29d ago (edited) in General discussion
The Truth About Selling Homes with Solar: A Guide for Realtors
Realtors, let’s address a growing challenge: misinformation about selling homes with solar.
Have you ever hesitated to list a solar-equipped home because you heard it complicates the sale? Do terms like “leased panels” or “PPA agreements” feel like red flags?
It’s time to bust the myths and empower you with facts. Solar-equipped homes are not a liability—they’re an opportunity.
Myth #1: Solar Panels Decrease Home Value
The Truth: Homes with owned solar systems often sell for more. Studies by the Lawrence Berkeley National Laboratory show that homes with owned solar systems sell for up to 4% more than similar homes without solar. Learn more about solar’s impact on home value
Myth #2: Leased Solar Systems Scare Buyers
The Truth: Buyers aren’t scared—they just need clarity. Leased systems or Power Purchase Agreements (PPAs) can be transferred to the new homeowner. The key is understanding the terms and explaining them to potential buyers. Read about transferring solar agreements
Myth #3: Solar Complicates Closings
The Truth: Proper preparation ensures smooth transactions. Closings only get complicated when the realtor isn’t informed. Ensure you gather the following:
- Documentation for the solar system (ownership or lease details).
- Warranty information.
- Recent electric bills showing energy savings.
- Increased Buyer Demand: Many buyers seek homes with solar due to energy savings and environmental benefits.
- Lower Utility Bills: Homes with solar stand out in the market, especially in regions with high electricity costs.
- Faster Sales: According to a National Renewable Energy Laboratory (NREL) study, homes with solar sell 20% faster than those without. Check out the NREL report
What Realtors Should Do
- Educate Yourself: Understand the difference between owned and leased systems, PPAs, and solar loan agreements.
- Market the Benefits: Highlight energy savings, increased home value, and environmental impact in your listings.
- Partner with Experts: Connect with solar consultants who can help answer buyer questions.
Still Have Questions?
Let’s turn solar into an asset, not a headache. Comment below or check out these resources:
- Guide to Selling a Home with Solar Panels (SolarReviews)
- Selling a Home with Leased Solar Panels (Zillow)
- The Realtor’s Guide to Solar (NAR)
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The Truth About Selling Homes with Solar: A Guide for Realtors
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