To get sellers reconsider a potential buyer's pending offer? Of course, searchers probably would not do it unless they're certain of buyer competition, especially with broker listings. Anyone want to share a successful application of a conditional offer so sellers don't have to only respond with yes or no?
An escalation / escalator clause is a contract provision that allows for an automatic increase in the agreed-upon price offer. (Subject to other terms.)
See a competent lawyer if you’re considering something like it (conditional offers/contracts).
Lots of searchers lose opportunities to buyer competition.
Here are some tips to avoid or beat/best them: https://youtu.be/VxFZdPjmLMg
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