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What is a contract of sale? A legal document prepared in advance by the Seller (Vendor), usually prepared by their solicitor or conveyancer outli...
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How do I know if my agent has given me a reasonable appraisal on my home?

Firstly, ask them how they arrived at their opinion and what other homes, similar to yours, have sold nearby recently. If your agent can’t justify their estimate to you, they’ll never be able to justify it to a buyer. Do your research. Check other recent sold prices on the internet.
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