Escrow services act as a neutral third party that holds funds or assets during a transaction until all conditions are met. This process is commonly used in real estate, online sales, and other agreements where trust is essential. By using escrow, both buyers and sellers can feel secure knowing that their interests are protected. When a buyer and seller agree to a deal, the buyer deposits the payment into an escrow account managed by the escrow service. Once the seller fulfills their obligations, such as delivering a product or completing a service, the escrow service releases the funds to the seller. This ensures a fair and smooth transaction for both parties.