Drones, Artificial Intelligence Will Shift Real Estate Needs

July 25, 2016

10:18 am

Last year, smart homes were set to be the next big thing, and our attention was focused on finding new ways to integrate technology into our homes. One year on, the focus has shifted. We are less concerned with what we can move in, and more focused on what can help us move out.

Real estate may not be the first industry that springs to mind when we consider the transformative potential of drones and artificial intelligence. However, with technology advancing at such pace, new commercial applications are being unveiled all the time, and the property retail and management sectors both stand to benefit.

Drones Are Creating Real Estate Cinematography

For the last century, estate agents have relied heavily on manual, ground-level photography to market property. Any technological advances in this area have come in the form of improvements to digital cameras, or by using aircraft such as helicopters to capture aerial views.

Since the 1990s, satellite imagery has been available to the public for personal and commercial purposes, including real estate. Satellite imagery producers Earth-i have observed how satellite data can offer invaluable insights to urban planning and monitoring industries, which can easily encompass every stage of property development, from construction to marketing. Tapping into this distant source provides new, detailed perspectives on properties for potential buyers.

Aerial photographs of real estate have many applications beyond selling houses. Satellites are able to take a range of data across large areas of ground. These insights can be analyzed to calculate insurance and property prices by identifying risk factors such as flooding, subsidence or landslides much more efficiently than helicopters or ground observations.

However, with drones threatening to replace satellites in a number of fields previously dominated by space technology, new options for real estate are emerging much closer to home. Drones have recently been permitted to to fly above houses and through gardens, gathering more intimate, detailed footage for home buyers.

It’s probable that this extravagant method of house viewing will not take off in mainstream property marketing agencies, but it may become a part of more elite retail markets. Not only will millionaire customers be able to view vast property grounds from the air, but, thanks to virtual reality touring platforms such as Horoma, buyers are now able to scope out the interior of potential new multi-million dollar homes.

Google Glass May Be Able to Keep a Watchful Eye on What You Pack

One of the most daunting tasks households face when moving home is packing up their belongings to be transported elsewhere. Often, professional moving companies are hired to assist this process, but these services can incur unnecessary fees and risks, which increase anxiety and stress.

Technology could play an important role in protecting the financial and emotional interests of both the homeowners and the professional moving services. One device becoming an increasingly prominent contender in real estate is Google Glass. Professionals who pack and transport belongings could begin to wear the high-tech glasses during house moves to more accurately document each stage of the process.

Google Glass has already been used in warehouses to assist stock collectors with completing inventories and identifying items from digital lists. Research has shown that workers with Google Glass can complete their set tasks faster, and with fewer errors, compared to those working with printed inventories.

Such technology could serve the same purpose when moving house: providing accurate documentation of all the items being packed, minimizing the risk of things being lost in the move. This could also reduce the amount of time spent on the packing process, thus reducing the cost and anxiety to the homeowner. In a highly competitive industry, where transport services have begun bidding for courier, removal and delivery work, having this high-tech assistance might give companies the edge they need to secure the job.

Drones May Soon be Able to Lift Up Your Entire House

Not only has technology has given us eyes to explore manor house grounds and keep watch over our belongings, it is also provided us with a much more physical helping hand. A new model of drone has already been imagined, one so gigantic that it is capable of lifting loaded containers, tons of equipment and even an entire house.

Our first introduction to the ‘Drone Boss 3000’ came through a television advert by a company in Stockholm. Their plans for this aerial giant are still up in the air, but they may well be on the way.

Containers loaded with household belongings, flown across the country by drones, would significantly reduce the length of time taken to move house. It may also encourage people to donate their belongings and furniture to charitable causes, as they could be loaded into a container and carried to those in need.

Environmentally-focused home clearance company Clearance Solutions note that when clearing a house there are a number of local causes which could benefit from donations. Flood victims, for instance, who have lost their furniture due to water damage, may be more likely receive furniture from people responsibly emptying their homes.

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Simon Davies is a London based freelance writer with an interest in startup culture, issues and solutions.

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