Over the years, we have seen technology evolve in many different fields and aspects of our lives. Modern technology has enabled us to perform our tasks more efficiently, plus it helps promote our safety. For example, home sellers can now sell their property from the comfort of their home. The seller is only required to take videos of the property and advertise it on the available properties where potential buyers will be looking for their dream home. Other technologies in real estate include virtual home viewing, drones for home inspections and many more. Read on to learn more about smart technology in home selling.
Real estate and technology
One field that has embraced the evolving technology is the real estate industry, especially when it comes to home selling. Smart technology, which was seen as a futuristic dream, is becoming a reality, causing big changes in the real estate industry. Statistics show that a house is more likely to sell fast if it has smart technology already installed. Thus, explaining why there has been a surge in the number of homeowners utilizing smart technology in their homes. Below is all that one needs to know about this smart technology and how it affects home selling.
Definition of smart technology
Smart technology refers to the use of network communication technology to automate various tasks or give you the option to do the task by giving commands through remote control. However, with technological advancements, complex artificial intelligence tools that can make decisions on their own are replacing remote-controlled smart. With smart tools, one can improve almost everything in the home, from security to basic functions such as turning on and off the lights.
Examples of smart technology installations common in most homes
Smart security systems
Everybody wants a safe and peaceful space for the family, and that is why smart security systems are the most common smart technology installations in most homes. With the technology in place, one can monitor the home surroundings and the interiors using their smartphones. A smart security system can control the security cameras, motion sensors, microphones and other monitoring tools and devices. Therefore, if there are abnormal activities, the system sends alerts automatically about the home’s security status. Since security is a critical matter, a house with an automated smart security system fetches more since buyers are willing to pay more if security is guaranteed.
Smart programmable thermostat
This is another smart technology tool found in many homes and even working premises. This tool keeps the home’s temperature at a range comfortable for the occupants and can automatically readjust itself if the temperature rises or falls. This feature only works if the air conditioning system has sensors that can detect and monitor the weather of the environment they are in. For most homes, it helps to reduce energy consumption, thus reducing the energy bill. Most of these technologies come with smartphone applications that allow users to adjust temperatures and reduce energy consumption even when they are not home.
Smart lighting system
This is one of the easiest and most affordable home automation. Instead of using incandescent light bulbs, one can use led smart bulbs controlled automatically through WI-FI or Bluetooth technology. With remote access from a smartphone, one can turn the lights on when required or even set a scheduled time for them to turn on or off. A good place they can be useful is in the security lights where one can set them to turn on in the evening and off in the morning.
Smart technology digital assistant
A smart technology digital assistant can come in handy in a home where one has a busy schedule. The technology will assist in ensuring the home runs efficiently by monitoring multiple activities in the house. For example, this technology can make lists of things that are not in the house like shopping and groceries and send reminders to you to get them or even order online. It can help organize home schedules and chores and even sort the entertainment needs of the home. A digital assistant is a very important piece of smart technology to have in a home.
Does smart technology affect the marketability a home?
Yes. When it comes to real estate, a home equipped with smart technology like the ones mentioned above becomes more marketable since most buyers are looking for such homes. With the market becoming more competitive, most buyers are looking for something that will lure or “wow” them to buy a certain home. And as we go forward with technology, smart technology is that “wow” factor that gives a home a competitive edge over another home set up for sale without the smart technology. Because of this advantage on home selling, companies like quick sale property buyers are using smart technology to make quick sales as it is more appealing to buyers.
Laila Azzahra is a professional writer and blogger that loves to write about technology, business, entertainment, science, and health.