Escrow fee
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Original Message:
Escrow fee (by Tracey S.):
Here is the page with all the details: http://www.redweek.com/resources/rental_process/escrow/
It is $100 for rentals up to $1000 and $150 for rentals up to $2000 and it goes up as the rental price goes up.
It is not necessary although some owners and/or renters request or require it. Some who owners refuse to use escrow because they don't get their money until sometime after the renter checks out.