Automatically determining market rental rates for properties
US10460406B1 · kind B1 · utility
8Cited by
49References
21Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Mar 9, 2011 |
| Grant date | Oct 29, 2019 |
| Priority date | — |
| Expiry date | Sep 14, 2031 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q50/163
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A facility for determining a market rental rate for a distinguished home located in a distinguished geographic area is described. The facility receives home attributes for the distinguished home. The facility obtains a market rental rate for the distinguished home by applying to the received home attributes a valuation model for homes in the distinguished geographic area that has been trained using rental listing price and home attribute data from homes recently listed for rental in the distinguished geographic area. The facility reports the obtained market rental rate for the distinguished home.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.