A new non-profit based in Bellevue Washington provides education and financial incentives for property owners to reduce their carbon footprint. AGPOM, the Association of Green Property Owners and Managers also helps property owners save money by reducing energy costs. For more on this, see the following article from Property Wire.
A new association aimed at boosting green property building practices and promoting environmental sustainability has been launched in the US.
As the Obama government comes under pressure to adopt ever greener policies, the new Association of Green Property Owners and Managers (AGPOM) said it makes sense to adopt green practices in the real estate industry as ultimately they save money as well as protecting the planet.
The pressure on companies around the country to reduce their carbon footprints continues to increase.
But the many are put off by the complex entry system and the cost in time of manpower.
A non-profit organization, AGPOM, aims to provide financial incentives for property owners and managers to get started with or become more fully acquainted with green practices.
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‘AGPOM will challenge and hopefully change business practices for managing properties around the country,’ said Doug Waddell, President of Waddell Properties, a large apartment building owner and AGPOM member based in Kirkland, Washington.
He said his firm had already benefited from adopting green practices.
‘We were able to increase our insurance coverage while reducing our premiums and business risk.
In addition, we expect to realize energy savings through our commitment to the AGPOM Green Building Plan,’ Waddell explained.
Some property owners clearly are seeing a return on investment by bringing their buildings up to certified green standards, according to Art Smith, an AGPOM board member.
He wants to dispel the myth that getting green certification is laborious and costly.
‘AGPOM will offer a straightforward way to get going without requiring large investments in technology or manpower.
Providing knowledge and an achievable entry plan coupled with the financial incentives to our members is the key to growing the green movement,’ he added.
He said that AGPOM`s market-based benefits for property owners and managers also include access to a cost effective building plan, discounted consulting and legal services as well as updates on green news and trends.
This article has been republished from Property Wire. You can also view this article at Property Wire, an international real estate news site.
