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Updated almost 4 years ago on . Most recent reply
Escalation Clause -- Does Expired Competing Offer Count?
I am making an offer for a duplex in the state of Washington. I used an escalation clause and it's triggered. According to the contract, the listing agent is required to provide me with the highest competing offer in order to escalate the price; however, the competing offer he presented is an expired one (expired 2 days ago). Is that still valid? The house is located in King County, WA. Thank you a ton!
Most Popular Reply

@Sean Yang even though the offer expired, the listing agent is most likely in talk/negotiation with the buyer's agent that put in the offer. The expiration date of an offer can easily be crossed out and extended with the acceptance of both parties.