Energy Efficiency Isn't a Craze, It's the Here and Now and Our Future

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Real Estate Agent with Value Added Service, 602-620-2699 SA5376460000
https://activerain.com/droplet/55rv

Lots of attention has been devoted lately to climate change, the science of climate change, and political pressure with the future of the EPA at risk.  Before you decide that this is a  political rant, read on.  

 

I'm excited to share news hot off the press from the National Association of REALTORS® May meeting.  Here's a cut and paste for clarity:

 

"Discussions about energy performance, climate change, sustainable communities, and a focus on environmental and building health, were prominent features during the May meetings," 

 

The article goes on to say that thanks to a "vocal membership" sustainability and issues surrounding that are gaining ground at NAR.  Specifically, NAR's Board passes an updated policy on climate change,

 

"It addresses creating resilient, sustainable buildings; reducing greenhouse gases and conserving energy; and encourages sustainable practices and energy efficiency through incentives like expedited permitting and tax benefits."

 

As  a NAR GREEN designee, I'm excited to see the changes that lie ahead for real estate agents.  The solar course is set to arrive next month, produced by the Green Resource Council (NAR) and Elevate Energy.  This online course will provide a wealth of information to assist real estate agents in understanding solar panels and how they relate to real estate.  

 

Respondents from a REALTOR® survey report that 43% of MLS's have green fields; 19% don't have green fields, and 38% don't know if they have green fields.   What does this say?  It says that realtors don't recognize green features/fields.  The need for education is HUGE. 

 

The survey reflects that no green features were in the homes.  The odds are that if the homes were newer than 2005 they most likely HAD green features, but realtors did not recognize that they existed.  A BIG PROBLEM for the industry.   If features aren't recognized, then it's possible that the features didn't receive value unless of course like kind properties were appraised. Remember, Energy Star was introduced as early as 1998in some markets.

 

Energy efficient homes are hitting the marketplace daily.  Every 3 years building codes are updated by the International Energy Conservation Code (IECC).  The most recent code update was 2015.  Cities and municipalities adopt these building codes  The codes are more and more energy efficient with each new code issue.  So this isn't a "local" thing.  It may be more prevalent in one marketplace over another, so ask your local builders what code they are using when you view homes.  

 

Energy efficiency isn't a craze.  It's the Here and Now and Our Future. 

The following are some of the survey results from February, 2017, distributed in May at the NAR Board meeting.  Of the 54,878 realtors posed, 5.2% or 2,867 responded for these results. 

 

Sustainable Report 2017

 

Consider that comfortable space might also include a home that does not have a hot room in an air conditioned space.  Proximity to grocery stores, etc. relates to Walk Score; windows & doors are/not energy efficient; utility costs relate to energy efficiency; commuting costs relate to walk score & urban sprawl; and renewable energy to solar panels.  Green Home Features Sustainability Report 2017

 

 

REALTOR Market Perception 2017

 

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Hank Hill 02/15/2019 06:58 AM
Topic:
Real Estate Market Trends
Location:
Arizona Maricopa County Scottsdale
Groups:
Posts to Localism
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Bananatude
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Tags:
energy efficiency
green homes
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green realtor in scottdale
green realtor in phoenix
iecc building codes

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Rainmaker
1,767,210
Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Hi Jan - you were in the forefront of this movement if I remember correctly. Using energy wisely and efficiently will become more and more important to us all as time goes by. We're seeing some exciting stuff.

Jun 26, 2017 10:00 PM #1
Rainmaker
977,560
Jan Green
Value Added Service, 602-620-2699 - Scottsdale, AZ
HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN

I guess you could say I started early (2008), but not as early as some Lottie Kendall .  Yes, you're right.  It is more and more important as time goes on.  You guys are ahead of us in many ways.  We'll catch up I hope!  Thank you for commenting!

Jun 26, 2017 10:16 PM #2
Rainmaker
4,956,557
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, Jan Green some builders in my area are beginning to focus on Green building... but many continue to be "old school" and their costs are most important to them, not the savings by the buyer....

Jun 27, 2017 03:32 AM #3
Rainmaker
2,519,617
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Energy conservations wasn't on my list when I bought my home.  But, that was back in the 1980s.  Shortly after I moved in, I noticed my energy bills were through the roof for heating and air.  I learned that I had no insulation in the walls, and very little in the attic.  I remedied that in a hurry.  I went on to install dual pane windows, and perform other energy saving maneuvers.

I have listed homes that had solar and were very energy efficient.  I sometimes recommend having a seller leave copies of their energy bills on the counter for perspective home buyers to view.

Jun 27, 2017 03:49 AM #4
Rainmaker
1,536,825
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

You are right, Jan Green and the more I see this trend, the more I have to embrace the concept, or choose a different profession.

Jun 27, 2017 03:56 AM #5
Ambassador
1,631,683
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

As someone was has paid utility bills on homes buit as early as 1910 I can stay they don't build them like they used to and thank goodness they don't. I like saving money.

Jun 27, 2017 05:48 AM #6
Ambassador
2,770,998
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Jan - You're right. Energy efficiency is the basis for some of the fastest growing sectors of our economy and it's not only going to be around for a long time - it's going to be a major factor in our lives.

Jun 27, 2017 08:52 AM #7
Rainmaker
977,560
Jan Green
Value Added Service, 602-620-2699 - Scottsdale, AZ
HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN

Too bad Barbara Todaro .  I'm hearing from production builders that the cost for them is typically 5% and that the rebates and incentives make it fairly simple.  Besides, they are creating their own competition.  We are #1 for market share in the US for production built energy efficient homes in AZ. You might find this interesting: 

https://www.energystar.gov/index.cfm?fuseaction=qhmi.showhomesmarketindex

 

Jun 27, 2017 11:00 AM #8
Rainmaker
977,560
Jan Green
Value Added Service, 602-620-2699 - Scottsdale, AZ
HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN

Very smart advice Myrl Jeffcoat !  You experienced energy efficiency first hand.  Kudos to you because you also lowered your carbon footprint at the same time as lowering your energy bills!  I understand completely  My "project house" is a 1979 block construction.  I've added everything but solar and just paid a $48 electric bill for May.   Last summer my highest bill was $94 in August for 1500 sq ft!

 

Jun 27, 2017 11:02 AM #9
Rainmaker
977,560
Jan Green
Value Added Service, 602-620-2699 - Scottsdale, AZ
HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN

So true Sandy Padula and Norm Padula, JD, GRI NMLS#1483386 .  We ALL have to be educated on this topic or lose business in the future to other, educated agents. 

Ditto on that Joe Pryor !  

Dick Greenberg     Yes it is a major factor as Energy Star is i limbo right now, and utility companies may sunset their incentives for energy audits.  As an Advisory Board member on 2 boards I hear this stuff and it's not good.  But the good news is, products are getting cheaper and cheaper!  Thank you for reading.  

Jun 27, 2017 11:05 AM #10
Ambassador
3,084,895
Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

I'd be really excited to take that course on solar.  It is not going away.

 

Jun 27, 2017 12:23 PM #11
Rainmaker
977,560
Jan Green
Value Added Service, 602-620-2699 - Scottsdale, AZ
HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN

Yes, the new solar course is a good one.  They review the methods to value solar, pvvalue.com; where to search for HERS ratings on homes on homes: 

http://www.resnet.us/public-access-to-resnet-national-registry

And much more.  It will be out next month, is online, and I believe is $69.  Good luck   Chris Ann Cleland 

Jun 27, 2017 05:32 PM #12
Rainmaker
1,292,799
Wayne and Jean Marie Zuhl
Samsel & Associates - Clark, NJ
The Last Names You'll Ever Need in Real Estate

Realtors, as well as the general public, all need to be educated on energy efficiency!

Jun 28, 2017 06:35 AM #13
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Jan Green

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