Escalation clauses are becoming more common in Saskatchewan residential real estate transactions, particularly where there are multiple offers.

But are they being used properly? What happens when the seller counters at a fixed price and removes the clause? Can competing offers be disclosed? Is the buyer actually bound to the increased price? And what should mortgage brokers and realtors be watching for?

This Lunch & Learn is designed for realtors, mortgage brokers, and industry partners who want a practical, plain-language overview of the risks, regulatory issues, and best practices surrounding escalation clauses in Saskatchewan residential real estate.

Topics include

• How escalation clauses are being used in practice
• Why the base purchase price matters
• Whether the clause is a price mechanism or an invitation to counter
• Confidentiality and privacy concerns with competing offers
• Financing and approval issues for mortgage brokers
• Practical tips for protecting clients and avoiding confusion