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Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I would except the lien they put on your home could be cripling if you plan on selling or refinancing during the time of the lease

Jan 10, 2017 04:30 PM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

NO.

Why? Mr Musk has invented solar shingles to replace the panels.

Musk says Teslas solar shingles will cost less than a dumb roof.

When Solar City prices are right, and sufficient storage available. then I most certainly would go with passive power generation.

I like the snippet from video in the conversation with the neighbors, "Come over and check out this sweet roof."  You don't hear that very often.

Jan 10, 2017 01:48 PM
Ambassador
1,452,669
Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

We're seeing some problems in selling homes with solar panels on the roof.  Standing seperate, not so much.  I too, would like to see what happens with the Tesla shingles.

Jan 10, 2017 02:37 PM
Rainmaker
5,104,931
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

No... too many issues with "ownership" of panels when you sell the home. Not a big deal here or a draw. I've yet to have a client who asked for a home with solar panels.

Jan 11, 2017 04:16 AM
Ambassador
2,436,099
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

No. They might make sense if someone were planning to stay in their home for 20-30 years to either pay off the long-term lease or recoup initial investment when purchasing. But even if we were planning to stay in our current home that long, I wouldn't put them on the roof - too many potential roof related issue. You'd have to move them when updating shingles. I'd get a separate group of panels near the house somewhere.

Jan 11, 2017 03:13 AM
Rainmaker
763,783
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

Absolutely not. Technology progresses to fast to buy the system or lease and obligate the next owner to take over a 20 year commitment.

Jan 10, 2017 09:18 PM
Rainmaker
599,274
Nathan Gesner
American West Realty and Management - Cody, WY
Broker / Property Manager

Too expensive in my area, even with stolen tax money...I mean, incentives.

Jan 10, 2017 09:17 PM
Rainmaker
3,986,258
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

If I was younger yes

Jan 10, 2017 08:07 PM
Rainmaker
1,617,916
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

I would consider only to make sure it is easy when selling home

Jan 10, 2017 07:55 PM
Rainmaker
679,404
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

Probably not.  They are not attractive and homes with them seem to be harder to sell because of the non-curb appeal.

Jan 10, 2017 07:19 PM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Probably not as the sun is not at the right angle to my house. The expense would keep me from it.

Jan 10, 2017 06:09 PM
Ambassador
3,344,906
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

No. I own a condo. If I had a home ... I would consider buying and installing but not leasing. 

Jan 10, 2017 05:41 PM
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

Probably not, because of the aesthetics.  But, Teslas new solar roof tiles look attractive to me.

Jan 10, 2017 05:22 PM
Rainmaker
1,844,271
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

No, I think they area awful looking & it takes too long to recoup the costs. Someday Elon Musk will figure it out, then I'm in.

Jan 10, 2017 05:14 PM
Rainmaker
900,118
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

If I lived in a sunny area, absolutely, but utility companies have not been very cooperative.

Jan 10, 2017 04:56 PM
Ambassador
3,587,835
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Absolutely if we were facing the correct direction and there was enough room

Jan 10, 2017 04:55 PM
Rainmaker
7,835,329
Roy Kelley
Retired - Gaithersburg, MD

No. Poor return on the investment.

Jan 10, 2017 04:34 PM
Ambassador
2,178,533
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Solar would be a wonderful source of energy for the area I live in.  However, hydro power is so affordable (lowest in the nation), the cost of converting isn't attractive.

Jan 10, 2017 04:23 PM
Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

A friend of ours just did.  It took time and negotiating with the Department of Water and Power who of course still want to be paid for the power.  It is a complicated issue, but it will cost him a lot less to run the AC and keep his pool warm in the winter.  

A

Jan 10, 2017 04:13 PM
Rainmaker
2,220,323
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Will have to research more about it to make an educated decision.

Jan 10, 2017 04:06 PM
Rainmaker
655,840
Jeffrey Jones
AZ Home Seekers - San Tan Valley, AZ
AZ Home Seekers, azhomeseekers.com

No. Generally seeing owned units not recouping the price at resale, and the leased units can be problematic. Not worth the headache 

Jan 10, 2017 03:50 PM
Rainmaker
1,239,801
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Only if your utility bill is high.  The leased panels in No CA is not cost prohibitive.  Many of our neighbors have it. Huge house several a/c systems. Want to turn heat up.

 

Jan 10, 2017 02:58 PM
Rainmaker
846,475
Marco Giancola
Beachfront Realty - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida

YES except the cost is very high (con)

Jan 10, 2017 02:18 PM
Rainmaker
911,228
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

No. I doubt we would benefit much from them. our utility costs are that much.

Jan 10, 2017 02:03 PM
Rainmaker
1,712,676
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I am waiting to see what is going on with the Tesla shingle innovation.

Jan 10, 2017 01:58 PM
Rainmaker
5,868,472
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I would not.  The appraisers give them no value in my area and with technology changing so often, after 20 days they will look just as ugly as they did 20 years ago.

Jan 12, 2017 02:18 PM
Rainmaker
1,725,996
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Yes only if purchased, not leased

Jan 12, 2017 07:00 AM
Rainer
27,065
Mary Hamilton
North Beach, NJ

I haven’t thought about it to much. However, if I have enough money to install them I would definitely give them a try. I know that when you use solar energy, your monthly electricity bills go down. 

Besides, the cost of installing and maintaining solar energy panels is high in the beginning, but latter it could add your home a huge benefit.

Jan 12, 2017 05:54 AM
Rainmaker
1,622,432
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

I would, but since I moved into a gated community, it is unlikely to happen. 

Jan 12, 2017 12:07 AM
Rainmaker
5,005,333
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Nope! Not seeing it as a good investment here.

Jan 11, 2017 07:20 PM
Rainmaker
1,502,898
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Only if I were to buy them outright.  Otherwise the leased ones are a giant scam.

Jan 11, 2017 03:47 PM
Rainmaker
4,935,567
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

In mose cases they are lease and when you try to sell your home, the lease goes with the home and some people may not get a loan then.

 

Jan 11, 2017 11:58 AM
Rainmaker
2,781,123
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Anything done to the roof comes with risk. Then, they may help with the utilities but not eliminate them. Further, it requires ongoing maintenance. I have used solar twice to heat a pool and got my monies worth

Jan 11, 2017 08:27 AM
Rainer
55,673
Joe D'Agostino
NMLS# 729950 - Manahawkin, NJ
Mortgage Officer 46 years!

Never...they are the ugliest thing I have ever seen. They are talking about making them look like roof shingles...then I may consider it,but remember:

1) If you lease or have a contract with the solar company, that must be considered in a sale. The buyer may not want to take it over.

2)I was told they do loose their efficiency over the years.

Jan 11, 2017 08:21 AM
Rainmaker
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

no....I would if I had a big family at home...now they can put them on their own homes!!!!

Jan 11, 2017 06:55 AM
Rainmaker
864,658
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Absolutely, if they were more cost efficient. Right now, the cost just doesn't make sense. Unless, I build a pool in the backyard.

Jan 11, 2017 06:51 AM
Rainmaker
1,466,207
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Gloria Valvasori No I would not consider them. Too many issues especially when selling. Several years ago several owners purchased solar panels in my area. They do not age gracefully.

Jan 11, 2017 06:41 AM
Rainmaker
757,885
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

I would not install them on my home. They take up a lot of space on your roof & always seem to be on the front roof too... definitely detracts from the curb appeal of the house. 

Jan 11, 2017 06:13 AM
Rainmaker
5,216,353
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Had solar panels in Florida to heat the pool. Worked very well!

Jan 11, 2017 05:56 AM
Rainmaker
989,652
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

We've thought about it actually, but probably will not - the initial costs are prohibitive

Jan 11, 2017 05:53 AM
Rainmaker
582,106
Eric Kodner
Madeline Island Realty - La Pointe, WI
CRS, Madeline Island Realty, LaPointe, WI 54850 -

Solar roofing, yes.

Jan 11, 2017 05:29 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

Scott Godzyk nailed this one!

Jan 11, 2017 04:34 AM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

no

Jan 11, 2017 04:14 AM
Rainmaker
4,272,548
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I will when solar panels become more effective in rainy, cloudy climates

Jan 10, 2017 11:27 PM
Ambassador
5,229,439
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

I would consider it but, it's very costly in our area.

Jan 10, 2017 10:31 PM
Rainmaker
1,197,042
Peter Mohylsky, Beach Expert
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

Not unless it made sense financially, maybe some type of tax incentive?

Jan 10, 2017 08:52 PM
Rainer
150,416
Michael Thacker - Re/Max Real Estate Center - Louisville
Re/Max Real Estate Center - The Thacker Group - Louisville, KY
Your best friend who just happens to be a Realtor

We have them on a few homes here, but though my buyers like the idea of lower bills, they are intimidated by any future problems they may have.

Jan 10, 2017 04:32 PM
Ambassador
6,392,929
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

We have them on one of our offices, I like them and the lack of an electric bill.

Jan 10, 2017 04:14 PM
Rainmaker
1,157,785
FN LN
Toronto, ON

No.  Have you considered the income tax, sales tax and property tax issues and business issues you will have if you install solar panels?

Jan 10, 2017 04:12 PM