Tom Cabrerizo Detects Rise in Eco-Friendly Property Management - Construction Digital
Environmental protection has reshaped the real estate industry, and the shift is now prompting a new attitude toward related professions--including property management. Tom Cabrerizo, CEO of real estate firm CFH Group, comments on this transition.
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There was a time when pest control meant regularly spraying copious amounts of pesticides to get rid of the problem. Thankfully, people got smarter and realised the harm that such an approach was causing everybody involved.
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Making your rental property more eco-friendly can do more than just soothe your tenant’s worries about life in our resource-guzzling modern age. Living in a home that uses less water, gas and electricity will save you and your tenants money and invite more applications from environmentally conscience tenants. Installing energy efficient appliances and heating and cooling systems can cut thousands off utilities and reduce wear and tear on your equipment, increasing its longevity. A recent survey by Apartments.com showed that 60% of prospective tenants search specifically for environmentally friendly properties, and 25% are willing to pay more for them.