St Louis Real Estate Search

escalation clause in home buying

Buyer Tactics for a Hot Market

During a buyer's market, home buyer's are aggressive in their offers; making offers substantially below asking price with many seller concessions.  As the market has shifted, buyer's have

offering money

 had to direct heir agressive tactics to fighting off other buyers instead of beating up on home seller's.  

In the current market, buyer's are taking big risks in order to win in competitive bidding.

One effective technique for offering more is known as an escalation clause.   When making an offer on a home, agreeing to pay add additional amount in specific increments to a price up to a maximum price.  

This can help a buyer make an offer that is fair, without offering too much higher than other offers. It can protect a buyer in the event that another offer comes in slightly higher than they pay.  Usually an escalation clause will require evidence that a higher offer was received by the seller.  This evidence "triggers" the escalation clause.  

Drawbacks of Escalation Clauses

 

While this can help in some cases, sometimes the seller is more comfortable withoffers that come in higher.  There are even times when the seller may not consider escalation clauses because their agent doesn't notice the clause, or doesn't understand.  

 

Another setback has been that escalation clauses might not be accepted by the seller, or the seller receives several offers with escalation clauses and it gets too complicated.   Many things can take place given the fluid nature of the market, but its always possible that it might be the edge that you need to win in competitive bidding.

.  

When making an offer with an escalation clause, your Realtor and an attorney can help with the correct language that will work in given situations.  This post is meant for information only and does not constitute legal advice.

Premier Properties

$369,900
3 Beds ⋅ 3 Baths ⋅ 23059654 MLS ⋅ ACTIVE Status
9241 Cordoba Lane is the classic Crestwood home you’ve been waiting for. The warm and inviting main level has been completely opened up, creating a seamless flow, with hardwood floors & custom molding throughout. Newer, crisp white kitchen features ss appliances/hood, oversized island, and tons of storage. The expansive, covered deck adds another living space, overlooking the park-like 1/3 acre yard. Master bedroom has double closets & updated ensuite. Two spacious bedrooms & updated hall bath complete this level. The light-filled lower level features a large rec space, half bath, mudroom, laundry, storage & access to 2-car garage. Nothing to do, but MOVE IN! Award winning Lindbergh schools, walking distance to Whitecliff Park and Crestwood Aquatic Center, minutes from I-44. HVAC (2021), Roof/Deck (2016), Kitchen (2020) - see attached list for full list of updates.

9241 Cordoba Lane, Crestwood
$359,900
3 Beds ⋅ 2 Baths ⋅ 23057898 MLS ⋅ ACTIVE UNDER CONTRACT Status
Nestled in the Lindbergh school district and located close to shopping and major highways, this exceptional 3-bedroom, 2-bathroom full brick ranch, spanning an expansive 1,641 square ft. on the main level, awaits its next owner. Step inside and discover a generous living room and dining area, bathed in natural light streaming through an abundance of windows. The ambiance is further enhanced by a cozy family room, complete with a charming wood burning fireplace that gazes out upon the serene backyard. The kitchen features white cabinets, a pair of spacious pantries, and comes fully equipped with appliances that stay with the home. Hardwood floors grace the living & dining room, hall, and bedrooms, adding an inviting warmth to the entire living space. Step outdoors and find yourself on a covered patio, overlooking a beautifully fenced yard, complete with a small shed for your outdoor storage needs. A full basement, for either finishing or storage & 2 car garage completes this package!

10115 Harwich Drive, St Louis
$275,000
3 Beds ⋅ 2 Baths ⋅ 23056861 MLS ⋅ ACTIVE Status
Great ranch home with with tons of features! Home boasts 3 bedrooms, spacious living room, separate dining room, updated kitchen and much more! Don't wait! This one won't last! This property is offered in its current AS IS condition; all utilities are turned off.

11272 Gravois Road, St Louis
$675,000
4 Beds ⋅ 4 Baths ⋅ 23056219 MLS ⋅ ACTIVE Status
A wonderful value, this spacious great room ranch is loaded with special features and is ready for immediate occupancy. Outstanding curb appeal with a mixture of vinyl and brick, side entry garage, concrete driveway, fenced rear yard and lush flowering landscaping. Super clean and fresh interior with a gracious entry that leads into a large vaulted great room with gas fireplace. Separate formal dining and living room/office. The kitchen has white cabinets, center island, newer dishwasher, wall oven/microwave, 5 burner gas cooktop and refrigerator. Breakfast room leads to a sunroom. A half bath and 1st floor laundry with washer/dryer and sink complete the kitchen area. A wonderful, vaulted master suite to include a ceiling fan, walk in closet, master bath with dual sinks, whirlpool tub and separate shower. Two additional bedrooms share a hall bath. The LL is a WO and has a large rec room with walk up wet bar area, huge full bath and 4th bedroom. New carpet and paint throughout!

9603 Oakmont Woods Court, St Louis
$334,900
3 Beds ⋅ 2 Baths ⋅ 23056138 MLS ⋅ ACTIVE Status
Well built and meticulously maintained 3 bed 2 bath brick house that has been remodeled and updated, in the highly sought after Crestwood area and Lindbergh School District. Conveniently located close to highways, shopping, restaurants, and parks. Move-in ready. Kitchen boasts new Shaker Cabinets, Appliances, Recessed Lighting, and Flooring. Updated bathrooms with new fixtures, lighting, shower doors, and flooring. New 50 gallon Gas Water Heater and 100 Amp Service Panel. New Lighting throughout entire home. Gas Furnace and Hot Water Heater. 220 volt Electric Service for Dryer.

11251 Monte Carlo Drive, St Louis
$349,900
3 Beds ⋅ 3 Baths ⋅ 23055576 MLS ⋅ ACTIVE Status
Welcome to our spacious ranch with 3 beds, 2.5 baths and 2265 total sq ft, located on a corner lot in Crestwood in the sought after Lindbergh School District! The living room greets you with hardwood floors, neutral paint, natural light and access to the separate dining room. The updated kitchen has custom cabinetry, a tile backsplash & white appliances included. Continue to the hearth room, perfect for entertaining with a gas fireplace. The main floor offers 3 beds & 2 full baths including a master suite. The lower level offers additional living space with a large rec room, half bath, a sleeping room, laundry area & ample storage. The large, level lot offers a lush lawn, patio and a fenced yard on nearly a half acre lot! The oversized 2 car garage offers room for more storage, a workshop, and direct access to the backyard. Updates made to: roof, vinyl windows, main floor baths, kitchen, fireplace, exterior paint, professional landscaping and more!

9248 Lavant Drive, St Louis
$740,000
3 Beds ⋅ 4 Baths ⋅ 23054596 MLS ⋅ ACTIVE Status
Prestigious Sunset Hills & award-winning Lindbergh SD. 1.5 story Cape Cod charmer on .5 acre, GIGANTIC front porch offers you the solace of country charm, in the middle of everything you could need/want. Walk to Truman Middle, St. Justin, Kitun Dog Park, shopping & dining. Well appointed kitchen w/custom cabinetry, ss appliances & granite countertops. 2-story great room is flooded w/natural light & the columns & archways are beautiful architechtual elements. Inviting fireplace perfect for gathering & celebrating the holidays. MF MBR, 2 BR upstairs EACH w/ensuite bath. Loft area= versatility: maybe a cozy reading nook, home office, or play area. HUGE Bonus Rm above garage perfect for man-cave, crafting area, etc. Easily converted to in-law quarters. Fantastic 24x14 composite deck overlooks GORGEOUS lagoon-like pool complete w/fountain, pebble-sheen finish, submerged seating & beautiful landscaping. Your own private oasis retreat & perfect escape during steamy summer days awaits!

9133 Robyn Road, St Louis
$246,900
3 Beds ⋅ 2 Baths ⋅ 23052056 MLS ⋅ ACTIVE Status
LOCATION, LOCATION with a lower price and seller offering to pay $4000 toward buyer's closing costs to help cover repairs. What a quant home located in the Lindbergh school district at an affordable price! A very tastefully updated, unique side entry home that puts you into the spacious living room and a view of the separate dining room. The kitchen is a great size with room for a movable island that doubles to be an eat in kitchen. The laundry/utility room is conveniently located off the kitchen to allow easy access. The master bedroom is a great size and has a 1/2 bath attached. 2 other bedrooms and a full bath finish off the floorplan with sizable closets in each room. Most of the flooring is new in the home including vinyl tile and carpet. The 1 car garage has storage incorporated inside and there is another storage area on the outside of the garage for storing your lawn mower, yard tools, etc. Don't let this one slip by! A very nicely updated home in a highly sought after area!!

1325 Aloha Drive, St Louis
$427,500
4 Beds ⋅ 3 Baths ⋅ 23050921 MLS ⋅ ACTIVE Status
Welcome home to 9507 Craigwood Terrace in the Lindbergh School District. The house has been rehabbed from top to bottom. 4 bedrooms and 3 full baths. Situated in a lovely neighborhood with terrific privacy and amenities, what more could you want? This home is ready immediately for the family wanting to move right in today! Close to Grant’s Farm, Whitecliff Park/Crestwood Aquatic Center, plus Watson Rd shopping & restaurants.

9507 Craigwood, St Louis
$449,900
3 Beds ⋅ 4 Baths ⋅ 23050901 MLS ⋅ ACTIVE Status
DISPLAY HOME FOR SALE! Brand new Bella Vista 3 story home with 3BR and 3.5BA, move in ready now! 9ft ceilings, 6ft windows and wood laminate flooring on main level! Large living room with abundance of natural light. Large kitchen peninsula with breakfast bar, Level 6 grayhound cabinets with pantry cabinet, quartz countertops, and stainless steel GE appliances. Dream kitchen and breakfast room area! Powder room on main floor features fun tile floor! Master suite on second floor with two walk-in closets and private master bath w/double sink vanity and large shower w/seat, loft and laundry room. Third floor two add'l beds, each with attached private bath & walk-in closet. Rear entry two car detached garage, full basement, & two panel int doors. Upgraded lighting, plumbing fixtures, main floor powder room and more! *7,500 closing costs credit available to purchaser(s) who comply with promotion requirements, subject to McBride’s terms and conditions. Contact for builder promotion details

9409 Vandervoort Court, Crestwood
$365,000
3 Beds ⋅ 3 Baths ⋅ 23046499 MLS ⋅ ACTIVE Status
BACK ON THE MARKET AT NO FAULT TO SELLER! This adorable 3 bed, 2.5 Bath updated mid-century split-level is conveniently located just a block from Long Elementary. This home welcomes you in with the reclaimed cedar entry and real hardwood flooring. Newer windows offer ample natural light & top/bottom blinds. Kitchen is open to the dining that boasts granite counters w/ elongated lip seating, travertine tile, and SS appliances. Enjoy the charm of fall by opening the French doors & turning on the attic fan. Down the hallway is the shared bathroom, two other bedrooms that have ceiling fans, closet organizers, and quiet register booster fans with thermostat control. Primary suite has an extended-depth closet & organizers and "no step" shower. Lower level is finished with plush neutral carpet and newer large windows, offering endless possibilities for the buyer. Roof, HVAC, water heater, & DW were replaced in ’21. Close to Grant’s Farm, Whitecliff Park, & Aquatic Center.

9549 Garber Road, St Louis
$999,900
4 Beds ⋅ 5 Baths ⋅ 23038887 MLS ⋅ ACTIVE Status
Spectacular custom two-story on quiet, residential section of South Lindbergh. Expansive first floor with gleaming wood floors. Chefs kitchen with custom cabinetry, granite counters, large island and high-end appliances. Built for entertaining, this home can accommodate the largest of gatherings. Newly expanded family room with second Sub Zero beverage fridge and wine cooler. Main floor offers accessible room that could be sleeping area. Oversized three car garage includes wheelchair lift for ADA accessibility. Second floor features open loft area with unlimited uses. Vaulted primary en suite with 2 large walk in closets. Enjoy peaceful evenings on the covered 32X23 composite deck with built in heaters overlooking the perennial and mature tree filled yard. More living area in the finished lower level with rec room, kitchenette and full bath. So many options with this beautifully designed home. Close to highways and all that Sunset Hills has to offer. You will want to call this home!

4037 S Lindbergh Boulevard, St Louis
$725,000
3 Beds ⋅ 4 Baths ⋅ 23038749 MLS ⋅ ACTIVE Status
Please bring only qualified buyers to see this beautiful property. Come see this hidden jewel in Sunset Hills. Home has 3 bedrooms and a loft that can be used as an additional bedroom, office or sitting room. Main floor Master bedroom with large walk in closet and Hugh master bathroom with separate bathtub and shower. Entry foyer present an open floor plan with large great room and dining room with plenty of natural light from large windows. Kitchen has granite counters tops, garbage disposal, dishwasher, lots of cabinets and stainless steel appliances. Spacious Breakfast room opens up to a deck where it overlooks a beautiful private yard. Main floor laundry room is an added amenity. Fabulous finished lower level with a wet bar, full bathroom with shower and a fireplace. Sellers Motivated.

433 Spears Street, Sunset Hills
$434,996
2 Beds ⋅ 3 Baths ⋅ 23029131 MLS ⋅ ACTIVE Status
Brand new Avanti two story home with 2BR and 2.5BA, move in ready early 2024! Beautiful wood laminate flooring throughout main level! This home is perfect for entertaining with a large living room with bay window and oversized kitchen with large peninsula and breakfast bar, painted white cabinets, and stainless steel GE appliances. Beautiful dream kitchen! Second level master suite with large walk-in closet and private master bath featuring shower with seat and double bowl adult height vanity. Second floor also includes 2nd bedroom, additional full bathroom, and laundry area. Rear entry two car detached garage, full basement, and exterior features brick front. Upgraded lighting, plumbing fixtures, six panel interior doors, and more! Don’t miss your chance to live in this new Crestwood neighborhood! Surrounded by restaurants, shops, and more, this community has it all! Enjoy peace of mind with McBride Homes’ 10 year builders warranty and incredible customer service! Similar Photos Shown

9454 Woolworth Drive, Crestwood
$436,353
2 Beds ⋅ 3 Baths ⋅ 23026524 MLS ⋅ ACTIVE Status
Brand new Avanti two story home with 2BR and 2.5BA, ready this Fall! Beautiful wood laminate flooring throughout main level! Perfect for entertaining with a large living room with bay window and oversized kitchen with large island and breakfast bar, painted white cabinets, and stainless steel GE appliances. Beautiful dream kitchen! On the second level you will find the master suite with large walk-in closet and private master bath featuring shower with seat and double bowl adult height vanity. Second floor also includes 2nd bedroom, additional full bathroom, and laundry area. Rear entry two car detached garage, full basement, and exterior features brick front. Upgraded lighting, plumbing fixtures, six panel interior doors, and more! Don’t miss your chance to live in this new Crestwood neighborhood! Surrounded by restaurants, shops, and more, this community has it all! Enjoy peace of mind with McBride Homes’ 10 year builders warranty and incredible customer service! Similar Photos Shown

9445 Vandervoort Court, Crestwood
$700,000
4 Beds ⋅ 3 Baths ⋅ 23009518 MLS ⋅ ACTIVE Status
To Be Built New Construction Home By Flower and Fendler Homes. In the heart of Fenton with easy access to Bowles Ave and 141 Highway. Ranch Style home with 3 Bedrooms and 2 Bathrooms at Main Level, a Main Level Laundry Room. Open Floor Plan with Great Room, Breakfast Area and Kitchen. Dining Room at the Front of the house or Close it Off to Make into a Study. 12" Volume Height Ceiling at Foyer, Great Room, Kitchen and Breakfast and 9' Ceilings at Halls Bedrooms and Bathrooms. 9' Foundation Walkout with a Finished Rec Room, Bedroom and Bathroom. Direct Vent Gas Fireplace-Master Bathroom Suite with Double Bowl Sinks-Moen Faucets Throughout-Stainless Steel Appliances (Dishwasher, Microwave, Range, Garbage Disposal)-Granite/Quartz Kitchen Countertops-Custom Wood Kitchen Cabinets with Island-30 Year Architectural Shingles-Fully Sodded Yard.

714 Mosley Court Court, Unincorporated
$423,875
2 Beds ⋅ 3 Baths ⋅ 23009066 MLS ⋅ ACTIVE Status
Brand new Avanti two story home with 2BR and 2.5BA, move in ready early 2024! Beautiful wood laminate flooring throughout main level! This home is perfect for entertaining with a large living room and oversized kitchen with large peninsula and breakfast bar, white cabinets, and stainless steel GE appliances. Beautiful dream kitchen! On the second level you will find the master suite with large walk-in closet and private master bath featuring shower with seat and double bowl adult height vanity. Second floor also includes 2nd bedroom, additional full bathroom, and laundry area. Rear entry two car detached garage, full basement, and exterior features brick front. Upgraded lighting, plumbing fixtures, six panel interior doors, and more! Don’t miss your chance to live in this new Crestwood neighborhood! Surrounded by restaurants, shops, and more, this community has it all! Enjoy peace of mind w/ McBride Homes’ 10 year builders warranty and incredible customer service! Similar Photos Shown

9453 Woolworth Drive, Crestwood
$1,150,000
3 Beds ⋅ 4 Baths ⋅ 22038517 MLS ⋅ ACTIVE UNDER CONTRACT Status
TBB Custom Home. This home or another custom home can be built on this awesome lot over a half acre in Lindbergh School District. This approximately 3000 sq ft ranch home with awesome open living has 3 bedrooms, 3 full baths and 1 half bath. Stunning U shaped kitchen with Huge island, that opens straight thru to the dining room and great room, all completely open. Main bedroom suite, with main bath has a large walk-in shower, free standing tub and his and her walk in closets. Both bedrooms 2 and 3 have private baths and the main living area has a 4th private powder room. Home also has a separate private office in front and an awesome hearth room in the rear. 3 car side entry garage and the ability to add a finished lower level in this 9' tall basement. Again this or another home/floor plan can be designed custom to fit your lifestyle.

8 Sappington Acres Drive, Unincorporated
Start Your Search