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Re: How do most of you conduct your rentals

[Q=johnc1143] I personally wish their [sic] was an affordable Escrow service. The rates that these places charge are outragous for a simple services, IMO.[/Q] As an owner, my problem with the escrow service advertised on Redweek is that the renter only pays a 50% deposit. The renter can back out 60 days prior to check-in and while he/she loses the deposit, I now have only a limited time to try to re-rent the unit or deposit with an exchange company. Meanwhile, I may have turned away others who were willing to pay the entire amount. The 50% deposit I would get from a cancellation wouldn't even cover my MFs. I would rather see a 50% deposit, then the balance paid in full within a week of obtaining the confirmation.