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Reply to "Escalation conspiracy?"
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[quote=Anonymous]Op, usually it hits top because you are escalating off of the other offers too number. For example… if listing is 1 million and there are two offers. One that escalates yo to 1.18m with increments of say $20,000, and a second offer with escalation up to $1.2 with increments of $25k, what happens is the $1.2 offer escalates off the $1.18 top number. Does that make sense? Anyway, people tend to escalate up quite a bit and I’m not sure buyers understand that you escalate off of someone else’s escalation offer, not their base offer sans escalation.[/quote]
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