Episode Details
Back to EpisodesDishin' Dirt on Multiple Offers and Escalation Clauses with Gary Pickren
Description
Multiple offers is a great thing to get in real estate transaction when you are the seller. But as an agent do you understand the laws and ethical duties surrounding multiple offer situations? For example, are you required to disclose multiple offers to a potential buyer? Can you even disclose and what terms can you provide? In this podcast learn how you are to legally and ethically handle multiple offers. In addition, learn what an escalation clause is and how it is to be handled in a multiple offer situation. I will explain what an escalation clause is, how it works as well as any and all pitfalls associated with it.
Every agent should listen to this podcast before handling a multiple offer situation or if presented with an escalation clause. Of course, this podcast will also have Corona Crazy Closings and Gary's Good News Only!
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* Gary serves on the South Carolina Real Estate Commission as a Commissioner. The opinions expressed herein are his opinions and are not necessarily the opinions of the SC Real Estate Commission. This podcast is not to be considered legal advice. Please consult an attorney in your jurisdiction for applicable legal advice germane to your issue.
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Gary
* Gary serves on the South Carolina Real Estate Commission as a Commissioner. The opinions expressed herein are his opinions and are not necessarily the opinions of the SC Real Estate Commission. This podcast is not to be considered legal advice. Please consult an attorney in your area.