5 Minutes in Real Estate
5 Minutes in Real Estate
5 Minutes in Real Estate
In Cooling Housing Markets, ‘Bump Clauses’ Help Seal Win-Win Deals
12 minutes Posted Jul 6, 2018 at 2:33 pm.
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This article appeared in the Wall Street Journal on July 6, 2018. All author attributes belong to Robyn A. Friedman
The contingency-based clause coaxes some sellers by offering them the chance to continue marketing a property, while buyers are given time to sell existing homes

What to do when a home-seller gets an offer but holds out hope for something better?
Enter the bump clause.

A bump clause lets sellers enter into a contract with a buyer while still continuing …