A podcast about life, the universe and anthropology produced by David Boarder Giles, Timothy Neale, Cameo Dalley, Mythily Meher and Matt Barlow. Each episode features an anthropologist or two in conversation, discussing anthropology and what it has to tell us in the twenty-first century. This podcast is made in partnership with the American Anthropological Association and with support from the Faculty of Arts & Education at Deakin University.
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How Can Escalation Clauses Help You Beat out the Competition?
MP4•Beranda episode
Manage episode 186577082 series 1084028
Konten disediakan oleh JP Pirtle. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh JP Pirtle atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.
Because of the hot competition we’re seeing lately in the market, escalation clauses have become much more common.
Buying a Louisville home? Get a full Home Search
Selling your Louisville home? Get a free Home Value Report
Recently, we’ve been seeing a lot of escalation clauses in our market. But, what is in an escalation clause?
An escalation clause is a buyer’s best and final offer. People have been making these kinds of offers for years, but recently they have become a lot more important. This is largely thanks to our being in seller’s market where competition is hot.
Buyers right now don’t want to lose out on the right home, but they also don’t want to have to make excessively high offers.
“
”
Setting a limit will help ensure that a buyer doesn’t pay a ridiculous amount.
”
An escalation clause allows buyers to stipulate that they will pay up to a certain amount limit in order to beat out other offers. As an example, an escalation clause might state that a buyer will pay up to $1,000 over any other offer that is made.
This cap means that buyers don’t need to be as worried about overpaying. Setting a limit will help ensure that a buyer doesn’t pay a ridiculous amount.
Buyers must also be careful, though, to compare offers by the net sale price. In your escalation clause, ask to see the best and highest offer.
If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.
23 episode
MP4•Beranda episode
Manage episode 186577082 series 1084028
Konten disediakan oleh JP Pirtle. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh JP Pirtle atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.
Because of the hot competition we’re seeing lately in the market, escalation clauses have become much more common.
Buying a Louisville home? Get a full Home Search
Selling your Louisville home? Get a free Home Value Report
Recently, we’ve been seeing a lot of escalation clauses in our market. But, what is in an escalation clause?
An escalation clause is a buyer’s best and final offer. People have been making these kinds of offers for years, but recently they have become a lot more important. This is largely thanks to our being in seller’s market where competition is hot.
Buyers right now don’t want to lose out on the right home, but they also don’t want to have to make excessively high offers.
“
”
Setting a limit will help ensure that a buyer doesn’t pay a ridiculous amount.
”
An escalation clause allows buyers to stipulate that they will pay up to a certain amount limit in order to beat out other offers. As an example, an escalation clause might state that a buyer will pay up to $1,000 over any other offer that is made.
This cap means that buyers don’t need to be as worried about overpaying. Setting a limit will help ensure that a buyer doesn’t pay a ridiculous amount.
Buyers must also be careful, though, to compare offers by the net sale price. In your escalation clause, ask to see the best and highest offer.
If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.
23 episode
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