Appraisers and Realtors will advance their credibility and competency to better serve their clients with solar-powered homes. Newly constructed homes have been required to have solar as of 2020 and existing home installations remain on an ongoing upward trend. How much value does solar add? What is the most essential number we need related to valuation? While saving money is the primary motive for homeowners to invest in solar, CA building codes and energy policies are key market drivers as goals prioritize decarbonization; all-electric buildings powered by solar. Attendees will be better equipped to represent solar assets accurately in sales, competently determine value, and be credible guides for buyers and sellers.
Learning Objectives:
- Answer essential questions regarding the valuation of a solar system
- Identify components of solar systems
- Be aware of variations in utility rates and their impact on value
- Understand motives and market influencers of homeowner decisions
- Determine the value of solar PV systems: 3 appraisal approaches
- Accurately represent solar in listings including vital points to inform value
- Stakeholder’s shared pool of knowledge to support fair valuations
Target Audience:
Real Estate Appraisers, Agents, Lenders, Related Associates
Learning Level: Intermediate
*Course is designed for those familiar with valuation principles
Continuing Education Credits: 3 hours continuing ed. BREA, DRE, BOE
Visit https://ajo.earth/classes/ for more information.
