escrow fees

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Original Message:

escrow fees (by Lance C.):

jeanney5 wrote:
In the future, where would I post the escrow fee?

That depends. Who wants to use the escrow service? If you, as the owner, insist on it, then what I would suggest is that you pay for it. You might include it in your rental price. For example, if the rental price is$850, you might advertise the rental price as $950. The renter might ask why the price is what it is and you would have to tell him that that includes the escrow fee.

Just be aware that another owner of a similar unit and week might undercut that making his price more appealing to the renter because he is not using escrow.

If the renter insists on using escrow, then he can pay the escrow fee.