Business
Greetings and welcome to the Real Estate Entrepreneur Podcast; I am your host Peter Lorimer, former hit record producer, now the host of the show Stay Here on Netflix, and owner of LA’s most creative boutique real estate firm, PLG Estates. Keep losing out as a buyer agent? This week's podcast is focused dead centre on the relentless and swiftly moving real estate market. Well, I have a mind-blowing buyers agent tool, the escalation clause, which I used recently and beat out 26 other buyers on a glorious property here in good old Los Angeles. Grab a chair and tune in to this week's episode of The Real Estate Entrepreneur Podcast. Be sure to stay till the end as there is a nuanced secret twist to using the escalation clause at the end. Golden Nuggets from this episode: 03:39] “As a listing agent, I would write a counter offer changing some of the terms that I want.” [04:21] “So the escalation cause is the following, you need to sit with your buyer, and you need to find out how much headroom they have to go.” [06:33] “If you really want to make sure that you get it, you can do an escalation cause with no endpoint” Thanks for being herePL