The first step in the escrow process is opening escrow. Fidelity National Title provides professional escrow settlement services that are a convenience for the buyer and seller.Once the sellers accept your offer, the contract goes into escrow. Returns or faxes required documents to lender for their approval. The escrow must be provided with the necessary information to close the transaction. An escrow company is used to make certain the transaction will close without problems and in a timely manner. 1. The period that you are "in escrow" is often 30 days, but may be longer or shorter. The signing triggers the transfer of funds from escrow to the seller and transfer the signed deed to the buyer. Learn the basics of how escrow works and find out what you can do as a seller to help move the needle to closing successfully. When you receive an offer on your business, it is time to open escrow.