Steve Waters

There's no tolls.

There's none of that.

no eating out.

So people's consumable savings have increased and now I think they're just ready to spend.

And with a bit of freedom on the East Coast of Australia anyway, it wouldn't surprise me if we see some pretty big inflation numbers over the next quarter because of that very fact that people have just gone out and spent, obviously with a few other overlaying factors as well.

Yeah, it's a good point.

And I'd probably preface it by saying that off market gets mixed up with pre-market.

And there's a very big difference.

What most people are referring to when they hear the off market opportunities is actually pre-market.

And the difference between the two is off market is when someone was never going to sell their property and it wasn't on the interweb in any way, shape or form, but you as a buyer have convinced them to sell for whatever reason.

That's off market.

Pre-market, which is

what 99% of people are referring to as off market is when the consumer or the purchaser gets first bite of the cherry before it becomes publicly aware.

And is it a great way to purchase property?

Do you get the bargain of a century?

Sometimes it's a good deal, but in today's market, the question is as a seller, why would you want to go pre-market?

Would you not want the whole world to know that you're for sale in such a hot market?

So the trick for me is to

distinguish what is opportunity versus beat up numbers and maybe an overlay of ego because I could potentially be getting a pre-market opportunity.

So it's always buyer beware, but all of it comes down to diligence, relationships, and just being the squeaky wheel.