AGP Executive Report
Last update: 3 hours agoBuyer Leverage: Sellers are getting creative as high mortgage rates and slower sales give buyers more negotiating power. More than 45% of September sales included concessions, with rate buydowns and closing-cost help among the options; 22% of sellers cut prices by Oct. 11. Selling Costs: Despite changes to how Realtors are paid, commissions and add-on fees remain a burden, prompting some sellers to negotiate lower listing fees or fewer services. Before You Close: Check for pest damage and get clear answers about solar contracts. One California buyer discovered a supposedly paid-off system came with a $240 monthly payment for 25 years; the seller offered a $15,000 credit. Home Values: Online estimates can mislead sellers because they may rely on outdated records, broad neighborhood comparisons and miss off-market sales. Get a local assessment before setting your asking price.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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