This form is a sample letter in Word format covering the subject matter of the title of the form.
House Offer With Escalation Clause In Palm Beach
Category:
State:
Multi-State
County:
Palm Beach
Control #:
US-0028LTR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
There has been concern that escalation clauses may be unethical or cause other complications. Reasons include the following: Agents for sellers should disclose the number of competing offers to other bidders but not the amount of each offer.
However, buyers need to be careful with these clauses as they can sometimes backfire. “An escalation clause needs to be in conjunction with a really good offer,” said Madani of Room Real Estate. “It's really the whole package to get your offer accepted.”
Escalation clauses in my area are very common and have been quite successful, but $1000 is pretty much the standard.
Escalation clauses in my area are very common and have been quite successful, but $1000 is pretty much the standard.
