In my State, to release an escrow holdback after closing to make repairs, BOTH PARTIES must sign the release of the escrow agreement. The only ones that can instruct escrow to not close are the principals ( buyer and seller ) only .Agents don't legally have the right to. A repair escrow is an agreement between the Buyer and Seller to set aside money to complete required repairs after the transaction closes. Learn how to create a repair escrow to ensure the home seller makes repairs even after the sale and honors promises from your negotiations pre-closing.