Escrow 101: How Conforma Keeps Projects Accountable

Starting a renovation or repair project should not mean worrying about deposits, missed deadlines, or finger pointing when something slips. Escrow brings discipline to the transaction by holding funds with a neutral party until everyone agrees the work is complete.

Escrow creates a neutral checkpoint for every payment

Conforma acts as the licensed escrow agent between the homeowner and the contractor. Funds are deposited once, and draws are released only after the agreed evidence of completion is provided.

• Homeowner: Deposits the full project budget into a regulated escrow account and approves each milestone before funds move.
• Contractor: Sees that capital is locked in before mobilising crews and materials, so cash flow stays predictable.
• Conforma: Verifies approvals, maintains records, and transfers funds when both parties sign off or a mediator rules.

The Conforma milestone flow

1. Define scope: Align on project deliverables, timelines, and documentation required for each milestone.
2. Fund once: The homeowner funds the account up front, eliminating mid-project payment uncertainty.
3. Track progress: Contractors upload photos, invoices, or permits to demonstrate completion.
4. Approve and release: Homeowners approve a milestone, and Conforma releases the exact draw within hours.
5. Escalate when needed: If something stalls, Conforma coordinates communication or formal dispute review.

Shared accountability builds trust

Escrow is not about distrust. It is about giving both sides the confidence to focus on quality work. Contractors know cash is ready. Homeowners see tangible progress before paying. Everyone benefits from a clear, auditable record.

Ready to bring that accountability to your next project? Book a walkthrough with our team and we will tailor milestones that match your scope.