REAL ESTATE 3.0 Exploring what the phrase “technology as an asset” really means…

In today’s real estate market, smart home technology
is the “norm” rather than an ancillary feature.

In a survey conducted by Coldwell Banker, sales associates were asked which home features were important to potential buyers, and over 60% noted that buyers want homes with smart features that can be accessed through their mobile devices.

This survey stays in line with the exponential rise in the development of  convenience technology. Many homeowners are now upgrading their properties to include smart home technology, so when they are ready to sell, they can command a higher price.

As a result of this new standard, more buyers want and expect smart homes that invest fore-thought their future needs, while avoiding the exercise of demolition and construction. In order to achieve this goal, smart homes require network cabling with robust WiFi. Ideally a homeowner will make this investment during a rebuild or remodel phase to capture an optimal return.

With the advanced cabling and WiFi in place, homeowners can utilize devices and services like video doorbells, security cameras, lighting fixtures, window shades, speakers, televisions, and Amazon Alexa products. However, the most luxurious approach to integrating this technology requires a control system.

Read MORE: C-Suite Advisory Online Magazine