#019 Smart Gadgets – An asset when selling your property?

Smart home control dashboard with male using smartphone at home in the background
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Even though the demand for property is greater than the level of supply, and there are more buyers than sellers in the market, selling your home is challenging. Homeowners often struggle to be found by buyers in the market or to grab the attention of likely buyers, never mind persuade someone who has shown an initial interest to make an offer for the property.

Homeowners need to use every advantage they can find when selling property and one way in which a homeowner can attract attention and impress prospective buyers is to add smart gadgets and devices to their home.

Smart gadgets may not increase property value by much but the will help

There are more effective ways of adding value to your home than adding gadgets, so don’t choose this option if you are fixated on adding value. Improving the insulation qualities of your home or adding more space are much more effective solutions for this issue.

However, if you want to differentiate your home from comparable homes in the local market, smart devices and gadgets are a hugely effective way of standing out from the crowd. Buyers often find that homes look the same, especially when they review a lot of homes. If there is a feature in your property that clearly marks your home out as being different from the rest, your home becomes the property that the buyer is likely to remember. Sometimes, this additional level of recognition will make all the difference in selling your home.

Know who the most likely buyer is and consider what sort of smart gadget is of most use to them

If you are investing in a smart gadget to help sell your home, don’t think about what gadget appeals to you, think about the most likely buyer and what gadget is likely to appeal to them. This is an area where working closely with a local estate agent, who has knowledge of the local market and who is buying property, helps.

When there is a likely buyer for your home, stage the property to their needs and the addition of a smart gadget that will make their life easier will be effective. A downsizing couple in their golden years may not appreciate a start of the art sound-system but every buyer is likely to find benefits from owning a heating system that allows them to control temperatures and save energy.

By investing in the right style of gadget for the likely buyer, you increase your chances of selling your home.

Gadget types to consider

Heating & Hot water – Smart thermostats such as Nest and Hive.

Smart Security – Smart door bells, Wireless CCTV and motion detection

Entertainment – Surround sound system – inbuilt TVs

Home automation – Lighting, curtains and blinds

Home assistants/concierge – Amazon Alexa, Google Home

Coming soon – smart appliances that re-order your products for you.

All of the above are designed to save you time in your every day life!

Gadget types to consider Brand name smart gadgets will make a difference

While having a smart gadget or device set up at home, it is best to have the market leader or an expected name. While there are many smart gadgets that connect homes to the internet, Amazon has stolen a march on their rivals. This device allows people to set reminders for tasks, to play music, to check your diary and shop online, offering a vast range of benefits around the home and making home life easier to manage.

There are many option to choose from but given the ubiquity of Amazon and the fact that so many people are instantly aware of the firm and their services, this is the smart gadget that will appeal most to the buyer.

Also, having a main brand makes it easier to switch accounts or upgrade the services. The convenience that comes from choosing a brand name in your chosen sector is likely to impact on the buyer so if you are going to invest to sell your home, invest wisely.

The benefits of smart gadgets need to be detailed and explained

The features of smart gadgets can make life easier, and it is important that you make sure prospective buyers are aware of these features. With the right sound-system, it is possible to pipe music throughout the use with just one button or one system. With the use of the right heating system, you can remain in control of the temperature at home from your smartphone, even if you are out of the house.

These features are important, and will impress some prospective buyers, but you’ll find that the benefits are even more important. After all, what homeowner doesn’t want to save money on their energy bills? This is something that every homeowner wants and with a Nest heating system, it is possible to reduce energy bills by around 10% to 15%.

This is a feature that will make prospective buyers pay attention and if they have been considering your home alongside a range of local properties, this benefit may be enough to ensure that your home has become the front-runner for the buyer.

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So don’t forget to contact us with any subjects you would like us to cover or questions you would like answering in the coming episodes and until next time I would like to thank you for listening and goodbye for now.

About the author, David Thomas

David Thomas is an Entrepreneur and passionate Estate Agent who loves helping others on their property journey.

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