What Is A Bully Offer?
Posted by Frank Polsinello on
At The Polsinello Team, we understand that navigating the world of real estate can be overwhelming, especially for those who are new to the industry. One term that you may have heard thrown around is "bully offer." In this article, we'll dive deep into what a bully offer is, how it works, and why it's important to understand if you're in the market for a new home.
What is a Bully Offer?
A bully offer, also known as a pre-emptive offer, is an offer made by a buyer to a seller before the seller's set offer date. Essentially, the buyer is trying to "bully" the seller into accepting their offer before any other offers are made. This can be a risky strategy for both the buyer and the seller, as it can potentially result in the property being sold for…
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