MONTECITOBESTBUYS.COM
Background
Mark and Sheela Hunt have successfully closed a combined, $250,000,000+ in transactions in the Montecito and Santa Barbara area, and have represented buyers and sellers on properties ranging from land value tear down homes, Oceanfront estates, fixer opportunities, condos, newly constructed homes, and arguably the best ocean front condo in Montecito's Bonnymede complex.
Mark comes from a family steeped in Santa Barbara history. His grandparents operated a successful and well respected, mom and pop Real Estate brokerage in Santa Barbara from the early 1960’s through the late 1980’s.
Goals
FOR BUYERS our goals are to help find the best deal for their purchasing dollar, to find that rarely available ocean view gem under $5,000,000, or that level acre fixer that nobody is noticing, and know the value it holds. We know what properties have passed the test of comparison in terms of value, location, quality, amenities, access, restrictions, upside and much more.
FOR SELLERS listing a property, our strategy is designed to help price their homes appropriately for a more likely, top dollar sale in an up or down market. Best chance is to sell in the first few weeks. If there is no demand for a month or more, it's likely it will not receive a full price offer, even in a hot market.
Process
Nearly every day Mark evaluates each listing that is publicly known in the Multiple Listing Service in Montecito. Throughout the month, the Montecito Best Buys website is updated several times to keep it fresh and to remove the pending properties and bring “day of” price reductions and new listings into the process. Mark takes time with each home and evaluates based on location, home & lot size, amenities, street, price, whether it’s new construction or lot value or somewhere in between, etc…, in an effort to determine “value”, when compared to itself… or its replacement cost and other factors, but also, when compared to other listings available at or near the same prices in Montecito.
Proof of Concept
Beginning in January of 2011, Mark began this evaluation and selection process. Each week, he picks his top properties and tracks them into escrow and through closing. During most years, the majority of all properties that actually sell have come from Mark's list of top picks. In fact, some months, his top picks have accounted for more than 90% of all homes sold in the area. This knowledge is very valuable to buyers looking to get a fair deal but not miss out on their dream home, and is also valuable to sellers who wish to sell their homes in either a strong or soft market by utilizing Mark's expertise in determining property values in the Montecito Real Estate market, week after week.
MONTECITOBESTBUYS.COM
