

5,053,249
I don't "do" anything...it's up to the seller to determine how to negotiate further with input from me. And it's impossible to generalize a response... every situation is unique.
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Tony and Suzanne Marri...
Scottsdale, AZ
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Dan Tabit
Sammamish, WA
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Ron and Alexandra Seigel
Carpinteria, CA
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Lyn Sims
Schaumburg, IL
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Lesley Wilson-VanGoethem
Winter Springs, FL
-
Richard Weeks
Dallas, TX
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Kathleen Daniels, Prob...
San Jose, CA
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Susie Kay
Plano, TX
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Anthony Acosta - ALLAT...
Atlanta, GA
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Michael Jacobs
Pasadena, CA
-
Candice A. Donofrio
Fort Mohave, AZ
5,094,414
You can't go back willy-nilly with full escalation price if you want to keep your license! The buyers can ask to see the Offer they were to 'beat' with their clause after the sale. You have to abide by the escalation clause. If they say they will got $1K above your highest bidder, then that's as high as your seller responds.
As well, it's really up to your Sellers as to whether or not they want to go back to the buyer with the EC, responding with the amount over your other highest bidder or ask the buyers to state a specific price.
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John Pusa
Glendale, CA
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Ron and Alexandra Seigel
Carpinteria, CA
-
Carol Williams
Wenatchee, WA
-
Lyn Sims
Schaumburg, IL
-
Bob Crane
Stevens Point, WI
-
Lesley Wilson-VanGoethem
Winter Springs, FL
-
Richard Weeks
Dallas, TX
-
Kathleen Daniels, Prob...
San Jose, CA
-
Susie Kay
Plano, TX
-
Anthony Acosta - ALLAT...
Atlanta, GA
4,504,904
Discuss with seller who has the ultimate decision. Why is this an anonymously asked question?
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Ron and Alexandra Seigel
Carpinteria, CA
-
Candice A. Donofrio
Fort Mohave, AZ
-
Richard Weeks
Dallas, TX
-
Kathleen Daniels, Prob...
San Jose, CA
-
Susie Kay
Plano, TX
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Anthony Acosta - ALLAT...
Atlanta, GA
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Debe Maxwell, CRS
Charlotte, NC
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Nina Hollander, Broker
Charlotte, NC
2,667,139
Present the offer to the Seller. Discuss their options. Let the Seller decide.
Remember that a counteroffer is a rejection.
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Debe Maxwell, CRS
Charlotte, NC
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Bob Crane
Stevens Point, WI
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Kathleen Daniels, Prob...
San Jose, CA
-
Susie Kay
Plano, TX
-
Candice A. Donofrio
Fort Mohave, AZ
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Nina Hollander, Broker
Charlotte, NC
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Michael Jacobs
Pasadena, CA
3,148,907
Seller's decision. I present offer and give them their options. I've had sellers reject escalation offers because of other terms. It's a seller decision, not an agent's.
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Kathleen Daniels, Prob...
San Jose, CA
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Anthony Acosta - ALLAT...
Atlanta, GA
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Debe Maxwell, CRS
Charlotte, NC
-
Candice A. Donofrio
Fort Mohave, AZ
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Nina Hollander, Broker
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
509,269
It's not up to the agent but it's the client's decision, but lay everything on the table so client knows his/her options and possibilities.
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Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Anthony Acosta - ALLAT...
Atlanta, GA
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Susie Kay
Plano, TX
2,219,204
I agree with Tammy Lankford, 150%
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Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Susie Kay
Plano, TX
-
Anthony Acosta - ALLAT...
Atlanta, GA
5,582,796
it's the decision of the seller.... give the seller the options and let the seller decide.... go back with exactly what the seller requests....
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Nina Hollander, Broker
Charlotte, NC
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Debe Maxwell, CRS
Charlotte, NC
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Michael Jacobs
Pasadena, CA
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Candice A. Donofrio
Fort Mohave, AZ
-
Kathleen Daniels, Prob...
San Jose, CA
1,488,222
Seller's decision obviously, but as to what I'd recommend really depends on the other offers.
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Debe Maxwell, CRS
Charlotte, NC
-
Lyn Sims
Schaumburg, IL
-
Michael Jacobs
Pasadena, CA
-
Candice A. Donofrio
Fort Mohave, AZ
-
Kathleen Daniels, Prob...
San Jose, CA
7,671,584
The home seller will make the decision. Follow the advice of your broker in these situations.
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Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Candice A. Donofrio
Fort Mohave, AZ
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Kathleen Daniels, Prob...
San Jose, CA
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Susie Kay
Plano, TX
1,711,751
I have never received an offer like this in 28 years.
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Nina Hollander, Broker
Charlotte, NC
-
Debe Maxwell, CRS
Charlotte, NC
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Michael Jacobs
Pasadena, CA
-
Kathleen Daniels, Prob...
San Jose, CA
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Fred Griffin Florida R...
Tallahassee, FL
1,496,034
Not enough info, seller's choice.
FYI: typically you can't max an esc. clse. They are always X above highest.
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Bob Crane
Stevens Point, WI
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Candice A. Donofrio
Fort Mohave, AZ
-
Kathleen Daniels, Prob...
San Jose, CA
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Debe Maxwell, CRS
Charlotte, NC
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Michael Jacobs
Pasadena, CA
1,029,206
What does your broker say--and what does your seller want?
This question needs to be posed to somebody with direct knowledge. The answers you'll get here will confuse at best and could even mislead.
I can however give you lucky lottery numbers. Just messing with you. 👿💰💰
Good luck though, this sounds like a pretty good problem to have, indeedie!
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Nina Hollander, Broker
Charlotte, NC
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Debe Maxwell, CRS
Charlotte, NC
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Lyn Sims
Schaumburg, IL
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Michael Jacobs
Pasadena, CA
-
Candice A. Donofrio
Fort Mohave, AZ
1,153,744
It's a matter of semantics at this point. Your Seller is the final word.
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Kathleen Daniels, Prob...
San Jose, CA
-
Susie Kay
Plano, TX
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Candice A. Donofrio
Fort Mohave, AZ
5,098,497
What does your seller want to do?
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Kathleen Daniels, Prob...
San Jose, CA
-
Susie Kay
Plano, TX
-
Michael Jacobs
Pasadena, CA
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Candice A. Donofrio
Fort Mohave, AZ
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Nina Hollander, Broker
Charlotte, NC
1,252,683
Is the escalation clause maximum the highest amount that you have received? Are the other terms of that offer attractive compared to other offers received? If so, I think that I would advise the seller to counter that buyer at that max figure. You could do the same to the other buyers at the figure despite having submitted their “highest and best” offers because they may be able to stretch a little more for their special house.
On the other hand, if you are seeking advice here that you are actually going to use in real life...maybe you need help from your broker, mentor or senior agent at your agency.
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Nina Hollander, Broker
Charlotte, NC
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Candice A. Donofrio
Fort Mohave, AZ
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Debe Maxwell, CRS
Charlotte, NC
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Bob Crane
Stevens Point, WI
687,776
We have had this scenario before and the escalation clause topped all other offers. It was the highest and best and our buyer got the home.
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Nina Hollander, Broker
Charlotte, NC
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Debe Maxwell, CRS
Charlotte, NC
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Bob Crane
Stevens Point, WI
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Michael Jacobs
Pasadena, CA
4,775,885
In Texas we are not allowed to use escalation clauses, so I would tell my client to speak to an a real estate attorney.
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Nina Hollander, Broker
Charlotte, NC
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Debe Maxwell, CRS
Charlotte, NC
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Michael Jacobs
Pasadena, CA
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Candice A. Donofrio
Fort Mohave, AZ
3,304,445
Talk to your broker. If you an agent in my brokerage I would want you to come to me anything you doubted what to do. Anything we do not know, that we are expected to know, needs our broker's input ... or in some cases, seek legal advice.
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Nina Hollander, Broker
Charlotte, NC
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Debe Maxwell, CRS
Charlotte, NC
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Michael Jacobs
Pasadena, CA
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Kathleen Daniels, Prob...
San Jose, CA
1,230,809
It was already posted by one of your classmates.
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Debe Maxwell, CRS
Charlotte, NC
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Michael Jacobs
Pasadena, CA
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Candice A. Donofrio
Fort Mohave, AZ
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Fred Griffin Florida R...
Tallahassee, FL
921,404
When a LISTING states, 'highest & best' the meaning of the term equals ZERO.
The concept behind Highest & Best should be shared with those known to be responsible with such information. Anonymous does not qualify as that person.
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Lyn Sims
Schaumburg, IL
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Michael Jacobs
Pasadena, CA
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Kathleen Daniels, Prob...
San Jose, CA
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Debe Maxwell, CRS
Charlotte, NC
1,828,735
Why would you work against your sellers best interests? Let them kill themselves beating each other!
Debe Maxwell I agree with.
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Nina Hollander, Broker
Charlotte, NC
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Candice A. Donofrio
Fort Mohave, AZ
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Debe Maxwell, CRS
Charlotte, NC
4,261,872
That’s not what our escalation clause says in the small print so I would not do that ...
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Nina Hollander, Broker
Charlotte, NC
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Debe Maxwell, CRS
Charlotte, NC
6,259,504
The escalation is what it is, as to how high it is will depend on the other offers on the table.
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Debe Maxwell, CRS
Charlotte, NC
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Bob Crane
Stevens Point, WI
2,070,209
1,598,402
Great answers are here. Good luck.
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Evelina Tsigelnitskaya
Sunny Isles Beach, FL
4,800,082
An offer with an escalation clause is not their highest and best. You and your sellers call as to how to handle this.
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Nina Hollander, Broker
Charlotte, NC
3,071,489
5,772,193
413,286
Is it the best offer...then go with it. Get their proof of funds/speak with their lender to insure they can purchase at the EC price and get the house sold.
In the end, it is up to the sellers to decide what they want to accept.
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Debe Maxwell, CRS
Charlotte, NC
3,986,184
It is not my decision only to present and explain what is not understood
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Nina Hollander, Broker
Charlotte, NC
4,067,811
5,813,588
4,319,119