October 15 2015
Buyers want smart homes? What's that? Don't worry, if you don't know the slightest about smart homes, you're not alone. Technology, like real estate trends, is constantly changing. Sometimes it can be hard to stay in the driver's seat.
Smart homes, or homes with built-in intelligence systems, are rapidly gaining in popularity, causing buyers to increasingly look for more high-tech home upgrades as technology advances.
The "Internet of Things," or "IoT," is the connectivity of everyday objects to the internet and one another, a phenomenon embraced and expected by the general public in all manner of applications. As wireless internet technology advances, and becomes easier to operate and more cost effective, smarter experiences can be provided in the home.
There are an array of home technology options, such as WiFi, Bluetooth, Zigbee and Z-Wave, with various compatible home automation devices. However, technology compatibility issues abound, especially when a mix of wireless home technology solutions are used.
The goal in the not-so-distant future: compatibility. Major players in the smart home technology market are joining forces in support of an open wireless network standard that would allow interoperability among various products.
What types of smart devices will buyers be on the lookout for, according to real estate trends?
To view the original article, visit the Properties Online blog.
See also: 3 Forms of Tech That Are Changing the Real Estate Market