🤯 Winning Bidding Wars: The TRUTH About Escalation Clauses! 🏡📈 Are you a homebuyer navigating a competitive market? You've heard about escalation clauses, but do you really know how they work – and if they're right for your offer? 🤔 This week on "Straight Talk with Rick and Meghan," we're breaking down everything you need to know about this powerful, yet often misunderstood, bidding strategy! We'll cover: What IS an Escalation Clause? (And how it works in practice!) The PROS: How it can help you win in a multiple-offer situation and potentially save you money. 💰 The CONS: The hidden risks, like revealing your top budget or facing appraisal gaps. 🚧 When to Use It (and When to AVOID It!): Strategic insights for competitive markets. Don't go into your next offer blind! Tune in for expert advice that could make or break your home purchase. 👇 Meghan Shigo, Realtor Century 21 Affiliated DRE 01243803 #meghanshigo #straighttalkwithrickandmeghan #escalation #homebuyingjourney #homeselling #realtors #realestate #anaheim #downtownanaheim