Smart Tech: The New Rental Must-Have

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Are you ready to plug into the future of rentals?

Smart technology is rapidly becoming a top priority for tenants, and it's not just about flashing lights and gadgets. According to PropTech firm Rently, a whopping 65% of renters find smart home tech irresistible!

Simon Cairnes from BuyAssociation says it best: "Connected homes are no longer a luxury." Tenants crave the convenience of controlling their environment from the comfort of their sofa. Whether it's app-controlled heating, smart locks, or doorbell cameras, these features are now part of the standard quality of life.

So, what are tenants willing to shell out for? It turns out, quite a bit! Tech-savvy renters are happy to pay more for homes that are modern, secure, and energy-efficient. For them, a tech-ready home is not just a convenience; it's a lifestyle choice.

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Want to hear more? Join Mal & Matt on the Property AI Report Podcast each week!

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For property investors, this is a golden opportunity. Smart upgrades can boost yields and keep tenants sticking around longer. Plus, connected systems help landlords manage maintenance proactively, preventing small issues from snowballing into costly repairs.

But don't worry, you don't need to go full sci-fi overnight. Start with high-impact features like smart locks and heating controls. Once you see tenant engagement, expand into energy management and automated lighting.

As smart home adoption grows, properties that lag behind could miss out. Landlords who embrace this trend now will enjoy stronger rental income, improved tenant retention, and future-proofed asset value. So, why wait? Get smart and watch your property portfolio thrive!

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Want to hear more? Join Mal & Matt on the Property AI Report Podcast each week!

Access from your preferred podcast provider by clicking here

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