BCAP is proud to announce a new resource for REALTORS® developed by BCAP, the Appraisal Institute (AI) and the National Association of REALTORS (NAR). As homes are increasingly listed with energy efficient features in Multiple Listing Services (MLSs) around the country, it is important for real estate professionals to both understand the benefits of energy efficiency, and how to best communicate with clients about efficiency. When they understand the impact that efficiency upgrades can have on new or existing homes, real estate professionals can advise and refer clients to additional actions they can take to further improve home performance.
While location, design, and price are a home buyer’s main considerations, surveys show that buyers rank energy efficiency as one of the most desirable features, and importantly, when there is sufficient energy savings – one they’re willing to pay more for. One way to know that a home is built energy efficiently is to know which energy code it was built to.