I am just pondering if the term "BMV" is D.E.A.D. ...?

It seems to me that it might be.  Why?  Because, in the current market conditions, no one knows the AMV (actual market value).  It is completely unquantifiable.  We can no longer use comparables, as these change on a weekly basis, the market is falling so rapidly.

Perhaps it is time to coin a new phrase?  I propose QoD.  The "quality of the deal". 

Everyone is buying at discounted prices (I even buy cars BMV but in that world it’s AMV or QoD).  Even  home owners (as opposed to investors) know that there are serious discounts to be had and are making silly offers.  By default, therefore, BMV is now AMV!.

Based on this, the emphasis of the deal should be on the QoD as in will it make money every month (MMeM) and is it what tenants want (WTW) based on their demographic.

Sorry if I am putting the cat among the BMV pigeons, but I believe I am making a valid point… either that or irony.

Irony:-

1: a pretense of ignorance and of willingness to learn from another assumed in order to make the other's false conceptions conspicuous by adroit questioning ―called also Socratic irony

2 a: the use of words to express something other than and especially the opposite of the literal meaning.

3: incongruity between the actual result of a sequence of events and the normal or expected result.

To conclude:- BMV is DEAD asap because it's not PC. What we need is QoD based on MMem and WTW ... now if people did this we would have no SFM's acting like SPO's and using NMD.

French Connection would say BMV is FCUKed!