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essential tips for maximizing your commercial real estate with drones

4 Essential Tips to Maximize Your Commercial Real Estate: Drone Inspection

June 13, 2022

Maximizing your properties’ values is like a whack-a-mole game that never ends; every time you fix one problem, another is bound to come up. It’s inevitable that your property will age, but the good news is there are ways to slow down the aging process and ensure your investment appreciates. With drones, you can gain reliable insights about your properties that you [probably] haven’t achieved before. Avoiding mistakes is as easy as one, two, three, and four. Here is how you can avoid pitfalls using drone technology with your commercial properties.

  1. Keep a consistent inspection timeline
     

    We get it, inspections are time-consuming, and having them on a regular basis can be difficult. But, the routine annual inspection just doesn’t cut it anymore. With natural disasters, inclement weather, wildlife, and other factors out of your control, asset managers are seeing the benefits of increasing the frequency of their inspections. How are they able to do it? With the use of drones and aerial insights. Managers are automating their inspections to have monthly, quarterly, or biannual inspections planned in advance – set it and forget it.

    DroneUp creates orthomosaic sitemaps to give you a comprehensive 360° view of your building in a fraction of the time. The cost and time savings go well beyond conducting the inspection by helping you with preventative maintenance measures. Oftentimes, repairs and renovations are underestimated, costing you more in the long run. With aerial insights, you will get detailed imagery and video to pinpoint exactly what needs fixing and when, helping you make an evidence-driven plan of action.

  2. Keep your teams productive and limit travel costs
     

    It’s not possible to be in two places at the same time; but with drones, you can collect data on two, two hundred, or even two thousand properties at the same time. Our pilot network enables you to collect massive amounts of data on your properties nationwide. Inspecting numerous large areas is no longer cost-prohibitive, plus we output this data into a comprehensive 3D model that makes it easy to share with stakeholders.

    DroneUp has the expertise, insurance, and operational know-how to collect tremendous amounts of data on shorter timelines. That’s why so many companies trust us as an extension of themselves and their team. They know they can rely on DroneUp while growing their portfolio without stretching themselves thin, giving them the time management they need.

  3. Keep reliable data insights accessible at a moment's notice
     

    When the insurance company comes knocking on your door, you don’t want to be scrambling to collect the assets they need. Archiving data in an organized fashion is key for filing insurance claims, keeping tabs on your property over time, and reducing liability. These records also give your company ground to stand on if you come under fire for accidents stemming from property conditions, giving you a source of truth that potentially protects you. Being able to compare data sets year over year is also helpful if [or when] the time comes to sell your property.

    DroneUp’s data management platform gives you the objective data you need to understand the condition of your assets. Whether you’re looking at the rapid deterioration of your parking lot over time or keeping a close eye on the standing water on your roof before it creates a leak, you’re saving time and money by using our team to collect and store this data.

  4. Keep an open mind when adopting new technologies
     

    Asset managers who see the value in adopting emerging technology are also reaping the valuable benefits they bring. Drone technology is being used more and more each day to help alleviate the work that comes with managing a hefty portfolio. Exploring this technology can end up saving you time, making your job easier while giving you cost savings and a new level of awareness that was previously unachievable.

Integrating drones into your property management plan gives you nothing to lose and everything to gain. Contact us today to learn more about our tailored solutions for commercial real estate [and how we can help you maximize your portfolio].