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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I would include the escalation clause, but if they try to push you toward the upper end, just tell them they already have your best offer.[/quote]

So you have no idea how the clause works. They don’t "push you to the upper end" other offers do

I sold earlier this year, we looked at the 3 highest price offers, then the better terms of those 3. With no escalation, you might not be in the top 3. [/quote]

Oh, I understand it very well. You don’t understand my point. I was talking about a scenario where there are no offers close to yours but you already revealed your max so they are countering with it. What I am suggesting is that you only pay your upper end if competing offers actually exist. [/quote]

DP.  Agreed that you are revealing your max for them to counter with in a one-offer situation.  In addition, I've seen the escalation max used in mutliple offer situations.  E.g, you bid  $1M with escalation to $1.2M.  Two other offers max escalation around $1.1M.  Seller's agent nonetheless comes back to you and asks for additional $X over $1.1 to "get it done", because they know you're willing to pay more and really want the house.  This is slimy and shouldn't be allowed with escalation IMO (it should work mechanically), but obviously seller is free to counter this way, and, surprisingly, I've seen this work for the seller, they end up getting $1.15, for example.[/quote]

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