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Smart home technologies are revolutionizing real estate. According to a recent study, about 69% of U.S. households have a smart home device. Out of the 83 million households with smart devices, 22 million homes have more than one smart home gadget.

Homeowners are not the only people benefiting from smart home technologies. Realtors are also trying to capitalize on the emergence and development of this technology. They are using it to improve their prospects in the competitive real estate space.

As a real estate agent, how can you leverage smart home technology in your exploits? This post will explore smart homes, as well as how smart home technologies can help you close more and better deals.

What Is a Smart Home?

A smart home is a house with various internet-connected devices to monitor and manage it. Smart home tech allows homeowners to do more within a short period. These devices include automatic lighting, smart blinds, water leak detectors, and so on.

Automated Homes Are Charming Millennial Buyers

Real estate agents struggle to capture millennial homebuyers. However, this young generation is becoming more fascinated with smart home technologies.

Statistics show that about 47% of millennials have one or more smart home appliances. They are the key drivers of smart home technology. As a result, millennials are more interested in renting or buying smart homes.

Consequently, real estate agents now have an angle to charm the tough market segment of millennials.

Fully-Laden Smart Homes Are Selling  Fast

According to a recent study, the average home spends about 60 days on the market. Others may even take longer to sell depending on their condition, location, and price.

However, smart home technology can reduce the amount of time a property will stay in the market significantly.

Homebuyers do not like to install these devices in their homes. They are more interested in homes that are coming pre-installed with smart tech appliances.

The functionality of automated homes is intriguing to potential home buyers. As soon as they experience it, they want a house with smart home gadgetry.

Real estate agents can adopt this technology to improve their trade. Encouraging homeowners to install these devices on their properties will undoubtedly speed up home sales.

Since some homeowners are yet to interact with this technology, a real estate agent should be conversant with it. They can suggest the kind of tech that will help sell a property fast.

Smart Homes Are Fetching Higher Prices

Smart home products can increase the value of a home. If you ensure that the owner has upgraded their home with smart home appliances, you can sell it for more.

Homebuyers are willing to pay more for homes with smart home technology. Part of this is because smart devices are making homes more secure and efficient. The idea of giving an appliance a voice command to get something done is irresistible to most consumers.

If you have been looking for ways to boost the marketability of homes, smart home technology will make a difference in your business.

Smart Homes Are Attracting a Variety of Buyers

The competition in the real estate market makes it tremendously challenging to attract potential customers. Smart home technology is changing that trend gradually.

If you have recently installed smart home products in a home …….

Source: https://realtybiznews.com/how-smart-home-technologies-can-help-real-estate-agents/98770808/

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