Santa Barbara Realtor Offers Home Sellers Practical Pricing Strategies for Slow Real Estate Market

Santa Barbara, CA, April 24, 2008 --(PR.com)-- Understanding how to quickly sell a home in today’s slow Santa Barbara real estate market takes years of experience as well as a realistic plan. That’s why Santa Barbara realtor Timm Delaney offers sellers in the area great pricing strategies to help them more quickly sell their homes in today’s sluggish market.

“Selling a home is more then just putting a sign in your front yard and adding your property to the Santa Barbara MLS,” says Delaney, who has over 17 years experience as a Santa Barbara and Montecito real estate agent. “Its important that sellers understand that listing a property for sale requires thorough investigation into the sales prices of comparable properties in the area.”

Delaney suggests that sellers meet with respected and experienced realtors who have been through the ebbs and flows of the Santa Barbara real estate market before they settle on a list price for their property.

“We all want to make a huge profit on our homes when we sell them,” says Delaney. “But unfortunately, what we want and what we can get are two very different things. It doesn’t matter how much you paid for your home or how much you currently owe on your mortgage, your home price is determined by what buyers are willing to pay, not by what you’re hoping to sell it for.”

In addition, Delaney cautions sellers to be wary of any realtor who is willing to list a home for sale at a price that is not substantiated by comparables in the area. He suggests that sellers truly understand a realtors pricing strategy before they list their property for sale so that they can be more confident that their home is priced approximately for the market.

“If a realtor you are working with is not able to provide you with actual sales records from the past several weeks that show comparable homes in your neighborhood selling for the price you want to ask, don’t waste your time listing your home with the agent,” says Delaney Your Santa Barbara realtor should always have facts and data to back-up a list price. Otherwise your home will take months to sell and will cost you far more in carrying fees then you would have ever made in profit.”

For more information on pricing your home for sale in the current Santa Barbara real estate market, please visit www.timmdelaney.com or call Timm Delaney today at (805)895-1109.

###