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by rtpg
714 days ago
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Patrick's point about off-record transactions feels important here. Each on-record transaction leads to an opportunity for off-record transactions to be discovered! On-record ones are likely clean in some sense, whereas 10 years of no real estate on-record transations means nobody has looked. But to your point... the more people involved, the more moving parts involved. |
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On the other hand, I would expect both types to correlate with one-another, tied together by a shared factor of "activity level."