Escrow.com president Brandon Abbey to understand the path the company took to reach this milestone and the makeup of its current business.
Abbey told me that Escrow.com started out with small transactions when it opened its doors in 1999. An actual example: 10 Garnet Ovals at $1.99 a piece. Escrow.com only pocketed $2.50 off that transaction.