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Escalation
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0:56
💡 Ever heard of an escalation addendum? In a hot DMV market, it’s your secret weapon to WIN when multiple offers come in. It’s not just about offering more — it’s about offering smart. 🧠 Ruth Garvey breaks down how the right strategy can turn your bid into the winning one. 💬 Thinking of buying soon? Message Ruth Garvey for expert guidance! 📍 Serving VA • MD • DC #DMVRealEstate #AlexandriaVA #ArlingtonVA #BethesdaMD #DCMetroLiving #RGARealty #OldTownAlexandria #NorthernVirginiaHomes #DMVHomeB
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News For Reasonable People
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Things no one really tells you about buying and selling real estate👇 A purchase price escalation addendum can be a game-changer in a multiple-offer situation. It allows a buyer to automatically increase their offer—up to a set cap—so they stay competitive without blindly overpaying. Translation: you’re still in the fight, but with guardrails. Smart strategy, not emotional bidding. 💡🏡 Ready to buy, sell or build? 📲 Message me today! @movewithangelica Angelica Dennis Realtor® @ambpropertygroup
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1:29
When you’re making an offer on a home, especially in a competitive market, you may hear the term escalation clause. Here’s what it means and how it works: An escalation clause allows a buyer to automatically increase their offer price if the seller receives a higher competing offer. The clause states how much the buyer is willing to increase their offer above another offer and sets a maximum purchase price they won’t exceed. For example: A buyer offers $400,000 with an escalation clause of $2,00
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