Staging with Smart HomeTech: 4 Tips from the Experts at WallyLABS

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Real Estate Technology with WallyLABS

 

Furniture, paint, flowers and the plate of cookies have been a mainstay of staging a home for many years, but in the last couple of years smart home technology has become more prevalent and a great way to add real( not just perceived) value to a residential offering. Behind all of this is a new and rapidly expanding industry called the Internet of Things (IoT) and  with this comes sensors and intelligence being built into everything from cars to baseball caps.  So how does a real estate Broker or Agent know what smart home technologies will add value and appeal to their listing? We asked the experts at WallyLABS for some tips and these are the four that topped their list.

 

  1. FUNCTION OR FUN?:  In the IoT world we talk about “Peace of Mind” when we categorize certain smart home technologies.  If the product prevents or mitigates loss from water, fire or theft, it addresses a basic human need to feel safe and secure. Lights that change colors and automated shades are fun, but have no function other than a “cool” factor. Staging the home for peace of mind is a sure way to meet those basic needs and show potential buyers how to protect their investment.

 

  1. CAN I GET SOME HELP HERE?:  In the same way a Home Warranty covers major appliance and HVAC failures, it’s far more appealing to a buyer that a sensing device that does more than just alert you to a problem. As a fire or security system can dispatch a fire truck or a police unit if an incident occurs, the  Wally Rapid Response service will diagnose a leak and dispatch a certified plumber, if necessary. Staging with smart home technology that provides an end-to-end solution has real value to a buyer.

 

  1. HOW MUCH SMART IS SMART?:  Be smart about staging smart! As with any staging updates, make sure you don’t go overboard by upstaging the value of the homes in the neighborhood.  IoT devices can span a wide range of costs and easily be more than you need or more than you can recoup in sale.  You also don’t want to have too many competing products that reduce the overall appeal and add unnecessary complexity. Popular items are thermostats, smart door locks, and devices that protect (water, fire, security). Does the property need an Alexa and camera in every room? Probably not, and the expense would outweigh the benefit. Apply smart devices to what makes sense in the neighborhood and to the home value.

 

  1. KEEP IT SIMPLE TO USE AND TRANSFER:  Do a little research, make sure the devices and their apps are easy to use and easily transferable to the new homeowner. The value factor is lost if the technology is confusing or too technical.  A relative recently bought a popular smart thermostat, and it was so confusing he ended up taking it out and replacing it with his old manual model. When you need help, there are now smart home installers around the country who are reasonably priced and stay on top of what’s new in this rapidly changing market. Hiring a professional will ensure the install is correct and you can get educated in how to best use the features of the technology.

 

There’s no doubt that smart technology has arrived, and like automobiles, more and more remodeling, accessorizing, and new home construction will include smart home technology installed in each home. Homeowners and builders have realized the “value-add” that marketing a smart home can bring to the properties sale price. By following the above tips from the team at WallyLABS, any home can be retrofitted to be a smart home, adding real value and a “wow” factor to the listing!

To help you get started WallyLABS is offering their Starter Kit (which monitors for water leaks, changes in temperature and humidity, and the ability to detect when a door or window opens and closes) with a special ActiveRain offer of 10% off! Just go on Sears.com or Amazon.com, use the code below, and make your listing smart today! Wally Starter Kits also make for a great client gift!


CODE: WALLYTEN

Valid through 05/31/2017 on one Wally Starter Kit - One Redemption Per Customer

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Rainmaker
1,465,419
Sybil Campbell
Long and Foster REALTORS® 5234 Monticello Ave Williamsburg, Virginia - Williamsburg, VA
REALTOR® ABR, SFR, SRES Williamsburg, Virginia

Hi WallyLABS LLC, welcome to Active Rain and congrats on your first blog.  This is a great place to meet, learn from and interact with awesome professionals.

Mar 25, 2017 09:35 AM #2
Ambassador
2,672,434
Paul S. Henderson, REALTOR®,CRS,
RE/MAX Professionals. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

Welcome to ActiveRain WallyLABS LLC. You make some great points here. I encourage you to keep blogging and commenting.

 

Mar 25, 2017 05:19 PM #3
Ambassador
3,926,906
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Welcome to ActiveRain WallyLABS LLC.

This is The Best place to learn, share and build relationships with like-minded professionals.

Mar 25, 2017 10:03 PM #4
Ambassador
3,926,906
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

I have seen this - any technology devices for the smart home should be easily transferrable to the new owners and should be done right.

Mar 25, 2017 10:04 PM #5
Rainmaker
862,708
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Welcome to Activerain and for posting your first blog. Wishing you all the best on your business and thank you for offering the special discount to AR members.

 

Mar 25, 2017 11:04 PM #6
Rainmaker
639,807
Lauren Selinsky Broker CRS
California Coastal Estates - Aliso Viejo, CA
"Your California Real Estate Broker" TM #oclauren

Something to think about...

How long does the code last?

Welcome to ActiveRain!

Following you now.

Lauren Selinsky

Mar 26, 2017 06:13 PM #7
Rainmaker
20,530
WallyLABS LLC
WallyLABS - Seattle, WA
Smart Home Water and Temperature Technology

Hi Lauren...the code is good until the end of April but we'll try to offer up ongoing deals the real estate professionals.  Thanks!

Patrick Ferrell

Mar 26, 2017 07:36 PM #8
Rainmaker
1,328,103
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Los Angeles CA

Patrick,

Welcome to our blogging community! 

Congratulations on your first post! 

Mar 27, 2017 01:02 AM #9
Ambassador
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Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams fox cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Thanks for the tips Patrick!

Welcome to Active Rain, looking forward to reading many more of your posts, let me know if there is anything that I can do to help as you get started here.
All the best of success to you.
Bob

Mar 28, 2017 10:24 PM #10
Rainmaker
310,790
Teri Pacitto
Compass - Westlake Village, CA
Real Estate, Your Style...Your Home...My Specialty

Great info and welcome to the rain.  I look forward to hearing more from you.  

Apr 03, 2017 04:39 PM #11
Rainer
401,789
Dörte Engel
RE/MAX Leading Edge - Bowie, MD
ABC - Annapolis, Bowie, Crofton & rest of Maryland

Dear Patrick,

Call me old fashioned, but I kinda like dumb technology that still works, when the electricity is out or a volcanic erruption is obscuring the satellites.

Apr 03, 2017 07:37 PM #12
Rainmaker
335,436
John Wiley
Right Move Real Estate Group- EXP Realty - Fort Myers, FL
Lee County, FL Real Estate GRI, SRES,GREEN,PSA

Technology in the right place at the right time can be a tremendous boost and comfort in our lives.

I just do not want technology to control my life.

Thanks for a great share.

Apr 04, 2017 04:16 AM #13
Rainer
1,025
Dave Adams
RE - Alachua, FL

I agree with John Wiley. There is a point in these words.

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Apr 07, 2017 07:53 AM #14
Rainmaker
20,530
WallyLABS LLC
WallyLABS - Seattle, WA
Smart Home Water and Temperature Technology

John and Dave...thanks for commenting!  The beauty of a technology like Wally is as long as it's *not* sounding an alert, then you know you have no leak by your water heater, or your pipes aren't freezing while you lie on a beach somewhere. We and other smart technologies fall into the category of "Home Peace of Mind".

 

Patrick

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