Raising Your Homes IQ Could Help It Sell Faster

Raising Your Homes IQ Could Help It Sell Faster

Smart home technology is growing fast.  Coldwell Banker conducted a survey and found that 45% of Americans either already own smart home technology or are planning to buy some.  The same survey also found that owners believe smart technology makes their home safer, saves them money, and sames them time.

Most newly constructed homes today have smart technology built-in, and adding smart technology to existing homes may be the key to helping sellers make their homes feel less antiquated so they're able to compete with more modern properties.

Sabine Schoenberg, founder and CEO of real estate firm PrimeSites, spoke with CNBC about the importance of smart home technology for sellers.

"That's the ticket to selling your house.' Schoenberg said.

Schoenberg explained that many smart home fixtures only cost a few hundred dollars, and shelling out that small amount of cash could make a big difference when it comes time to sell your home.

What is Smart Home Technology?

As explained by Zillow, smart home technology refers to home automation products that homeowners can use to control and monitor anything in their homes, from security systems, lighting and cooking to temperature control.  There is a Wi-Fi slow cooker, an automated personal assistant, and there is even an automated device that allows you to check in on and talk to your pet while you're at work.  

Does Smart Technology Increase Home Value?

Whether smart home technology increases a home's value or simply increases its appeal is still up for debate.

Other experts are not so sure if this technology will really encourage buyers to pay more for a property, but many say that it will make buyers want it more.

3 Smart Home Phrases to Know:

IoT (Internet of Things): This buzzword describes automated devices like lights, thermostats and locks that work together and are connected by the internet.

Hub: A hub is like a universal remote.  The main device that connects all of the different smart products together so they're all automated.

Smart Meter: These electric and gas meters help homeowners monitor their utility usage by sending real time meter readings.



Victor DeFrisco Headshot
Author:
Phone: 561-951-3759
Dated: September 7th 2016
Views: 116
About Victor: ...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Buying Is Now 26 Percent Cheaper Than Renting In The US - The results of the latest 
How Much Has Your Home Increased In Value - Home values have risen
New Listing 7712 Park Lane Road Lake Worth FL 33449 - New Listing!!!!This beautiful
Sep 23 2018 58263 2 - Home Flips Plunge as

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Exit Realty Premier Elite
8961 Hypoluxo Road
Lake Worth, FL
561-701-8124


Other Locations