Top 100 List
Don't just take my word for why Smart Property Technology is changing the game for Owners and Property Managers - See what the experts are saying in this insightful to the point report.
Here's 100 things to be re ecting on when you consider this investment.
Jeff Hoch
1. Resident Satisfaction: 68% of renters are more likely to rent a unit equipped with smart home features (NMHC/Kingsley).
2. Energy Savings: Smart thermostats can save residents up to 10-12% on heating and 15% on cooling costs annually (Nest).
3. Water Protection: Properties with smart leak detection systems reduce water damage incidents by 93% (Water Research Foundation).
4. Security Enhancement: Properties with smart locks experience a 50% reduction in break-ins and unauthorized entries (Safewise).
5. Operational Ef ciency: Property managers using smart technology report a 30% reduction in maintenance costs (NAA).
6. Vacancy Reduction: Buildings with smart amenities have a 5-10% lower vacancy rate (National Apartment Association).
7. Higher Rents: Multifamily properties with smart home features can charge 3-5% higher rents (Rently).
8. Quick Turnover: Smart technology reduces unit turnover time by 20% due to ef cient maintenance and management processes (Zego).
9. Resident Retention: 61% of renters say smart technology makes them more likely to renew their lease (RentPath).
10. Insurance Savings: Properties with smart security systems can reduce insurance premiums by 5-15% (Insurance Information Institute)
11. Utility Management: Smart meters and energy management systems can reduce energy consumption by up to 30% (Department of Energy).
12. Preventative Maintenance: Smart sensors enable predictive maintenance, reducing equipment failure by 40% (McKinsey).
13. Waste Reduction: Smart waste management systems can reduce waste collection costs by 20-30% (Bigbelly).
14. Remote Access: 78% of property managers report increased convenience and operational ef ciency with remote access controls (Entrata).
15. Tenant Attraction: 47% of renters consider smart home technology an important factor in their rental decision (NMHC).
16. Operational Savings: Smart building technologies can reduce overall operating costs by 10-15% (Urban Land Institute).
17. Resident Safety: Properties with smart re detection systems see a 25% reduction in re-related incidents (NFPA).
18. Environmental Impact: Smart technologies can reduce a building’s carbon footprint by 20-30% (EPA).
19. Water Conservation: Smart irrigation systems can reduce water usage by 3050% (EPA).
20. Improved Air Quality: Smart HVAC systems can improve indoor air quality by up to 30% (ASHRAE).
21. Noise Reduction: Smart soundproo ng technology can reduce noise complaints by 40% (JLL).
22. Guest Management: Smart intercom systems improve guest access management, reducing unauthorized entries by 50% (Butter yMX).
23. Asset Protection: Properties using smart surveillance see a 25% decrease in vandalism (SafeWise).
24. Sustainability: Smart buildings use 1525% less energy than traditional buildings (USGBC).
25. Cost Savings: Smart lighting systems can save up to 50% on lighting costs (Energy Star).
26. Enhanced Comfort: Smart home technology increases resident comfort by maintaining optimal living conditions (Harvard Joint Center for Housing Studies).
27. Tech Integration: 54% of property managers plan to invest in smart home technology within the next three years (Deloitte).
28. Energy Monitoring: Real-time energy monitoring can reduce energy costs by 10-20% (Energy.gov).
29. Smart Thermostats: Installation of smart thermostats can save properties $131-$145 annually per unit (Nest).
30. Property Value: Smart technology can increase property value by up to 5% (Zillow).
31. Remote Troubleshooting: 75% of maintenance issues can be diagnosed remotely with smart technology (National Apartment Association).
32. Tenant Engagement: Smart property apps increase tenant engagement and satisfaction by 25% (Buildium).
33. Accessibility: Smart home technology improves accessibility for disabled residents, enhancing quality of life (Disabled Living Foundation).
34. Reduced Downtime: Smart systems reduce maintenance downtime by 2030% (McKinsey).
35. Improved Productivity: Property managers report a 15% increase in productivity with the use of smart technology (Entrata).
36. Air Quality Monitoring: Smart air quality monitors reduce health complaints by 40% (Harvard).
37. Enhanced Amenities: 53% of renters are willing to pay more for properties with smart amenities (NMHC).
38. Predictive Analytics: Using predictive analytics, properties can reduce unexpected maintenance costs by 50% (Gartner).
39. Improved Leasing: Smart leasing systems increase lease conversions by 20% (Entrata).
40. Resource Management: Smart resource management systems reduce utility expenses by 15% (U.S. Green Building Council).
41. Maintenance Ef ciency: Smart maintenance scheduling improves ontime completion rates by 25% (Buildium).
42. Resident Privacy: 60% of residents feel more secure with smart security systems (SafeWise).
43. Occupancy Monitoring: Smart occupancy sensors optimize space utilization, reducing costs by 15% (Gartner).
44. Eco-Friendly: Smart buildings produce 34% fewer greenhouse gases (EPA).
45. Investment Appeal: 58% of investors are more likely to invest in properties with smart technology (CBRE).
46. Water Leak Reduction: Smart water systems can reduce water leaks by 90% (Water Research Foundation).
47. Energy Ef ciency: Smart building systems improve energy ef ciency by 2030% (DOE).
48. Cost Ef ciency: Implementing smart technologies can reduce operational costs by up to 30% (Urban Land Institute).
49. Smart Sensors: Installation of smart sensors can decrease maintenance costs by 25% (McKinsey).
50. Rent Growth: Properties with smart tech report 2-3% higher rent growth annually (Rently).
51. Remote Monitoring: 82% of property managers nd remote monitoring crucial for ef cient operations (Entrata).
52. Regulatory Compliance: Smart technology helps ensure compliance with energy and safety regulations, reducing nes by 50% (EPA).
53. Energy Audits: Smart energy audits identify savings opportunities, reducing energy costs by 10-20% (DOE).
54. LED Lighting: Smart LED lighting systems can reduce energy consumption by up to 75% (Energy Star).
55. Smart HVAC: Smart HVAC systems can improve energy ef ciency by 20-30% (ASHRAE).
56. Tenant Security: 70% of renters feel safer with smart security features (SafeWise).
57. Data Insights: Smart technology provides valuable data insights, improving decision-making by 30% (Gartner).
58. Asset Management: Smart asset management systems reduce operational costs by 15-20% (Urban Land Institute).
59. Proactive Maintenance: Smart technology enables proactive maintenance, reducing repair costs by 25% (McKinsey).
60. Energy Star Ratings: Buildings with smart technologies are more likely to achieve Energy Star ratings, improving marketability (Energy Star).
61. Real-Time Alerts: Real-time alerts from smart systems prevent 60% of potential issues before they occur (Zego).
62. Smart Locks: Properties with smart locks experience a 40% reduction in lockouts and related incidents (Rently).
63. Green Building: Smart technology contributes to green building certi cation, enhancing property value (USGBC).
64. Operational Analytics: Smart analytics improve operational ef ciency by 20% (Gartner).
65. Insurance Compliance: Smart systems ensure insurance compliance, reducing premium costs by 10-15% (Insurance Information Institute).
66. Predictive Maintenance: Predictive maintenance systems reduce equipment downtime by 50% (McKinsey).
67. Smart Irrigation: Smart irrigation systems can reduce water usage by up to 50% (EPA).
68. Occupant Satisfaction: Smart building occupants report 15-20% higher satisfaction rates (JLL).
69. Energy Benchmarking: Smart energy benchmarking reduces energy costs by 1520% (DOE).
70. Fire Safety: Smart re safety systems reduce re-related damages by 30% (NFPA).
71. Tech Adoption: 66% of multifamily properties plan to adopt smart technology within the next ve years (NMHC).
72. Smart Grids: Integration with smart grids can reduce energy costs by 20-30% (DOE).
73. Ef cient Heating: Smart heating systems improve ef ciency by 20-30% (Energy Star).
74. Reduced Carbon Emissions: Smart buildings reduce carbon emissions by 20-30% (EPA).
75. Tenant Feedback: Smart tenant feedback systems improve resident satisfaction by 25% (Buildium).
76. Renewable Integration: Smart buildings integrate renewable energy sources, reducing energy costs by 10-20% (DOE).
77. Lighting Control: Smart lighting control systems reduce lighting energy use by 2040% (Energy Star).
78. Smart Appliances: Smart appliances can save up to 30% on energy costs (Energy Star).
79. Noise Monitoring: Smart noise monitoring systems reduce noise complaints by 30% (JLL).
80. Access Control: Smart access control systems improve security and reduce unauthorized access by 40% ( Butter yMX).
81. Utility Savings: Smart utility management systems reduce utility costs by 15-20% (U.S. Green Building Council).
82. Maintenance Requests: Smart maintenance request systems improve response times by 30% (Buildium).
83. Real-Time Data: Real-time data from smart systems improves operational decisions by 25% (Gartner).
84. Occupancy Trends: Smart occupancy tracking optimizes space usage, reducing costs by 15% (Gartner).
85. Energy Storage: Smart energy storage systems reduce energy costs by 10-15% (DOE).
86. Preventative Alerts: Smart preventative alerts reduce maintenance emergencies by 50% (Zego).
87. Smart Cameras: Properties with smart cameras experience a 30% reduction in vandalism (SafeWise).
88. Ef cient Cooling: Smart cooling systems improve ef ciency by 20-30% (ASHRAE).
89. Lighting Ef ciency: Smart lighting systems improve energy ef ciency by 20-30% (Energy Star).
90. Resource Allocation: Smart resource allocation reduces operational costs by 15-20% (Urban Land Institute).
91. Remote Management: 78% of property managers report improved ef ciency with remote management tools (Entrata).
92. Insurance Compliance: Smart systems ensure compliance, reducing insurance premiums by 1015% (Insurance Information Institute).
93. Carbon Reduction: Smart buildings reduce carbon emissions by 20-30% (EPA).
94. Water Ef ciency: Smart water systems improve water ef ciency by 20-30% (EPA).
95. Green Certi cations: Smart buildings are more likely to achieve green certi cations, enhancing property value (USGBC).
96. Smart Thermostats: Smart thermostats improve energy ef ciency by 20-30% (Energy Star).
97. Operational Data: Smart operational data improves decision-making by 25% (Gartner).
98. Energy Audits: Smart energy audits identify savings opportunities, reducing energy costs by 1020% (DOE).
99. Tech Integration: 54% of property managers plan to invest in smart technology within the next three years (Deloitte).
100. Smart Sensors: Installation of smart sensors decreases maintenance costs by 25% (McKinsey).
These statistics highlight the various bene ts of integrating smart property technology in multifamily housing, emphasizing cost savings, improved ef ciency, and enhanced resident satisfaction.
Schedule a call with me to discuss your speci c property and tech objectives - Visit https://www.calendly.com/jeff-hoch/30min