The way in which surveyors are working is changing with the times, as with most industries they are turning more towards mobile and alternative technologies.
Most surveyors that you will see coming to your homes or projects are less likely to have a pen and paper to hand, instead swapping the traditional for tablets and mobile phones. The benefits of not having to write it all down are massive, with less time spent typing up the results and notes for the reports. Nowadays surveyors can store all the data needed on their devices leading to a much quicker turnaround.
This leads to a reduced number of errors occurring as the right information is stored on site rather than relying on hand notes being recorded and typed up correctly. There is no reason as to why the majority of surveyors cannot become mainly paperless as the technology advances.
This helps with mortgage valuations as a lot of people feel that some processes when buying a house took too long. If each step can be slightly shortened by the use of going paper free then this will help with the overall time taken when applying for mortgages and such like.
Property big data, Automated Valuation Models and Valuation Risk Modelling all play their part here. If you can assess the risk parameters upfront then lenders can avoid the need for an onsite survey where the risk factors are thought to be low. It is thought that computer based valuations will become more frequent helping with the need for ever quicker mortgage decisions.
If an onsite valuation is needed then any risks can be entered into the building surveyors tablet and relevant information can then be used as part of the survey. This will help to proactively flag up any concerns which will be beneficial to the homebuyer.
Technology is progressing so fast it’s hard to know what building surveying will look like in a decade or more. Drones have the potential to be used to take external photographs of properties, and it’s thought that Virtual Reality (VR) could also play a part.
It’s still early days and the quality of most of these technologies are still in relatively early phases with costs quite high. Estate Agents are beginning to use VR for property viewings, so property surveyors may see this technology slowly becoming more common place.