Multifamily Smart Home Automation Solutions from SmartRent
by Demetrios Barnes, SmartRent
I n 2017, SmartRent set out to cre- ate software targeted specifically to the multifamily industry to allow users to manage an array of smart home devices and other third-party software using just one platform. Today we are proud to offer an en- terprise solution that allows owners, operators and staff enhanced visi- bility, better control and increased efficiency in day-to-day property operations while providing residents the ability to manage multiple smart devices and enjoy the benefits of smart home automation using one app. With 70,000+ smart homes (and growing) installed across the United States, SmartRent continues to expand its reach and develop robust product offerings and integrations for our clients. We’ve secured partnerships with industry leading investment funds, such as the Amazon Alexa Fund, which have provided additional de- velopment and technology resourc- es, enabling us to continue creating and offering new features. We con- tinue to introduce industry-leading innovations, such as self-guided property tours and access control systems to enhance your return on investment and reduce common operational inefficiencies that pain property owners and managers. In addition to our mobile-friendly web
platform, we also offer a native mobile application that allows property owners and staff to audit work orders, manage access, move residents in or out, and more, all from their mobile device. The SmartRent platform allows for efficient management of a suite of IoT devices that can be easily transferred to end users, which reduces the need for go-backs and warranty claims, adds value to your properties and provides an attractive upgrade for residents. SmartRent offers a wide range of solutions, including complete community-wide access control through a seamless keyless ex- perience and management dash- board; asset protection using smart sensors, alerts and notifications; property optimization utilizing au- tomations and scheduling features; the ability to offer self-guided tours for vacant units and more. RESIDENT BENEFITS The smart home automation industry has received an over- whelmingly positive response from consumers who experience efficiencies, such as energy and cost savings, through IoT devices. Many consumers already enjoy the benefits of automation in their daily
lives through connected devices like speakers, locks, doorbells, cameras, and thermostats, and this is just the beginning. Industry research estimates that by the end of 2023 there will be more than 6.4 billion smart home devices in use, accounting for approximately $157 billion in spending. However, there is an inefficiency in these platforms: they require users to switch be- tween multiple apps to complete IoT device-related tasks. In addition, renters are precluded from enjoy- ing the benefits of many of these devices because they are not able to install in homes or apartments they do not own. SmartRent tackles these issues head on by offering IoT devices and services for rent- al properties, enabling renters to experience smart home benefits they are willing to pay a premium for. In a recent study, 86% of renters indicated that they would be willing to pay more for a unit outfitted with automated or remote-controlled devices. With SmartRent, residents have access to the automations and connectivity they desire and the ability to control their home through just one app. • Find out how you can turn your property into a connected commu- nity by contacting SmartRent today!
INVESTOR REVIEW :: 9
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