Across the globe, innovations are considered to be the drivers of the economy. According to Todd Lubar, inventions of savvy entrepreneurs results in immense changes. Today, developing countries are catching up with developed nations owing to creativity and entrepreneurship. However, when nearly all competitive industries are embracing innovation, the real estate markets have been slow to adopt new methods. The presence of shrewd investors such as Todd Lubar has helped in incorporating innovative ideas in the real estate industry.
Smart home technology has been gaining traction in the real estate industry. Through this technology, home-owners are able to have more control over their homes from anyplace around the globe. Notably, the idea of smart homes came into existence with the introduction of the Internet of Things (IoT). Through IoT, products that depend on the web are able to communicate with different devices. Owners of smart homes use control center devices to regulate all the features within their homes. According to geeksnews.co.uk, in the past, houses were developed without considering the needs of disabled consumers. In the 20th century, governments focused on correcting this failure by building structures that facilitating disabled persons to access such structures. Recent innovations in the market may see some of these regulations become obsolete. This is because smart home technologies enables the people living with disability to interact with such buildings safely.
Smart home technologies enable individuals to operate cooking appliances, locks and speakers remotely. In addition, virtual assistants allow people to control their homes easily. Many residential and commercial builders are slowly recognizing the benefits of smart home technologies. For instance, in Seattle, Quadrant homes will be required to have smart technologies in all home packages, including automated window shades, digital locks, security features and keypad interfaces. The popularity of smart homes is anchored on reduced costs and growing media attention.
About Todd Lubar
Todd Lubar is an alumnus of Syracuse University where he graduated with a bachelor’s degree in speech communication. He is the president of TDL Global Ventures. In addition, Lubar serves as the senior vice president of Legendary Investments. The shrewd entrepreneur has rendered his services in the real estate industry for more than two decades.
Lubar recommends that the community should read, “The Magic of Thinking Big,” an inspiring book written by David Schwartz. Todd posits that the book encourages people to think big. In addition, the executive contends that individuals should surround themselves with individuals who challenge them to grow personally and professionally.