MRED’s New Energy eCompliance Tool & Pledge Challenge

Did you know that by disclosing energy costs, homes sell more quickly and for more money than their counterparts?

A recent report from Elevate Energy found that homes that disclosed energy costs at the time of listing sold at a higher percentage rate of the asking price, and more quickly. The report also found that it didn’t matter if energy costs were low or high, just that they were disclosed. It seems home buyers like to have as much information that they can get their hands on prior to purchasing, which in turn prompts a more rapid sell! Read the full analysis here. To better assist REALTORS® in disclosing energy costs at the time of the listing, MRED has developed an Energy eCompliance tool that allows REALTORS® to automatically disclose these costs to buyers. It also helps REALTORS® comply with the City of Chicago’s 2013 energy cost disclosure ordinance. Take the $500 Pledge! Complete this form (it only takes 30 seconds) and say “YES, I accept the pledge” to disclose energy costs to my clients. If 250 C.A.R. members complete the form and state that they will use the tool, YPN will receive a $500 donation towards Chicagoland Habitat for Humanity! Use the Tool To utilize the tool for your listings, you can go through ConnectMLS. When you list a home with a Chicago zip code, you will see the energy fields pop up. Please note that you will need your clients utility account number to automatically retrieve the data.