The face of the real estate business has been revamped in various ways by the internet and the latest digital technology surrounding us. One of the most precise ways is how we can now share real estate information with each other as well as how we search for real estate. Currently, what one trend that is the biggest impression out there is the smart home technology which of course, is thanks to the Internet of Things. The availability of Nest Thermostats means that one can easily control remotely, regardless of your location, to force-detecting floors that detect movement issues from the elderly. The smart home tech is making lots of worthy alterations within real estate circles as well as even showing what buyers are attracted to in their potential homes and changing what adds value to homes.
Smart Home Technology is simply the technology that lets the owners of homes monitor automate as well as control devices within their homes by using their tablets, smartphones and other mobile devices. One of the first devices to break into the market is the smart thermostats although the expansion of offerings has greatly increased in just a few years. The devices within the smart homes are connected to the owners via their devices as well as one another by using Bluetooth, Wi-Fi and other technologies of transmission. The older smart technology home devices needed better know-how by the user, but the current ones vary in the fact that they have been simplified for the user to use easily. The best part of it all is that it does not require complex wiring nor any complicated methods to set up. Check out Affiliatedork to know more.
In a report by Hackronym, one survey done by CNET and Coldwell Banker shows that: around 45% of Americans looked to have or invest in smart home tech by the year 2016. Those currently using smart home technology, 91% of them would recommend them to others. Out of all the millennials state, 43% of them have the smart home technology to some extent. By the year 2020, the smart home tech business is looking to exceed $130 billion. The devices tied to the Smart Home Technology are such as Thermostats, Lighting, Security and safety, Shades and also Hub Systems.
Todd, unlike most professionals in real estate, saw the impending growth and potential of Smart Home Technology many years ago. Lubar also stayed in tune with the technology as it developed. Todd is a 1995 Syracuse University graduate who started his career at Crestor Mortgage Corporation.