Please wait as we prepare your PDF file ....

Mission Chronicle Blog

Search Blog

our goal is to help you stay informed by providing timely and interesting articles.

Smart home tech is not just for luxury renters

11/12/2018

Download PDF

Smart home tech is not just for the luxury market these days. Renters in 30,000 existing apartments are about to get an array of new smart home features, including Amazon Echo Dots, installed for free, thanks to a new partnership between a major landlord and a tech startup.

Zego CEO Adam Blake | Credit: LinkedIn

The apartments are spread out across Dallas, Orlando, and other parts of Texas and Florida, according to Adam Blake,CEO of Zego, the company that will be handling the smart home tech.

Blake told Inman that the technology will include features such as smart locks and thermostats. And of course, some devices that rely on Amazon’s virtual, voice-activated assistant Alexa.

The technology will roll out in units owned by S2 Capital, a company that describes itself as specializing “in buying B- and C-quality assets that are under leased and poorly managed in markets with positive demographics, strong submarket rent and occupancy growth.”

Blake described the apartments getting the tech as “workforce housing” that was built in the 1970s and 1980s. He added that it is unique to install an array of smart home technology in units that aren’t aimed at the luxury market.

From rock bottom to rocking my market How working on my personal development saved my life and my business READ MORE

“It’s more modern technology than people in that demographic and that price point are used to seeing,” Blake said of the apartments.

People living in the the apartments will interact with their new smart devices through Zego’s app. Blake described the app as device agnostic, saying Zego can work with technology produced by different companies.

Other tasks that can be performed on the app include controlling lighting and outlets, and reserving amenities in the apartment complex. It will also facilitate communication between residents and management.

“It’s a better way to communicate with a property manager than an email or a phone call,” Blake said.

In a statement, S2 Capital founder and CEO Scott Everett described Zego as a “trailblazer in its ability to deliver on the promise of a holistic resident app experience, enabling us to provide residents what they want from their smart apartment, as well as what property managers need.”

Zego, which has deployed its smart home platform in tens of thousands of units across the US, has a 3-year contract with S2 Capital.

Blakes said that in addition to being helpful for residents, Zego’s technology improves efficiency at apartment complexes and may offer a stronger return on investment than conventional remodeling strategies such as installing new cabinets.

“Doing smart home tech,” Blake added, “is a pretty inexpensive way to give a digital face lift and some marketing sizzle to these properties.”

Email Jim Dalrymple II

Source: click here

Read More

INSPIRED, INTELLIGENT, INSIGHTFULL

STAY INFORMED WITH TIMELY AND INTERESTING ARTICLES FROM OUR BLOG, MISSION CHRONICLE. OUR ASPIRATION IS TO PROVIDE REALTORS AND OTHER REAL ESTATE INDUSTRY PROFESSIONALS WITH EXCEPTIONAL RESOURCES AND SHARE OUR KNOWLEDGE TO PROPEL YOU TO YOUR GOALS.

  • Mission Chronicle Newsletter July 24, 2023

    Mortgage rates continued to press downward last week after the previous week's CPI data pointed to e...

  • Mission Chronicle Newsletter Feb 20, 2023

    Despite the recent downward trend in mortgage rates and hopes that the Fed was nearing the end of it...

  • Mission Chronicle Newsletter Feb 6, 2023

    The Federal Reserve meeting ended as market participants expected, with a quarter-point increase and...

  • Mission Chronicle Newsletter Dec 26, 2022

    Mortgage rates held relatively steady last week as most economic news came in better than expected.C...

  • Mission Chronicle Newsletter Dec 12, 2022

    Rates managed to move slightly downward last week as recession fears grew amid hopes that the Fedis ...

  • Mission Chronicle Newsletter Dec 5th 2022

    Mission Chronicle Newsletter Dec 5th 2022. Platforms: Browser, mobile-responsiveIdeal for: Leasing a...

  • Inman Review: Tenants and leasing teams get better connected with RentTango

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • Tech Review: Smart Alto puts people first in its innovative lead qualification solution

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • Refreshed and nurture-savvy, Market Leader’s CRM deserves your attention

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • The top 4 tips to improve your negotiation skills

    In today’s luxury real estate market, strong negotiation skills are an asset—you might even say ...

March 2024
Mon Tue Wed Thu Fri Sat Sun
 123
45678910
11121314151617
18192021222324
25262728293031

  • Polls

    What information you are looking for?

    View Results

    Loading ... Loading ...
  • Last month Results

    How Is My Site?

    • Good (100%, 3 Votes)
    • Excellent (0%, 0 Votes)
    • Bad (0%, 0 Votes)
    • Can Be Improved (0%, 0 Votes)
    • No Comments (0%, 0 Votes)

    Total Voters: 3

    Vote

    Loading ... Loading ...