Episode 2 of the Expert Busting Series examines the idea of buying under market value. We explain the difference between negotiating on price and buying below fair value, which is set by recent comparable sales and used by banks and valuers. We also show why the price you pay becomes the new market value, limiting the usefulness of so-called discounts. This episode covers: How advertised discounts differ from true value What we found when auditing “under market value” deals How discount-focused suburbs perform over time Why bargains usually appear in weaker markets What to prioritise for long-term results A practical, data-based look at one of the most common claims in property investing. Timestamps:00:00 Intro00:53 Defining terms02:59 Making a professional valuation04:21 Everyone has a bias05:13 Problem 01: True value07:19 Problem 02: New value11:01 Fails17:25 Discount vs growth18:41 Key points19:55 Analysis of discounts24:09 Distressed sale30:15 Conclusion ============================================================= 🎙️ Watch all Expert Busting episodes:https://www.youtube.com/playlist?list=PLWD8h9iMOyGg14F66DTdoZuS63mUJwJ82 📚 Read the full data-backed articles:https://suburbdata.com.au/education-expert-busting/ 🔎 Learn how to use Suburb Data to analyse property data:https://www.youtube.com/playlist?list=PLWD8h9iMOyGhDsFFEMdzP5fvfenYvbp0B ============================================================= Expert Busting Series:A data-driven investigation into property myths.We fact-check bold claims, expose misleading advice, and reveal what the numbers actually say.Evidence over confidence. Data over hype. #expertbustingseries #propertymyths #australianproperty #propertyinvesting #datadriveninvesting #suburbdata #DSR #propertytruths #realestateinvesting ============================================================= DISCLAIMER:Please be aware that the content presented in this video is for general informational purposes only and does not constitute financial advice. • The information provided is not tailored to your individual circumstances, and we do not consider your specific financial situation.• It is strongly recommended to consult with a qualified financial advisor or professional before making any financial decisions based on the content of this video, as we have neither offered nor provided legal, financial, or taxation advice to the Listener, Reader, or Viewer.• We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and are not authorised to provide financial services.• Any actions taken by viewers based on the information in this video are at their own risk.