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Rainmaker
1,617,866
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

These are great to have in any home

Oct 16, 2016 11:17 AM
Rainmaker
1,712,551
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Instant on hot water that is continuous. They have been improving a lot and we are seeing them in more new construction.

Oct 16, 2016 07:24 AM
Rainmaker
1,498,258
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

This is a horrible idea that people have been pushing.  You have a limited amount of water, often not enough for a shower.  In the event of an earthquake, you nolonger have 30-75 gallons of drinkable water at your disposal.

 

If I find a house with them, I rip them out.  If I'm showing a house with one, so far every buyer has not wanted to buy the house BECAUSE of it!

Oct 16, 2016 02:53 PM
Rainmaker
469,510
Dan & Laurie Pittsenbarger Team
Keller Williams Western Realty - Bellingham, WA
Lakeside & Coastal Single Family Homes

Tankless or On Demand hot water heaters simply heat the water as it's needed. I've had mine for 16 years and it has saved me a ton of money. Plus we never run out of hot water.

Oct 16, 2016 10:06 AM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

It does not hold water in a tank and continue to keep it hot but heats it on demand. It saves energy and is very quick to heat it instantly. We have two in our house.

Oct 16, 2016 09:56 AM
Rainmaker
5,772,353
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Barbara,

It is wonderful and it does not waste water!  The water is at the right temperature for a shower.  A

Oct 16, 2016 08:00 AM
Rainmaker
1,033,761
Elyse Berman, PA
LoKation Real Estate - Boca Raton, FL
Boca Raton FL (561) 716-7824

I see them here on occasion.  

Oct 16, 2016 08:06 PM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Barbara Todaro - I think it is mandatory for new construction - in MA at least. And it replaces the big water heater tanks. (This was simple.)

Oct 16, 2016 04:09 PM
Ambassador
3,727,581
Patricia Kennedy
RLAH@Properties - Washington, DC
Home in the Capital

We see a lot of them down here, and people who have them love them.  It takes far less time for the water from the faucet to warm up, and you won't run out of hot water.

Oct 16, 2016 03:06 PM
Rainmaker
5,096,266
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

One without a tank and one that always has hot water. Love them.

Oct 16, 2016 01:42 PM
Rainmaker
3,986,196
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

They are also called on demand water heaters.  They heat water as you need it and have no reserve.

Oct 16, 2016 01:41 PM
Ambassador
6,353,602
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I think that the name says it all.  Heats the water as it passes through rather in a tank.

Oct 16, 2016 01:34 PM
Rainer
12,938
Aaron Mtuanwi
LBBM Brokers, Inc - Lawrenceville, GA
INSPIRED TO SERVE Atlanta, GA [Metro Atlanta Area]

With the few homes that I have seen it in here, it drives the home price up.

Oct 16, 2016 11:12 AM
Rainmaker
864,658
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Wow. I actually know the answer. It is becoming very popular in all the new constructions in our area.

Oct 16, 2016 11:09 AM
Ambassador
2,679,169
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

They don't work.

Oct 16, 2016 11:05 AM
Rainmaker
1,231,853
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Very efficient if natural gas is available.  What options exist for electric or propane?

 

Oct 16, 2016 11:00 AM
Rainmaker
1,435,300
Yolanda Cordova-Gilbert
Richmond, TX

Not many people use here and our head of construction thinks at this time the maintence is too high!

Oct 16, 2016 08:42 AM
Rainmaker
1,237,395
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Barbara Todaro 

I saw it in Japan over 25 years ago. Hot water by gas or bottled gas on demand. It took a long time to get these low flow Toto toilet and tankless over here. I think the price is too high....

Oct 16, 2016 08:40 AM
Rainmaker
1,525,616
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

It is a system usually run by gas that heats the water without the use of a tank. I once had one and loved it.

Oct 16, 2016 08:35 AM
Rainmaker
987,052
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

I have one LOL - installed it beginning of the year - helped cut my Electric bill by 1/3!!!

Oct 17, 2016 03:46 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

After my water heater blew out and drained all the water out, it became a tankless water heater.

Oct 17, 2016 02:12 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

A proven technology, used widely in many countries, that aligns with the common sense of not heating water when you don't need hot water.

Incredibly economical to install, and when natural gas is available, cheap to run. For those homes with 2 bedrooms, even the electric tank-less will prove economically beneficial. 

Be aware, when long runs are involved, you will still need to run the water, just like with a tank system, to find the hot water. However, they are so inexpensive, one can place the tank-less closer to the user.

Over ten years of experience and no one is ripping out a tank-less to put in those space hogs.

Oct 17, 2016 12:53 AM
Rainmaker
4,553,364
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

I think they are a good idea.  

Oct 17, 2016 12:33 AM
Rainmaker
1,466,207
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Barbara Todaro No holding tank for the water. I think the question is whether they are cost effective.

Oct 17, 2016 12:23 AM
Rainmaker
2,775,621
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

It is a water heater without any gratitude, appreciation or "tanks". Tank U

Oct 17, 2016 12:18 AM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

A water heater that is unappreciative!! 

Oct 17, 2016 12:04 AM
Rainmaker
5,191,633
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

An expensive waste of money that does not perform as advertised! Give me the tank!

Oct 16, 2016 11:44 PM
Ambassador
3,339,204
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Yes, it is too easy.  Dare I even say it is a water heater without a tank. I am not a fan of them.

Oct 16, 2016 11:12 PM
Rainmaker
3,415,644
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

What I need and will get once it is time for a new one. Nothing better than hot water on demand, no running out and much less expensive than a traditional water heater

Oct 16, 2016 11:01 PM
Rainmaker
1,513,143
Raymond E. Camp
Ontario, NY

Barbara Eden and Ann Montgomery had it first with a blink of an eye or nose.

Instantly heat water without a tank maybe saving money.

Oct 16, 2016 10:17 PM
Rainmaker
1,658,486
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

We started to convert but decided we'd lose money in a tankless investment if we relocate.

Oct 16, 2016 10:10 PM
Rainmaker
1,722,726
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

I was going to say me after Sandy feeds me beans, but that is actually an old bag of hot air. I am very popular in Albuquerque during the balloon festival though!

Oct 16, 2016 10:03 PM
Rainmaker
7,789,079
Roy Kelley
Retired - Gaithersburg, MD

Some like instant hot.

Oct 16, 2016 08:33 PM