Deploying smart home technology across your communities can seem like a daunting task with variables like costs, picking the right devices, and deploying it across entire communities. According to a survey done by the National Apartment Association multi-family owners had a lot similar concerns. The top 3 concerns they had when it comes to deploying smart home technology in their communities are:
- Cost of Implementation
- Compatible Technology
- Future Proofing
Our solutions to all 3 of these concerns are simple:
- We have no upfront costs to the Smart Apartment Solutions installed in each of your units. Each package is customized to your floor plans and are paid on a monthly subscription. These subscriptions usually cost about $40-$75 per month per unit based on how extravagant you want your Smart Apartments. In a survey done by Schlage in 2017 on 1,000 U.S. renters they found, “on average, millennial renters would pay about a fifth more for smart home features,” and, “55 percent are likely to pay more for an apartment that had "high-tech" door locks compared to ones that did not.” Now 2017 is already half a decade ago, but with the smart home market having an annual growth rate of around 11% we would expect those numbers to be much higher.
- As for all of the devices installed in your new Smart Apartments, they will be integrated into one easy-to-use platform that you and your team can manage from your phone and desktop all while giving your tenants access to control their individual Smart Apartment. Adding tenants is as easy as a couple of clicks and removing them is even easier. Included in your monthly subscription is access to a dedicated account manager who will not only help your team become comfortable with the platform, but will also manage it all for every single one of your communities.
- Picture this, your brand new tenant walks into their new home, fresh coat of paint, nice new countertops, and sparkling appliances. They look at the devices that give them a “Smart Apartment” and they’re outdated and slow. That Smart Apartment amenity just became a dumb apartment. Good thing this was just a mental exercise because your tenants will never have that happen. All of the devices are updated every 5 years, again with no upfront costs, to ensure that the technology never becomes outdated and to ensure your tenants feel like they’re living in a futuristic decade.
Bonus: There are a few ways to get the Smart Apartment hardware deployed across your communities. For new developments you can use your current contractors to install them or we can do it for you. For existing multi-residential buildings we can schedule time with each of your tenants to install your Smart Apartment Package and deploy the Smart Apartments all at once. Or you can have us come out as tenants vacate and before new tenants move into each unit.