Rental Escrow

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Original Message:

Re: Rental Escrow (by John C.):

As a very nervous 1st time renter, I am interested in the escrow service. The escrow would cover me from scammers from what I can tell. Since the renter gets no $ until 11 days after the vacation, I would have ample tim eto stop the payment and file a complaint of I went to teh front desk and found out they never heard of me. For where I am looking, the price of the escrow would be a drop in the bucket. A previous poster said the cost of escrow would make it just as easy and cheap to rent direct from hotel. This is not the case in my situation. Regular 1 bedrooms at Haborside Resort at the Atlantis (Bahamas) run over $600-800 a night for summer. Standard hotel rooms there run $400-550 a night. I am looking at rates on RedWeek for $207-325 a night for the 1 bedroom condos. I'd pull the trigger right away if I felt safe about it. If fact, I think I might offer to cover the entire price of the escrow myself just to for piece of mind if I choose to rent from a person on this site. I just have no trust for folks selling wares on the net. I've been ripped off on Ebay a few times ... I've had my CC compromised two times online... and you see horror stories on any forum you check of folks who lost thousands and ruin a vacation. It is a dangerous world online. From a renter's viewpoint, I can't believe that anyone would rent w/o some sort of escrow protection. To be honest, I am even a tad worried WITH escrow! I know zippo about timeshares, except for my co-workers who grip about their timeshare fees and how they wish they'd never enrolled.