The seller's real estate agent usually chooses the escrow company. Make sure the escrow company is licensed and in good standing with the Department of Corporations by calling (866) 275-2677, or the Bureau of Real Estate at (213) 620-2072.
Notify The Buyer If you have a legal reason for doing so, notify the buyer of the specific parts of the contract that give you the right to cancel the transaction. If you don't have a contractual reason to cancel the sale, it's worth asking the buyer if they're willing to cancel the transaction by mutual agreement.
California Realtor here. Escrow is opened by the listing agent and 99% of the time the seller/listing agent chooses the escrow company. Escrow is opened once there's a contract.
Who Does The Escrow Agent Work For? Escrow agents act as neutral third parties in these types of transactions. They serve the escrow agreement, and as such, they don't work for either the buyer or the seller.
In California, the buyer may choose the escrow company.
Escrow is generally considered good because it protects the buyer and seller in a transaction.
Legal Expertise: The best title companies often have experienced real estate attorneys on staff who know the ins and outs of title and closings. Compliance: Maintaining compliance with regulations is a must for your chosen title agent.