How to boost property value: Retrofitting with smart locks enhances security and the user experience

In a matter of seconds, you can transform your property from just somewhere to live into a smart living environment.

If you are investing in or constructing a new residential property, it makes sense to install a smart-locking system from the get-go. Access for all those involved in its construction will be smooth, and security will be at the highest possible level.

A system like iLOQ’s smart-locking solution is ideal because it is battery-free, cable-free and doesn’t need a source of electricity or a WiFi connection. Smart locks can be added as soon as there are doors on site.

Individual and updatable access rights

Access rights for 3rd-party service providers (builders, plumbers, electricians, etc.) can be programmed to digital keys or sent to iLOQ’s app running their smartphone. The access rights are individual and allow them to move around only the areas relevant to them at times appropriate for their role. Administrators can update the access rights remotely and in real time as needs change making sure that only the right people have access to the right places at the right times.

As soon as their job is done, their access rights are cancelled. There’s no need for administrators to worry if the digital keys have not been returned, or that the app is still being used. And when residents eventually move in, they can be confident that no unauthorized person has access to their property or individual apartment.

Ideal for new builds AND retrofits

So, for new builds, installing smart locks is a no-brainer. But did you know how easy it is to enhance the value of an existing building just by upgrading the locking solution?

Once again, the benefit of a smart-locking solution such as iLOQ’s is that it is battery-free, cable-free and no changes need to be made to current doors or the existing infrastructure. Locks can be retrofitted in a matter of minutes and using just a basic screwdriver – no drilling is needed.

Check out this video to see how easy it was to remove the unsecure and impractical mechanical locking system from this multifamily apartment block in Manhattan and replace it with iLOQ’s battery-free and keyless smart-locking solution. The smartphone then acts as both a key and, thanks to its NFC induction, a power source.

The building has been transformed from not just somewhere to live, but into a smart living environment. The value of the property has increased, lifecycle costs and security risks have been slashed and resident satisfaction, due to the ease of use and many more features available on iLOQ’s app, is the highest it’s ever been.

Want to know more? Get in touch with iLOQ here or check out our website.