What's a Listing Environmental Report?

paper at desk

Attention, real estate agents and brokers. Listing Environmental Reports are an invaluable asset for attracting buyers to your property listing and raising the appraisal value. LERs, are a similar version of Phase 1 Environmental Assessments that are accepted by lenders, can be acquired for a relatively low fee and integrated into your Offering Memorandum.

How does it work? Seller orders our LER at a fraction of what a full Phase 1 ESA costs. This allows him/her to get a snapshot of the property’s environmental risk level, plus can offer it to prospective buyers in their Offering Memorandum. The seller, can...MORE