Tomorrow Chicago’s multiple listing service, Midwest Real Estate Data, will release updated fields for green and energy efficient homes and buildings. This follows their release of Walkscore on listings last week. The updates put MRED at the forefront of GreenMLS design..again. MRED was an early adopter of GreenMLS in 2009. And this latest release incorporates the best of GreenMLS design today.
There are two big improvements in the latest release: options for existing homes and process steps that will vastly improve the quality of listing data for green homes. The new “Green Supporting Documents” field includes two choices exclusive to existing homes with energy efficiency remodeling, and six new choices that apply either to existing or new homes. MRED staff will also be instituting a new rule to improve data quality. Now if listing agents select a Green Supporting Documents option they will have to also attach a scanned copy of the document to the listing.
Home owners in Illinois with older homes have unprecedented resources for energy efficiency upgrades today, so the MRED improvements are extremely well-timed. For example MyHomeEQ is a new resource to determine the efficiency of your home and to highlight improvement options. MyHomeEQ feeds homeowners to Energy Impact Illinois which links the home improvement plan to local incentives and rebates, and qualified contractors who can do the work. Energy Impact Illinois participants have the option to receive an Illinois Home Performance with Energy Star completion certificate when work is complete. MyHomeEQ reports and Illinois Home Performance are both approved Green Supporting Documents for MRED.
Utility bills and transportation costs are a significant – and variable – part of any homeowner’s budget. MRED’s resources like Walkscore and searchable green/efficiency certificates empower home owners to make better choices before they buy their next home. An important step for today’s value-conscious buyers.