Key points to check before you hire an escrow agency

Transparency and clarity are the main conditions that determine that you will enjoy the experience the superlative services from a service provider or not. This holds true, in the instances you will deal with the escrow agencies as well. Hence, while looking for such providers, you must approach the process being wise and considerate. Else, you will not reap the desired satisfaction and happiness. Here are a few points that you must clarify with the escrow agency that you must clarify, before partnering with the agency.

Check the forms of payment modes that the escrow agency accepts

If you are the buyer of any products, services or resources, you need to deposit the payment due to the seller/service provider to the account of the agency. So, you need to check, the payment modes that the agency accepts. The top agencies for escrow services usually accept payments in modes like Credit Cards, online fund transfer, money orders, Paypal payments, and checks in some cases. You will get the liberty to make the payment to the escrow agency in the form that suits you the best. You need to check, if you require paying any additional fees for availing the services, along with the fund you transfer to the service provider.

1. You need to check the disbursal options offered by the provider

If you the seller of any products, services, or, resources, you need to pick an option for the disbursal option. The option in this regard is same as the options mentioned in the paragraphs above. Depending on your choice in this regard, there will be differences in the time to receive the payment from the escrow agency, after the buyer gives consent about the transfer of funds. The top providers can ensure safe and secure fund transfer to the recipients, irrespective of their location.

2.The service payable to the escrow service agency and who should shoulder this liability?

Another key point to check is the rate of the service fees payable to the escrow agency. Usually, this is done at a certain percentage of the total transaction value. In some cases, the provider can charge at a flat rate. Likewise, you need to find, whether it is the buyer or the seller who needs to shoulder the responsibility for paying the escrow agency. Usually, the party engaging the service of the escrow agency needs to shoulder the responsibility in this regard. However, in some cases, the payment to the escrow agency, is shared by the buyer and the seller equally, depending on mutual consent. We are there to assist you in finding the best in class escrow services, within the modest rates. Our website is a comprehensive platform to connect with the most reliable parties, who can protect the rights and interest of the buyers and the sellers to the optimum extent. Most importantly, you can find the best service providers, putting the minimum effort and time, and without any need to get into any hassles and hardships.