Drones: 2015s latest addition to property management?

Ashley Halligan
Ashley Halligan | 2 min. read

Published on October 10, 2012

Just a year ago, several California-based real estate agencies had already begun implementing aerial real estate photography via Unmanned Aerial Vehicles (UAVs) — significantly reducing the cost of employing manned aircraft to capture high-end estate images. Furthermore, new technologies allow these UAVs — or drones — to capture high-resolution images that were before impossible.

In February 2012, however, a new bill — the FAA Air Transportation Modernization and Safety Improvement Act — led to the LAPD cracking down on aerial photography operations — but only temporarily. The new bill will actually pave a a freer path for both private and commercial use of drones. The bill has approved more than $60 billion in funds to the FAA and also requires that the FAA have its new laws loosening the airspace restrictions in place by September 2015.

Aside from aerial photography, what other ways are real estate and property management professionals considering the future impact of loosened restrictions?

David Record, CEO of Advanced Unmanned, brings up an interesting point about satellite imagery — and its impact on property maintenance, for example.

“These UAVs allow the end-user to have imagery that is fresher and more relevant; thus the imagery itself becomes a party of the decision-making process,” he says. “The expansion of accessible, relevant data allows property owners, planners, and other entities to make decisions from a desktop rather than having to travel on-site to acquire the same information.”

In an article I recently wrote for Software Advice, I explored real estate professionals’ opinions and some of the public apprehensions encompassing this hot topic. What else did they have to say?

Read the original story — Drones: A Controversial Eye in the Sky for Property Managers.

Read more on Uncategorized
Ashley Halligan

Trending Stories For You
Accounting & Taxes The ins and outs of HOA reserve fund accounting
If you talk to an association and ask them about their HOA reserve fund accounting, you may hear some pretty unfortunate stories that happened before…
Laurie Mega
| 13 min. read
Accounting & Taxes How does a 1031 exchange work? Everything property managers need to know
There are many reasons why an investor might want to consider doing a 1031 exchange. Maybe it’s to avoid paying capital gains taxes right away.…
Amanda Maher
| 5 min. read
Legal Considerations Fire insurance 101: What landlords & property managers need to know
Residential fires are as costly as they are common. In 2021, there were almost 1.4 million fires resulting in $16 billion in losses, according to…
Jason Van Steenwyk
| 9 min. read

Be a more productive
property manager