Derek English: Thinking “Green” All Year Long

Wednesday, May 4, 2022 - by Derek English, president, Greater Chattanooga Realtors

While another Earth Day has come and gone, it’s important to remember being good to the environment and embracing sustainability is more than an annual one-day acknowledgment – it should be top of mind daily. It’s a way of life and has a significant impact on the real estate industry.
 
From Leadership in Energy and Environmental Design (LEED) buildings to green homes, Realtors play a crucial role in sustainability efforts. And we’re driving major initiatives that engage our membership at local, state, and national levels to embrace sustainability conversations.

As a result, realtors take the environment seriously, and research is showing that more and more homeowners are looking for ways for their property can be energy efficient. 
 
A recent survey by the National Association of Realtors (NAR), the 2022 Realtors and Sustainability Report-Residential, shows that buyers are increasingly searching for homes that have increased energy performance and provide a healthier, more comfortable living space. Some of the highlights of the report include: 

• Half of the realtors surveyed have recently helped clients buy or sell a home with green features, up from 32 percent from the previous year. 
• Roughly two out of three agents and brokers see value in promoting energy efficiency in listings. 
• A third of respondents are concerned about the impact of extreme weather events on the housing market. 
 
Also noteworthy from the report is the rising anxiety among realtors about the effect of climate change and extreme weather events on their businesses. More than one out of three respondents – 34 percent – said they were very or somewhat concerned about the impact of extreme weather events on the housing market. 
 
When working with one of our local realtor members to buy or sell, you may have been made aware of the green fields in our MLS, powered by Flexmls. From curbside recycling, dual flush toilets, and energy-rated HVAC systems to hot water recirculation, low emissivity windows and rainwater collection systems, we’ll be sure to highlight such green features for sellers and to buyers.
 
While NAR’s recent report is residential-focused, a similar commercial study was completed a year ago. Highlights included:

• A majority of agents and brokers (69 percent) said that energy efficiency promotion in listings was very or somewhat valuable.
• Twenty-nine percent of buildings with green certifications, such as LEED, Green Globes, or the Living Building Challenge, spent neither more nor less time on market.
• The building features that Realtors believed were most important to clients included utility and operations costs, indoor air quality, efficient use of lighting, and windows, doors and furnishings.
 
Consumers and builders depend on educated real estate professionals to help market newly constructed, remodeled and retrofitted properties. This is why I obtained NAR’s Green Designation, which is available to all realtors. The training provides many resources to make sure that realtors serve the community and its “green” needs.  Our next offering of the Green Designation course is set for early August and, like many of our CE classes, will be deeply discounted for our members.
 
Realtors serve our community and clients, but we also have our eye on the future and what might affect our environment and property owners in the future. That’s Who We R.


2-Story Office Building In East Ridge Sells For $1.3 Million

Property At 700 E. Main By The Railroad Sells For $2.1 Million

Strip Mall In Hixson Sells For $10.75 Million


A two-story office building in East Ridge has sold for $1.3 million. The location is 5512 Ringgold Road. Built in 1987, it has s paces ranging from 510 square feet up to 5,000 square feet. ... (click for more)

A long stretch of vacant land just off Main Street on the Southside has sold for $2.1 million. The location at 700 E. Main is between Madison Street and the railroad. The sale was to Chattanooga ... (click for more)

A strip mall at 5380 Highway 153 in Hixson has sold for $10,750,000. Developer Bassam Issa sold the property to Paulina Limited Parnership. The property is occupied by Gabe’s, Ollie’s, ... (click for more)



Real Estate

2-Story Office Building In East Ridge Sells For $1.3 Million

A two-story office building in East Ridge has sold for $1.3 million. The location is 5512 Ringgold Road. Built in 1987, it has s paces ranging from 510 square feet up to 5,000 square feet. The sale was to T4 Llc from Nandlal Khatri. (click for more)

Property At 700 E. Main By The Railroad Sells For $2.1 Million

A long stretch of vacant land just off Main Street on the Southside has sold for $2.1 million. The location at 700 E. Main is between Madison Street and the railroad. The sale was to Chattanooga Builders Llc from General Electric Co. New residential units are expected to go up at the site. (click for more)

Breaking News

Supt. Robertson Sees "Many Positive Results" In Latest TCAP Data

Hamilton County students scored at or above statewide proficiency levels in more than 64 percent of tested areas during the 2021-22 school year according to district-level TCAP results released by the Tennessee Department of Education on Wednesday morning. Of the 28 content areas tested in grades 3-12, Hamilton County students met or exceeded proficiency scores from the state ... (click for more)

EPA Awards Chattanooga $4.9 Million To Clean Up Polluted Sites

At a press conference at the U.S. Pipe/Wheland site, Environmental Protection Agency officials announced that the federal agency has awarded Chattanooga $4.9 million in funding to tackle brownfields in the city, "helping turn contaminated sites into productive economic opportunities." The funds consist of two $500,000 grants - one for analysis, one for cleanup - and $3.9 ... (click for more)

Opinion

Dangerous Dam At Ketner's Mill Has Claimed Too Many Young Lives

Something must be done about the dangerous low head dam at Ketner’s Mill on the Sequatchie River in Whitwell, Tn. (Marion County). This dam is a dangerous public safety hazard that has claimed the lives of many young people through the years. It seems to me to be grossly negligent for the owner of this dam (which no longer serves any purpose) to continue to allow unknowing ... (click for more)

Uncovering Chattanooga’s Hidden Gem

Missionary Ridge is Chattanooga's "diamond in the rough" that can spearhead a new era in our city's growth. Way back on Nov. 25, 1863, soldiers under the leadership of General Ulysses S. Grant stormed Missionary Ridge and broke the back of the Confederacy. The Battle of Missionary Ridge demonstrated the superior forces of the industrialized North and gave their soldiers a chance ... (click for more)