Understanding Escrow Agents in Non-Guaranteed Price Contracts

Choosing the right escrow agent for a non-guaranteed price contract can feel like a complicated puzzle at first, but it's really about collaboration and trust. So, who gets to choose the escrow agent in this scenario? Well, the answer is straightforward—either the contract seller or the provider can make that choice. Did that surprise you? It goes to show how a good business relationship works! By allowing both parties to have a say in selecting the escrow agent, we actually promote a sense of transparency and mutual agreement. Isn’t that refreshing in a world where contracts can sometimes feel one-sided?