Posts in category 'Offers'

Last week we spoke of ways in which to make your offer more appealing to the seller.  One of those ways was to include an "escalation clause".  Here in the Puget Sound area, there is a form that can be added to a purchase contract to help ensure that yours is the winning bid. It's called an escalation clause, or NWMLS Form 35E.  An escalation clause is just that — a clause that escalates the offer price, as needed, to win the deal.  It is used to try to squeeze out all competition in a competitive bidding process.  And it can save you from paying a lot more than the competing buyer is willing to pay.

For example: Say you have found a property that is perfect for you and you are considering making an offer.  We would, as your buyer's agent, reach out to the seller's agent to let them know an offer is coming. The seller's agent might then indicate that they have interest from several buyers,...

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Here are some tips to make your purchase offer look better than your competition:

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