Method and system to dynamically determine market rent

A system and method to optimize rent for rental property management is disclosed. The system allows a user to calculate optimal rents for any variety of rental strategies using the same general algorithm. The system stores past and present competitor rents in a storage base. The rent data is taken f...

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Bibliographische Detailangaben
Hauptverfasser:	DAVIDOFF DONALD M, BRUST CHRISTOPHER A, HUGHES RICHARD
Format:	Patent
Sprache:	eng
Schlagworte:	CALCULATING CLIMATE CHANGE MITIGATION TECHNOLOGIES RELATED TO WASTEWATERTREATMENT OR WASTE MANAGEMENT COMPUTING COUNTING DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES GENERAL TAGGING OF CROSS-SECTIONAL TECHNOLOGIES SPANNING OVER SEVERAL SECTIONS OF THE IPC GENERAL TAGGING OF NEW TECHNOLOGICAL DEVELOPMENTS PHYSICS SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR TECHNICAL SUBJECTS COVERED BY FORMER USPC CROSS-REFERENCE ART COLLECTIONS [XRACs] AND DIGESTS TECHNOLOGIES OR APPLICATIONS FOR MITIGATION OR ADAPTATION AGAINSTCLIMATE CHANGE
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Beschreibung
Zusammenfassung:	A system and method to optimize rent for rental property management is disclosed. The system allows a user to calculate optimal rents for any variety of rental strategies using the same general algorithm. The system stores past and present competitor rents in a storage base. The rent data is taken from different users who may be in different rental locales. The system also has data relating to the last reference rent, a factor indicating aggressiveness in renting, a medium brake factor at which rent is lowered to that of the competitors and a high brake factor. The reference rent is calculated by a rent engine using these variables. The user may adjust the data for different rental strategies. The system allows a user to display the rent values for different unit types and break down the data into discrete samples.