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Real Estate
Reply to "Escalation Clauses- Bidding wars"
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[quote=Anonymous][quote=Anonymous]Not a realtor but a buyer who looked into escalation clauses. [b]I think the seller has to produce the offer at some point?[/b] Some listing agents just ask for best and final offers but I think they do go back to some buyers and negotiate price if they like their terms.[/quote] I’ve never seen the other offer. When we sold our house it was obvious that the agents made sure to get another offer to trigger the escalation clause. [/quote]
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