I had a recent seller who agreed to reductions only if they closed by a certain date, and any delay was a $1,000 reduction of closing cost assistance per day. 

UBS yesterday released their prediction that the economy will enter a mild recession, unemployment will increase by 1% and this will cause the FED to move quickly around March 2024 to cut rates to prop up the economy....

I would probably just consider it a value add and leave the value added in the property until a point in the future that appreciation or rate reduction (or combination of the two) justifies a refinance.  

Buyers agents probably not going anywhere soon, selling agents will see reduction in commission though.

Account ClosedI'm not seeing any obvious indicators that we are going to see a significant reduction of prices in San Diego.

Additionally, the enticing sales incentives provided by many builders, such as price reductions and mortgage rate buydowns, are steering prospective homebuyers towards considering new construction for their next home purchase.In the period spanning from September 2022 to August 2023, Pending Sales in the Charlotte region witnessed an overall decline of 20.8%.

I would check out one of the recent releases 153: HousingWire CEO: This Inventory Shortage Could Last Decades w/Clayton Collins as I think this episode would provide insight on what markets may see the biggest price reductions!

(over 1900 in a private Facebook Group called The Red Pill Investor) Every one of my techniques, and tactics have been reviewed by my brokers, and my attorney.  

If the reduction is close to what you are going to pay to turn the unit over in holding costs and renovation work, I'd let them stay at a reduce rate.

However, Prop 8 actually does allow for the temporary reduction of our property taxes during a downtown.