Ranking real estate based on its value and other factors
US8832115B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Dec 20, 2011 |
| Grant date | Sep 9, 2014 |
| Priority date | — |
| Expiry date | Oct 1, 2032 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q50/16
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Real estate ranking computation is calculated to sort real estate properties. Such computations use available information regarding real estate properties in any local markets and may help the real estate buyer to identify real estate properties with various ranked financial values. Suitably, a relatively small geographic area can be used based on the real estate buyer's specified criteria, and the real estate ranking computation is able to handle interactions among predictor variables, possesses suitable predictive confidence, and includes the capability for dynamically adjusting the underlying ranking computation as new patterns of real estate market emerge over time.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.