All posts by Gulf Administrator

What Is An Escalation Clause and Should I Use One?

In this tight sellers’ market, where every property listed receives multiple (and over-asking price) offers within hours, agents are looking for creative ways to make their buyers’ offers stand out. One method that has gained a lot of traction lately is the escalation clause. What is it? Simply put, an escalation clause is like putting… Read More »

Will it be ‘POOLMAGEDDON’ this summer?

The days are getting hotter, and that backyard pool is looking very inviting. But this year, keeping that Florida pool clean and sparkling this summer could become more challenging, as market forces have converged to reduce chlorine supplies and drive up prices. Last August, the factory that produces the majority of the nation’s chlorine tablets… Read More »

What Is An Appraisal Gap And How Does It Affect You?

What is an Appraisal Gap? If you’ve been searching for a home in this crazy real estate market then you’ve probably heard the term Appraisal Gap. The Appraisal Gap is the difference between the appraised value of your home and the contract sale price of the home. For instance, if you’re under contract to purchase… Read More »