In a seller's market, using escalation clauses with larger increments (such as $20,000 instead of $5,000) helps your offer stand out and outperform competitors who use smaller increments, while also including a professional cover letter with your purchase offer makes you easier to work with and earns brownie points with the listing agent.
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Escalation clauses are a great tool to use in a sellers market!Added:
We also talked about escalation clauses.
Don't do them in just five grand increments. Add a two on it and then help bump out everyone else who's just going to fives and 10 increments on their purchase offers. And we also talked about doing a nice cover letter or a summary with your purchase offers before you send them. Again, you want to make life easy for the listing agent. If you can show that you're easy to work with in the beginning, then it's going to help you win some brownie points with that listing agent. And that's what you need especially when your houses are getting like 10
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