Author: Brandon Peterson

Younger Residents Want Better Access Control

It’s no secret that the prevailing forms of access control are obsolete by today’s standards. Look no further than all the YouTube videos demonstrating how easy it is to break through locks, open deadbolts with rubber bands, or saw away at padlocks. With a little research, anyone could bypass older forms of access control with relative ease, and people are noticing. In 2020, an Allegion survey found that 26% of millennials living in Multifamily apartments feel secure where they live, with less than 10% of them possessing electric access control. This desire for safety is one of the reasons why many looking for apartments are taking access control into consideration, even willing to pay premium prices to ensure their homes are safe.

Before looking at the data, it’s important to stress how much the multifamily landscape is evolving. Gen Z is growing up and flooding the apartment market, combined with millennials, and many of them are looking to stay. According to a study by Allegion, 72% of millennials live in an apartment building, with 75% planning to remain for the next six months or longer. On top of being cheaper to live in, they view multifamily residency as more accommodating than homeowning as millennials and younger see the benefits of being mobile rather than staying in one place.

In a study performed by NMHC/Grace Hill on amenity preferences last year, over 60% of the 221,000 renters claimed they wanted smart locks as an amenity, with 62% wanting smart security in general. The study highlighted that this demand was popular with the younger generations, particularly Gen Z and Millennials. The report would even state that smart apartment systems were high enough a priority to be a deciding factor when looking for a new place to live. A large number of Baby Boomers are also joining in wanting smart access control, willing to pay an upward premium to have smart locks between $20-50 a month!

Why Mobile Access Control?

There are a few reasons why the younger generations would accept mobile access control as a suitable replacement for legacy systems. For one, mobile access control is safer than previous generations, removing the need for keys, changing locks, updating firmware readers, or replacing fobs. No need to worry about intruders forging copies, picking locks, or bypassing systems with secure cloud-based access control. According to Zippia, 98% of Gen Z (born between 1997-2012) and 93% of Millennials (1981-1996) in the United States own a smartphone, making mobile access control very attainable for them as they push into the multifamily market. They would also be more likely to remember their phone over a ring of keys.

On top of being more secure, mobile access control brings ease of access that legacy access control doesn’t. Through the cloud, mobile access control allows residents to swipe to open not just the doors to their apartments but to their building and other resident-exclusive amenities on a property. Depending on how secure a multifamily makes their property, a resident can feel comfort in knowing only other residents will be able to access buildings and amenities. Managers can also utilize the cloud to grant and take access away instantly and restrict access to specific access points at certain times. amenities. Managers can also utilize the cloud to grant and take access away instantly, as well as restrict access to certain access points at certain times.

When looking at the data, the evidence is overwhelming in showing why multifamily properties, both old and new, should consider upgrading their old systems or installing new access control solutions. Geokey is here to help with this process, helping properties bring their access control into the present with secure systems, reliable hardware, and affordable pricing and leasing options. Check out our website to find out how you can help your residents feel more secure while also making their lives easier.

TABLE OF CONTENTS
1. How Does Geokey Work?	4. Why Switch to Geokey?
2. Geokey Key Features	5. Schedule a Demo
3. Meet Geokey

There are numerous amounts of things to keep track of each day, and access control doesn’t have to be one of them. Upgrading your access control system takes some time and having a plan in place makes for a smoother transition.

There are a few things to keep in mind when looking for an access control company, such as defining your security needs and discovering your access control options. Why not chose Geokey, a cloud-based application that makes life simple for you.

Geokey, the leading mobile access company, is a software-as-a-service platform with an open API. That means our platform can integrate with other products and applications. Partnering with other hardware and software solution providers is how Geokey gives you so many options when creating your own access and security strategy.

How Does Geokey Work?

Access Control

No more key fobs, just your phone. Touchless access is here. A simple swipe to open is all it takes. Open all doors with Geokey. Our solution doesn’t just limit you to the intercom system, because we don’t use that old of technology. The new way of business and the new way of living is unlocking every door with your phone. That means front doors, individual rooms, elevators, gates, garages, and more.

Remote Control

You don’t have to be there. With Geokey you can control your doors from your computer or smartphone. Unlock the doors from anywhere or just see who is at your gym or business, we handle that all for you. If someone is a problem or want to cancel, you can remove their credentials instantly.

Online Portal

Security doesn’t have to be complicated. That is why Geokey’s dashboard has a seamless interface for all technology levels. From sending out Geokeys to checking up on your data logs, it is easily accessible from your desktop or mobile device. With Geokey’s full management software, you can send, retract, or limit Geokey access for each user.

Data Analytics

See who is at your facility and how long they were there. That’s not all. With the Geokey dashboard, you can view activity with Geokey Live Tracking, manage users, create user roles, view and track all access point, and unlock from anywhere. That’s right! Full data on your whole business.

User Experience

With Geokey, it’s simple to send users a text to login with their Geokey. Register geokeys to designated devices to enhance security You can grant or limit access to certain entries by credentials, and even further by date and time. You can also automate certain notifications to send directly to your users’ mobile device at certain dates and times, which is useful for important announcements and reminders. It’s easy to get started and even easier to use.

Higher Security

Geokey has a simplified look in the front with an extensive security system in the back. Our 3-factor authentication give you peace of mind for your business.
By timestamping unlocks, you can see exactly who unlocked your Geokey access point. Only give access to people you trust and keep your valuables safe.

Customization

Geokey is not a one-size-fits-all type of security solution. We can integrate with any type of door or software. Our job is to incorporate seamlessly into your life.

Wireless Locks

Geokey can communicate with locks that are wireless. If you are worried about no connectivity, don’t worry, we have you covered. You will still be able to control devices with your mobile device no matter where you are.

Integrations

Geokey has partnered with the best hardware and software vendors to bring you the highest level of customization available anywhere. That is why Geokey is your one stop shop solution for a simple and secure facility. View our hardware and software integrations here.

Save Time and Gain Control of Your Business

No more replacing locks. Rekeying or replacing keys will constantly cost you money. Not to mention, the cost of your frustration. The lock doesn’t have to change with Geokey, all you have to do is retract the credential from the user. Geokey has you covered, one click and they no longer have access. The future is here and it’s waiting for you to take control. Let Geokey revolutionize your business today.

Meet Geokey

Our Vision

Our vision is to give business owners a simplified security system that enhances their business from sales to customer service all while keeping a highly-protected facility.

We are the company of business owners for businesses owners. Since our inception, that has always been our first prerogative. That is why we are a software-first company focused on simplicity. We don’t develop hardware but rather integrate with all sorts of things from doors to padlocks.

Geokey is the perfect solution for all levels of businesses. We are a group of gamechangers that are her to disrupt the access control industry. Our patent software is designed for all levels of tech savviness and every type of business. Don’t stress about security again because with Geokey, it’s now easier than ever.

Why Switch to Geokey?

With Nexkey no longer being supported after this month, Geokey makes transitioning a quick and seamless process. Not only will you gain the ability to unlock from anywhere, but Geokey has your back with our 24/5 support.

Schedule a Demo

Today’s renters are seeking amenities that offer safety and convenience.

The National Apartment Association and National Multifamily Housing Council (NMHC) both report that renters are most interested in security-related amenities, while National Real Estate Investor magazine says the “number-one item on most renters’ wish lists is technology focused on convenience.”

In NMHC’s recent survey, smart door locks/mobile access topped renters’ wish lists for their current or next property.

As the popularity of multifamily homes rises, owners of existing multifamily assets need smart home technologies to ensure that their listings stand out amongst the competition.

With Geokey, existing multifamily buildings can be easily retrofitted for smart technology without a significant investment in infrastructure. Offering mobile access control makes a big impression for a relatively nominal cost.

Past trends in technology prove the importance of getting ahead of the curve with smart technology for multifamily assets. Think about it. Smartphones have simplified our lives in extraordinary ways, but that wasn’t always the case.

Generation X can remember when cellphones were a commodity only accessible to the wealthy. Do you remember first generation cellphones? They were bulky monstrosities that only the rich could afford. Yet, everyone was amazed by the technology.

Look how far we’ve come in that short amount of time. Mobile phone technology has advanced exponentially, and the prices have decreased making them affordable and accessible.

Today, 97% of Americans own their own mobile phone. Our smart phones offer conveniences that have shaped our modern way of life.

Millennials and Generation Z (who currently represent the majority of the renter population) have been surrounded by technology nearly from birth. Millennials grew up during the dot-com era and Gen Z barely remembers life before cellphones, if at all!

It’s only a matter of time before smart technology is as ubiquitous as cellphones. Consumers no longer want to carry keys, key fobs, or access fobs when their phones can do it all.

Some owners of existing multifamily assets still think the startup and maintenance costs will be too high.  Those owners are likely ignoring the cost of not offering it.

Residents are choosing smart apartments over traditional listings, they are staying longer, and they’re paying more for it. Not having it can be a deal-breaker.

Based on our research, we at Geokey strongly believe that multifamily asset owners and operators who provide smart technology for their community’s scale faster, stay more competitive, retain a greater percentage of residents, and will flourish despite any potential burst of the real estate bubble.

With Geokey, smart technology is available and accessible to all multifamily assets—not just new developments and lease-ups or existing Class A properties.

Contact us today and let us show you how to retrofit your properties with this game-changing technology.

For more information on how Geokey’s access control options benefit multifamily buildings click here.

For more information, visit https://www.geokeyaccess.com/

Contact: Geokey Sales

Geokey

(531) 533-5755

sales@geokeyaccess.com

Geokey:

Website: https://www.geokeyaccess.com

LinkedIn: https://www.linkedin.com/company/geokey

Facebook: https://www.facebook.com/geokeyinc

Twitter: https://twitter.com/geokeyinc

Instagram: https://www.instagram.com/geokeyinc

Most multi-family residential buildings are accessed by a myriad of individuals on a daily basis – tenants, visitors, delivery personnel, maintenance workers, etc. Traditional methods of access are difficult to manage, expensive to maintain, and lack convenience.

Gone are the days of intrusive intercom systems, bulky key fobs, and misplaced keycards. The modern, smart way of multi-residential living is unlocking every door in your building with your mobile phone.

Geokey opens all doors—front doors, individual rooms, elevators, garages, etc. Access is granted to the right doors at the right times.

Geokey’s cloud-based solutions solve access challenges through touchless mobile entry that is convenient, economical, and secure. Real-time data and analytics provides the reporting you need to strengthen security and make managing residential properties easier than ever.

Our system differs from traditional systems because the cloud hosts the software (the brains controlling the hardware) thus eliminating the need for a physical server at the property itself.

With Geokey, you eradicate risks of technical difficulties like on-site servers going down, the inconveniences of rebooting or troubleshooting your system, and the added expenses of server maintenance and repairs.

Geokey gives owners and/or property managers control of all their facilities at the touch of their fingertips from any device.

Security doesn’t have to be complicated. That is why Geokey’s dashboard has a seamless interface for all technology levels. From sending out Geokeys to checking up on your data logs, it is easily accessible from your desktop or mobile device. Additionally, users are granted Global Administrative Rights to build out multiple facilities and control points.

Geokey integrates with any type of door or software allowing us to incorporate seamlessly to meet your needs. Since the number of users or custom schedules does not determine software costs, the costs are deferrable to the tenants.

Geokey is the product you can trust to manage your tenants, guests, and visitors. No more changing locks or worrying about who can get in your building. Geokey has you covered.

Deliveries are a cinch with Geokey. Simply give delivery persons Geokey access or designate a separate room that only Geokey users can enter. All users are tracked by who enters, at what time, and when they leave.

The future is here and it’s waiting for you to take control. Let Geokey revolutionize your multi-family residential buildings today.

For pricing and information contact Taylor Williams, Chief Sales Officer at taylor.williams@geokeyaccess.com.