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What's R/M? IMO, polishing floorboards is one of the cheaper things you get the pros to do. If you've not done floors before, I wouldn't recommend you learn it here. Well done on picking up the adjacent blocks at what seems to be pretty good prices! Maybe the REA doesn't have a calculator...

Fighting for the 8.5% of, what? $200/$220 pw? LOL ;) Or will you negotiate them down to 5%? Good on you for having a crack!