Sometimes buyers complain that they think escrow companies are overpaid. This is because a lot of what escrow does is behind the scenes and they don’t really explain all of their services well. In truth, escrow companies do a whole lot of work to make a transaction to come together. They coordinate with all the different people involved to make a real estate purchase happen. Escrow companies coordinate with: the Buyer, the Seller, the Listing agent, the Selling Agent, transaction coordinators, the Buyer’s lender and their appraiser, the seller’s lender, the HOA if there is one, the title company, the city of Los Angeles and the state of California, the termite company, insurance company, home warranty company, and retrofit company, package shipping companies, and traveling notaries. Escrow make sure each state required item to complete a sale is taken care of before closing. Since California is a heavily regulated state, there is a lot of things that are required by law in a normal real estate transaction.