My real estate broker suggested an escrow service. Can’t I choose my own?- Yes you can. It’s not uncommon for brokers and agents to suggest a particular escrow service. Laws prevent escrow companies from paying brokers a referral fee. So, chances are good that the relationship between the broker and escrow service is based on a history of successful transactions.
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If you decide to research escrow services on your own, check out potential candidates
with the Better Business Bureau and your state’s licensing agency. And, keep in mind that the escrow service you select must be agreeable to the buyer, seller, lender and borrower. Find an escrow/settlement service near you. -
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