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Reply to "Escalation Clause versus waiting to make a counteroffer?"
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[quote=Anonymous]To all those saying "don't use an escalation clause, just make your best offer," the "best offer" presumably is the top of the escalation clause. For example, if a house is listed $1m, and I am willing to pay $1.1m, my "best offer" would be $1.1m. You are saying that I am in a worse position if I offer $1m with en escalation clause of $10k increments up to $1.1m than I would be if I just offered $1.1? Why? [/quote]
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