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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