In an ever advancing world, people are shifting more towards homes and properties with comfortable settings that not only help them in the short-run but are more efficient and add value in the long-run.
This paradigm shift includes the growth in sales and creation of smart homes – which are becoming smarter investments for real estate investors. Real estate agents and investors can do well by focusing on what creates smart homes, and what features and facilities people look for when they seek smart homes.
What Are Smart Homes?
We always see advertisements playing on the television or online about how you can integrate artificial intelligence (AI) into your homes to turn on the lights and keep security on when you are not at home. However, it goes deeper than that.
Smart homes benefit you through various factors, and while the initial thoughts rose from people wanting to create more sustainable technology, the selling factor came through the idea that smart homes also save you on bills.
Sustainable and Efficient Homes
Sustainable living has been padlocked as one of the most important focuses by the United Nations (UN), and scientists around the world have worked tirelessly to create various mechanisms that help reduce the carbon footprint we have, all the while ensuring that our technology not only stays on par but is improved.
With people concerned more and more on creating a sustainable world, smart homes are smart real estate options with energy efficient and economically efficient benefits.
Convenience
Smart homes also use AI to integrate various technologies into them, all of which not only make the home seem more aesthetically pleasing, but makes them more ergonomic. Real estate technologies have improved, and so have the technologies that help you sell properties, for example, you can manage how warm your home is through the thermostat being controlled by your cell phone. You can even control security.
The convenience and control you have over the technology in your home, makes smart homes, smart real estate options.
Benefits of A Smart Home
Some of the benefits of smart homes have already been mentioned, however, smart homes are not only fancy to seem fancy, but they offer you various benefits for when you are not home, or want to stick to a certain routine.
- Automate lights to turn on whenever you are in the room, saving on electricity on already efficient lights
- Can control appliances to be turned off, and never have to worry about rushing back home because you might have left the oven or television running
- Set your devices such as air conditioners to go off for a specific amount of time before you enter a room or after you leave, ensuring your home is ready how you want it to be
- Create and follow through on a routine you create for yourself everyday, by ensuring everything is set to be turned on and working on the time you set for it
Technology’s Hand in Reshaping Real Estate
In the last few decades, technology has completely reshaped what everyone knows about real estate. If you are a real estate investor or agent, your idea of how to operate in the real estate market has shifted dramatically from before.
Technology has not only been integrated into homes, shifting your focus in the context of what type of homes are popular and how to pitch them to potential clients, but technology has also been integrated into the operations of real estate itself.
For example, the best CRMs for real estate agents are now highly sought after, with real estate agents having their different needs and wants being met by a single software, in order to get them through tons of work, with a lot less effort.
Processes that used to take hours such as sending follow-up emails or texts, now require you to set it up once, and the automated drip campaigns take care of the rest. Even finding potential clients or leads have become easier, with the idea of list stacking, which can help you find people who fit all of your criteria, in order to find the most motivated sellers or buyers.
All of these actions that would have required days and months of work among 5 to 10 different people, can now all be taken over by softwares that helps you focus on building up your business and growing it, rather than spend hours doing tedious work which drains you.
Future of Smart Homes
Smart homes are the way of the future, and you can expect them to stick around and keep being innovated. These homes not only help people become more optimized by bringing in convenience for them, but the AI also learns people’s habits and streamlines everything for them.
The best part is, these homes are just in their infancy, and as technology keeps getting better and polished, the smarter they will become. Everything seems ergonomic and convenient to us now, imagine in 10 or 20 years.
Conclusion
Smart homes need to be learned about, and real estate agents and investors have to delve into the different technologies that make homes more convenient and ergonomic for people. Learning about these technologies will make the agents and investors more learned about how to sell them, and properly be able to evaluate their values.