Vivint Smart Home introduces zero-down financing for property owners and managers

Friday, June 28, 2019

PROVO, Utah—Vivint Smart Home recently introduced zero-down financing to help property owners and managers add smart home technology to their multifamily developments with no upfront cost. This is the first zero-down financing option for a comprehensive multifamily smart home solution, making it easier than ever to add smart home capabilities to both new and existing properties.

Vivint offers a comprehensive suite of smart home products designed for rental and multi-family properties. Smart home technology provides significant value to properties, as well as practical benefits for both residents and management teams.

“Our zero-down financing increases access to smart home technology and levels the playing field for the multifamily community,” Tom Few, senior vice president of business development at Vivint Smart Home, said in the announcement. “Nearly any property owner or manager can now afford a smart home, whether for a new build or to retrofit existing units.”

According to Vivint, an increasing number of U.S. households are headed by renters, including 65 percent of Millennials. “As this digital generation floods the multifamily market, owners and managers must look for ways to appeal to more tech-savvy renters,” the company said. “At the same time, they need tools to improve efficiency in the face of rising costs.”

From a single Vivint Smart Home app, residents can control lights, locks, and temperature; arm and disarm their security system; and view live video and recorded clips from anywhere.

In addition to offering increased security and convenience, property managers can use Vivint to improve operational efficiency. Using Vivint Site Manager, an interactive dashboard, property managers can easily onboard new residents, fulfill service requests and manage vacant units from anywhere. Vivint also provides both property managers and residents with 24/7 customer care and onsite support.

Vivint Smart Home is a smart home company that serves more than 1.4 million customers throughout the U.S. and Canada.