When applying for a loan or line of credit, your lender will need to access your credit history and credit score from one or more credit reporting bureaus (e.g., Experian, Equifax, and Transunion).
Smart Home Products: Are They Right for You and Will They Help Sell Your Home
A growing number of homeowners are being drawn into the world of smart technology. From smart lights to smart assistants, the cool features and convenience these products provide has mass appeal, but unfortunately, many of these consumers also find the technical jargon and vast options to be quite intimidating.
Here’s a quick guide to help you get past these technicalities, so that you can start taking advantage of smart home products that will work for your lifestyle.
How Do These Devices Communicate?
Not all smart devices communicate on the same network. Some networks like Insteon can communicate via a Wi-Fi network or existing electrical wiring, but others like Z-Wave and Zigbee operate solely over Wi-Fi networks. The biggest thing to keep in mind is that compatibility issues may exist and therefore it’s something that you need to consider when purchasing new smart products.
Which Devices Actually Simply Your Life?
Smart home devices have greater variability with each passing day and now include, smart lights, security systems, vacuums, etc. Even though the majority of newer products are compatible with older products, there is no need to worry if everything isn’t compatible from the get-go. When compatibility is an issue, there are alternative ways of making things work such as by using smart home hubs.
Here’s a quick breakdown of products and their respective functions:
1. Security Systems
If you only plan on investing in one smart home product, you should consider making it a security system that includes security cameras. These systems greatly facilitate your ability to keep an eye on everything in and around your house while you’re away. Also, don’t forget that simply having a security system in place can deter the actions of a person with malicious intent.
2. Smart Lighting
These products are great for people who frequently travel and/or would simply like an easier way to manage their lighting around the house. Smart lighting allows you to control your lights by means of a mobile application. This of course allows you to control your lighting from anywhere in the world, as long as you have cellular data or a Wi-Fi connection. This smart home product has been on the market for a while now, so there are a number of different options that can accommodate your budget.
3. Smart Assistants
These voice-activated devices can communicate everything from news to the weather. They can also be used to control your smart, play music, and so much more. While these devices have varying degrees of intricacy, one of the most important differences for consumers is often the output levels of the integrated speakers.
4. Smart Power Strips and Outlets
These smart home products are probably one of the easiest and most affordable ways of integrating smart tech into your home. With smart outlets, you can control the flow of power to and from a device. Gone are the days that you have to worry or drive back because you’re unsure if you turned off the iron. Now, you can just turn off the outlet with your smart phone.
5. Smart Thermostats
Do you prefer your house to be cooler at night, but warmer in the morning? A smart thermostat will learn exactly how like your home to feel just after a few days and will make these changes automatically. Just as with other smart tech, these devices can be controlled from your phone or by using voice commands with your smart assistant. They can be great energy savers and should be a must-have item for anyone looking to make their home more energy efficient.
6. Smart Appliances
Nowadays, you can connect nearly everything from ovens to washers & dryers. Most of will alert you through your smartphone when something has finished cooking or if a load of laundry is ready to go into the dryer. These kinds of home tech are ideal for any homeowner that has a very busy schedule and is juggling many things at a time.
Will Smart Home Tech Improve the Resale Value of Your Home?
Smart products will likely not boost your home’s resale value, but they can help your home standout and sell faster. The biggest obstacle to leveraging this tech in the resale of your home will likely be the real estate agent’s ability to understand and explain the products to prospective buyers. If the agent is unable to do so, then the unfamiliarity or overly complicated appearance of nest thermostats, security systems, etc. might actually scare some people away.
If you’re interested in buying or selling a home, please give us a call 818-523-4353. We’d love to help!
I have dedicated myself to the real estate industry for the past 11 years. I pride myself in the patience and honesty i provide to my clients. Finding a home can be very stressful and time consuming a....
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