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Smart Realtors Need to Understand Smart Homes

June 27 2019

smart home controlA few days ago, I had a call from an agent. We discussed the many reasons why an agent needs to include new homes to show prospective buyers. When I mentioned "smart homes," she stopped me and said there needs to be a seminar on smart homes and just how much a Realtor needs to know.

I agreed, and after the call I started doing some research on smart homes and what homebuyers are looking for in a smart home. But first I wanted to understand the market, so I visited the National Association of REALTORS® website to look at who is buying homes currently. Millennials, the generation born between early 1980s and 1990s, make up the largest generational group of homebuyers. I decided to start there with what Millennials are looking for in a home.

After reviewing a bunch of surveys, the one common thread was what I call smart home technology. I strongly believe REALTORS® need some basic knowledge in the following areas of smart home technology. Each buyer will have their own order of importance, but here are my top five categories of smart home technology:

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