Why purchase price disclosure kills BMV valuations

追加: 2026-05-25

[00:00:00]You want a true market value valuation, not one influenced by your purchase price. That means the vendor doesn't disclose the price, the estate agent doesn't disclose the price, the lender disclose the price to the valuer, okay?

[00:00:12]Because the moment a valuer hears, "Oh, this sold for 150,000."

[00:00:16]That creates an anchor. And psychologically, it's very difficult to move away from that, even if the true value is higher, okay? Your job is to support the case, and that means strong comparable evidence, a clear explanation for the discount, and confidence in your numbers. Because when everything aligned, you give yourself the best possible chance to achieving that valuation. But if you don't control the process, you leave it to chance, okay?