Real estate agents are still struggling to explain the benefits and drawbacks of smart home technology and how to transfer control of these systems to the next homeowner. To ensure a smooth transition for both the buyer and seller, listing agents should have a comprehensive list of all systems and be able to explain how to reset them before handing them over to the new owner. The turnover of “digital keys” should be a contractual obligation, though this may be easier said than done for less-informed agents. In addition, previous owners may still have access to certain smart home features, resulting in a potentially difficult transition.

Demand for smart home technology in real estate

According to a recent study, a majority of consumers say they prefer homes with smart technologies. These include automatic lighting, smart blinds, and water leak detectors. These technologies help homeowners save time and money by making … READ MORE ...