Friday, April 30, 2010

The Green MLS Tool Kit

An article in the April 21, 2010 edition of the Frederick News Post reports on “The Green MLS Tool Kit” initiative of the National Association of Realtors, which was a national collaboration on which I had the pleasure of participating.


To be sure, the extent to which the multitude of nationwide Multiple Listing Services (MLS) collect and report “green” home listing data will help home buyers make more informed and better choices among the listed homes they consider for purchase. As important, the recommended collection of home listing data facilitates easy recognition of green home features which will help appraisers—all of whom rely on MLS data as the basis for appraisals—more accurately quantify the additional value associated with incremental investments in “green” home features, particularly energy efficiency and a “green” home’s operating cost savings.

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