Vivint Extends Reach of Smart Home Program to Rental Property Market
A month after it built out its retail presence through a Best Buy partnership, (see 1705040062), Vivint Smart Home unveiled Vivint Smart Properties for rental properties Tuesday. The program is designed to enable property developers and managers to boost value by adding smart home offerings as an amenity. Products in the program include smart locks, lights, doorbell cameras, indoor cameras, and thermostats, said the company. Vivint is also pitching the program as a way for property managers to save money by using smart home technology. Managers can monitor energy usage and onboard new residents remotely by transferring control of a unit’s smart home system, it said. The company's privacy policy ensures that once a unit is occupied, managers no longer have full access to a renter’s system until the unit is vacated, it said. Vivint believes smart home technology “will rapidly become a staple for rental properties throughout the country,” said Tom Few, vice president-business development.