Saint Louis Homes For Sale
  • Home
  • Home Search
  • Selling
  • Buying
  • Luxury
  • Top Listings
  • Blog
  • Contact Us
  • Homes in Tower Grove
  • Automated Home Values
Login
314-517-5050
Login
314-517-5050

Sign in to your account

Need to reset your phone number?

Don't have an account with us?

Click here to sign up.

escalation clause in home buying

Buyer Tactics for a Hot Market

During a buyer's market, home buyer's are agressive in their offers; making offers substantially below asking price with many seller concessions.  As the market has shifted, buyer's have had to direct heir agressive tactics to fighting off other buyers instead of beating up on home seller's.  

While several things can help a buyer make moves quickly and win their desired home, one effective technique is known as an escalation clause.   When making an offer on a home, having a Realtor add an ecalation clause to the contract can effectively add additional money in specific increments to an offer price up to a maximum price if their is concern that another higher offer may be made.  This can help a buyer make an offer that is fair, without offering more than asking price unless it becomes necessary.  Usually an escalation clause will require evidence that a higher offer was recieved by the seller.  This evidence "triggers" the escallation clause.  

What's especially nice is that many times, buyer's plan to negotiate upwards with a seller, so the escalation clause can help with that if warranted at the point of the initial offer.  If not included, the initial offer can quickly be bypassed for another, higher offer.  

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

4028 Winnebago, St Louis image
4028 Winnebago, St Louis $99,900 ▼

Must Sell! Charming Tower Grove South bungalow under $100K! If you are looking for the vibe of TG South at a very affordable price this gem is it! Many updates throughout...

  • 2 Beds
  • 1 Baths
  • 19078264 MLS
  • ACTIVE Status
2101 Lynch, St Louis image
2101 Lynch, St Louis $69,900

Fantastic corner lot in established historic Benton Park neighborhood. 4504 square feet buildable level lot. Local historic restrictions apply(attached). Awesome walkabi...

  • 0 Baths
  • 19062815 MLS
  • ACTIVE Status
3862 Utah, St Louis image
3862 Utah, St Louis $410,000

Grand three story Tower Grove Heights Historic Home w/ Gorgeous Custom design throughout! As you enter you are struck w/ the Beautiful front & back staircase & custom lig...

  • 3 Beds
  • 2.5 Baths
  • 19071783 MLS
  • ACTIVE Status
1015 Washington Unit #305, St Louis image
1015 Washington Unit #305, St Louis — Dorsa Lofts $259,900

Amazing loft that feels like a home! Soaring space-rich exposed timber ceilings & brick throughout! Fabulous Private Balcony perfect for Grilling & Chilling. Loads of int...

  • 2 Beds
  • 2 Baths
  • 19055938 MLS
  • Dorsa Lofts Bldg.
  • ACTIVE Status
7922 Croydon, St Louis image
7922 Croydon, St Louis $419,900 ▼

New Low Price!! Fantastic opportunity for various small business options. Currently used as fitness / yoga / karate studio. Many possible uses. Located steps from...

  • 0 Baths
  • 19026587 MLS
  • ACTIVE Status
915 Olive Unit #1007, St Louis image
915 Olive Unit #1007, St Louis — Syndicate Bldg Condos $279,900

Sophisticated Syndicate condo grabs your attention w/stylish finishes, stunning views, spacious open floor plan, & 3+ Car Garaged Parking! Gourmet meals are a breeze in t...

  • 2 Beds
  • 2 Baths
  • 19012822 MLS
  • Syndicate Bldg Condos Bldg.
  • ACTIVE Status
Like or Share
Loading likes...

Address Search

St Louis Real Estate Wiki

  • Adverse Possession
  • Appraisals and Market Analysis
  • Buyer's Agent
  • Buying Short Sales
  • Capital Gains
  • Cap Rate
  • Code of Ethics
  • Condominium Conditions and Restrictions
  • Contract Execution
  • Deed of Trust
  • Designated Agent
  • Dual Agent
  • Encumbrance
  • Escalation Clause
  • Expired Listings
  • Getting a Loan
  • Home Staging
  • Inspection Contingency
  • Listing Agent
  • Land Survey Types
  • Limited Service Brokers
  • Loan Application (Mortgages)
  • Loan Commitment
  • Making An Offer
  • Multiple Listing Service (MLS)
  • Open Houses
  • Pre-Approval
  • Selling Short Sales
  • Title Company
  • Title Insurance
  • Quit Claim Deed
  • Warranty Deed
[blog_recent:null]

 

 

 

 

 

Premier Realty Exclusive has provided the above Real Estate Encyclopedia for informational purposes only. Any legal matters discussed are provided with the understanding that any legal questions or problems experienced need to be brought to the attention of a real estate attorney. The best way to learn about real estate is the interaction a prospective real estate customer can have with expert Realtors.  In addition to the experience and knowledge of the Realtor,plus the interaction and questions that come up, Realtors at Premier Realty Exclusive offer information on specialists in lending, appraisals, inspections, surveying and insurance agents.  All professionals are provided as a service are screebed and have a proven record of experience throughout real estate transactions.

Contact us for more information.

 

Let the Premier Realty Exclusive Realtors make your real estate purchase or sale a smooth experience for you!  

  • Home
  • Advanced Search
  • Selling St Louis Homes
  • Buying St Louis Properties
  • St Louis Foreclosures
  • About Premier Realty
  • St Louis Real Estate Blog
  • St Louis Featured Listings
  • Contact Us
  • Real Estate Terms
  • What’s my Home Worth?
  • Instant Home Valuations
  • St Louis City
  • Central St. Louis County
  • West St Louis County
  • South St Louis County
  • North St Louis County
  • St. Charles County

Homes for Sale in St Louis

Homes Sold in St Louis

St. Louis HAPPY HOME SELLER Club

Premier Realty Exclusive
4100 Humphrey Street
Saint Louis, MO.  63116
314-772-4868

© 2019 - All Rights Reserved
IDX Real Estate Websites by
• Accessibility