By Michael Hosking, Certified Residential Real Estate Appraiser
Feature Photo courtesy of Geek on Gadgets
One would assume that it’s only a matter of time before drones, the hottest tech gadget on the planet these days, become a useful tool in property inspections. Well the time is here, and the inspection business is flying high!
According to an article published on November 4, 2016 by Fox Rothschild LLP, the FAA is working fast and furious to grant special permits for drones in business – over 4,000 have been issued for the commercial use of “Unmanned Aircraft Systems” (UAS) to-date. And drone use is revolutionizing the way many industries are advancing their business. Insurance companies like Allstate, USAA, State Farm, and AIG have all taken to the skies for the inspection of properties that are unsafe or difficult to reach. This translates to lower risks for inspectors and quicker payments for insurance customers, a win-win all around.
Naturally, UAS permits come with restrictions. Commercial drone use near airports, high-density housing communities and urban areas is prohibited, as is night-time flying. Permission by property owners is also required, But regardless of the restrictions, one thing is certain: the use of drones – whether in real estate, insurance, or telecommunications, has already made a profound impact on the business of inspecting, and the fun has just begun.
Hosking Appraisal Group, Inc. 