Kwikset, a brand of Spectrum Brands, Inc. – Hardware & Home Improvement Division, has introduced its first-ever electronic access control (EAC) solution to the multifamily keyless entry market.
This will give property managers and owners in the Multifamily sector a notable amount of improved benefits.
Besides providing a more effective way to manage their properties, the keyless entry system will reduce key management time and costs while increasing profits.
Additionally, Kwikset says that this allows for increased occupancy, retention and rental rates, as renters and owners of multifamily units require their apartments offer more technology to enhance their living experience; therefore, locks using Bluetooth technology and RFID are in exceptionally high demand.
Keyless entry systems offer multifamily properties several compelling advantages.
Firstly, they enhance security by eliminating the need for traditional keys, which can be lost, duplicated, or stolen.
This significantly reduces the risk of unauthorized access and break-ins, safeguarding both residents and their belongings.
Secondly, multifamily keyless entry systems provide convenience and flexibility to both tenants and property managers.
Residents no longer need to carry cumbersome keys, as they can easily enter the premises using personalized codes or smartphone apps.
This eliminates the hassle of key management and the need for lock changes when tenants change.
Additionally, property managers can remotely grant access to authorized personnel, maintenance staff, or delivery services, streamlining operations and minimizing disruptions.
Furthermore, these systems allow for detailed access logs, providing a transparent record of who enters and exits the property and enhancing accountability.
Overall, multifamily keyless entry systems offer a seamless blend of security, convenience, and operational efficiency that make them a valuable addition to modern living.
While keyless entry systems offer numerous benefits, they also come with certain drawbacks for multifamily properties.
One significant concern is the potential for technological glitches or malfunctions, which could lock residents out of their homes or grant unauthorized access.
This reliance on technology can lead to inconvenience and frustration, especially if residents are not tech-savvy or if the system experiences downtime.
Moreover, there is a risk of cyberattacks or hacking attempts that could compromise the security of the entire property, raising concerns about the protection of personal information and property.
Another challenge is the initial cost of implementing keyless entry systems, which includes installation, maintenance, and potential upgrades.
This cost may be a deterrent for some property owners, especially those managing older buildings not designed for such technology.
Additionally, while convenient for most residents, elderly individuals or those without smartphones might struggle with adapting to these systems, potentially alienating certain segments of the tenant population.
Balancing the advantages with these disadvantages is crucial for property managers considering the adoption of keyless entry systems.
Kwikset says that there are numerous properties for which UNITE is designed to fit.
Both Class A High Rise Urban and Class B Garden Style Suburban properties will be critical targets for the new unit entry smart lock.
“Both renters and owners are looking for greater levels of convenience and efficiency in their living situations, with security being a foundational need,” said Sean Artz, Kwikset’s Senior Business Development Manager – Multifamily EAC.
“With UNITE, they will be getting just that. At the same time, property owners and managers need security systems that not only provide better access control and are simple to use but can seamlessly integrate with existing property management systems. UNITE will do all that – and more.”
The UNITE platform is expected to be available by the third quarter of 2023.
It will be sold through pro channel distributors and dealers.
Kwikset is a residential lock manufacturer and was founded in 1946.
The company’s lock portfolio includes patented SmartKey Security deadbolts, patented SecureScreen touchscreen locks, keyless entry combination locks, connected home technology, Bluetooth-enabled Aura, Wi-Fi enabled Halo, door hardware with Microban antimicrobial product protection and a wide variety of styles and finishes.
Headquartered in Orange County, California, Kwikset products are sold online and through retailers and distributors throughout the US, Canada, Mexico and Australia.