Sunan Ibn Majah, Hadith 2500 ⓘ
It was narrated from Ibn 'Umar that the Messenger of Allah said: “Preemption is like undoing the `Iqal.”
حَدَّثَنَا مُحَمَّدُ بْنُ بَشَّارٍ، حَدَّثَنَا مُحَمَّدُ بْنُ الْحَارِثِ، عَنْ مُحَمَّدِ بْنِ عَبْدِ الرَّحْمَنِ بْنِ الْبَيْلَمَانِيِّ، عَنْ أَبِيهِ، عَنِ ابْنِ عُمَرَ، قَالَ قَالَ رَسُولُ اللَّهِ صلى الله عليه وسلم " الشُّفْعَةُ كَحَلِّ الْعِقَالِ " .
also referenced under: Book 17, Hadith 2596 (In-Book) & Volume 3, Book 17, Hadith 2500 (DarusSalam)