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[quote=Anonymous][quote=Anonymous]We bought late last year.

Our escalation maxed @100k above asking.

Another offer with essentially identical terms escalated 250k above asking (only difference was we had a 10d faster close time).
We saw their offer.  It was totally legit as we recognized the person as our tours overlapped and we googled them once we saw their other offer and their pic was on their LinkedIn account.

The seller, instead of trying to get us up more or the other party up more, took our offer at max escalation.

Why?  Because they felt we’d continue caring for the home (said this in our offer letter) vs turn it into a McMansion and piss off the neighbors.

While the sellers still made out like bandits, not every last decision is about money.[/quote]

Just to be clear though, it doesn't matter that their escalation clause went to 250k over - this is why they aren't THAT much of a leg up, because it's actually more about the interval in the clause, so if their interval was up to $5k or $10k, if they chose them it just means they would get 5 or 10k over YOUR highest escalation. So it's true, for many sellers that isn't enough motivation over different contingencies etc. But it's not that they walked away from $150k - pretty sure they would ahve actually taken an offer of that outright! [/quote]

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