Smart Homes, defined. Does your home qualify?

Smart home technology it seems is everywhere. Entering the mainstream much like social media communications, it leaves both sales agents and clients asking themselves – what does it all mean’?

Coldwell Banker, CNET and a helpful article by Lindsay Listanski, the Senior Manager of Media Engagement for Coldwell Banker Real Estate, joined forces to answer those questions. With this we hope to put the debate to rest and truly define the modern Smart Home.

In Back to the Future II, Marty’s future kids wear headsets at the dinner table to make and receive calls and watch TV. With the introduction of Google Glass in 2013, and gaming headsets like Oculus Rift in the works, virtual reality is not far off, and Microsoft's recently announced Hololens bears more then a passing resemblance to Junior's goggles.
In Back to the Future II, Marty’s future kids wear headsets at the dinner table to make and receive calls and watch TV.

If you wondered what a smart home might mean, perhaps you reflect on that scene in “Back to the Future” where Marty’s kids (Michael J. Fox) wear headsets at the dinner table to make and receive calls. With things like Facetime and Skype, the face-to-face video chat of 1982 is now a reality. Hands-free gaming, tablet style technology and fingerprint recognition are all common place. Not convinced? How many folks to you know with iPads or use their thumbprint to unlock phone features?

So Coldwell Banker and CNet, the world’s largest and most trusted online source of consumer technology news and reviews, collaborated to create the first-ever smart home definition. This is designed to help sales agents as well as home buyers make informed choices and accurately pinpoint a smart home.

Smart Home defined
Smart Home defined

Smart Home: (noun) A home that is equipped with network-connected products (“Smart Products” that connect via Wi-Fi or Bluetooth type functions) for controlling, automating and optimizing functions such as temperature, lighting, security, safety or entertainment, either remotely by a phone, tablet, computer or a separate system within the home itself.

Must Have:
Internet Connection, ie., cable, satellite or DSL

Must Have At Least Three:

* One of the categories must be security or temperature

• Appliances – example: Smart refrigerator, smart washer / dryer
• Entertainment – example: Smart TVs, TV streaming service
• Heating / Cooling – example: Smart HVAC system, smart fans or vents
• Lighting – example: Smart light bulbs, lighting systems
• Outdoors – example: Smart plant sensors, smart watering systems
• Safety – example: Smart fire / carbon monoxide detectors, nightlights
• Security* – example: Smart locks, networked security cameras
• Temperature* – example: Smart thermostats

back-to-the-future_3354058bWhile we haven’t perfected the hover board, we do know that over the past couple of years, demand has increased significantly for smart homes in the real estate market. This standardized definition gives all of us the opportunity to correctly market and pinpoint exactly what constitutes a smart home for buyers and sellers. When we’re informed everyone wins.

Coldwell Banker is following up with an education course for its agents, and an icon on for property listings that meet the definition.

You can also browse smart homes currently on the market here.