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Words & pictures on real estate.

  • Writer's pictureBobby 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


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