BMV sales themselves can set the tone of value, rendering the price paid the true value and not a discounted value. This concept is heightened when buying property from developers, particularly with regard to buying off plan.
With this in mind, in this video I consider whether it’s truly possible to buy a property at a discount from a developer, and why BMV as a strategy is flawed.
Here’s to successful property investing
Peter Jones B.Sc FRICS
Chartered Surveyor, author and property investor
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