Home›Real Estate›Residential›Smart home data gaps after closing are emerging as a s…

Smart home data gaps after closing are emerging as a servicing and risk issue

HousingWire notes that 65% of Americans now own at least one smart home device, up from 51% in 2020, while connected systems remain fragmented across parties after the sale.

Reported · Written up by our desk · Residential

Smart home adoption is outpacing integration across lenders, servicers, insurers, and trades, leaving post-close data gaps that can complicate servicing and risk management, according to HousingWire. The outlet describes a homeowner in suburban Atlanta who closed on a new build last spring and then accumulated multiple smart devices, including a thermostat, a leak sensor, a video doorbell, and a garage door opener, each tied to different apps and service relationships with no shared communication between them. When a water heater failed in October, the article says the smart setup did not help the homeowner find a plumber, and none of the professionals involved with the property since closing knew about the other devices or relationships.

category_hint_used_by_system_note_so_not_required_here_empty_string_instructions_ignored_according_to_prompt_whatever_needed_internally_not_published

More like this

Sources