What Is an Escalation Clause? How It Works and When to Use One in Real Estate
In today’s competitive real estate market, multiple-offer scenarios are becoming increasingly common. Buyers need strategies to stand out without overpaying, and one tool that can help is an escalation clause. This provision allows buyers to remain competitive while maintaining control over their bu
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Consumer Guide: Offers of Compensation
As a home seller, you have a wide range of choices when deciding how to market your property. This includes whether you’d like to offer—or authorize your agent to offer—compensation to a buyer’s agent as a way to attract potential buyers. Here’s what you need to know as you consider your options rel
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Closing Costs for Sellers: A Breakdown of How Much You’ll Pay
Closing costs aren’t just a buyer’s responsibility – sellers have their own expenses to consider as well. On average, sellers can expect to pay between 6% to 10% of the sale price in closing costs, including agent commissions, transfer taxes, and title fees. These expenses add up quickly and vary wi
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