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Reply to "Escalation Clause versus waiting to make a counteroffer?"
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[quote=Anonymous][quote=Anonymous]We sold in July. We had 5 offers the first day, 3 with escalation clauses. We did not go back to the others at all, we took the 2 highest clauses and chose the one with better terms, that ended up being #2 in price, but the $5k extra on the top one didn’t beat out the better terms. I’d guess no escalation, you won’t get the chance to counter. [/quote] This. The offers coming in are so good now that it's not worth it to waste time with getting a counteroffer. When we bought last year, our realtor said that if we weren't willing to put forward our highest offer, then we should do an escalation up to that amount because no one was doing counter offers anymore.[/quote]
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