I've used escrow with a few transactions with shady people, and it totally saved the transactions. Other people have done transactions with these same people, without escrow, and suffered losses. Escrow is ALWAYS a good idea, no matter who you are trading with.
You're absolutely right! Any transactions with Escrow will give you peace of mind especially, nowadays that we are using Cryptocurrency on buying some properties and other products and services. Virtual transactions with Escrow is quite our assurance and protection.