What is a pre-emptive offer?

We often get messages and inquiries about pre-emptive offers. Some ask how is it different from bully offers? To give you an idea of what it is, here’s our take on it.

Pre-emptive offer means a listing of a home/lot for sale, or commercial property, or whatever are holding offers. So, let’s say they listed on a Wednesday. A pre-emptive offer is an offer before that day or in this case, before Wednesday. Others may refer to it as a bully offer. So like a bully at school, they may want to get something ahead of others or in this case ahead of time.

As an example, if the owner is listing for $800,000 and they’re holding offers, a pre-emptive/ bully offer might offer $850,000 or $900,000 if they take it ahead of time as opposed to waiting for the actual presentation date.

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