With escrow, a licensed company — Escrow.com, a licensed escrow company — holds the buyer’s money during the transfer. The seller knows the money is there; the buyer knows it is only released when they have the asset.

Step by step

1. In the payment step, one side proposes escrow and the other agrees.
2. An escrow transaction is created with the agreed price and details. Both sides get an email from the escrow company.
3. The buyer pays the escrow company, following its instructions.
4. The escrow company confirms the money is secured. The Deal Room moves to the transfer step.
5. The seller transfers the asset; both tick off the checklist.
6. The buyer checks everything during the inspection period and confirms.
7. The escrow company releases the money to the seller.

Fees

The escrow company charges its own fee, paid by the seller. It is shown before you agree.

If there is a problem

Open a dispute in the Deal Room before you confirm. While a dispute is open, deadlines are frozen and our team works with the escrow company based on the deal record. See Disputes.

Good to know

• You create or use an account with the escrow company; digiflippers.com never sees your card or bank details.
• Escrow takes a little longer than direct payment — plan for it in your deadlines.