Green Certificate: What Are Its Benefits?

Are you thinking of obtaining the green certification for your property? do you think it’s worth it? Have you thought about the advantages or benefits it can give you? How would you like to be among the 79% of homeowners expected to build green properties by 2018? if you answered yes to these questions, read the rest of the article and learn about the benefits of getting your property certified green.

  • Reduced operating costs: The high amount of operating expenses always overwhelm the pockets of the owners. And to think that owning a property is something that can help shape one’s future, reducing operating costs can clearly help save more. There are many studies that support the fact that green buildings are known to pay for themselves in seven to eight years, depending on the types of improvements made regarding energy efficiency, sustainability, and aesthetics. According to a study, operating costs can be reduced by up to 13%. And if a landlord rents out his property, he can earn a higher margin gain by charging higher rents than non-green-certified competitors.
  • Reduced Vacancy Rates: Homeowners who want to secure their children’s future are likely to opt to convert their homes to rental properties. And by making green modifications, there is a greater chance that the property will always be rented. Tenants are also likely to renew their leases because of the benefits they have experienced in their first few months of tenancy. Once again, studies show that there is a lower vacancy rate for green buildings. They are 4% lower than rents for properties that are not green certified.
  • Increased interest from investors: Green buildings show high scores in terms of energy efficiency. They also show consistently high tenant retention rates, drawing investors closer to them. If, in such a case, an investor wishes to add his property to his portfolio, it becomes instant proof of your company’s commitment to sustainability. It scores a point for shareholders who are always looking for ways in which the company they invest in has social responsibility. So make sure you get your property certified green. It’s more proof than the features you’ll brag about it being green!
  • Avoid Being Labeled Greenwashing. With green buildings comes the closely associated term greenwashing. This term refers to labeling the building as ecological when in fact it is not. It is a direct manifestation of lying to customers. When tested, it can cause a headache for the owner and property manager. But when you get certified organic, you instantly get rid of this label and you won’t be labeled as such because you have proof.

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