"Breaking the Right Rules: Smart Building Certification – Playing by the Rules that Matter"

Written By | Smart Building Collective

In the fast-paced yet traditional world of real estate, success is often measured by the rules we choose to follow. But let’s be honest, some of the rules are better than others. In the quest for smarter, more efficient buildings, the game has changed, and we now find ourselves navigating the uncharted waters of smart building certification. But here's the twist: we are playing by our own set of rules and we believe they are the ones that will end up driving value.

Higher profits

In the real estate realm, the rules are crystal clear – faster tenancy, higher rents, and greater purchase prices translate into a roaring return on investment (ROI). These are the yardsticks by which success is measured, and savvy investors and developers are eager to embrace any tools and innovations that help them climb the ladder of profitability.

Smart buildings, with their cutting-edge technologies and futuristic allure, promise to be a game-changer in the industry. From energy-efficient lighting systems to automated climate control and data-driven insights, the ‘potential’ for higher profits is enormous, potential being a very important key word. As we always say, it is not about technology itself, but what we do with it that matters. But while we willingly play by the rules of real estate where we give credit for fancy tools and technology, we seem to be taking a rather unconventional path when it comes to smart building certification. How smart buildings are integrated into human process and business value matters, and the effectiveness of these technologies can and should be measured.

Stop with the checklists and 1 size-fits-all approach

In the age of customization and innovation, the traditional certifications, with their rigid checklists and one-size-fits-all approach, have become painfully obsolete. They are seen as burdensome, cumbersome, and, frankly, irrelevant to the dynamic world of real estate and smart buildings.

Every step in the certification process should be useful, productive, and relevant in its own right. The old cookie-cutter model that aims to standardize and homogenize smart buildings simply doesn't cut it anymore. Smart buildings are unique, dynamic entities, each with its own set of intricacies and challenges.

This is precisely why we find ourselves embracing a new paradigm, a shift in the way we approach smart building certification. We are charting a course that allows us to choose and mold the rules that matter most, aligning them with the ROI-driven goals of the real estate world and benchmark them against real buildings, case studies, geographies, and asset classes.

The smart building certification of the future is not a tedious checklist that must be ticked off to pass muster. It's a dynamic, adaptable framework that adds value at every stage. From planning and design to management and occupancy, each step should contribute to the building's intelligence and profitability.

And best yet, your score based on comparison of real buildings! Your score is compared to the best platinum buildings, and if you break past the benchmark, you become the new best and receive the accolades associated. 

Not every smart initiative is technology

Smart buildings are transforming the real estate landscape by offering improved facility management, efficient operations, proactive maintenance, enhanced tenant services, and even entirely new business models. These interconnected structures optimize resource use, reduce maintenance costs, and personalize tenant experiences, while also creating opportunities for data-driven revenue streams and partnerships with tech companies. The Smart Building Certification is as much about the human innovation, process, and procedure as it is about the technology in your building. How are you set up for success? As we transfer assets to the next phase of life, seamlessly transferring the smart building should count for something, making sure the new tenants, owners, or users of the building are actually empowered to execute on the promise of the building. It is not only about the technology, but what the future owners and tenants are able to do with it as well.

A tailored approach

Moreover, instead of a one-size-fits-all mentality, let's empower builders and developers to tailor certifications to their unique projects. A high-rise apartment complex in a bustling metropolis will have different smart building needs than a cutting-edge research facility in a rural area. Customization is key to delivering maximum value and ROI. Together we are building the worlds first crowd sourced certification scheme.

By playing by these new rules, we open the door to a brighter, smarter future. The buildings we create are more efficient, sustainable, and user-friendly. Tenants experience heightened comfort and security, leading to higher rents and longer leases. Investors see their ROI soar as energy savings and operational efficiencies boost profitability.

Rewrite the rulebook

It's time to rewrite the rulebook for smart building certification. We must embrace innovation, customization, and utility at every turn. By doing so, we can achieve the remarkable results we've come to expect in the real estate world, all while creating a more sustainable, intelligent, and profitable future for the buildings we inhabit. Isn’t it time to break free from the old mold and embrace smarter, more sustainable and healthier buildings? And if we’re going to make a great building shouldn’t we certify it with a tool capable of capturing the building's unique approach?

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