HERE'S YOUR WEEKLY LISTING REVIEW FOR

4853 N Sherman Rd

Hi Tim & Billie,

Now that we are back on the market, I’ve been reviewing the 10+ points of feedback we received right before going under contract. The very clear consensus is the buyers absolutely love the lot, but the deferred maintenance (peeling paint, rotting window edges, and the garage) is a major hurdle. As we relaunch, we’ll update the marketing to better reflect the property’s true condition so expectations are set appropriately from the start. We’ll lean into the strengths of the property, especially the land, setting, and overall potential, while being more transparent about the home’s condition. This approach should position us to find a buyer who sees the long-term value around the $375K range.

As we move deeper into the spring market, the digital "traction" your home receives is a major leading indicator of our final result. According to a recent analysis, there are specific benchmarks we want to hit on Zillow to ensure a fast, top-dollar sale. Listings that attract 250 daily views, 5 daily saves, or 10 daily shares typically move to pending status within just one week. If we can push those numbers to 500 views or 10 saves per day, the likelihood of selling above the list price increases significantly. To help drive this interest, we are focusing on highlighting the modern features buyers crave right now—like outdoor living spaces or updated countertops—which can help a home stand out and command a premium. This digital strategy is more important than ever given the current economic backdrop. Locally in Spokane, the market remains active but steady, with homes currently going to pending in an average of 29 to 42 days. While some markets are seeing price softening, Spokane’s sale-to-list price ratio remains strong at 99.5%, showing that properly positioned homes are still holding their value. We are keeping a close eye on our daily engagement metrics to ensure we are hitting those "magic numbers" that lead to a successful spring sale.

– Haydn