People are now realizing that some prices are just too low, and they want to do whatever it takes to get the property. I don’t think it is the right strategy to win the prize… if it really is a prize at all.
An escalation clause?
About Doug Francis
A Realtor specializing in unique and new homes around Vienna, Virginia, Doug started writing a first-hand blog about his everyday real estate experiences a decade ago. In-depth, helpful and fun has always been the objective. Outside real estate, he was profiled in a commercial for Verisign's "Where the World Clicks" global ad campaign, and was quoted in Money Magazine's Best Places to Live article on Vienna (#3!). He's a Boston University graduate who feels morning coffee is non-negotiable.
