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Typical escrow costs

Apologize if this has been answered before but I searched and found different answers

We are about to submit an offer and for escrow our real estate agent placed in contract an initial 10,000 for escrow then 16 days later an additional 60,000.

Anywhere I looked I saw maybe 1-2% for escrow. This would be closer to 4%.

Is this outrageous ? Should we not submit offer ? I have read too many horror stories of escrow funds not being returned

submitted by /u/sparklerainbow23
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source https://www.reddit.com/r/RealEstate/comments/i0cjlz/typical_escrow_costs/
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