Automatically determining market rental rates for properties
US11288756B1 · kind B1 · utility
2Cited by
73References
20Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Oct 28, 2019 |
| Grant date | Mar 29, 2022 |
| Priority date | — |
| Expiry date | Sep 17, 2040 |
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.