Should I use an escalation clause to win a Kennesaw bidding war?

An escalation clause can help a buyer compete in a Kennesaw bidding war by automatically raising an offer above a competing bid up to a set ceiling, but it also reveals a buyer's maximum price to the seller once triggered. Whether it makes sense depends on how many other offers are actually in play and how firm a buyer's budget ceiling really is. Joel Boss recommends an escalation clause selectively for Kennesaw buyers rather than attaching one to every offer.