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Solar Course in 2017
Solar panels have been getting a lot of press in the residential marketplace these days.  But it's also not uncommon to see solar panels on parking structures and commercial buildings.  For this very reason, the National Association of REALTOR®s will be introducing a solar course this year. 

Solar installations have reached epic proportions in the US.  According to Solar Industries Association Quarterly report, installations increased by 24% from Q1 2015 to Q1 2016!  That's  a HUGE increase. And there are no signs of it slowing down.  
 
As prices drop for solar panels, demand increases, so it's a safe bet that if you haven't seen a home with solar panels on it, you will.  And those same homes will eventually be listed for sale.  
 
Knowing how to sell homes with solar panels requires specific knowledge in order to gain value for homes with "owned" solar panels.  
Appraisers must be educated in order to understand that they need to use the "income approach" in order to gain value for the panels.  
 
According to the 2015 updated Fannie Mae guidelines, leased solar panels do not have value.  Still, there are nuances with this type of solar panel ... more

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