An escrow is a financial arrangement where a third party holds payment funds for two parties in a transaction. It enhances security by releasing the funds only when all agreement terms are met.

This is especially useful for large transactions, such as when a buyer wants assurance of work quality before making full payment. It protects both parties: buyers are secure that their payment is safe, and sellers are assured they won’t perform extensive work without payment.

With funds ‘In Escrow,’ transactions can proceed without fraud risk, simplifying the process and boosting confidence for both buyers and sellers.