Who pays the escrow fee — buyer or seller?
About to buy a car using escrow and neither of us is sure who's expected to cover the fee. Is it usually the buyer, the seller, or split down the middle?
And is the fee a flat rate or a percentage of the purchase price?
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asked Jun 11, 2024, 6:01 AM by Sue L.
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It's negotiable, but the buyer usually pays in private vehicle deals. Most providers charge a small percentage of the transaction value with a minimum. Confirm it in writing before you open the escrow so there are no surprises.
I've split it before when the seller wanted the sale badly enough. Everything's negotiable.