Podcasts about Escalation clause

“An escalation clause assumes that when the value you bring your client increases, your rates also increase.”A viewer writes, “Have you ever priced your engagements with an escalation clause that allows you to raise the price as the business grows, with your assistance, of course?”I love this question! An escalation clause is a sophisticated pricing strategy, so this is an advanced episode. I break down what an escalation clause is (and is not), why you want to use one, and how you present an escalation to clients. I also cover some frequently asked questions (so stay ‘til the end, for sure).If you've listened to Profitable Joyful Consulting before, you know I teach consultants to do value-based pricing, meaning we don't charge by the hour or by the project, but based on the value you bring your client. Similarly, an escalation clause assumes that when the value you bring increases, your rates also increase. It's an advanced strategy that requires you to have a track record of success, an incredible reputation, and the ability to be selective with your clients and to be able to communicate confidence in getting results. Are you ready to increase your revenue through an escalation clause?Discover how to incorporate escalation clauses in your business on this episode of Profitable Joyful Consulting on YouTube or your favorite podcast app.Related Episodes: ▶️ Pricing Your Consulting Services ▶️ Command Higher Prices ▶️ How to Increase Your Revenue and Value with These Powerful Questions If you're ready to unlock your full potential as a woman consultant, increase your profits, and experience the joy of a thriving consulting business, subscribe and turn on notifications. Join us for ideas and inspiration at Profitable Joyful Consulting. Your success story begins here.Download the free Definitive Guide to Winning 6-Figure Clients at 6FigureClients.com.

The Colorado Real Estate Podcast discusses what to do over a weekend in Colorado Springs, what an escalation clause and the best way to use an escalation clause, as well as a May 2024 Market Update for Colorado Springs Real Estate and a May 2024 Market Update for Denver Real Estate.  For more information visit us online at https://www.erinandjamesrealestate.com/

What is an escalation clause and how can investors utilize it? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Sarita Scherpereel, Sarita Sells ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Across the industry, homeowners, contractors, subcontractors, and suppliers alike have all experienced significant challenges related to the unprecedented increases in costs of raw materials. Lumber and steel represent two notable markets that have undergone seemingly uncontrollable price increases. Because both lumber, and steel form the bedrock upon which so much of our construction takes place, … + Read More The post Watch out for the Price Escalation Clause in Construction Contracts appeared first on TheLienZone Podcast.

Nick Casanova hosts another CASA Course providing Buyers & Sellers with the tools they need to become successful in the real estate market! In this episode, Nick breaks down what the Escalation Clause is, and how it can help a Buyer strengthen their offer while making sure they don't over pay! Grab your pen and paper—class is in session! Let's gooooooooooooooo!

Ramez Fahmy Branch manager and lender with Caliber Home Loans talks with Victoria Ray Henderson on Listen Up Homebuyers!:45 rates are going up as they did in 1992:1:05 the current rates are still historically low but not what we've been seeing during the pandemic1:47 Are we in a bubble or is the market going to crash?2:14 All clients today have been fully vetted not like in the past2:30 The movie the Big Short gives a good example of what happened before when the market bubble happened3:08 Some buyers are modifying their home search due to the interest rate increase3:39 Inflationary signs4:25 What are you comfortable qualifying for? What are you comfortable paying every month?6:19 Don't get caught up in the competitive market6:15 Escalation Clause explanation7:11 FOMA fear of missing out7:58 Waiving the appraisal? Explanation8:29 What if the appraisal comes in under the sales price?9:12 Ramez Fahmy explains how waiving contingencies need to be a decision made after consulting with your lender10:00 What does an appraiser do?10:41 The importance of choosing a lender who is communicative and local to the market11:48 What about online lenders?12:15 How quickly will your lender get you to settlement?13:00 Provide the lender with your documents14:00 Listing agents frequently call the lender to ask questions about the contract deadlines15:32 VA Loans16:04 VA financing has no maximum amount which means home purchases can be as high as the buyer can qualify for-zero down a 2 million dollar property17:34 The VA appraisersOn an FHA or conventional loans use local lender panelsVA has its own panel of appraisersMany of the VA appraisals are coming in the same amount of time as the conventional and FHA loans18:46 Change the hearts and minds of listing agents19:23 The VA funding fee21:00 People need to educate themselves on the loan process

In this week's episode, George answers a question from a home buyer who saw a 2 family house which had 5 kitchens and 5 electric meters. The question is, wouldn't that make it a legal 5 family? Find out in this episode. George then talks about escalation clauses and how they can be used in the Queens/NYC market when going for a competitive property. Then he talks about the new QHT listings on the market this week, and lastly he talks about the stock market, economy, mortgage rates, etc. Enjoy :) Information on Certificate of Occupancies: https://www1.nyc.gov/site/buildings/property-or-business-owner/certificate-of-occupancy.page More information on Escalation Clauses: https://myhome.freddiemac.com/blog/homeownership/20210707-offer-escalation-clause New Listings: Studio Coop in Kew Gardens - https://search.queenshometeam.com/idx/details/listing/b056/3379937/125-05-84th-Avenue-5H-Kew-Gardens-NY-11415 2 BR/2 BTH Coop in Harlem - https://search.queenshometeam.com/idx/details/listing/b056/3380292/102-Bradhurst-Avenue-710-New-York-NY-10039 2 BR/2 BTH House in Woodside - https://search.queenshometeam.com/idx/details/listing/b056/3381834/47-04-69th-Street-Woodside-NY-11377 3 Level 1 Family in Jackson Heights North - https://search.queenshometeam.com/idx/details/listing/b056/3381782/25-01-86th-Street-E-Elmhurst-NY-11369 Today's Rates: https://www.bankrate.com/mortgages/mortgage-rates/?cs=0&fico=740&loan=400000&market=2&perc=5&points=All&prods=1&propertyvalue=500000&type=newmortgage&zip=11370 --- Send in a voice message: https://anchor.fm/queenshometeam/message

The prices of material rise and fall based on demand. But with supply chain shortages, your builder may have the right to pass the increased cost onto you. Here's what you need to know about escalation clauses and how some builders don't actually have them.

These are crazy times. Almost every home we see coming onto the market here is getting multiple offers. Buyers and their agents are doing everything they can to get their offer moved to the top of the heap and one of those things are escalations. I'll explain what they do and why we don't like them.

In this episode, Ryan discusses why the market is never going back to normal and shares some insight with his audience on what he has observed over the past few weeks, months, and years pertaining to the real estate market in Omaha and all over the country. This is one you won't want to skip over! 

Does your construction contract protect you from price escalations? During these uncertain times, having an escalation clause in your construction contract is more critical than ever. Listen to this episode to learn what an escalation clause is and how it can protect you on your next job. Make sure to follow us on our dedicated construction … + Read More The post Should you have an escalation clause construction contract? appeared first on TheLienZone Podcast.

**WEBINAR:  Register Free: Probate Fast Track Webinar https://probatemastery.com/probate-fast-track-webinarEpisode 41 of Estate Professionals Mastermind - Live Probate Training with Certified Probate ExpertsFull show notes, time stamps, video stream, and resources: https://probatemastery.com/writing-an-escalation-clause-finding-sub2-deals-in-2022-and-beating-imposter-syndrome--live-probate-real-estate-coachingWatch this as a webinar on YouTube: https://youtu.be/Q8TNIm5tAB8Key Takeaway: You can use probate leads for long-distance real estate investing! 0:00 Dealing with imposter syndrome and getting focused in your probate business (Productivity and Growth)20:00 Why did you get started in probate real estate? (Personal Growth)21:52 How to find a land developer? (Building a Team)24:02 What to say when you can't answer a question (Real Estate Sales)29:36 Using real estate market predictions to handle price objections (Presenting Offers)30:56 Start long-distance real estate investing with probate deals (Remote Investing)32:17 Consumer behavior as an indicator: What a housing market “crash” could look like in 2022 (2022 Housing Market Predictions)36:35 How to find sub2 deals in 2022: List stacking in Propstream (Finding Motivated Sellers) 40:47 How to get your offer accepted on a house: How to write an escalation clause (Real Estate Escalation Clause Example)44:39 Shifting demographics: Who's moving? Who's buying the most real estate? (Housing Marketing 2022)Pre-Roll Information: Join our Facebook Group: Estate Professionals MastermindCheck out ProbateMastery.com for the probate certification course and more content.

Does your construction contract protect you from price escalations? During these uncertain times, having an escalation clause in your construction contract is more critical than ever. Listen to this episode to learn what an escalation clause is and how it can protect you on your next job. Make sure to follow us on our dedicated construction … + Read More The post Do you have an escalation clause construction contract? appeared first on TheLienZone Podcast.

Begins with a round-up of what's happening in markets-Andi DeFelice Savannah Georgia, Charlotte Lemon Charleston South Carolina, Rona Fischman Cambridge Massachusetts 4 Buyers Real Estate5:30 Silver Medaling- what is it and how does it help homebuyers?6:40 Charlotte Lemon talks about Charleston market the luxury market is experiencing competition much like the traditional home market7:50 EBA's are a team with our buyers and how we have a partnership with our buyer clients-genuine relationship with our clients8:36 Savannah Georgia home buyers who have to sell a house before they buy a house.9:34 having a home sale contingency when buying a home-strategies for homebuyers to make your offer stronger11.44 Rona talks about home sale contingencies and how they make it difficult for an offer to be accepted.Post occupancy agreement14:30 rental market is as challenging as the home sale market17:07 what is an escalation clause? And strategies on how to use it in a competitive situation20:00 we work for our buyers and we do what our buyers want us to do21:00 Rona talks strategy for homebuyers in a competitive market including the pre-contract home inspection22:25 rubber roof that was installed improperly and Rona talks about not waiving the home inspection24:00 buyer remorse is real and we work hard to avoid that with our buyers

In this episode Melissa Fradenburg, Financial Advisor, RJFS, and Shana Sine Cameron, Realtor® with Sine & Monaghan Realtors Real Living, discuss the current fast paced sellers-market and how you can increase the probability of having your offer accepted in a market where bidding wars have become common place. Shana Sine Cameron has over 25 years of experience in the Real Estate business, is consistently a top producer in the Grosse Pointe area and was awarded HOUR Detroit's Top 5% of Realtor® for 2020-2021. She knows a home sale is one of the most important financial transactions people make. You will learn:·       How did we end up in this current sellers-market?·       How an escalation clause in an offer works.·       Why an appraisal guarantee can help improve your chances of an accepted offer in this competitive market.·       Why you might not want to waive the home inspection.·       How do you know what items you can compromise on when it comes to your wish list?Resources:Find out more about Shana Sine Cameron.Follow Shana on Instagram.Watch the Holderness family video on the current market HERE.Read more about an Escalation Clause.Read about Shana in Hour Detroit. Pearl Planning is not affiliated with and does not endorse, authorize, or sponsor any of the listed websites or their respective sponsors. Pearl Planning is not responsible for the content of any website or the collection or use of information regarding any website's users and/or members. 

Kathy Helbig expertly explains the process, plus the ins and outs, of using an escalation cause when in competition. Best to call 314-276-SOLD (7653) and/or visit their site: https://experience-re.com/

Here's what you need to know about using an escalation clause. What is an escalation clause? It's crucial to know how the escalation clause works and that the real estate agent on the other side of the deal knows as well. We've run into that a bit, where the other agent didn't quite understand. If it's not presented well, it can work against you. “If you're committing to an escalation clause, you need to show proof of funds.” An escalation clause is an agreement to pay a certain amount more than the highest offer the seller has received. When writing an offer for a home that's likely to receive multiple offers, you can write into the offer that you'll pay $1,000 over any other offer, for example. You can also add in a cap so that you aren't agreeing to pay way over your budget.  If you're committing to an escalation clause, you need to show proof of funds, and you're also committing to paying the appraisal gap. You're probably going to end up paying well over appraised value and market value for that home. An escalation clause is essentially used to secure a property at all costs, and we're seeing many of them in this market. However, an escalation clause does no good if other contingencies aren't removed because your offer still won't be the strongest, so keep that in mind. If you have questions about escalation clauses or any other real estate matter, call or email us. We would love to help you.

Buying a new home? Get a full home search http://www.phoenixazrealestatesource.... Selling your home? Get a free Home Price Evaluation http://www.myhomevaluecalculator.com/ Kelly Cook, MBA Kelly Cook Real Estate Group, PC Keller Williams Arizona Realty 14201 N Hayden Rd, Ste C-4 Scottsdale, AZ 85260 480-442-9868 kelly@kellycookhomes.com kellycookhomes.com

Learn how real estate agents use a real estate escalation clause to write winning offers on homes that get accepted.   Subscribe for more real estate videos and real estate resources: http://bit.ly/2P70Avb Check out Brian’s online courses here: https://courses.therealestatetrainer.com/ For free materials, great educational resources and more information about our Coaching Programs, visit TheRealEstateTrainer.com. Where You Can Find Us: Website: https://www.therealestatetrainer.com/ Facebook: https://www.facebook.com/TheRETrainer/ Twitter: https://twitter.com/bicenhower YouTube: https://www.youtube.com/user/brianicenhower/ Pinterest: https://pinterest.com/realestatetrainericc/

On this podcast, episode 132, Adrian and Ariel discuss what an Escalation Clause does for homebuyers while also diving into the potential disadvantages they can bring when looking to buy a home. With the competitive real estate market, buyers always try to find a way to one up their competitors' offers. One of the ways they do this is by having an escalation clause in their contract. An escalation clause in a real estate contract basically states that “I will pay X price for a home , but if the seller receives another offer higher than mine, I’m willing to increase my offer to Y price.” This allows the buyer to always be one step ahead of their competition. For example, buyer 1 offer can be 900K + an escalation of 15K. If buyer 2 offers 1M , the escalation matches that and increases it 15K so buyer 1’s offer is now 1M (original offer) + 15K. The problem with the Escalation Clause is that it often puts distrust within the seller because all the money they are willing to spend is not being offered upfront. This leads some sellers outright declining any escalation clauses because they would simply want a proper submission of what a buyer is willing to spend. All of that and more on KT Confidential - Real Estate Podcast. **************************** Feeling tight on money? Want to save an extra $100 a month? Check out our tips on how to reduce your spending! Money Saving Tips Guide: http://kormendytrott.com/money-saving-tips/ Money Saving Apps: https://kormendytrott.com/top-apps-to-save-and-earn-money/ **************************** Catch clips and highlights of the show here: http://www.instagram.com/kormendytrott **************************** Our social: Instagram: http://www.instagram.com/kormendytrott YouTube: https://www.youtube.com/user/kormendytrott Facebook: http://www.facebook.com/kormendytrott Twitter: http://www.twitter.com/KormendyTrott Soundcloud: http://www.soundcloud.com/ktrealty LinkedIn: https://ca.linkedin.com/company/the-k... Pinterest: https://www.pinterest.ca/KormendyTrott TikTok: https://www.tiktok.com/@kormendytrott?lang=en **************************** Check out our teams social: Adrian Trott - https://instagram.com/adriantrott?igshid=18kslmk0i2wfu Ariel Kormendy - https://instagram.com/arielkormendy?igshid=b7w4whjxdmhl Steve Bruman - https://instagram.com/stevebruman?igshid=1xotcg46zw1gx Chris Behie - https://instagram.com/cbehie?igshid=16au6wqst1bqq Jennifer Singh - https://instagram.com/jennys_here?igshid=g1b3dw6y1yp6 Steve Cecchetto - https://instagram.com/stevececchetto?igshid=l4hic3nku2xb Joanna Venditti - https://instagram.com/nestingstory?igshid=1k50dl3be8y65 Vishal Kapoor - https://www.instagram.com/vishforyourhome/?igshid=y3cr57ylfbst Robin Dasilva - https://www.instagram.com/robin.dasilva22/?igshid=tkcjfqzgv1iw Leni Klippenstein - https://www.instagram.com/leni_yang/?igshid=1wlqns04c5n02 **************************** The founders, Ariel Kormendy and Adrian Trott, started The Kormendy Trott Team, a real estate team based out of Halton region in Ontario, after both being in need of a change from their successful careers in the automotive industry and both experiencing the lack of service being provided in the real estate industry. They kicked off their careers in 2011 and quickly became a top-performing team in the country, ranking 17th of approximately 200 for Century 21 in 2017; as a team of just the two of them compared to much larger teams. They decided that they needed to take their team from being real estate agents in Milton to the rest of the GTA and beyond by expanding and servicing more areas. The team has since grown to have an administrative arm, media department and successful sales team operating a smooth running and successful business. Follow them on social for behind the scenes info, real estate tips, industry secrets and more.

Today we're talking about escalation clauses! The pros, the cons, when to use them as a buyer and what common mistakes I see when representing sellers... it's going to be an informative episode, we hope you tune in!Listen on your favorite podcast app or on our website at: https://www.thesolomongroupwi.com/about/the-real-podcast/

This week's episode is all about escalation clauses and how to use them or not when dealing with multiple offer situations. Laura gives some really great advice on how and when to use this tool and when to steer clear. Tune in for the full episode and ways to navigate this crazy market! As always follow Music City Experts on all socials (@musiccityexperts) and for all of our Apple Podcasts folks please leave a five star review! 

Too many people give up way too easily. If you want to thrive in the world and make a difference, you have to push through. You have to persevere in your ventures. That's going to mean tough times, but the end result is worth it. Jason Hartman delves into that in today's intro, as well as explaining why builders are having to trigger the Escalation Clause in their contracts with buyers in today's environment. Then Jason talks with Stephen Leeb, author of the new book China's Rise and the New Age of Gold, as well as The Coming Economic Collapse, about why commodities are in such demand and what that means for investors moving forward. The two also examine how we're going to get 6.5 BILLION people into the middle class. Key Takeaways: [3:19] Too many people give up too easily [7:19] How the cost of lumber is impacting builders and sales contracts [14:00] The reserve currency status of the USA Stephen Leeb Interview: [19:49] The world is at a turning point [27:32] Real, physical assets are in short supply and GREAT demand in today's environment [33:44] Gold has outperformed the S&P by 100% in the last 20 years Websites: www.JasonHartman.com/Fund www.StephenLeeb.com

In this week's episode, we are covering how you should be utilizing an escalation clause. We break down why escalation clauses can be beneficial, when you should be using one, and what you should be careful of when deciding to use one. 

In this episode, Ryan discusses the drastic changes taking place in the real estate market and industry. If you are not willing to pivot and change with the market and have an agent that is knowledgable and experienced, it will be difficult to buy a home and sell a home for top dollar. 

Escalation clause is the advanced tactic to save a lot of money when buying a home getting a house or condo at the lowest possible price audio podcast by coreychambers Los Angeles

Greetings and welcome to the Real Estate Entrepreneur Podcast; I am your host Peter Lorimer, former hit record producer, now the host of the show Stay Here on Netflix, and owner of LA’s most creative boutique real estate firm, PLG Estates. Keep losing out as a buyer agent? This week's podcast is focused dead centre on the relentless and swiftly moving real estate market. Well, I have a mind-blowing buyers agent tool, the escalation clause, which I used recently and beat out 26 other buyers on a glorious property here in good old Los Angeles. Grab a chair and tune in to this week's episode of The Real Estate Entrepreneur Podcast. Be sure to stay till the end as there is a nuanced secret twist to using the escalation clause at the end.   Golden Nuggets from this episode:   03:39] “As a listing agent, I would write a counter offer changing some of  the terms that I want.” [04:21] “So the escalation cause is the following, you need to sit with your buyer, and you need to find out how much headroom they have to go.” [06:33] “If you really want to make sure that you get it, you can do an escalation cause with no endpoint”   Thanks for being herePL

1) Get Pre-Approved for a Home Loan 2) Get a Great Real Estate Agent 3) Write an Offer Letter Catered to Each Home Seller 4) Make an Offer in Cash if You Can in a Seller’s Market 5) Put More Earnest Money Down 6) Add an Escalation Clause 7) Waive Extra Contingencies 8) Don’t Restrict the Sellers to a Timeline 9) Be willing to make concessions during negotiations https://www.redfin.com/blog/buying-in... NEED HELP STARTING YOUR OWN PODCAST? www.BusinessBros.biz/setup or text PODCAST to 31996 Business Bros Merchandise: https://teespring.com/stores/businessbros Contact James for all your Insurance needs 619-884-0045 or James@SiasFirst.com OR CLICK ON THE LINK BELOW!!! GET A HOME OWNERS POLICY FAST!! www.businessbros.biz/homeowner JOIN THE BUSINESS BROS NETWORK www.businessbros.biz Want to be on an episode of Business Bros the #1 Podcast in San Diego? Call 619-884-4915 or Send us an email BusinessBros@SiasFirst.com so we can get in touch with you ASAP. Join the conversation or catch the podcast live on our social media feeds @BusinessBrosPod Facebook, Instagram and Twitter. You can listen to past episodes on our website www.SiasFirst.com. www.bensound.com

In Colorado, I know we don’t typically use attorneys to draft these legal contracts. Real estate agents are licensed to fill out the forms the state gives them to complete the legal contracts for buyers and sellers. What are some Confusing Clauses you see that home sellers should watch out for in selling homes?●These contracts were designed to make sense to buyers and sellers and be completely understandable:●Real estate agents are NOT supposed to Make Up language that could be considered ‘practicing law without a law license’. ●Yet, it happens all the time.○Some of their brokers ask their agents to include, as part of the contracts they are writing, their company-specific addendums which alter the meaning of the contract…most often… in favor of their client○Technically, if we have our clients sign ANY, non- State Approved company specific addendums, we MUST hire an attorney to explain them to our clients. ●It’s just not very practical if you have 8 buyers waiting to hear an answer on their offers – to go hire an attorney, during business hours to review addendums.○Many offers get submitted and are expecting a response AFTER Business Hours.○But, if the client wants attorney services, we would simply slow things down and let them hire that attorney.○Most real estate contracts get done without real estate attorneys.○It seems to me, that real estate attorneys get involved when agents mess them up with stuff like this.●We typically advise our clients NOT to sign any boutique addendums created by other Real Estate company’s lawyers for that reason●I see phrases in the contracts almost on a daily basis that could put the seller into future legal jeopardy if they are not careful about counter off any ‘mysterious’ language in the contract. ○The best way to explain this is give you some of my favorite examples:■Paragraph 10.6.1.2: If in sellers possession seller to deliver copies of:■Anything that:●Any other documentation and/or disclosures in the seller's possession that could affect the future value of the property and/or the buyer`s ownership and/or use of the property.■My personal favorite:●Any negative condition(s) in the neighborhood or of a neighbor which may not be apparent to a Buyer but may affect values of real estate.What are some other issues you see out there that cause confusion?●a. Escalation Clauses!●b. Let’s define that.○Let’s say there are multiple offers coming in on a home○Multiple Offers Happen often now○Agents use an Escalation Clause to pay a little over the highest offer up to their max:■Example:●Buyer A: Offer $500K, but willing to pay $2000 over highest offer up to a max of $520K●Buyer B: Offer $495K, but willing to pay $1000 over highest offer up to a max of $520K●Which is the best offer?●These are VERY Confusing to a seller because it puts in doubt 2 things:○How Much Their Best Offer Really Is○Which one of the Two Prices They Will Pay○Seller has to send a Counter Proposal and hope the buyer accepts at the higher number●With many sellers, if they confused they will not act or even counter the buyer that confuses them.●It’s a great position to be in….choosing the best offer. ●My Next Favorite is the Wording on an Escalation Clause:○This: ■Parties further agree that if the property does not appraise for the agreed upon sales price, the Buyers will pay up to $15,000 over the appraised value.○Or This?■Appraisal Gap: In the event that the appraised value is less than the Purchase Price, the Buyer will pay the differential in cash, which Buyer represents Buyer has readily av

With limited inventory due to current market conditions we are seeing a dramatic rise in the use of escalation clauses. This in turn brings about a number of issues that we are beginning to see and the questions that people have with these clauses. We talked about escalation clauses in Episode 17, and in light of this new information, we revisit escalation clauses this week.

What is an escalation clause? And how can it help you secure a home in this competitive market? Becky Jensen, with Tollstrup Group, discusses this useful tool and how it can give buyers an edge on properties with multiple offers. The post Becky Jensen | Escalation Clause appeared first on Utah Real Estate Podcast.

Why Hedging an Offer in a Bidding War is a Bad IdeaQ. What do you mean by Hedging an Offer?o We cannot keep up with the inventory below $400,000o Many agents who put in offers knowing they face a bidding war will use a tactic called an Escalation clause – § I’ll pay $1000 over the highest offer up to X”§ The idea is that the strategy ‘saves’ the buyer money so they don’t have to pay the MAX price they are willing to pay.Q. Why these Hedge offers or you call Escalation Clauses are a bad ideao Several reasons – let me give an exampleo It puts doubt into the seller’s mind that the buyer is willing to pay that priceo Its contingent on the behavior of someone else’s offer – which the agents do not knowo Often buyers will bid a peak price that is above what an appraiser would approve – causing potential contract failures when the appraisal comes in low.Q. We are here talking with Barb Schlinker of Your Home Sold Guaranteed Realty, you can reach Barb at 719 301 3900 or visit http://www.BarbHasTheBuyers.com. Q. Barb: I know you have handled the sale of many homes that foreclosed, what do they do in this situation?· Yes, we have handled hundreds of them.· They do not accept these escalation clauses that are contingent on someone else’s offer up to X.· Typically when they receive multiple offers, they give an offer deadline of another day or two for the buyer to bring their ‘Best and Highest Offer” Q. What are some offer clauses that win bidding wars?· #1 would be for the buyer to make their best offer· If they have some extra cash – offer an appraisal guaranteedo One recent sale which we received multiple offers had several offers that used an Escalation Clause. That meant to the seller one of the offers could not be accepted as written and needed write a counter proposal to lock in the price. That puts the deal in doubt for the seller. That home sold for $10,000 over asking price. Q. How do people thinking of buying a home get in touch with you?· Call our office at 719 301 3900· http://www.BarbHasTheBuyers.com· To Get Insider Access to Not found on Zillow or other websites:o Private Facebook Page: Coming Soon Colorado Springs Offered by: Barb Schlinker of Your Home Sold Guaranteed Realty Colorado7660 Goddard Street Suite 213, Colorado Springs, CO 80920Search: Barb Schlinker Real Estate for more information

On today's episode we talk all about The Escalation Clause. A clause in your home offer that allows you to automatically offer more money if someone comes in at the same price.  Learn how it can win you that home and save you money.

As a Seller, the best scenario is when you get multiple offers competing with each other for your home.  Sometimes, one or more of the offers may have what is called an Escalation Clause. In this episode, The Insiders explain the Escalation Clause and discuss how best to evaluate these offers and construct your strategy and your Seller response to these types of offers.  

An escalation clause might be just what you need to get the home you want in our market. Here’s why.Looking to buy a Home in Northeast Ohio? Search all Northeast Ohio homes for sale.Selling Your Home in Northeast Ohio? Use our home evaluation tool.If you haven’t had much luck getting offers accepted in our market, I recommend using a tactic the agents on our team are implementing with our buyer clients: an escalation clause. How does it work? Let’s say you enter into a multiple offer situation and the listing agent tells you to make your highest and best offer, but you’re hesitant because you have no way of knowing if that offer will be high enough. “The escalation clause is a unique proposition, but it might be just what you need to get the home you want. ”An escalation clause guarantees that you’ll offer more than the next highest bid up to a certain amount. If the house is listed for $170,099 and you’re willing to pay as much as $185,000 for it, your escalation clause will state that you’re willing to pay $1,000 more than the next highest verifiable offer. If another buyer makes an offer of $183,000 with no closing costs, your offer would automatically reset to $184,000. The escalation clause is a unique proposition, but it might be just what you need to get the home you want. If you have any more questions about how an escalation clause works or you have any other real estate needs, don’t hesitate to reach out to me. I’d be happy to help you.

Thanks for Subscribing NewTimers! I know on the last episode there was some interference with the sound quality during our interview, so with Part 2, in order to make sure it was as clear as possible so that you can take great notes, I've broken down each part of the episode minute by minute. To scroll to each of the Tips from Taylor, see the description below: 1:00: Intro the Interview1:45 Taylor talks the biggest key to Negotiating in any deal2:10 Taylor teaches us the "Platinum Rule." 3:45 How to use questions to your benefit4:00 How to Listen4:20 The Escalation Clause and Knowing When to Show your Cards6:00 Communicating with the other agent, and Appraisal's8:00 How to win a Cancellation8:30 Earnest Money and Cash BenefitsFor more info. and a re-cap of today's episode visit: Https://NewTimersRealEstate.comYou can contact me there, and don't forget to Subscribe, Rate, and Review wherever you listen to NewTimers!

Thanks for Subscribing NewTimers! I know on the last episode there was some interference with the sound quality during our interview, so with Part 2, in order to make sure it was as clear as possible so that you can take great notes, I've broken down each part of the episode minute by minute. To scroll to each of the Tips from Taylor, see the description below: 1:00: Intro the Interview1:45 Taylor talks the biggest key to Negotiating in any deal2:10 Taylor teaches us the "Platinum Rule." 3:45 How to use questions to your benefit4:00 How to Listen4:20 The Escalation Clause and Knowing When to Show your Cards6:00 Communicating with the other agent, and Appraisal's8:00 How to win a Cancellation8:30 Earnest Money and Cash BenefitsFor more info. and a re-cap of today's episode visit: Https://NewTimersRealEstate.comYou can contact me there, and don't forget to Subscribe, Rate, and Review wherever you listen to NewTimers!

Topics Covered; 1. Preapproval vs Pre-underwritten 2. Tips on offer contingencies 3. Escalation Clause

If you are buying a home and you want to be the homeowner you need to make sure your real estate agent knows how to properly negotiate and contract so it puts you in the best position to get the home. Even if it’s a multiple buyer (bid) situation. In this episode of the How to Buy a Series, I will explain the 4 essential tips when negotiating a purchase contract.Here are the 4 key points when negotiating a real estate purchase contract:1. Make sure your Tampa real estate agent presents your offer and talks to the listing agent. In my 20 years, only about 40% of real estate agents present offers – 60% just send them via email.If you are in a multiple offer situation your real estate agent needs to also do the following:2. Write an Escalation Clause in the purchase contract.3. Have your lender (if you are getting a loan) call the listing agent and tell them how qualified you are.4. Write a heartfelt letter to the homeowner telling them how much you love their home. Sellers LOVE this.Lance Mohr Mohr Realty Group at Keller Williams813-317-4009http://www.tampa2enjoy.comhttps://youtube.com/tampa2enjoy

.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } There are many great Charleston area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home,click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (843) 972-3833 for a FREE home buying or selling consultation to answer any of your real estate questions. Charleston is one of the hottest real estate markets in the nation, and we're seeing a lot of multiple offer situations here because of that. If you're a buyer in a multiple offer situation, you really need to take a step back and evaluate if the home is right for you and whether it's worth fighting for. If you decide to go through and try to purchase the home, there are a few things that we'll do with you.Ask questions: We need to know how much you're willing to spend on a home, and what else we can negotiate. Price is not always the top factor for a seller; sometimes they just need to sell the home quickly and without contingencies. Find the seller's motivation: We try to pinpoint the seller's motivation, because this allows us to make the strongest and most appealing offer on your behalf. We've won homes without offering the highest price because we've understood the motivations of the seller.Escalation Clause: We can write into a contract that you're willing to offer (for example) $300,000 on a home and you'll offer $1,000 more than every offer until the price surpasses $320,000 (or whichever number you choose). This way, we can offer the most amount of money, yet you can control how much you're paying for a home. Hopefully this information can be useful to you if you find yourself in a multiple offer situation in Charleston. Please don't hesitate to contact me if you have any questions or concerns about this information. I'm always here to help you!