How To Sell Your Home With A Solar System In The Austin Area

Posted by Eric Peterson on Wednesday, December 4th, 2019 at 11:34am.

Are you planning to sell a home with a solar system in the Austin area? Follow these tips to maximize the sales price for your home.

  1. Put Together A Package Of Information About Your Solar System

Think back to when you purchased your solar system. What information was important to you? Chances are the buyer of your home will want to know the same things.

When we are selling a home with a solar system we will put together a package of information including…

  • Original cost of the system
  • Age of the system
  • KW size and number of panels
  • Warranty
  • Current utility bills compared to before solar system
  • Is the system owned or leased

It is important to have this information in the document section of the MLS as well as at the property for buyers to review at a showing.

  1. Request An Appraiser With Energy Efficiency Experience And Provide The Additional Appraisal Addendum For Green Features

If the buyer of your home is obtaining a mortgage there will need to be an appraisal completed. The difference between an appraiser giving your home extra value may come down to which appraiser is selected by the mortgage company. When we sell your home we will want to request an appraiser with experience appraising homes with energy efficient upgrades.

We will also want to complete the Residential Green And Energy Efficient Addendum information for the appraiser. This is a form the appraisers can use to help justify additional value for your home.

  1. Find Recent Sales With A Solar System To Use As Comparable Properties

Appraisers are hesitant to give your home extra value because of your solar system. Appraisers are busy and may not have time to do sufficient research about your home and comparable sales. What we can do to help is to provide the appraiser with a list of recent sales of home with a solar system to justify the value of your home.

  1. Hold An Open House 

You may be surprised at how little the average home buyer knows about solar systems. The average Realtor also does not know much about systems including how they work and the value they can add to your home.

We can’t leave it up to the buyer’s agent to sell the benefits of your solar system. When we sell a home with a solar system it is important we hold an open house so we can explain in detail everything about your solar system and the energy savings.

  1. Hire An Experienced Listing Agent As Your Real Estate Broker

The average Realtor only sells about 1-2 homes per year and has probably has never sold a home with a solar system. To get the highest price it is important that you hire a Broker who understand solar systems and can enthusiastically sell your home.

Kopa Real Estate specialize in getting homes sold fast in the Austin area including Cedar Park, Leander, Round Rock, Georgetown, Pflugerville, Kyle and Buda areas. To contact us about selling your home with a solar system call 512-791-7473 or email eric@koparealestate.com.

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