March 31, 2015
Click here to view video outlining proposed rules.
The Federal Aviation Administration has issued its long-awaited proposed rules on using drones for a commercial purpose. Watch this month’s Window to the Law video (above) to see how the new rules will impact real estate professionals.
February 27, 2015
The Federal Aviation Administration (FAA) has proposed a rule that would permit the commercial use of unmanned aerial vehicles (UAVs) or drones. Many real estate agents have expressed an interest in using this technology to take pictures and videos of their listings to show to clients. There are several applications for drone use in building management, property inspection, land surveying, building energy modeling and other aspects of real estate.
The proposed rule is the first step toward a regulatory environment where commercial drone use is legal and has prescribed guidelines from the FAA. Please click here for an overview of the rule.
“Technology is advancing at an unprecedented pace and this milestone allows federal regulations and the use of our national airspace to evolve to safely accommodate innovation,” said Transportation Secretary Anthony Foxx. The FAA has recently been under scrutiny from lawmakers and industry as it had missed the original deadline for proposing a rule.
Overview from NAR
While NAR still recommends that members not use UVA (drone) technology for any purpose related to selling property, it is working with the FAA as they develop a regulatory framework that allows for the safe commercial use of this technology, as it may provide new opportunities for agents to add value to the real estate transaction.
Stay on top of updates at the Drones topic page on Realtor.org.
By: Stephanie A. Spear, Erin Stackley, and Ken Wingert (National Association of REALTORS®)