Last month Chicagoland's multiple listing service (MRED) rolled out v 2.0 of its green field design. The move makes MRED the largest MLS in the country to require third-party verification for green fields. Listing agents who which to promote green homes for sale can now flag them using the "Green Supporting Documents" field. Listings that use this optional field will be required to attach the corresponding support document. MRED staff will be checking to confirm compliance or will remove the checkbox after the allocated timeframe has passed.
Users have up to 14 options and can select up to three choices. Options include several new options which now address existing homes.
The idea behind the MRED design is that listing agents can flag a property as "green" by attaching one of the supporting docs. Then buyers can evaluate the details and determine if the home's green features suits their needs. For example, a family with allergy issues may not be as concerned about water-saving features.
What you won't find in MRED is a trending list of green checkboxes to select from. Like many GreenMLS design teams the group realized you either end up with too many green choices that overwhelm a listing sheet, or you end up focusing buyers and sellers on green strictly by what makes a more manageable, but partial list.
Whether the MLS in your area has green fields or not, in my work with Realtors, MLS operators, appraisers and home performance programs around the country, it seems that three is key to promoting a green home from sale to contract to closing today:
In Chicagoland you can expect green home listings to attach: Green Supporting Documents and/or the MLS Green Disclosure form and a sample utility bill. Green home buyers and appraisers will be quite happy with the improved information provided!