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Price Escalation Addendum to Agreement of Sale Pea Pennsylvania Parealtor  Form

Price Escalation Addendum to Agreement of Sale Pea Pennsylvania Parealtor Form

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hello I am Sandy magg your 2022 kcirar forums committee chair the forms committee along with KCRA our legal counsel have developed two new forms that are now available in the kcrer residential forms library due to our recent low inventory and high demand Market many real estate companies have been using their own versions of a purchase price escalation addendum or escalation clause and their brokerages appraisal contingency addendum with multiple versions of these two forms in use in the greater Kansas City region this requires Brokers and agents to understand the differences of each form to minimize confusion and create consistency the kcr forms committee developed these two new forms that could be used by all members of kcr and hopefully eliminate the use of the wide variety of broker-specific forms so the first form the purchase price escalation addendum can help a buyer make their very best effort to purchase a property in our competitive market and possibly without paying more tha

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