Todd Lubar Reckons That Smart Homes Will Dominate Real Estate By 2021

Real estate agents and home buyers are not only familiar with smart homes; they have come to expect them. The houses are increasingly becoming popular as they simplify life for occupants. From detect walking patterns, sensing medical conditions or adjusting lights, tenants are likely to find something that exceeds their expectations.

Common technologies found in homes

Most real estate developers are installing high-tech features in houses that they are building. A standard package might include smart lighting, automatic window shades, motion detecting door bells, and nest thermostats. The systems are easy to use; anyone can understand them regardless of their age or education level. While such homes are only common in cities, experts like Todd Lubar predict that they will also be popular in rural areas by 2021.

Real estate developers have to do more

Although many new home owners embrace smart homes, real estate developers and agents still face challenges when selling high-tech houses. For instance, older citizens are unlikely to install technologies such as smart floors despite the fact that this would prevent injuries that result from falls. Studies indicate that they are not hesitant to embrace technology because they cannot afford it. Many choose not to have the sensors as they worry that the high- tech systems will allow people to hack into their homes and spy on them. Consequently, more tech organizations are looking for better ways to secure smart homes and earn the trust of potential home owners. Check out Ideamensch to know more.

About Todd Lubar

With over 20 years’ experience in the real estate sector, Todd Lubar is one of the top mortgage originators in the U.S. He leads TDL Global Ventures, and he is the senior V.P of Legendary Investments. He acquired a lot of experience in conservative mortgaging banking and relationship building, when he served as a loan originator at Crestar Mortgage Corporation. He also has a wide network of contacts in the real estate industry such as insurance and real estate agents, CPAs and financial planners. Mr. Lubar holds an undergraduate degree in Speech Communications from the University of Syracuse, where he graduated in 1995. Check out his page here.

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