The Internet of Things in Real Estate - Boston

Boston Mass
Presentation for the Eastern Middlesex AOR Membership Meeting

Transcript

1. The Internet of Things in Real Estate
2. crt.blogs.realtor.org @crtweet facebook.com/CRT .NAR
3. CRT LAB
4. The Internet of Things Smart Home Devices Opportunities for REALTORS®
5. The Internet of Things
6. The Internet of Things o Currently, ~2 billion devices are connected to the internet. o By 2020, 30 billion devices will be connected. o Most of these devices will be Internet of Things devices.
7. The Internet of Things  What does this mean for Real Estate?  Listing data is currently STATIC  The Internet of Things will help make the data DYNAMIC
8. The Internet of Things
9. The Internet of Things Chicago’s Array of Things o Sensors in the first prototype units are aimed primarily at understanding atmosphere, air quality, and environmental factors: temperature, humidity, light, carbon monoxide (CO), nitrogen dioxide (NO2), and vibration. 1 1http://arrayofthings.github.io
10. The Internet of Things Chicago’s Array of Things o Additional environmental sensors including Volatile Organic Compounds (VOCs), Ozone (O3), Carbon Dioxide (CO2), Sulfur Oxides, and Particulate Matter are being evaluated for the first prototypes as well. 1 1http://arrayofthings.github.io
11. The Internet of Things Chicago’s Array of Things o Precipitation and wind measurements will be added later. 1 1http://arrayofthings.github.io
12. The Internet of Things Chicago’s Array of Things o Privacy is always a concern. o Prior to deployment, a comprehensive set of privacy and security requirements and an independent review process will be finalized, including the restriction that no personal or identifying information will be collected. 1 1http://arrayofthings.github.io
13. What is the Smart Home?
14. PetBot
15. PetBot
16. Belkin WeMo Devices Energy Monitoring
17. Belkin WeMo Price: $59.95 Features: o Monitors energy usage for specific devices o Allows for remote on/off and monitoring, including energy use o Set up custom notifications based on your needs Site: wemothat.com
18. Belkin WeMo
19. Smappee Devices Energy Monitoring
20. Smappee Price: $249 Features: o Monitors energy usage for entire home o Can work with Smappee Control Plugs ($39.95 for 3 or $66.95 for 6) o Can save up to 12% on energy costs Site: smappee.com
21. nest learning thermostat Devices Heating/Cooling
22. nest learning thermostat Price: $249 Features: o Monitors energy usage o Generates energy audit on a monthly basis o Set up custom notifications based on your needs & schedule Site: nest.com
23. ecobee3 wi-fi thermostat Devices Heating/Cooling
24. ecobee3 wi-fi thermostat Price: $279 Features: o Understands when to turn on your heating or cooling equipment based on your home's unique energy profile o Senses whether anyone's home and which rooms are occupied o Saves homeowners an average of 23% annually Site: ecobee.com/
25. Philips hue Devices Lighting
26. Philips hue Price: $199 (extra bulbs $59 ea.) Features: o Control with your devices remotely o Each bulb uses 9w and produces 600 lumens o Can reproduce millions of colors o Bulbs last 15 years Site: meethue.com
28. Cree Connected Bulbs Devices Lighting
29. Cree Connected Bulbs Price: $15 for a bulb Features: o Control with Wink Hub or similar hub o Each bulb uses 11.5w and produces 815 lumens o Bulbs last 22 years Site: creebulb.com
30. nest Protect Devices Environmental Quality
31. nest Protect Price: $99 Features: o Smoke & CO monitor as well as smoke detector o Can work with an array of Protects o Includes a thermometer and helps nest thermostat learn Site: https://nest.com/smoke-co- alarm/life-with-nest-protect
32. CubeSensors Devices Environmental Quality
33. CubeSensors Price: $299 (2 sensors) - $599 (6 sensors) Features: o Monitors air quality in your rooms (VOCs) o Monitors motion & light o Monitors humidity of a room (mold?) Site: https://cubesensors.com
34. Wink Hub Devices Hubs
35. Wink Hub Price: $49.99 Features: o Speaks multiple protocols o Works with devices from various systems o Can be controlled remotely Site: winkapp.com/hub
36. SmartThings Devices Hubs
37. SmartThings Price: $199-$759 Features: o Has a number of integrations right out of the box o Different pre- customized sets to choose from Site: smartthings.com
38. SmartThings Devices August Smart Lock $199 August Doorbell Cam $199
39. Amazon Echo
40. The Challenges* ahead and what this means for REALTORS ® Interfaces Performance Data Behavior Data Opportunities
41. Interfaces  These are perfectly good interfaces:  Control through smartphone or tablet  Manual control through device
42. Interfaces
43. Performance Data  Energy efficiency of appliances  Light quality  Noise  Carbon Monoxide  Humidity  Allergens  etc.
44. Behavior Data
46. What can beacons do? Better data for open houses • What rooms? • How many people were in the home? • How long did they stay?
47. IoT Issues: Standards Privacy/Security
48. Standards Building Energy Management Open Source Software
49. Standards
50. Standards
51. Standards
52. Standards
53. Privacy/Security
54. Privacy/Security
55. Opportunities for REALTORS A smart (connected) home can yield: • Behavioral data (during an open house) • Performance data (reports from smart devices)
56. Opportunities for REALTORS Let’s remember the word DYNAMIC • If the IoT makes a home a connected home, the data that flows from that connected home is dynamic • Where is data about a home displayed?
57. Opportunities for REALTORS® Let’s remember the word DYNAMIC • A new, dynamic MLS • REALTOR® as doctor: of a connected home, a connected neighborhood, a connected city.
60. Thank you! Donna McCormick Operations Analyst Center for REALTOR® Technology @crtweet crt.blogs.realtor.org dmccormick@realtors.org