Escrow.com posted a video on its Facebook page that explains how the escrow process works. Surprisingly, I’ve had to explain the process to a number of buyers and sellers, so this might be a good video to use as a reference if are working with someone that hasn’t used an escrow service before.
I previously posted some links to articles about the strong reputation of Escrow.com, which can be used to allay any fears someone has about doing a high dollar transaction. I think this video and other educational material from the company could be beneficial for you to read and send to buyers or sellers.
One thing I immediately noticed when viewing the video is that a new Escrow.com logo and color scheme are used, and you can also see the Escrow.com this on the company’s YouTube page. I like the colors, and I look forward to seeing an updated Escrow.com website.
I use and recommend escrow.com.
One change I would make to the video for the purpose of people who aren’t familiar with it for this situation: “Surprisingly, I’ve had to explain the process…” is to start the video and make more prominent the amount of regulation that they are under as detailed here in the first few seconds and then again at the end:
https://escrow.com/resources/escrow_license.asp
Brandon had told me I think how they had to travel to some states and meet with state officials to receive authorization to do escrow in certain areas.
I think that information needs to be at the beginning of the video not at 1:19 and not particularly strong message wise even at that point.
Nice.
I close a lot of deals with Escrow.com and this will come in handy.
Brad
The blue background reminds me of the Windows 2000 blue background