What’s an Escalation Clause, and How Does It Work?

Escalation clause (or escalator clause) is a device that’s gained so much traction, the Boston Globe featured its pros and cons. What is an escalation clause? Simply put, an escalation clause says the buyer will pay a certain amount over another, competing offer. If structured smartly, an escalation clause can work favorably for both buyer and seller: […] Read More

Offer Deadlines: When and How?

An offer deadline can create urgency for buyers not to wait on submitting, which can be useful if you expect multiple offers quickly. (Let your realtor advise you on that likelihood.) This approach can establish order for the seller, as you can compare all offers at once and, if you choose, give them (or a […] Read More

How to Compare Multiple Offers

(Buyers: take note.) There are not enough homes coming to market in the Boston area to meet the intense buyer demand. As a result, it’s typical for sellers to receive multiple offers on their home—often within the first week and with an array of competitive terms. When reviewing them as the seller, it can seem like […] Read More