Leveraging Smart Technology to Improve Resident Experience in Multifamily Properties
Smart technology is not only a trend, but also a necessity in today’s multifamily market. More and more renters are looking for apartments that offer convenience, security, comfort, and sustainability through smart devices and systems. As a multifamily property owner, manager, or developer, you can leverage smart technology to improve resident experience and satisfaction, as well as increase your property value and operational efficiency.
What is smart technology for multifamily properties?
Smart technology for multifamily properties refers to internet-powered devices and systems that automate and enhance various aspects of residential life. These include smart locks, thermostats, lighting, water sensors, access control, wifi, and more. These devices are connected to a central platform that allows property managers and residents to control and monitor them remotely through their smartphones or other devices.
What are the benefits of smart technology for multifamily properties?
Smart technology can provide multiple benefits for both property managers and residents, such as:
Convenience: Smart technology can simplify daily tasks and routines for residents, such as unlocking doors, adjusting temperature, turning on/off lights, and managing deliveries and guests. Property managers can also benefit from smart technology by automating mundane tasks, such as rekeying locks, scheduling maintenance, conducting self-guided tours, and collecting data and analytics.
Security: Smart technology can enhance the safety and security of residents and properties by providing features such as digital doorman, mobile access control, automated water sensors, and building-wide wifi. These features can prevent unauthorized access, detect leaks and floods, alert residents and managers of emergencies, and provide reliable internet connection.
Comfort: Smart technology can improve the comfort and well-being of residents by allowing them to customize their living environment according to their preferences and needs. For example, smart thermostats can automatically adjust the temperature based on occupancy, weather, and time of day. Smart lighting can create different moods and ambiances with dimming and color options. Smart water sensors can conserve water and reduce utility bills.
Sustainability: Smart technology can also contribute to the environmental sustainability of multifamily properties by reducing energy consumption and waste. Smart devices can optimize the use of resources by turning off or adjusting when not in use or needed. Smart systems can also collect data and provide insights on how to improve the efficiency and performance of the property.
How to implement smart technology in multifamily properties?
Implementing smart technology in multifamily properties does not have to be complicated or costly. Here are some steps to follow:
Identify the smart devices and systems that best suit your property type, size, location, budget, and target market. You can start with the most popular and demanded ones, such as smart locks, thermostats, lighting, and access control.
Ensure that your property has a strong and reliable wifi connection that covers the whole building. You may need to invest in wifi extension hubs or 5G small cells to ensure uninterrupted connectivity for all smart devices.
Choose smart devices that are compatible with the Internet of Things (IoT), which means that they can communicate with each other and with a central platform. This will allow you to integrate and manage all your smart devices from one place.
Install and configure your smart devices according to the manufacturer’s instructions. You may need to hire a professional installer or partner with a smart technology provider to ensure proper installation and setup.
Educate your staff and residents on how to use and benefit from your smart devices. You may need to provide training sessions, manuals, videos, or online support to help them get familiar with the features and functions of your smart technology.
Conclusion
Smart technology is a powerful tool that can improve resident experience in multifamily properties by providing convenience, security, comfort, and sustainability. By leveraging smart technology in your property, you can also increase your property value, optimize your operational efficiency, and gain a competitive edge in the multifamily market.
I hope this article was helpful and informative for you. If you have any questions or feedback, please feel free to contact me or leave a comment below. For more information on connected design, visit www.navigateforward.us or go-ensemble.com
