How Buyers Search: South Bethany, DE Agents Seize on New Trends
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- Written by Jimmie Bachand
Identifying the 3 Groups Who Remodel Their South Bethany, DE Homes
When it comes to identifying the most popular group in our area, topping the list has to be hardware store employees—at least for the South Bethany, DE homeowners wandering the aisles of a local hardware outlet, looking for help. As the chief do-it-yourselfer in any household will testify, this has always been true, but lately, the hardware store employees’ popularity has surged—right along with the amount of remodeling activity being pursued by South Bethany, DE homeowners.
It’s the same all across the nation if the comprehensive report just released by the folks at Bank of America is to be believed. We may not usually rely on bankers for motivational musings, but there was an interesting breakdown in the 23-page analysis: an attempt to group the homeowners’ differing motives for their remodeling activities. Bank of America reports that they fall into three groups:
New homeowners. By far the most numerous group is one you might expect: new homeowners. More than half (56% to be precise) of remodeling efforts are motivated by this common desire—to change the property just purchased to more precisely fit the new owners’ unique requirements (either that or just changing things a bit to make it truly their own).
Established homeowners. About a third (37%) of remodelers have lived “for a bit” in their houses but find themselves suddenly moved to embark on a remodel. The report doesn’t quantify whether this group has grown or dwindled lately, but it does seem likely that spending pandemic-spawned changes in the amount of time spent at home could well motivate some rejiggering of household spaces.
Sellers. A small percentage (7%) of remodeling is reported by those preparing to sell their homes. At first thought, you might think this would be a larger group, but it’s entirely possible that locally, for instance, the rise in South Bethany, DE property values has owners anticipating that their home will sell quickly without the need to make any substantial changes.
If the majority of local sellers agree, they will choose to save the time and expense of remodeling projects in order to take advantage of this summer’s seller’s market. For a precise review of the latest South Bethany, DE results and what you might expect should you decide to list, call me today! Call/Text me Russell Stucki at (302) 228-7871, email me at This email address is being protected from spambots. You need JavaScript enabled to view it., visit more listings at www.beachrealestatemarket.com.
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- Written by Jimmie Bachand
Top 4 Ways to Deal with Your Own South Bethany, DE Climate Change
Regardless of folks’ wider views on climate change, there is universal agreement when it comes to one change in South Bethany, DE’s climate: it’s going to get hotter. It’s one climate change that happens every summer.
For the moment, the experts who monitor patterns of energy usage aren’t making predictions about whether this summer will see local energy prices rising or falling (the Department of Energy will only venture that “prices change rapidly”). But the DoE is more enlightening about the cost of cooling. It’s bound to add significantly to most South Bethany, DE homeowners’ utility bills. If prices do, in fact, “change rapidly” in the wrong direction, the DoE’s tips for simple ways to cut energy usage will be timely. Here are their Top Four:
Deal with the windows. When the temperature rises, everyone automatically ducks away from windows that catch direct sunlight. Choose window treatments and coverings that save on electricity by letting some natural light inside while dramatically cutting heat (and the energy it takes to combat it).
Deal with the thermostat. If your existing thermostat is an old-fashioned model that only allows a single setting, change out to a programmable one that lets you program warmer temperatures when no one is home. In any case, resist the temptation to set the temperature very low to cool things down rapidly—it doesn’t work any faster but can wind up cooling excessively.
Deal with the Fans. Ceiling fans create a “wind chill” effect that lets people feel cooler without affecting temperature—so turn them off when nobody’s going to be around to benefit. And when you shower or take a bath, do use fans that vent to the outside—they lower temperature and humidity throughout much of the house.
Deal with A/C. For window and split AC units, keep the intake filters clear throughout the summer. For central A/Cs, vacuum the intake grids—and keep lamps or TVs that generate heat well away from the thermostat to prevent the system from running longer than necessary.
When the summer heat starts to sizzle, cooler heads will prevail for South Bethany, DE homeowners who are on top of their home’s climate change preparedness. And when it’s time to sell, the lower utility costs you can point to make an operating budget point, too. Call me for more preparedness ideas. Call/Text me Russell Stucki at (302) 228-7871, email me at This email address is being protected from spambots. You need JavaScript enabled to view it., visit more listings at www.beachrealestatemarket.com.
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- Written by Jimmie Bachand
Is CFPE a Proven (though Illogical) South Bethany, DE Listing Strategy?
South Bethany, DE real estate wisdom tends to agree with verities from other realms. When you consider the size of real estate transactions in general, it’s logical that it would be hard to keep any truly valuable observation secret for long.
Even so, there are exceptions to the rule. One of them is based on a complicating factor—namely, that when a perceptive move seems to be illogical (and therefore risky), people are slow to adopt it.
I call this the Chinese Finger Puzzle Exception. Remember that puzzle? Children love to spring it on their friends and siblings: it’s a simple-looking colorful woven straw tube you are told to stick your index fingers into, only to discover that no matter how hard you pull, your fingers are stuck inside. In fact, the harder you pull, the more stuck they get (children love this) until someone tells you the “puzzle’s” simple solution: push instead of pull. The tube relaxes; your fingers are freed.
When the solution is the opposite of what common sense tells you, that’s a CFPE.
The South Bethany, DE real estate CFPE that can work (but which also challenges logic) can be valuable for homeowners who are listing their property. It’s simply stated:
“Sometimes your property can sell for more by listing below its real value.”
That could sound ridiculous (and risky), but it can result in a big difference in the final sale price. The idea is simple enough: set a plausible but irresistible asking price designed to draw a crowd of buyers who will see the property’s true value and compete with one another to claim it.
It’s an invitation to a bidding competition—especially in a seller’s market.
Now, there’s no sure thing when you sell your house, but when you choose this illogical strategy, it’s encouraging to know that you are taking advantage of NAR studies which show as much as a ninefold increase in the percentage of potential buyers who will look at a property that’s listed under vs. over market value. Another study shows that a new listing’s first two weeks tend to be the most crucial. It follows that listing at this time—during the peak real estate selling season—is aimed at reaching the greatest number of house-hunters. Since a list-for-less approach is intended to attract a large crowd quickly, if ever it’s to be a valuable strategy, the time is now!
One prerequisite for this particular CFPE is that the South Bethany, DE property have undeniably attractive qualities. Another depends on the current state of the market. To explore this and other proven strategies for selling (and, BTW, buying!), I hope you’ll give me a call.
Call/Text me Russell Stucki at (302) 228-7871, email me at This email address is being protected from spambots. You need JavaScript enabled to view it., visit more listings at www.beachrealestatemarket.com.
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- Written by Jimmie Bachand
