Get Smart About Smart Homes

When it comes to technology regulations, tax policy, or other legislative issues that affect your business, NAR is vigiliant to represent your interests at the federal level.

October 28, 2015

The commercial use of drones got a lot of attention this year, and when the Federal Aviation Administration issued proposed rules in March for unmanned aerial vehicles, the National Association of REALTORS® was at the table to ensure that policy makers understood how real estate professionals will be using the technology. When the Federal Communications Commission developed its net neutrality policy that prevents Internet service providers from selling preferential access to web content providers, NAR was again at the table. The rule that the agency released in June closely tracks our position on how the Internet should be governed in the years ahead.

Whether it’s technology regulations, tax policy, or other legislative issues that affect your business, NAR is ever vigilant when it comes to representing your interests at the federal level. It’s been an honor to serve you this year, and as my presidency winds down, I’m most excited about an NAR initiative that will help home and commercial building owners well into the future.

Your association is playing a lead role in shaping the evolution of smart homes, smart buildings, and even smart community spaces. Specifically, the Center for REALTOR® Technology is setting up a lab in NAR’s Chicago office that aims to develop and fine-tune real estate applications for an array of cutting-edge technology products.

NAR’s lab team has already met with major home-related technology companies, including Bosch, Emerson, and ADT, as well as universities and government agencies, to provide input into the development of hardware and software for smart devices. CRT will be sharing its progress through white papers and posts on its Bits and Bytes blog. It will also share information sheets on devices like thermostats, smart security systems, and connected lighting. The knowledge you gain will make you more than just the professional who helps people buy and sell homes; you’ll be the person home owners trust to become smart, hands-on managers of their most important asset.

CRT is also training its sights on the creation of a centralized hub that can monitor a home’s temperature, humidity, light, and indoor air quality, among other things. Our team will weigh in with insights as these features are incorporated into a must-have smart-home device. I could imagine the hub as the perfect closing gift in the not so distant future.

While our advocacy in Washington helps keep you at the center of the real estate transaction, now we’re focusing on helping you stay in front of your clients well after they become home owners. It’s that range and depth of commitment from your association that gives me confidence that your needs will always be met as we move forward.