Will Increase in Drone Use for Real Estate Due Diligence Affect the Industry?

Drones

As effective tools for collecting data, improving safety, and increasing efficiency, drones have been increasingly used in the real estate, insurance, and retail applications (with giants like Amazon and Walmart competing to be the first to roll out air deliveries). Earlier this year, ASTM International published F3411-10 (Standard Specification for Remote ID and Tracking) to meet the need for a standardized identification and tracking system for the unmanned aircraft systems. The commercial use of drones has expanded due to the Covid-19 pandemic, and has fundamentally changed the way business is being conducted, particularly in the due diligence process in large corporate mergers & acquisitions...

Read More