Green real estate has been one of the featured themes at this week’s RESNET 2016 Conference. As a rater, are you keeping up with these developments and the business opportunities they present for you?
In short, you should be making friends with appraisers and real estate agents. These players are key to mainstreaming the HERS Index, Home Energy Score, and green home certification systems that can help formally capture the value of green home upgrades.
At RESNET, Build It Green’s Deputy Executive Director Bruce Mast joined a panel of other national experts to discuss the opportunities in Realizing the Market Value for High Performance Homes. Other RESNET presentations focused on communicating HERS to appraisers and real estate agents, and expanding your business via the real estate market.
If you missed RESNET, get up to speed on the big-picture aspects of green real estate and “greening the MLS” initiatives with these two articles:
Below is a summary of the presentation Build It Green took part in at RESNET, Realizing the Market Value for High Performance Homes: Reports from the Field, with presenters Pamela Brookstein, Anthony Roy , Jeffrey Gephart, and Bruce Mast.
The energy efficiency components of a home are often invisible to the key parties involved in a home sale: buyer, broker, appraiser, and lender. Using Elevate Energy’s 7-Step Visible Value Blueprint as a framework, this session reviews recent progress in making energy efficiency features and their benefits visible throughout the entire real estate transaction chain.