The Department of Energy (DOE) measures efficiency in numbers called SEER ratings (Seasonal Energy Efficiency Ratio). For several years, the minimum efficiency standard for newly-manufactured HVAC equipment has been 10 SEER. On January 23, 2006, the law will require manufacturers to stop producing anything less than a 13 SEER. Therefore, homeowners will be frustrated when they face a possible system upgrade instead of standard repair.
In order to explain the implications of 13 SEER, real estate professionals will need to understand the possible system upgrades and costs associated with the new standard.
A scenario that poses risk to the real estate professional is a home warranty provider that doesn't address 13 SEER. Certain manufacturers and service providers such as NAR's REALTOR BenefitsSM partner, American Home Shield, are preparing to help agents prepare for the new standards.
"We work very closely with the real estate community, and understand their frustrations and constraints," said Steve Burnett, Chief Marketing Officer at American Home Shield. "We're going to supply easy-to-understand learning tools for agents to share with their clients and also make sure our field team is knowledgeable on 13 SEER."
For more information, visit http://nar.ed10.net/h/YS0U/33A4/7V/XIYDF.
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