Escalation Clauses...what are they?
In this market, buyers are looking for ways to make their offer stand out above the rest. One strategy? Including an escalation clause.⁣ ⁣What is an escalation clause? Consider it the eBay of real estate. Let me explain.⁣ ⁣An escalation clause automatically increases a buyer’s offer by a certain amount, say $1,000, each time another buyer makes a higher bid. It essentially eliminates the back and forth of offers and counteroffers.⁣ ⁣If you’re looking to sell, an escalation clause could likely come your way—which means top dollar for your home—got questions? Reach out and let's connect. I'm here to serve YOU!

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Coldwell Banker
3033 Excelsior Blvd #100
Minneapolis, MN 55416