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How technology had changed the phase of real estate

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The significance of technology in our everyday life is indisputable. We all admit to this case that the progressive world today is insignificant without technology.

Technology has eternally influenced significant businesses like transportation, healthcare, financial services, the retail sector and many more, the identical approach it has transformed the real estate sector in an intense way. Right from viewing for a house online to booking it, technology has satisfied a great idea to promote the customer’s life. Due to technological progress, people have immediately become savvy and hold an easy path to a plethora of knowledge.

Within technology, innovative opportunities are knocking the door

Technological accomplishment has delivered the world to a distinct level and the picture is entirely distinct from the past decades where it handled to be challenging for sellers to combine with buyers.

Simple search methods: Google search has made it easy to obtain any information in a mouse click. Real estate companies now have their websites and apps where the customers can preview the information that they need. Technological development has broken the barrier of even geographic hindrance where NRI customers can also book and finalize homes from any part of the country. In fact, because of booming technology, it is easier for a customer to seek advice from professionals in case of any doubt.

Online payment option: With online payment options buying and selling homes has become a lot easier than before. While earlier customers had to attend individually and a singular date was established to obtain payments. Now, due to easy bank transfer and various other techniques of obtaining payments, it has become simple to make immediate payments.

Chatbots: marketing and sales enforcement has been magnified via chatbots. Chatbots assist as a point of communication between customers and companies because they market straight questions and assists customers to solve their inquiries.

Social media: Every news is just a snap away with Social media. it proffers every unique detail that is important from a customer’s point of view.

Home computerization: With technology shaping our lives easier and simpler. smart homes have become the foundation for a stable lifestyle. It is the technology that has caused home automation into the picture. Every day we understand the latest home automation to obtain our home protected and technologically exceptional. Home automation includes a wide array of functionalities.

Let us understand about few contemporary devices that is the most suitable example of home automation:

Brilliant Control: This thing is an individual wall switch that practices Wi-Fi to connect and experiment with multiple devices in your house. The color finish screen and a user-friendly button will let you play music, control light, estimated temperatures and many more. It’s valued reasonably but is a smart choice for a high-tech house.

Nest Learning Thermostat: Combined with a Wi-Fi that assists you to regulate the temperature from phone, tablet or your system.

Smart heating and cooling: An incorporation of primitive sensor that accommodates to decrease hot and cold points in various rooms. From subtle progression in technology to technology causing a revolution in today’s world has been an indispensable component of our lives.

With technology altering the face of real estate unnatural intelligence is transforming this business. It is prognosticated that Artificial intelligence will be capable to take over the market absolutely. Firstly it managed to be a monologue platform but due to progression in technology, it has now matched a dialogue online program. Due to this Upgradation in technology, it is prognosticated that the overall business division be it a real estate or any other is continuing to prosper.

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Your Door is About to Get Clever Through Smart Lock

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Your Door is About to Get Clever Through Smart Lock

Recent progress in smart security and safety devices give consumers new and extended solutions to assist them to deal with the worry of securing their homes. There are few companies who have invested in smart lock technologies by creating smart, connected products and services that guarantee to make the home safer than ever.

Definition of Smart Lock:

A smart lock is a Wi-Fi or Bluetooth-enabled smart home device that allows users to lock and unlock a door by sending secure signals from a mobile application on their smartphone, computer, or tablet.

A Smart-Lock is an electromechanical lock which is designed to perform locking and unlocking services on a door when it gets such instructions from an authorised device using a wireless protocol, Bluetooth, and a cryptographic key to perform the authorization process. It also manages access and sends signals for the different roles it controls and some other important functions connected with the status of the device.

Components of Smart Lock:

Smart locks, like the traditional locks, require two main components to work i.e. the lock and the key. The key is not a physical key in the case of smart locks, but a smartphone which wirelessly operates the authentication process required to automatically unlock the door.

How to use Smart Lock?

Smart locks enable users to allow access to a 3rd party by means of a virtual key. This key can be sent to the receiver’s smartphone over standard messaging orders such as email or SMS. Once this key is received by the receiver will be able to unlock the smart lock during the time earlier defined by the sender.

Smart locks are authorized to give or deny entry remotely via a mobile app. Certain smart locks hold a built-in Wi-Fi connection that permits for monitoring features such as access notifications or cameras to show the person requesting access. Some smart locks highlight a camera, which stores a picture of those entering the door and makes for an effortless referenced photo log.

Types of Smart Locks:

Smart Locks comes in different shapes & modes, depending on the nature of the Door and the traditional lock fitted in.  For example, the traditional latch doors can be fitted with a simple Smart Latch Lock, Glass Doors can be fitted with Smart Magnetic Locks.

Since different doors & physical devices have different form factors, the smart locks also need to have different form factors based on the locks/devices. Though the smart locks required are different as per the device/lock, what is required from the usability perspective that all Smart Locks Open seamlessly from One App?

This is what has been made possible by Open Appliances.  Open Appliances in not only building Smart Locks of different Form Factors but are also providing the software layer which helps operate these locks seamlessly. Openapp is building the future of security and this is a sneak-peek into what the next future looks. There are 3-fundamental technologies combined in different versions: 1) Fingerprint 2) Bluetooth (Low range 1-5mts) 3) GSM (real-time updates).

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For more information about the Smart Lock, watch the below-mentioned videos

Smart Magnetic Lock

Benefits of Smart Lock:

The 7 benefits of a smart lock are multifold in a residential setup. Let’s list some of them here:

  1. Remote password setting to unlock.
  2. 3/5-way access provision (fingerprint, phone, digital keypad, RFID and emergency physical key)
  3. Enable Guest/ Tenant codes
  4. One time access provisions for delivery/ maid/ security guard, etc..
  5. Schedule the allowed times to use guest and one-time password
  6. Time-based access for shared amenities.
  7. Reporting and monitoring of use for all of the above scenarios.

How are CommonFloor Groups Integrating with the Smart Lock technology?

CommonFloor Groups is committed to Apartment/ Community security and it already has “SmartGuard” functionality in its App which helps communities track the check-in / check-out of visitors.

We plan to extend the features, by providing security solution at Club House, Gyms, Store Rooms and other restricted areas in the community.  Once these places are secured with the Smart Lock, users will have to use CommonFloor Groups App to open/close the locks.

Club House / Gym / Facilities

  • All residents will be able to use Open these facilities with the help of CF Groups App.
  • Restrictions can be placed on no-body being able to open these facilities beyond 12 AM in midnight etc.
  • Every time the facilities are opened/closed, it is logged into our system and Admin/Property Manager can track what time any resident entered the facility.

Store Rooms / Main Gate

  • These locks can be placed in Store Rooms,  Main gate, etc.. and the restricted number of people can only be given access to open the locks.
  • Every time the lock is opened / closed log is maintained in our system as to what time it was opened by which person.

Home Security

Residents can buy the Smart lock for their houses and set permissions for the locks such that only the members they approve can open the locks.

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