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Reply to "Escalation Clause versus waiting to make a counteroffer?"
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[quote=Anonymous][quote=Anonymous][b]My experience is that the agents communicate verbally about the potential competition and may mishear (bad cell phone reception, new secretary, etc.) so we got the wrong information.[/b] The agents are picking up a call while doing something else, and may not really be checking notes. They are not typing into a portal or text message, so miscommunication happens more easily than if the numbers are written down. That said, the fall market moves more slowly so I might take a risk at this time of year and save some money. In a hot area in the spring, go with an escalation clause.[/quote] What??[/quote]
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