Navigating Escalation Clauses: A 2025 Guide for Saskatchewan Buyers and Agents
Posted by Kent Braaten on
Navigating Escalation Clauses in Saskatchewan
As a real estate professional in Saskatchewan, it’s important to stay current on evolving best practices, especially when it comes to competitive offer strategies like escalation clauses.
An escalation clause allows a buyer to automatically increase their offer price if higher competing offers come in. While this strategy can help buyers remain competitive without initially overpaying, Saskatchewan’s Real Estate Act requires that every offer clearly state a specific purchase price — not just a vague "X dollars over another offer."
Key points from the latest guidance:
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Offers must have a clear purchase price even if an escalation clause is included.
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Escalation clauses are permitted but…
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