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What is an escalation clause?

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What is an escalation clause?
Now that you know what an escalation clause is, when do you use it?

➡️ Escalation clauses can be beneficial, especially in a seller’s market. If homes are selling fast, you’ll want something that can help your offer stand out in a competitive market and let sellers know you mean business. Therefore, the best time to use an escalation clause would be during a bidding war scenario.

Do you have questions? I'd be happy to answer them for you! Give me a call anytime!
Gary 'Mr Action' Fayerman
(403) 620-2800
mraction@telus.net

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