Multifamily Smart Home

How is smart home tech changing

your multifamily properties?

About 69% of single family homes use smart home tech in 2022. Far fewer apartments use it, but the number is growing quickly.

Please fill out the following questions:

What type of properties do you operate, own, or manage? *

Class A luxury

Class B (reposition, stabilized multifamily)

Class C

Affordable (section 8, tax credit)

Senior housing (55+, assisted living)

Student housing

Best describes my role in our company *

I work onsite at a property

I supervise multiple properties

I work in an executive position at the corporate office

I own the property

What research have you done to understand smart home technology?

Watched a webinar

Attended an event with a smart home technology panel

Talked with a smart home technology company

Internet research (Googled it)

None of the above

How comfortable are you with smart home technology? *

Extremely comfortable

Very comfortable

Somewhat comfortable

Not at all comfortable

Our company... *

Manages for others (third party management)

Owns properties and utilizes third party property management

Owns properties and manages our own portfolio

Do you have any properties in the pipeline for development? *

Yes

How likely are you to purchase a smart home product for multifamily within the next 12 months? *

Extremely likely

Very likely

Moderately likely

Not likely

What prevents you from equipping more units with smart home technology?

Not enough value for the residents

Not enough value for the owner/operator

Too expensive to set up

Not sure how to move forward effectively

Waiting for permission from another party (owner, CEO, etc.)

Waiting for a larger renovation

What smart home technologies and devices have you used personally at your residence?

Door locks

Thermostats

Alarms (motion sensors, cameras, etc.)

Lighting

Sensors (smoke or leak detectors)

Home routines and automations (Alexa/Google Home)

Doorbells (such as Ring)

Smart appliances

What smart home devices and technologies have you implemented in multifamily?

Door locks

Thermostats

Alarms (motion sensors, cameras, etc.)

Lighting

Sensors (smoke or leak detectors)

Home routines and automations (Alexa/Google Home)

Doorbells (such as Ring)

Smart appliances

Which smart home devices and technologies do you believe are most important for multifamily?

Door locks

Thermostats

Alarms (motion sensors, cameras, etc.)

Lighting

Sensors

Home routines and automations (Alexa/Google Home)

Doorbells (such as Ring)

Smart appliances

Have you dealt with damages caused to a unit(s) from fire or water? *

Yes

What would make you comfortable adding smart home technology to your portfolio?

A clear, thought-out plan to implement it that details how it saves money and increases value

Wider adoption across the multifamily industry

A larger renovation project happening that smart home would be a part of

More capital or more affordable smart home technology options

Having a solutions partner that supports you after the sale as products evolve

I will not add smart home technology to my portfolio

How do you select a smart home technology provider?

Demo the product

See the product installed on an existing building

Review testimonials

Compare pricing structures

Use the widely adopted company

Use the company that best understands the product

Use the company that has the best service

Use the company that best understands our company needs

Any additional thoughts or comments on smart home?

First Name *

Last Name *

Company *

Email *

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