The Anna Maria Island Sun Newspaper

Vol. 15 No. 23 - April 1, 2015

REAL ESTATE

It’s a bird; it’s a plane; it’s a drone

 

What’s about four feet wide, has propellers and wings, elevates like a helicopter, glides like a plane and delivers your new smart phone? Well if we were having this conversation even 10 years ago on April 1, you would probably figure it’s an April fool’s joke, but in 2015 it’s no joke.

Drones are all over the media these days from Amazon and Google wanting to use them to deliver their packages to photographers wanting to use them to film weddings, outdoor sporting and entertainment events and just plain nosy people. But how this new technology applies to marketing real estate can get into a real fuzzy right of privacy area.

Drones and real estate is a match made in heaven, especially when you are marketing high end homes that are on the water. No matter how many quality photos you take, it can never convey the special quality of a waterfront front home. Imagine flying over the roof of your home with a bird’s eye view of your free form pool, dock, terrace and landscaping being fully appreciated from above.

From a buyer's point of view, drone videos can capture ornamental details and physical conditions. Likewise, inspection of structural elements like piers, boat docks and roofs, which are not otherwise available until a structural engineer’s inspection, can rule out a property at the outset. This also can work for sellers who are confident in their property and invite close inspections.

However, the real star of your own private star wars show is the water. Gulffront homes can’t possibly be appreciated unless you can see their location from above or off shore like a boat approaching the shoreline. Drones will also give canal home buyers the advantage of seeing the width and even the depth of the canal, as well as the location on the waterway, in addition to the convenience and access to open water.

Although the Federal Aviation Administration rules allowing commercial drone use are about two years away, there have been recent changes that would allow a more flexible framework for the use of drones. For now the FAA maintains that commercial drone operators must apply for an exemption from existing regulations, which some realtors around the country have received.

But that’s not stopping real estate companies from getting ready for when the technology is more widely available and the regulations are finalized. Some are even skirting the regulations and finding a way to use drones right now, depending on the drone pilots they hire to understand the regulations. Never-the-less agents are officially cautioned against using the technology until the rule changes are approved.

Florida is one of the key states in the country that heavily markets to out of state and international buyers who frequently shop remotely. The more information they can get to these buyers, especially in the luxury market, the more complete picture a buyer can have of the property. Agents say that aerial views give a visual perspective to buyers shopping remotely that ground level photos cannot, frequently just enough perspective to push them over the finish line.

So keep an eye out for any little mechanical birds flying around your house. You can bet there will be a lot more of them in the years ahead. Able to leap tall buildings with a single bound – look up in the sky – it’s a bird; it’s a plane, oh no; it's just another drone. Better get your clothes on.

Real Estate Transactions
November 2014

Sponsored by Alan Galletto Island Real Estate

Sold Date | List Price | Sold Price | Address | Provision | Property Style

Anna Maria

02/17/2015 424,000 603,829 204 Willow Ave 1114 3 Br/2 Ba SFR, Bank Owned
02/20/2015 699,000 643,000 240 Chilson Ave 1747 3 Br/3 Ba SFR
02/16/2015 749,500 690,000 307 North Bay Blvd 1701 57.5x110 2 BR/2.5 Ba SFR
02/05/2015 995,000 900,000 231 Willow Ave 2023 80x148 3 Br/3.5 Ba SFR
02/27/2015 275,000 260,000 522 Pine Avenue 4B 822 2 Br/ 1 Ba Condo
02/13/2015 499,000 480,000 523 Kumquat Dr 75x117 Lot

Bradenton Beach

02/27/2015 199,900 215,000 2412 Gulf N Dr #121 459 1 Br/ 1 Ba Condo, Bank Owned
02/12/2015 369,900 359,000 1801 Gulf N Dr # 162 1080 2 Br/2 Ba Condo
02/27/2015 109,999 100,000 2601 Gulf N Dr 625 456 1 Br/ 1 Ba Mobile Home
02/27/2015 415,000 415,000 2513 Avenue B 1600 50x100 Duplex

Cortez

02/27/2015 95,000 79,000 12506 Safe Harbour

Holmes Beach

02/20/2015 499,000 465,000 510 Key Royale Dr 1441 2 BR/2 Ba SFR
02/26/2015 599,000 500,000 7304 Palm Dr 1528 2 BR/1.5 Ba SFR
02/27/2015 595,000 550,000 207 65th St 1281 59x100 3 Br/2 Ba SFR
02/02/2015 635,000 600,000 622 Foxworth Ln 1973 3 Br/2 Ba SFR
02/02/2015 629,000 600,000 301 74th St 1860 2 Br/2 Ba SFR
02/26/2015 696,900 650,000 4004 5th Ave # 3 3088 4 Br/4 Ba SFR, Bank Owned
02/18/2015 729,900 670,000 618 N Point Dr 2778 100x83 3 Br/3 Ba SFR
02/11/2015 1,395,000 1,250,000 503 69th St 2797 3 Br/2 Ba SFR 02/23/2015 1,645,000 1,550,000 110 72nd St 2354 100x100 5 Br/4.5 Ba SFR
02/17/2015 234,900 224,500 5400 Gulf Dr 20 810 1 Br/ 1 Ba Condo
02/26/2015 375,000 360,000 5608 Gulf Dr # 104 1092 2 Br/2 Ba Condo
02/13/2015 379,000 369,000 3302 6th Ave # 4 750 2 Br/2 Ba Condo
02/02/2015 475,000 453,000 6250 Holmes Blvd # 67 1536 3 Br/2.5 Ba Condo
02/27/2015 579,900 580,000 4808 Gulf Dr # B 2048 90x100 3 Br/2.5 Ba Condo, Bank Owned
02/27/2015 599,000 585,000 311 64th St # 311 2001 3 Br/2.5 Ba Condo 02/23/2015 749,000 730,000 7310 Holmes Blvd 1872 3 Br/3 Ba Half Duplex 02/27/2015 419,000 405,000 6321 Gulf Dr 1206 3 Br/2 Ba Townhouse

Source: Mid Florida Multiple Listing Service


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