• Bobby Stevens

What is an Escalator Clause?


Here's the verbiage I use in offers for my buyers:

ESCALATION CLAUSE (see attached addendum): Buyer purchase price to exceed that of any bona fide competing offer by $2,000 up to a price ceiling of $450,000. Proof of competing offer required for activation, please see attached addendum/worksheet for details.


Bobby Stevens

You're Home Real Estate

541-225-8081

Bobby@YoureHomeRE.com

YoureHomeRE.com

2 views0 comments

Words & pictures on real estate.