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Escalation Clause- Win the Bidding War
An escalation clause can be a great way to structure an offer to be the winning bid in a red hot seller's market. When you know buyer competition will be high on a home, it it also means you may be competing with multiple offers . Here in the Massachusetts Real Estate market we are seeing certain communities or properties that will most likely be in a bidding war with multiple offers with in days of hitting the market. It can be very frustrating time for home buyers. What is an escalation clause? An escalation clause is you offer a