What is an Escalation Clause?
Posted by Janice Allen on Saturday, April 2, 2022 at 9:00 AM
By Janice Allen / April 2, 2022
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In today’s Getting Real With Janice Allen Show, I'm going to answer a question I get asked almost all the time, especially during this hot multiple offer environment we are in . When using an escalation clause in a multiple offer situation be sure that you speak with your REALTOR about the following:
1. Set a cap on your offer! .
2. Ask for a copy of the competing offer!
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