SmartRent Unveils Alloy Deadbolt
SmartRent (NYSE: SMRT) has launched the Alloy Deadbolt, its first in-house smart lock aimed at the rental housing market. This smart lock addresses specific access challenges faced by rental property owners and operators, offering a cost-effective solution to reduce rekeying and key management expenses.
The Alloy Deadbolt enhances operational efficiency by enabling renters to manage home entries remotely. It integrates seamlessly with SmartRent’s SmartHome Hub+, Leak Sensor+, and other Smart Operations Solutions, offering a comprehensive smart living experience. SmartRent has also introduced new flexible monthly payment options to lower upfront costs and ease capital expenditure burdens for rental property owners.
CEO Lucas Haldeman emphasized that the Alloy Deadbolt was designed in response to customer feedback and industry insights, aiming to attract and retain tech-savvy renters while boosting operational efficiencies.
- SmartRent launched Alloy Deadbolt, its first in-house smart lock focused on rental housing.
- Alloy Deadbolt aims to reduce rekeying and key management costs.
- The product enables renters to manage home entries remotely, enhancing convenience.
- The lock integrates with SmartRent’s SmartHome Hub+ and Leak Sensor+ for a comprehensive smart living experience.
- SmartRent introduced flexible monthly payment options to reduce upfront costs and ease capital expenditure burdens.
- Alloy Deadbolt is designed based on customer feedback and specific industry needs, improving operational efficiency.
- The effectiveness and market acceptance of Alloy Deadbolt remain to be seen.
- Potential risks associated with the implementation and integration of new technology could impact operational efficiency.
Purpose-built smart lock, designed to meet the unique needs of rental housing, first entry in proptech leader’s lineup of in-house smart locks
SmartRent's Alloy Deadbolt, the first in its series of in-house smart locks, is one of the most cost-effective options on the market for rental housing operators. Key benefits include potentially reducing expenses related to rekeying and key management and enabling renters to manage their home entries from anywhere. (Graphic: Business Wire)
As one of the most cost-effective options on the market, Alloy Deadbolt aims to reduce rekeying and key management expenses. Additionally, it is a desirable amenity for residents, enabling them to manage their home entries from anywhere. When deployed across multiple locations, Alloy Deadbolt could amplify operational benefits throughout a community and enhance the overall smart living and working experience.
“Hardware is essential to powering our platform, and we are pleased to further grow our Alloy SmartHome hardware line with the addition of Alloy Deadbolt,” said SmartRent CEO Lucas Haldeman. “Smart locks and access controls are foundational components to smart communities. Unlike consumer-focused products deployed in rental housing, Alloy Deadbolt was designed in-house for rental housing, based on customer feedback and our deep knowledge of industry dynamics. The lock supports operational efficiency while attracting and retaining tech-savvy renters.”
Paired with SmartHome Hub+ and Leak Sensor+, along with Smart Operations Solutions within SmartRent’s Essential Package, Alloy Deadbolt contributes to a comprehensive cost-savings platform that aims to streamline operations for rental housing owners and operators, while adding value for residents. Alongside the Alloy Deadbolt, SmartRent has introduced new, flexible monthly payment options for its comprehensive technology suite, designed to lower upfront costs and reduce the burden of large capital expenditures, making it more financially feasible for rental housing owners and operators to innovate and improve their properties.
“We believe smart is for everyone, and value the opportunity to bring smart solutions to the industry at scale at a competitive price point,” said Haldeman. “With more than 600 customers and millions of users, we remain focused on delivering groundbreaking innovation and elevating the standard of living and working for all we serve.”
To learn more about Alloy Deadbolt and SmartRent’s other solutions, visit smartrent.com.
About SmartRent
Founded in 2017, SmartRent, Inc. (NYSE: SMRT) is a leading provider of smart home and smart property solutions for the multifamily industry. The company’s unmatched platform, comprised of smart hardware and cloud-based SaaS solutions, gives operators seamless visibility and control over real estate assets, empowering them to simplify operations, automate workflows and deliver exceptional site team and resident experiences. SmartRent serves 15 of the top 20 multifamily owners and operators, and its solutions enable millions of users to live smarter every day. For more information, please visit www.smartrent.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240610954037/en/
Amanda Chavez - Senior Director, Corporate Communications
media@smartrent.com
Source: SmartRent
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