By Rellia editorial team — The Rellia editorial team prepares source-linked educational pages for Long Island sellers.

Published 2026-09-23 · Updated 2026-09-23

Independent escrow and wire-fraud safeguards

Quick answer

On a Rellia sale, closing funds are handled by independent escrow or title professionals. Rellia publishes that it does not collect or custody closing funds. See how it works for the published path, and the optional partners directory when you are choosing providers. Wire instructions should always be verified with the known closing professional using a phone number you already trust.

Independent escrow and title

New York residential closings commonly involve attorneys and title companies. The settlement statement, disbursements, and recording work sit with those professionals. Rellia's published 2.0% seller platform fee is authorized as a separately identified closing or title disbursement calculated from the final purchase price. It is not a reason for Rellia to hold your sale proceeds.

Wire-fraud safeguards sellers should use

Wire fraud often starts with a spoofed email that changes routing numbers at the last minute. Practical safeguards include:

• Call the title company or attorney using a phone number from their letterhead or your prior contact, not from a new email.
• Confirm the beneficiary name, account number, and amount before you send any wire.
• Treat last-minute changes to wire instructions as a stop signal until verified by voice.
• Keep the platform record, attorney emails, and title emails aligned so you notice mismatches early.

These steps do not guarantee a loss-free closing. They reduce common failure modes described in consumer guidance on wire transfer scams.

Cash to close and fee lines

Buyers can use the Buyer Closing Cost Calculator for an illustrative cash-to-close view. Sellers should still reconcile the Rellia fee line, attorney charges, transfer taxes, and prorations against the final settlement statement. Planning tools are not the closing statement.

Common questions

Does Rellia hold my sale proceeds?

Rellia publishes that it does not collect or custody closing funds. Disbursement runs through the licensed closing or title professional.

Who sends wire instructions?

Expect instructions from the independent title or escrow professional handling your file. Verify them out of band before you wire.

Where can I review fee math before closing?

Use pricing, the estimator, and the closing-cost calculator for planning, or start from sell, then rely on the settlement statement for final figures.