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.
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Gary 'Mr Action' Fayerman
Your Trusted Partner in Real Estate. Contact me at 403-620-2800 for all your property needs.