Carol Carnevale • DRE# 00946687 • 650.465.5958
Nicole Aron • DRE# 00952657 • 650.740.7954
In an earlier post we discussed multiple offers which are very common in our local market area, especially in Palo Alto. An aggressive buyer strategy is a “preemptive offer”. A preemptive offer is when a buyer writes an offer with the hope that it is enticing enough that the seller will forgo the possibility of entertaining multiple offers on a later date that has been established and communicated.
It is important for buyers to understand that even when sellers establish an offer date, the sellers may change their mind when an attractive offer is presented to them. When inquiring about an offer date on a property, seasoned buyers’ agents will also know to inquire about whether or not the seller will entertain a preemptive offer so that the buyers they are representing have complete information on which to base their decisions.