Bay Equity Home Loans Newsletter
Bay Equity Home Loans Newsletter

Day of the Drone

Bay Equity Home Loans Newsletter

Are you a real estate agent who will tiptoe down the stairs this Christmas morning to see if Santa Claus left a drone under the tree?

The Federal Aviation Administration officially okayed Unmanned Aerial Vehicles (UAVs) for commercial use in August, and businesses – from farmers to filmmakers to wedding photographers - plan to leverage the steady, high-resolution cameras attached to most of these flying machines.

And yes, real estate agents, the FAA didn’t forget you. You can legally use drones to take aerial pictures of your listings.


According to the FAA, 1 million drones were sold for Christmas, 2015, and another 1.5 million will hit airways after the 2016 holiday season. Many new drone owners will want to take their new toys out for a whirl.

But you can’t just run outside in your pajamas willy-nilly and start photographing everything in sight. There are some restrictions.

Unless you already hold a valid pilot’s license, you will require FAA certification to operate a drone for commercial use - by passing a general aviation knowledge test and taking a class.

Commercial drones must weigh less than 55 pounds. They can only be flown to a maximum altitude of 400 feet and must stay a minimum of five miles away from airports.

No spy missions: You must maintain visual contact with the craft at all times.

Unlike conventional photography, drones can help home hunters see a home’s surroundings, with images that can show the precise topography in two or even three dimensions. This comes in particularly handy with sprawling luxury estates, but soon, drone images are expected to become routine for moderately priced homes as well.

Other uses for drones are still being discovered, becoming standard tools for home inspectors, roof inspectors, insurance companies and appraisers.

Prudent operators should probably obtain liability insurance to protect against claims for property damage, injuries or an invasion of privacy. And consider notifying neighbors as a courtesy.

Over the next decade, drones are expected to have an economic impact of $80 to $90 billion.


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Not intended to solicit loans in states I am not licensed in. Equal Housing Lender. This is not a commitment to lend or extend credit. Restrictions may apply. Rates may not be available at time of application. Information and/or data are subject to change without notice. All loans are subject to credit approval. Not all loans or products are available in all states. Bay Equity LLC, 770 Tamalpais Drive Suite 207, Corte Madera, CA 94925; NMLS ID#76988. Arizona Mortgage Banker License #0910340; click here: www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/76988