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I'd be surprised if the valuer did not take this into account. We, as Buyers Agents have to take 7 major things into account when coming up with an estimated selling price, the 6th of which is: 6. Special conditions 1. The sale may be subject to particular circumstances, such as: a. Extended...

In my experience, they generally use a registered valuer to value the property as a means to set the reserve price for the auction. Hence their reluctance to drop the price on auction day, as they are often the attorney acting for the vendor in their state of incapacity or for the beneficiaries...