Contracts
A Vermont buyer who is in a multiple-offer situation may strengthen their offer by:
AReducing the earnest money deposit
BAdding an escalation clause that automatically increases the offer price above competing offers up to a maximum✓ Correct
CAdding more contingencies
DRequesting a longer inspection period
Explanation
An escalation clause automatically increases a buyer's offer price above competing offers by a specified amount, up to a stated maximum. Vermont agents use escalation clauses to help buyer clients compete in multiple-offer situations without requiring them to know competitors' exact offer amounts.
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