Smart home technology is projected to be a $72 billion dollar industry by 2017. There are over 43 million rental properties in the U.S. and 62% of renters are under the age of 35.
For rental properties, providing residents the ability to control their home is an amenity that is growing in demand as it offers more security and convenience to the resident.
For the management group (or builder/developer), Remotely can serve as an enterprise level building management system to help reduce utility costs by making common areas and vacancies more efficient. Remotely also can be utilized as a resident facing amenity to help fuel rent growth while differentiating communities from competitors.