DATA PROCESSING SYSTEM FOR GENERATING AND DEPICTING CHARACTERISTIC INFORMATION IN UPDATABLE SUB-MARKETS

DATA PROCESSING SYSTEM FOR GENERATING AND DEPICTING CHARACTERISTIC INFORMATION IN UPDATABLE SUB-MARKETS

Tools for analyzing sub-markets corresponding to subject properties are disclosed. An initial pool of property sales is determined as a general market for a subject property, according to property characteristics. Interfaces are provided to allow revision of the property characteristics to iterative...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: Chatarpaul, Usha, Talbird, David A, Rosenblatt, Eric, Meale, Felix, Alekperov, Zaur
Format: Patent
Sprache:eng
Schlagworte:
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
IMAGE DATA PROCESSING OR GENERATION, IN GENERAL
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Beschreibung
Zusammenfassung:Tools for analyzing sub-markets corresponding to subject properties are disclosed. An initial pool of property sales is determined as a general market for a subject property, according to property characteristics. Interfaces are provided to allow revision of the property characteristics to iteratively flexibly define new sub-markets for the subject property. A map image is displayed depicting the subject property along with properties included and excluded from the current sub-market. Additionally, a graph image depicts sale price versus hedonic price for each property. Boundary lines are provided in the graph image to depict sales price outliers among the results for the current sub-market. The distribution of any selectable property characteristic for the general market and the current sub-market can also be displayed in a graphical image. Interfaces allow the user to investigate individual properties (e.g., outliers) and to selectively include or exclude any given property.