METHOD AND SYSTEM FOR REAL ESTATE VALUATION

A method for valuation in heterogeneous real property systems includes extracting, from a legacy property management system, a legacy system property data defined for a target real estate property from a legacy property management system, converting the legacy system property data from a legacy data...

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Hauptverfasser: SAYANY, Salman Ashiqali, PALLANIK, Kyle Robert Joseph, JAGDEV, Sujit Pal Singh, DEVADASON, Christopher Paul, ELLENS, James Kenneth
Format: Patent
Sprache:eng ; fre ; ger
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Zusammenfassung:A method for valuation in heterogeneous real property systems includes extracting, from a legacy property management system, a legacy system property data defined for a target real estate property from a legacy property management system, converting the legacy system property data from a legacy data format to a standardized format to obtain converted property data, and transmitting the converted property data to an orchestrator. The orchestrator queries a valuation tree with multiple property attributes from the converted property data to obtain a valuation model. The method further includes applying the valuation model to the converted property data to obtain multiple valuation results, generating a property value from valuation results, appending the property value to valuation results, and storing valuation results with a real estate property identifier for the target real estate property.