A new survey of agents and brokers from the National Association of Realtors paints a mixed picture of preferences for green features in properties..
Most agents and brokers (69%) said that energy efficiency promotion in listings was very or somewhat valuable. However, only 21% of respondents said they had been directly involved with a green property, either on the buyer or seller side, in the past 12 months. Sixty-nine percent of respondents said they had not been directly involved with a green property in the past 12 months.
When a building had green certifications, such as LEED, Green Globes or the Living Building Challenge, 29% of respondents said they spent neither more nor less time on the market. Only 7% percent of respondents said buildings with green certifications spent a little less or much less time on the market.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
