Real estate industry uses drones to provide new vantage point for home buyers

Over the past few years, drone technology has vastly improved. Drones have made their way onto retailers’ shelves and into the homes of more than 459,000 registered users in the U.S., according to the Federal Aviation Administration.

Drones can be used for a wide variety of purposes, just one of them being recreation. While they are fun to play with, a Skylogic Research report found that the vast majority of drone buyers are in their 30s or older, MarketWatch reported. This could indicate that they are most widely used for commercial purposes.

“The most popular use of drones by far is aerial photography and videography.”

Many industries have found uses for drones. In the construction industry, drones can keep a close eye on progress from a vantage point contractors would have a difficult time reaching. In agriculture, drones can send photos and video back to farmers to monitor crops and pests. The most popular use for drones by far is aerial photography, according to the Association for Unmanned Vehicle Systems International.

Real estate embraces new tech

The Federal Aviation Administration released a report that explained that real estate is the second-most popular industry for the drone market, comprising 22 percent of the share. Aerial photography allows prospective buyers to see a new angle of the property they are considering. This is especially useful for people looking to buy a larger piece of property, as an aerial photograph or video can provide them a better idea of how the land is laid out and how the house or any other structures are arranged.

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Aerial photography can show prospective buyers how a neighborhood or large properly is laid out.

Recent legislation changes have made drone photography for real estate purposes more accessible to industry professionals. Prior to this summer, the FAA required drone users to obtain a waiver to operate a drone that weighed fewer than 55 pounds, Inman reported. Additionally, clearance from local air traffic control is no longer needed to operate a drone in any airspace classified G.

These rules took effect in August 2016, and many people have taken advantage of these less constrained regulations. Two high school students in Greenwich, Connecticut, have even opened their own aerial photography business for real estate agents, according to the Greenwich Patch. Drone users must be at least 16 years old and have passed a knowledge test issued by the FAA, Inman explained.

Roof appeal

As more entrepreneurs open aerial photography businesses and more real estate agents invest in their own drones, people buying or selling homes will have a new item to think about when entering the market. As BiggerPockets writer Leo Kingston pointed out, increasing numbers people will be taking a close look at the roofs of homes before they purchase them – something homeowners of years past have surely thought about, but lacked the means to do so.

Real estate agents teach their clients about the importance of curb appeal, as the front-facing outside is typically the first thing a person sees when checking out a new home. However, this technology is changing what the first impression of a property really is. Now, roof appeal is becoming more important for buyers and sellers. To make a home marketable, it must look good from all angles, including a bird’s eye view. Those hoping to sell their homes should be sure their roof is in tip-top shape before listing. And every prospective home buyer will benefit from ensuring a roof is in good condition before buying.

For more information about finding a home that’s right for you, talk to the experts at Lenox/WesLend Financial or call 844-225-3669. As heard on the radio, it’s the biggest no-brainer in the history of mankind.