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Updated over 7 years ago, 07/31/2017

User Stats

24
Posts
2
Votes
Anna Stratton
  • Waynesville, NC
2
Votes |
24
Posts

need help with escalation clause in north carolina

Anna Stratton
  • Waynesville, NC
Posted

hello all.

I submitted a contract for my first ever deal. the buyer then said "highest and best tomorrow".  I ask my agent about an escalation clause and she said it was not supported by the real-estate commission and that the seller and buyer would not likely know what that was.  any ideas as to how to proceed? should I insist on putting the clause in (which is what I think I should do) and my agent should educate the others? should I just put in my best bid?  has anyone done this in north Carolina?  bid due by noon tomorrow

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