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.

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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

$259,900
3 Beds ⋅ 2 Baths ⋅ 23030245 MLS ⋅ COMING SOON Status
Show like NEW! Stunning renovated 3 Bed 2 Full Bath 1 Car Ranch in AAA Rated Lindbergh School District!! It welcomes you with the covered front porch. Walk into the living room, separate dining room, and check out the beautiful floors throughout the house. The brand-new and tasty kitchen offers all new backsplash, granite countertop, farm sink, all stainless-steel appliances, all tall white cabinets. The kitchen walks out to a deck & fully fenced back yard. The brand-new hall bath features all new tiles, bathtub, vanity, sink & floor. The walk-out basement offers a full bath with a shower, laundry area, ton of storage area, and is ready for your finish. The renovation includes freshly painted, new kitchen & bathroom, new flooring, new light/fan fixtures, all new windows, 6 panel doors, new garage door, new deck, all new SS appliances, too many improvements to list. Corner lot, close to parks, shopping, restaurants, & Grant’s Farm trail! Schedule your showing today!

10038 Stratton Drive, St Louis
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2 Sappington Acres, St Louis
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OUTSTANDING OPPORTUNITY!!! Move right in or finish this fantastic Crestwood ranch your own way! Hardwood flooring throughout the main floor, Pella windows, newer HVAC and more! Architectural shingle roof and low maintenance brick exterior are oh-so-nice! Divided floorplan gives you that privacy you're seeking! Partially finished basement walks out to a great back yard lot with room to play! At this price, it's not going to last long; schedule your showing today!

8808 Watson Woods Court, St Louis
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3 Beds ⋅ 2 Baths ⋅ 23029339 MLS ⋅ ACTIVE Status
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10207 Richview Drive, St Louis
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Welcome to this one owner, well-maintained, custom-built home nestled in the highly sought-after Sunset Hills community and Lindbergh School District. Entering the home, you’ll notice the gorgeous wood flooring running throughout the entry way, family room and kitchen. The updated eat-in kitchen boasts custom cabinets, granite countertops, SS appliances and main floor laundry. The family rooms brick fireplace and custom mill work is sure to please. A powder room, formal living and dining areas complete the main level. The upper level includes a very spacious Master suite with walk-in closet and ensuite bath, an additional 2BR and full bath finish this level. The lower level is finished to include an impressive stone fireplace and full bath. Step outside onto the expansive patio and immerse yourself in the serenity of the backyard. This outdoor haven is perfect for outdoor entertaining, or simply enjoying the beautiful surroundings.

11627 Denny Road, St Louis
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Brand new Avanti two story home with 2BR and 2.5BA, ready this Fall! 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
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Wonderfully maintained sprawling ranch home in sought after Lindbergh School District! Home features 4 Bedrooms, 2.5 Baths and a fully finished basement! Upon entering the foyer, living room and dining room are to the right and left of you. Just past the dining sits the nicely updated kitchen with white cabinetry, ceramic tile floors, granite countertops, large island, and all appliances stay. The kitchen open into the family room large enough for sitting area and breakfast nook. The stone gas fireplace and sliding glass doors and a gem to have in this room. Main floor has 4 nice sized bedrooms, and two full baths. Basement is fully finished with one large room great for entertaining, half bath, full kitchen area, two additional room, laundry room and storage room. Large 16x12 deck with a remote controlled awning to top it off. Corner lot gives that extra green space between neighbors as well. Located just minutes from Crestwood Aquatic Center & walkable to Long Elementary!

9280 Roger Lee Lane, St Louis
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9181 Fox Bridge Drive, Sunset Hills
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9918 Chileswood Drive, St Louis
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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

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9465 Vandervoort Court, Crestwood
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9461 Vandervoort Court, Crestwood
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Darling brick front home in Lindbergh school district! This spacious 3+ bedroom, 3 full bathroom home has been updated with all new flooring, updated primary suite bathroom, new kitchen countertops and gas range. The kitchen features a pantry, built in oven, quaint eating nook and that walks out to a spacious freshly painted deck. The open concept family room/dining area is perfect for entertaining. The home also includes a finished lower level with a second family/hearth room and an additional space for a bedroom, office or play room. The walk-out basement takes you to a new fenced, level yard. The updates don’t stop there! The furnace, a/c, and water heater have all been updated in last couple of years.

11133 Torigney Drive, St Louis
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2 Beds ⋅ 2 Baths ⋅ 23022172 MLS ⋅ ACTIVE UNDER CONTRACT Status
Looking for your dream home in the highly rated LINDBERGH SCHOOL DISTRICT with a great inground pool? Look no further! This stunning property is located on a sought-after street and sits on just under an acre of beautifully landscaped land. One of the standout features of this property is the four-year-old oversize garage, which provides ample space for parking and storage. The level lot and white vinyl fence surrounding the property add to the privacy and beauty of the outdoor space. Inside the home, you'll find a kitchen with newer appliances and plenty of counter space for cooking and entertaining on the beautiful island. The wooden doors and floors throughout the house add a touch of warmth and charm. Relax in the peaceful backyard , or host a gathering in the over 2,000sf of living space, this is the perfect place to call home. Don't miss your chance to own this incredible property in one of the most desirable neighborhoods in the area!

11 Sappington Acres Drive, St Louis
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3 Beds ⋅ 3 Baths ⋅ 23019133 MLS ⋅ ACTIVE Status
Are you looking for a unique home that stands out from all the rest? Look no further than this 3 bedroom, 3 bathroom gem located in the desirable Sunset Hills neighborhood! From the moment you step inside, you'll be greeted with soaring ceilings and an open concept floor plan that is perfect for entertaining. The spacious living room features a beautiful fireplace and plenty of natural light, while the eat-in kitchen is ready for your personal touches. Upstairs, you'll find a luxurious master suite that includes a large walk-in closet and bathroom with a soaking tub and separate shower. Two additional bedrooms, provide plenty of space for guests or family members. Outside, the large lot and backyard is the perfect place to relax and unwind after a long day. Whether you're firing up the grill for a barbecue, or just lounging around with a good book, this space is waiting to be made into your favorite spot. Brand new carpet! Come see for ourself what makes this unique home so special!

12302 Fox Court, St Louis
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3 Beds ⋅ 3 Baths ⋅ 23011813 MLS ⋅ ACTIVE Status
Pre-Construction, To Be Built Home. Highly desirable and convenient location in the sought after Lindbergh school district! New construction home on a half-acre lot - a rare find for the area! This a flat .48 acre lot with 59 feet of frontage and 340 feet depth in an ideal location. Ample space in the rear for a pool or other outdoor entertainment living options. Set back from Sappington Road for quiet enjoyment. Home features a 2-car garage with mudroom entry, 3 bedrooms, 2.5 baths, spacious primary suite, generous closets, and a large basement to develop for guest overflow or entertainment space. Fully appointed kitchen in large open floor plan for family gatherings. Proximity to schools, shopping centers, restaurants, and major roads/highways. Located right across the street from Claire Davidson trails. Neighboring high-end homes under construction. Upgrade options available.

2 Bblt 9214 Sappington Road Road, St Louis
$599,900
3 Beds ⋅ 2 Baths ⋅ 23007477 MLS ⋅ ACTIVE UNDER CONTRACT Status
3 bedroom 2 full bath ranch w/ room to expand in highly sought after Lindbergh schools. Upon entering the foyer you're met w/ gleaming hardwood floors & warm natural light. The formal dining room offers additional space for family and friends while the large great room has plenty of space to gather featuring hardwood floors, a vent free gas fireplace & arched windows. The kitchen offers newer black & stainless appliances, along w/custom cabinets, granite, pantry, plus an eat in breakfast area. The sliding door opens to the low maintenance deck & park like setting w/ vinyl fencing. The huge master bedroom has a custom walk-in closet & on-suite bath boasting ceramic flooring, double sink, separate shower & tub. The handy mud room pulls double duty with a washer & dryer, off the over sized 3 car garage. Large 2nd bedroom can serve as an office with custom built-in cabinets. Newer addition are the roof, water heater, furnace and A/C, toilets, faucets, ceiling fans & top down blinds!

9532 Parkfield Place Drive, St Louis
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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
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2 Beds ⋅ 3 Baths ⋅ 23009066 MLS ⋅ ACTIVE Status
Brand new Avanti two story home with 2BR and 2.5BA, ready this summer! 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 with McBride Homes’ 10 year builders warranty and incredible customer service! Similar Photos Shown.

9453 Woolworth Drive, Crestwood
$361,900
2 Beds ⋅ 3 Baths ⋅ 22044997 MLS ⋅ ACTIVE Status
Pre-Construction. To Be Built Home in Crestwood ready to personalize into your dream home! LIST PRICE and PHOTOS are for 2BR, 2.5BA Avanti Two Story. Pricing will vary depending on various interior/exterior selections. This home’s open main level is perfect for entertaining w/large living area open to a dreamy kitchen. Lots of cabinetry & countertop space in this beautiful kitchen. On the second level you will find the master suite w/walk-in closet, shower with seat, & opt double bowl sink, as well as the second bedroom, add'l bath, & laundry area. The Avanti exterior features a traditional brick front. Additional choices include optional first floor w/large island & detached two car garage. Peace of mind with 10 year builders warranty! Crestwood Crossing offers 15 various single family new home floor plans, including ranch, 1.5, and two story models in the Lindbergh School District

2 Avanti At Crestwood Crossing, Crestwood
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