Three Things to Know Before Purchasing a Smart Lock

Last week we shared how consumers are prioritizing security products when purchasing smart home devices. Smart locks are one of the most popular smart security devices, expected to grow to $2.7 billion by 2025. While this market is growing at a rapid rate, it’s important to still do your research before purchasing to understand exactly what you’re getting with a smart lock. Here are three things you should know before buying a smart lock.

1). They’re becoming more affordable

Similar to most emerging technology, smart locks are becoming more affordable with each year. Several of the top providers, including Yale and Kwikset, now offer locks for well under $200. Retailers are even offering sales on more expensive brands of smart locks, helping consumers update their home without dropping serious cash. Right now, Amazon and Best Buy are offering incredible discounts on August Smart Locks with savings up to $70. If you do your research and shop around, you can end up with an excellent solution at a great price.

2). Make sure your door is compatible

It’s always good perform testing before realizing something isn’t compatible during installation. Before purchasing a smart lock, make sure your door and lock will work with this technology. Do you need to push, pull, or throw a shoulder into your door to lock the deadbolt? If so, you’ll likely need to make some improvements to the door, or even replace it, before buying your lock. Can extend the deadbolt all the way or does it jam? If you’re still running into this issue after adding some WD-40, you might want to get the door checked out by a pro, as you’ll risk burning out the motor of smart lock. CNET recommends downloading smart lock apps prior to making a purchase to get a better idea of what’s needed to properly install the lock in terms of tools, door specifications, and deadbolt compatibility.

3). They provide more convenience than security

Smart locks make it incredibly easy to get into your home. They automatically unlock when you approach door, leaving the days of shuffling for keys in the past. You can lock doors from your couch with your voice. You can provide access for friends and recurring vendors such as housekeepers without having to keep track of extra keys. While all of these features are amazing and super convenient, they don’t do much in terms of keeping your home and belongings safer. The majority of smart locks use the same old school deadbolt, so you’re not reinforcing your doors any better than before.

Learn more about how modern communities are keeping their residents and homes safe in our latest whitepaper, Reinventing Security Technology in the Property Management Space.

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